Sold $295,000 $310,000 Closed
489 Tahoe Keys Boulevard #68
South Lake Tahoe, CA 96150

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SOLD 2026-02-27
Sold for $295,000 (listed at $310,000)
1.0 Baths
·
977 Sq Ft

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It sold for $295,000 on 2026-02-27, 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

Enjoy hassle-free living with this priced to sell Tahoe Keys studio unit with a large sleeping loft offering beautiful views of the marina and mountains! Boating lovers will enjoy easy docking and quick lake access from the deep water dock located on the end of the pier!The cozy main living area surrounds a built-in entertainment center featuring an updated bathroom and remodeled kitchen with stainless steel appliances. Recent upgrades and highlights include, hardwood floors, custom lighting, newer heating system, newer water heater, washer/dryer closet, expansive grassy areas and recently renovated exteriors combining low maintenance Smart siding and attractive stonework!The new owners of the Tahoe Keys Marina officially announced a full-scale redevelopment of the iconic marina with construction expected to begin in 2027. New buildings with restaurants, shops, vibrant public spaces, improved boating infrastructure and more is set to enhance the Tahoe Keys community.Tahoe Keys affords it's residents and unsurpassed amenity package, including tennis courts, pickleball courts, indoor and outdoor pools, private beaches, playgrounds, security and more.Walk to lake, hike, bike, paddleboard, cross country ski from this low priced town house unit...furnishings included!

Listed by Peter Delilli — Sierra Sotheby's International Realty

Listing Details

Status Closed
MLS # 142386
Sold Date 2026-02-27
Sold Price $295,000
Price/Sq Ft $317

Property History

Dec 15, 2025
Listed for sale
$310,000
Current
Sold
$295,000
Property Overview
Baths 1.0
Sq. Ft. 977
Lot Size 0.01 acres
Year Built 1975
Property Type Townhouse
Style Other/See Remarks
Subdivision Cove South Townhouses
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 022421069000
Exterior & Lot
Exterior Features Boat Slip
Lot Features Water Front
View Mountains, Lagoon
Construction Wood Frame, Masonry Veneer
Roof Composition
Foundation Slab
Utilities & Systems
Heating Forced Air, Natural Gas
Financial
HOA Fee $4,639 / Quarterly
HOA & Community
Community Amenities Tennis, Spa, Beach, Dock, Pier, Boat Launch, Marina, Park

STR Investment Summary — 489 Tahoe Keys Boulevard #68, 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: 46 / 100 (Standard) · STR Zone: Red

Home Insurance Estimate

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

$1,700 – $2,000/yr
about $154/mo
Est. Rebuild Cost (Coverage A)
$293,100
FAIR Plan (fire)
$1,400/yr
DIC wrap (theft, water, liability)
$300 – $600/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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