Sold $625,000 $638,000 Closed
489 Tahoe Keys Boulevard #56
South Lake Tahoe, CA 96150

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SOLD 2026-04-23
Sold for $625,000 (listed at $638,000)
3 Beds
·
2.5 Baths
·
1,522 Sq Ft
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About This Property

Location, Location, Location! This fabulous point unit townhouse offers breathtaking panoramic views of Heavenly Ski Resort, the beautiful Keys channel, and the surrounding Sierra Nevada mountains.The living area features an updated gas fireplace, laminate flooring throughout, and French sliding glass doors that lead to the upper level deck to enjoy the views. The kitchen comes equipped with stainless steel appliances including a range, dishwasher, and microwave.The primary bedroom, located on the first floor, features an en-suite bathroom and a private balcony overlooking the tranquil channel waters. Upstairs, you'll find two additional guest rooms showcasing beautiful vaulted wood ceilings and equally impressive views, complemented by a full bathroom.This 1,522 square foot townhouse has dual rear decks that provide the perfect setting for outdoor entertainment while overlooking your easy to access boat slip just steps away from your door. The convenience of a single car garage adds to the many amenities this property offers.Residents of this vibrant community enjoy exclusive access to private beaches, tennis courts, pickleball, volleyball, both indoor and outdoor swimming pools, and security. In the Tahoe Keys, you'll find yourself perfectly positioned to enjoy all the recreational activities and natural beauty this region has to offer year-round.This well maintained townhouse is sold furnished per inventory list and is just in time to enjoy the amazing Tahoe summer weather!

Listed by Brent Johnson — Chase International - South Lake Tahoe

Listing Details

Status Closed
MLS # 141413
Sold Date 2026-04-23
Sold Price $625,000
Price/Sq Ft $419

Property History

Apr 21, 2025
Listed for sale
$775,000
Current
Sold
$625,000
Property Overview
Beds 3
Baths 2.5
Sq. Ft. 1,522
Lot Size 0.01 acres
Year Built 1975
Property Type Townhouse
Subdivision Cove South Townhouses
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 022421057000
Parking
Garage Spaces 1
Attached Garage Yes
Exterior & Lot
Exterior Features Boat Slip
Lot Features River Front
View Mountains
Construction Wood Frame
Roof Pitched, Composition
Foundation Slab
Utilities & Systems
Heating Forced Air, Natural Gas
Financial
HOA Fee $4,037 / Quarterly
HOA & Community
Community Amenities Pool, Tennis, Spa, Club House, Additional Parking, Security, Beach, Pier, Boat Launch, Other/See Remarks

STR Investment Summary — 489 Tahoe Keys Boulevard #56, 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: 70 / 100 (Premium) · STR Zone: Red

Home Insurance Estimate

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

$2,500 – $2,900/yr
about $225/mo
Est. Rebuild Cost (Coverage A)
$456,600
FAIR Plan (fire)
$2,100/yr
DIC wrap (theft, water, liability)
$400 – $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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