Sold $675,000 $689,000 Closed
2031 Venice Drive #322
South Lake Tahoe, CA 96150

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SOLD 2026-01-02
Sold for $675,000 (listed at $689,000)
3 Beds
·
2.0 Baths
·
1,390 Sq Ft
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About This Property

Call regarding upcoming vacation rental permit potential!----Welcome to Tahoe Keys #322 a rare waterfront retreat where your private dock is just steps from the back deck. Perfectly positioned on a wide open lagoon, this beautifully furnished and turnkey townhome offers breathtaking mountain views and unforgettable summer sunsets, making it the ideal base for your Lake Tahoe lifestyle.----The downstairs layout includes two spacious bedrooms: one at the front with a comfortable queen bed, and a larger waterside bedroom that boasts floor-to-ceiling windows and sliding glass doors leading directly to the lower deck and your personal dock. A shared Jack-and-Jill bathroom provides convenient access from both rooms.----Upstairs, natural light floods the open living area where soaring open-beam ceilings, a cozy gas fireplace with custom log mantle, and panoramic water views create a warm and inviting space. The 82'' Samsung Smart TV with sound system adds a modern touch for relaxing or entertaining. The kitchen features granite countertops, a peninsula with hand-crafted wooden stools, and brand-new stainless steel appliancesincluding a refrigerator, range, built-in microwave, and dishwasher. Ample cabinetry, a pantry closet, and fully stocked kitchenwares including small appliances make it ready for immediate use. Also on the upper level is a third bedroom with its own private bathroom and walk-in closet, offering a peaceful retreat for guests or family.Step out onto the upper deck to soak in the sunshine, fire up the Weber BBQ, or simply enjoy the view. Modern smart-home features include a Ring doorbell, exterior security cameras, a Nest thermostat, and an upgraded WiFi system. A two-person kayak is also included to help you explore the scenic Keys waterways.----Located in the Islanders III subdivision which has completed many recent major improvements. Roofing was replaced in 2018 and all the exterior siding and masonry was updated in 2024 with low-maintence long lasting materials. Unlike other Keys townhomes facing large assessments, the marina bulkhead is much newer as well. The HOA has recently approved an optional enlarged deck, offering the potential to expand your outdoor living space even further.----As a Tahoe Keys homeowner, you'll also have access to exclusive amenities including two private beaches, a pier, indoor and outdoor swimming pools, tennis and pickleball courts, parks, and more.----This waterfront gem won't last, call today for more information or to schedule a private showing!

Listed by Michael Keller — Keller Properties

Listing Details

Status Closed
MLS # 141996
Sold Date 2026-01-02
Sold Price $675,000
Price/Sq Ft $496

Property History

Jul 23, 2025
Listed for sale
$799,000
Current
Sold
$675,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,390
Lot Size 0.02 acres
Year Built 1970
Property Type Townhouse
Style Cabin
Subdivision St Moritz Townhouses 3
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 022195020000
Exterior & Lot
Exterior Features Storage Shed, Bear-Proof Trash Can, Boat Slip, Boat Dock
Lot Features Water Front
View Canal, Mountains, Lagoon
Construction Wood Frame, Wood Siding
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Financial
HOA Fee $4,376 / Quarterly
HOA & Community
Community Amenities Pool, Tennis, Spa, Hot Tub, Club House, Additional Parking, Security, Beach, Dock, Pier, Boat Launch, Marina, Park

STR Investment Summary — 2031 Venice Drive #322, South Lake Tahoe

No revenue projection. Short-term rental permits are not currently obtainable here — the local jurisdiction has reached its permit cap or is waitlisting all new applications.
Structural Score: 60 / 100 (Premium) · STR Zone: Red

Home Insurance Estimate

California FAIR Plan fire policy + a DIC wrap policy, the usual Tahoe setup

$2,300 – $2,700/yr
about $208/mo
Est. Rebuild Cost (Coverage A)
$417,000
FAIR Plan (fire)
$1,900/yr
DIC wrap (theft, water, liability)
$400 – $800/yr

Estimate from this ZIP's California FAIR Plan rates (Plan data as of 6/30/2026, with the 29.1% increase effective 10/15/2026) on an estimated rebuild cost, plus a DIC policy at 20–40% of the FAIR premium. Not a bindable quote; a local broker quote depends on the home's age, roof, defensible space and claims history.

See it in the monthly payment Tahoe wildfire insurance costs
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