Sold $515,000 $529,000 Closed
497 Tahoe Keys Boulevard #20
South Lake Tahoe, CA 96150

Get townhomes like this by email

When a townhome like this lists in South Lake Tahoe at a similar price and size, we email you the same day. No account needed.

SOLD 2025-11-20
Sold for $515,000 (listed at $529,000)
2 Beds
·
1.5 Baths
·
1,099 Sq Ft
Virtual Tour

Own this home or one nearby?

What's this home worth today?

It sold for $515,000 on 2025-11-20, 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.

Priced by a local broker from real closed MLS sales near you. Free, no obligation.

Looking to buy instead? See similar homes for sale nearby ↓

Our data on this home

About This Property

Beautifully updated two-bedroom townhouse in the Tahoe Keys. This fully furnished 1,099 square foot retreat offers the perfect blend of comfort and style for your waterfront getaway.Step inside to find a thoughtfully renovated interior featuring rich laminate flooring throughout the main living areas. The inviting living room centers around a gas fireplace with custom ledge stone detailing, creating a cozy atmosphere for relaxing after a day on the water. French sliding glass doors open to a private balcony, perfect for enjoying your morning coffee.The kitchen features solid oak cabinets, quartz countertops, and stainless steel appliances. Both bathrooms have been refreshed with contemporary vanities, custom tile work, and updated fixtures.This townhouse includes boat slip, allowing you direct access to Lake Tahoe's crystal-clear waters. Tahoe Keys residents also enjoy exceptional community features including tennis and pickleball courts, indoor and outdoor swimming pools, private beaches, security and more.With proximity to Heavenly Mountain Resort and Pope Beach, this townhouse offers the ultimate Lake Tahoe lifestyle with recreation opportunities in every direction.

Listed by Brent Johnson — Chase International - South Lake Tahoe

Listing Details

Status Closed
MLS # 141381
Sold Date 2025-11-20
Sold Price $515,000
Price/Sq Ft $481

Property History

Apr 04, 2025
Listed for sale
$625,000
Current
Sold
$515,000
Property Overview
Beds 2
Baths 1.5
Sq. Ft. 1,099
Lot Size 0.01 acres
Year Built 1975
Property Type Townhouse
Subdivision Cove South Townhouses
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 022421021000
Parking
Garage Spaces 1
Parking Features Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Boat Slip
Lot Features Water Front, Backs to Lagoon
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, Security, Beach, Pier, Boat Launch, Marina, Park, Other/See Remarks

STR Investment Summary — 497 Tahoe Keys Boulevard #20, 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: 61 / 100 (Premium) · STR Zone: Red

Home Insurance Estimate

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

$1,800 – $2,100/yr
about $162/mo
Est. Rebuild Cost (Coverage A)
$329,700
FAIR Plan (fire)
$1,500/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
Request a Tour

We'll contact you soon.

R
Real Estate Tahoe
Real Estate Agent

Send a Message