Sold $2,165,000 $2,250,000 Closed
336 Ala Wai Boulevard #259
South Lake Tahoe, CA 96150

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SOLD 2026-06-25
Sold for $2,165,000 (listed at $2,250,000)
3 Beds
·
3.0 Baths
·
1,694 Sq Ft
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About This Property

Nestled within the prestigious gated enclave of Tahoe Marina Shores in the Tahoe Keys, this fully reimagined waterfront residence delivers elevated alpine luxury with direct marina access, breathtaking panoramic lake & mountain views, and a coveted boat-from-your-backyard lifestyle.Completely renovated down to the studs with impeccable craftsmanship and designer finishes throughout, this 3-bedroom, 3-bath luxury retreat offers the rare combination of sophistication, serenity, and the ultimate tahoe lifestyle.Walls of glass frame sweeping 180-degree views of the surrounding Sierra mountains, creating a seamless indoor-outdoor connection flooded with natural light. The open-concept great room features soaring ceilings, radiant tile floors, custom millwork, and a statement fireplace designed for elevated entertaining after days on the lake or slopes.The chef's kitchen is a showpiece, appointed with premium appliances, stone countertops, custom cabinetry, and an oversized island designed for effortless gatherings overlooking the waterway and mountain skyline.The primary suite is a private retreat with vaulted ceilings, panoramic views, spa-inspired bath amenities, radiant heated floors, and tranquil waterfront vistas. Two additional guest suites offer luxurious accommodations for family and guests, each thoughtfully designed with refined contemporary finishes.Step outside to expansive waterfront decks and landscape, ideal for sunset dining, aprs-ski gatherings, or launching directly from your private boat dock into the crystal-blue waters of Lake Tahoe. Positioned within one of South Lake Tahoe's most exclusive gated communities, the property offers privacy, security, and unrivaled access to boating, skiing, hiking, and year-round recreation.Enjoy full access to Tahoe Keys amenities, including indoor and outdoor pools & spas, two private beaches, pier access, tennis and pickleball courts, parks & scenic walking paths just steps from your door. A rare turnkey offering where every details has been curated for effortless lake living.

Listed by Lorrie Davidson — Re/Max Gold Realty

Listing Details

Status Closed
MLS # 142887
Sold Date 2026-06-25
Sold Price $2,165,000
Price/Sq Ft $1,328

Property History

May 08, 2026
Listed for sale
$2,199,999
Current
Sold
$2,165,000
Property Overview
Beds 3
Baths 3.0
Sq. Ft. 1,694
Stories 2
Year Built 1969
Property Type Townhouse
Style Contemporary
Subdivision Tahoe Marina Shores 1
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 022092018000
Parking
Parking Features 0.00
Exterior & Lot
Exterior Features Storage Shed,Tennis Courts,Boat Slip
Lot Features Lake Front,Water Front
View Mountains,Lagoon,Meadow,Lake,Ski Resort
Construction Wood Frame,Vinyl Siding
Roof Metal
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Forced Air,Natural Gas,Fireplace,Radiant Heat-Floor
Cooling Forced Air,Natural Gas,Fireplace,Radiant Heat-Floor
Financial
HOA Fee $1,866 / Monthly
HOA / Community South Tahoe Association of Realtors
HOA & Community
Community Amenities Pool,Tennis,Spa,Hot Tub,Club House,Additional Parking,Security,Beach,Dock,Pier,Boat Launch,Marina,Park

STR Investment Summary — 336 Ala Wai Boulevard #259, 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: 63 / 100 (Premium) · STR Zone: Red

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
944 sq ft covered of 297 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
1,008 sq ft
Allowed Coverage
297 sq ft · 30%
Existing Coverage
944 sq ft · 94%
Addable Coverage
0 sq ft
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

$2,900 – $3,400/yr
about $262/mo
Est. Rebuild Cost (Coverage A)
$508,200
FAIR Plan (fire)
$2,400/yr
DIC wrap (theft, water, liability)
$500 – $1,000/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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