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Renting Your Vacation Home near Lake Tahoe: STR Rules You Need to Know

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People buy vacation homes near Lake Tahoe for the natural beauty and outdoor recreation. Another potential draw is the rental income from a vacation home near Lake Tahoe.

However, navigating the complex world of short-term rentals (STRs) can be challenging. Each city has rules and regulations you must follow.

This guide will cover the latest STR rules for different areas around Lake Tahoe.

Lake Tahoe Real Estate Market Watch

As of June 2023, the average home sales price near Lake Tahoe was $692,500. Real estate data changes frequently. If you want to buy or sell a home in the Lake Tahoe area, click here to contact us.

STR Rules You Need To Know Before Renting Out Your Vacation Home near Lake Tahoe

South Shore

  1. City of South Lake Tahoe, CA: The city introduced Measure T in 2018. Since then, STRs are not allowed in residential neighborhoods. Existing vacation rental permits expired in 2021, and renewals are not possible.
  2. Tourist Core, South Lake Tahoe, CA: The Tourist Core, designated for commercial and tourism purposes, is exempt from Measure T restrictions. Vacation rentals are allowed here, albeit with limited availability.
  3. El Dorado County, CA: County neighborhoods outside specific boundaries can obtain vacation rental permits. However, there is a cap of 900 permits. These permits are non-transferable upon property sale.
  4. Douglas County, CA: This county imposed a 600-permit cap for STRs. Waitlisted applicants can apply annually during a specific window for available permits.

To get more details about these regulations, visit the official websites of the abovementioned counties.

North Shore

  1. Incline Village, NV: Rental permits are necessary for short-term rentals in Incline Village. Condo and townhouse owners should note that many homeowners’ associations do not permit short-term rentals.
  2. North Shore Communities, CA: Placer County, which includes several North Shore communities, has regulations subject to updates. An urgency ordinance introduced a cap of 3,900 rental permits. The permitting process prioritizes renewals, exemptions, and new applications.

To dive deeper into these regulations, visit the official websites of Incline Village and Placer County.

Truckee

Truckee, located in Nevada County, has seen recent changes to its STR regulations.

  1. Urgency Ordinance Moratorium: The city placed a 45-day moratorium on new STR registration certificates in 2021. Exemptions include complete applications submitted before the ordinance’s adoption and new property owners in escrow during the ordinance’s adoption.
  2. Updates in January 2023: Notable ordinance updates include the prohibition of short-term renting for manufactured homes and mobile homes. Registration renewals now start on November 1. Properties without occupancy certificates cannot join the waitlist. Active code cases might lead to waitlist application denials.

For more comprehensive information, you can visit the official website of Truckee.

Ready to rent out your vacation home?

Renting a Lake Tahoe vacation home can be profitable. However, you need to follow the rules. Property owners should consult with experts before listing their homes.

Do you need help buying or selling a luxury property near Lake Tahoe? Click here to contact Fawne Hayes. Fawne is a local real estate expert ready to help you achieve your goals.

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