I'm not in the habit of recommending specific stables or outfitters for renting horses, as I do not use these facilities myself and have no first-hand knowledge of each stable.
However, I can relate what others have told me:
Tahoe Donner Equestrian Center has great, friendly guides and wonderful views. Offers standard & custom trail rides, Friday night BBQ & Hay Ride, pony rides & lessons. Truckee, CA. 530-587-9470. May - September.
Zephyr Cove Stables has good horses and wonderful views overlooking Lake Tahoe. Offers steak rides, breakfast rides, lunch rides. Zephyr Cove, NV. 775-588-5664.
Camp Richardson's Corral offers some limited views on hourly rides. Offers breakfast rides, steak dinner rides, wagon/sleigh rides and fishing/pack trips into Desolation Wilderness. Emerald Bay Road, Camp Richardson, CA. 530-541-3113.
Alpine Meadows and Kirkwood have horses for rent. Each one has spectular views from the ski runs, however, I have only ridden my horse at Squaw, so can't say if the public riding trails have the same views! Here are the numbers from our local phone book:
Alpine Meadows Stables, Alpine Meadows, CA. Highway 89, between Tahoe City and Truckee. 530-583-3905.
Since I have my own horse, and ride the trails described on my site which are on Forest Service land or in wilderness areas, I do not have occasion to ride at the local stables. I'm sure which ever one you choose, however, you'll have a great time! Enjoy Tahoe and all the beauty it has to offer.
If you do take a ride at any of these stables, please take a few minutes of your time and drop me a line regarding your experiences so others can read about your trail ride!
Try this link for more details of each Stable at Tahoe's Best.com.
Where I am when I'm not riding: http://www.tahoewebhost.com or http://www.tahoedesignconcepts.com