About This Property
Experience the very best of Tahoe Keys waterfront living in this beautifully updated 4-bedroom, 2.5-bath home, complete with a 2-car garage and a private boat dock offering convenient access to the main channel and the open waters of Lake Tahoe. Perfectly positioned on a wide channel, this exceptional property enjoys sweeping 180-degree views of Heavenly Valley and Mt. Tallac, outstanding sun exposure, and a front-row seat to Tahoe's ever-changing natural beauty. Designed for both comfort and entertaining, the home features expansive living spaces, soaring ceilings, dramatic open-beam architecture, and multiple wet bars that capture the timeless charm of a classic Tahoe retreat. Recent updates include a beautifully remodeled kitchen, renovated bathrooms, new flooring, and fresh interior paint throughout, creating a move-in-ready home that seamlessly blends mountain character with modern style. Abundant natural light fills the spacious floor plan, while multiple indoor and outdoor gathering areas provide ideal spaces for entertaining family and friends or simply relaxing beside the water. Enjoy morning coffee on the deck, afternoon boating adventures from your private dock, or spectacular sunset alpenglow illuminating Mt. Tallac. A rare and highly desirable feature, the private boat dock accommodates multiple boats and watercraft, providing effortless access to Lake Tahoe's world-class boating, paddleboarding, kayaking, and waterfront recreation. Located within the highly sought-after Tahoe Keys community, residents enjoy exclusive access to private beaches, indoor and outdoor swimming pools, tennis and pickleball courts, a private marina and pier, parks, and miles of scenic waterways. Just minutes from Heavenly Mountain Resort, championship golf courses, hiking and biking trails, shopping, dining, and all that South Lake Tahoe has to offer, this exceptional waterfront property presents the perfect combination of recreation, luxury, and year-round mountain living.
Listing Details
Property History
Sale History · changed hands 2×
| Sold | Price | Listing agent (sell side) | Buyer agent (buy side) |
|---|---|---|---|
| Jul 1989 · county record | $525,000 | Deed record — brokerage sides not reported | |
| Sep 2026 | $3,100,000 (+490%) | Pamela FrancisCompass | Ivan SherIS Luxury of California |
MLS closed sales, with duplicate ingestions collapsed and lease records excluded, so each row is a distinct transaction. Rows marked county record come from the assessor's deed data, which reaches back further than the MLS feed; rows marked via a listing site fill the years the feed misses using that site's public sale record.
STR Investment Analysis
Permitted ZoneLand 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 ↗Cost Segregation Tax Savings
Estimated first-year bonus depreciation savings
