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About This Property
One of a kind and truly rare, this five-bedroom Tahoe Keys townhome occupies a coveted corner with exceptional water and mountain views a size and configuration that has never come to market here. With 2,136 square feet of living space set above the lagoon and a private boat dock just steps from the back door, it offers the sought-after upstairs living plan that makes everyday Tahoe life feel effortless: mornings on the water, afternoons departing from your own slip, evenings watching boats drift through the Keys as the mountains catch the last light. A wraparound deck gathers those panoramic views into one continuous outdoor room water, lagoon, and Sierra peaks all around made for coffee at sunrise, long dinners at dusk, and the quiet luxury of simply being on the water. Inside, the upper level lives as the heart of the home, with a primary suite and ensuite bath plus an additional bedroom and full bath tucked just beyond. Below, another generous primary suite opens through a slider to the water, complete with its own ensuite bath, while two more bedrooms, a full bath, and a full laundry with washer and dryer create a private retreat of its own ideal for owners, guests, or multi-generational living without ever feeling crowded. From here, Tahoe Keys unfolds at your doorstep: private beach and pier, indoor and outdoor pools, tennis and pickleball, basketball courts, and community parks. The open lake is only a short boat ride away, and world-class skiing, shopping, dining, and nightlife are just minutes from home. Rare, waterfront, and unmistakably Tahoe this is the Keys townhome buyers wait years to find.
Listing Details
Property History
STR Investment Analysis
Red ZoneSTR Investment Summary — 2031 Venice Drive #323, South Lake Tahoe
Land Coverage (TRPA)
Tahoe Regional Planning Agency impervious-coverage budget for this parcel
TRPA caps how much of each Tahoe Basin parcel can be covered by impervious surfaces — buildings, driveways, decks. Estimated coverage — data: TRPA GIS / Tahoe Open Data. The only authoritative determination of coverage and land capability is a Land Capability Verification through TRPA; actual allowable coverage can differ due to verifications, transfers, banked coverage, or deed restrictions.
TRPA parcel fact sheet ↗ How the Basin comparesHome Insurance Estimate
California FAIR Plan fire policy + a DIC wrap policy, the usual Tahoe setup
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 costsCost Segregation Tax Savings
Estimated first-year bonus depreciation savings
