There are many great condominium options for vacation homes in the North Lake Tahoe and Truckee area. While nearly any property in the area can be rented out when not in use, there are several condominium properties that offer a way to offset the cost of the condo with guaranteed occupancy and on-site rental programs.
The Village at Palisades Tahoe
The Village at Palisades Tahoe is located at the base area of the famous resort with a quaint European style village complete with restaurants, shops, art galleries, and night clubs on the pedestrian level, and 286 condominiums above. The one, two, and three-bedroom condominiums are fully furnished, have decks and full kitchens, and offer a rental program which is handled in house. With Olympic Valley’s popularity The Village offers a unique multi season vacation experience meaning demand is always high for rentals.
Everline Resort & Spa (Formerly Resort at Squaw Creek)
The Everline Resort & Spa, in Olympic Valley, is a Four Diamond Condo/Hotel with a championship golf course located at the base of an internationally known ski area. The 403 hotel rooms were converted into Studio units in 2005 with one, two and three-bedroom luxury resort condominium suites for a total of 238 deeded condominiums. These have been purchased as vacation homes with the potential to participate in the rental program. The rental program is probably the best in the area because the Everline is a major convention facility and destination hotel. The two and three-bedroom condominiums are “Lock Off” units which means they can be used, or rented, as suites or individual rooms. Because it is a Four Diamond Resort with many first-class amenities the Resort has one of the highest annual occupancy rates in the entire North Tahoe/Truckee area.
Tahoe Tavern and Tavern Shores
Tahoe Tavern and Tavern Shores is a lakefront community located just outside Tahoe City available for year-round vacation rentals. Condominium units include two, three, and four-bedroom units situated in Forest view, Lake view, or Lakefront areas. The property has a pool, tennis courts, and a private beach and pier. The property has a rental program on site and with its proximity to Tahoe City and the lake, Tahoe Tavern and Tavern Shores make for a great summer rental property.
Tahoe Marina Lakefront
Tahoe Marina Lakefront is a lakeside resort located in the heart of Tahoe City with one or two-bedroom condos with either garden or lake views or lake front locations. The property has a pool, tennis courts, and a private beach and pier. The rental program is handled onsite and in summer there is high demand for these units because of the location.
Granlibakken Tahoe
Granlibakken Tahoe is a resort and conference center located just outside Tahoe City. There are a wide variety of condo options from studios and suites to townhouses with one to eight-bedrooms. The property has many amenities including a spa, swimming pool and hot tubs, tennis courts, a restaurant, and conference and event facilities. Rentals of the townhouses and the hotel rooms are handled on site. This property has great potential year-round for rentals because of the conference center and the many events held at the facility as well as the family ski hill and proximity to Tahoe City.
Northstar
Northstar has many condominium and town home options for vacation rentals. Northstar Mountainside Properties includes several developments all located mid-mountain surrounded by chair lifts with a mixture of luxury town homes. The Ritz-Carlton, Lake Tahoe, is the first and only 5-star hotel in the Truckee-Tahoe area and in addition to hotel rooms also offers luxury residences known as the Ritz-Carlton Residences; 23 luxury Penthouse condominiums on both the 3rd floor and the 6th floor of the hotel. The Village at Northstar, have one, two, three, and four-bedroom, large, luxurious condominiums. All of these condominium options can be rented through on-site rental programs. Demand is always high for Northstar condos, especially those with ski-in-ski-out capabilities. Because of the Village at Northstar and the year-round recreation that the mountain offers, Northstar is a great summer rental option.
Chambers Landing
The Chambers Landing Condominium Development is an exclusive, gated, lakefront complex. There are 43 townhome-style luxury condominiums situated on 13.5 acres of prime lakeside grounds. The Chambers Landing condominium development has lakefront units, lake view units, and forest/garden units. The units are large and come with a one-car carport. Owners have access to their own private pier and buoy field, along with a sandy beach, four tennis courts, and a seasonally heated pool. The Chamber’s Landing Bar & Restaurant is located adjacent to the pool. The large beach is divided into a private section for Chambers Landing owners and guests and a private section for Chamberland subdivision owners and guests and then a public section. The Chamberland HOA provides a bus that will take property owners and guests to the beach and pool in the summer, and to the slopes of Homewood Ski Resort in the winter. This property does not have an onsite rental office but there are several vacation rental companies that handle Chambers Landing rentals which makes it easy to rent this property while not in use. Chambers Landing is an ideal summer location loved by locals and visitors alike.
Sweetbriar
Sweetbriar is a lakefront, gated property complex with only 10 homes located in Kings Beach, a convenient site for shopping, fine dining and recreation. Sweetbriar is a fractional ownership property with shares in the lakefront, three-bedroom, two and a half bath townhouses including a one car garage and shares in the Garden, two-bedroom, two bath apartments with lake views, that are just steps away from the private beach. Shares are owned as 1/6th fee simple interest, equity ownership with eight weeks of use each year that owners can schedule to meet their needs. This property does not have an onsite rental office but there are several vacation rental companies that handle rentals in the area which makes it easy to rent this property while not in use.
Brockway Springs
Brockway Springs is an exclusive community located on the Lake in Kings Beach. Brockway Springs is a gated neighborhood comprised of 78 privately owned condominiums. The homes range in size from one bedroom, one bath floor plans to spacious lakefront four-bedroom layouts. Townhomes include spacious living areas, lofts and fireplaces in some units, and decks with lake access or lake views. Tower homes feature lake and mountain views. This property does not have an onsite rental office but one local rental office handles all the rentals for owners who whish to participate. This property is highly sought in the summer months because of its close proximity to Kings Beach and Crystal Bay as well as its lake front location.
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