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It sold for $660,000 on 2026-07-09, and prices have moved since. Three boxes: leave your number and Murat calls you with what it would sell for today, priced from the latest closed sales nearby.
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About This Property
Waterfront Townhouse in the Tahoe Keys. This 3-bedroom, 3-bath townhouse is a rare corner unit offering beautiful water and mountain views along with abundant natural light. The downstairs living area features updated laminate flooring, open beam ceilings, and a cozy wood-burning fireplace. Just off the living room is a private waterfront patio with a storage area, a spacious grassy lawn, and an easy-to-navigate deep-water boat slip that will accommidate up to a 30 foot boat.The main level also includes a bedroom and full bathroom. Upstairs are two bedrooms and two bathrooms including a primary suite with panoramic views and an en-suite bathroom. The suite has a private balcony with southern and western mountain views complete with a hammock to relax in after a day on the lake.Additional features include an oversized dedicated parking space with room for bikes directly out front, a new forced-air heating system, new water heater, and newer double-pane windows.Whether you're looking for a second home, short-term rental opportunity, or full-time residence, this waterfront townhouse offers a great setting in the Tahoe Keys.Tahoe Keys homeowners enjoy access to tennis courts, pickleball and basketball courts, indoor and outdoor pools, private beaches, security, and more.The bulkhead in this cove was recently replaced, and the assessment has already been paid in full!
Listing Details
Property History
STR Investment Summary — 439 Ala Wai Boulevard #117, 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 costs
