Sold $3,970,000 $3,995,000 Closed
2183 Monterey Drive
South Lake Tahoe, CA 96150

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SOLD 2026-03-31
Sold for $3,970,000 (listed at $3,995,000)
5 Beds
·
5.5 Baths
·
3,707 Sq Ft
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About This Property

Rare Tahoe Keys New Construction! --2183 Monterey offers a rare chance to own a brand-new, ground-up build in one of the most desirable locations in the Tahoe Keys. With 60 feet of waterfront and fast lake access, this modern home combines luxury craftsmanship, clean design, and seamless indoor-outdoor living. The dramatic entry opens to a stunning great room with 20-foot ceilings, a wall of glass framing panoramic water views, and a 60-inch linear fireplace surrounded by custom wood accents and art lighting. The designer kitchen features rift-sawn white oak cabinetry, quartzite counters, a hidden pantry, and premium Viking Professional appliances including a 48'' range, dual dishwashers, dual wine/beverage fridges, and built-in refrigerator. Large sliding glass doors open to a spacious patio and landscaped yard, ideal for lakeside entertaining. The first-floor suite provides convenient single-level living, while a custom mudroom off the garage includes built-in storage and wiring for boot and glove dryersperfect for Tahoe winters. --Upstairs, four bedroom suites offer comfort and privacy for family and guests. The primary suite is a true retreat with a large walk-in closet and spa-like bath featuring a wet room with soaking tub, oversized shower, and floating double vanity. A larger secondary suite doubles as a game or media room, while two matching suites include stylish baths finished in large-format tile with floating benches and custom fixtures. --A full-size metal staircase leads to the expansive 700+ sq. ft. rooftop deck, prewired for a hot tub and surrounded by custom metal railings. Enjoy spectacular 360 views of Mt. Tallac, Monument Peak, Freel Peak, and the surrounding mountainsperfect for sunset gatherings or stargazing.The property will be fully landscaped with a pervious paver patio, lawn, and native plantings. A private 30-foot boat dock accommodates multiple large vessels, with quick access to the open lake. The exterior blends clear and knotty cedar siding, El Dorado stone, and standing seam metal for a timeless Tahoe look. Anderson windows and custom solid wood doors with horizontal glass complete the striking faade. --Inside, materials include white oak flooring, solid wood shaker doors, smooth Level 5 walls, and trimless drywall returns for a clean, modern aesthetic. Advanced mechanicals provide year-round comfort with in-floor hydronic heat, dual tankless water heaters, and a redundant heat pump system with multi-zone A/C. All finishes and fixtures have been carefully curated by a top Sonoma County design firm. --Completion is scheduled for early 2026. Contact us today for the full design binder or to schedule a private tour of this exceptional Tahoe Keys home.

Listed by Michael Keller — Keller Properties

Listing Details

Status Closed
MLS # 142314
Sold Date 2026-03-31
Sold Price $3,970,000
Price/Sq Ft $1,078

Property History

Nov 07, 2025
Listed for sale
$3,995,000
Current
Sold
$3,970,000
Property Overview
Beds 5
Baths 5.5
Sq. Ft. 3,707
Lot Size 0.17 acres
Year Built 2026
Property Type Single Family Residence
Style Contemporary
Subdivision Tahoe Keys 01
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 022051030000
Parking
Garage Spaces 2
Parking Features Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Boat Slip, Boat Dock
Lot Features Cul-De-Sac, Lake Front, Water Front, Backs to Lagoon
View Canal, Mountains, Lagoon, Forest, Ski Resort
Construction Wood Frame, Masonry, Wood Siding
Roof Metal
Foundation Slab
Utilities & Systems
Heating Natural Gas, Hot Water System, Fireplace, Heat Pump, Radiant Heat-Floor
Cooling Other/See Remarks
Financial
HOA Fee $1,510 / Monthly
HOA & Community
Community Amenities Pool, Tennis, Spa, Hot Tub, Club House, Additional Parking, Security, Beach, Dock, Pier, Boat Launch, Marina, Park

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
3,296 sq ft covered of 2,177 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
7,555 sq ft
Allowed Coverage
2,177 sq ft · 29%
Existing Coverage
3,296 sq ft · 44%
Addable Coverage
0 sq ft
Land Capability · TRPA-verified
6
Existing Units
1

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 compares

Home Insurance Estimate

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

$11,400 – $13,300/yr
about $1,029/mo
Est. Rebuild Cost (Coverage A)
$2,038,850
FAIR Plan (fire)
$9,500/yr
DIC wrap (theft, water, liability)
$1,900 – $3,800/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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