$375,000
439 Ala Wai Boulevard #109
South Lake Tahoe, CA 96150
✓ STR Allowed — Permit Required
City of South Lake Tahoe requires a Vacation Home Rental (VHR) permit. Permits are available citywide.
1 Beds
·
1.0 Baths
·
702 Sq Ft
·
871 Lot
Virtual Tour

About This Property

Welcome to easy Tahoe living in this well-located 1-bedroom condo in the Tahoe Keys. Designed for simplicity and comfort, this single-level residence offers a functional open layout with great natural light and effortless flow to a private outdoor patio. From here, enjoy mountain surroundings and quick access to the water. Your assigned boat dock (#109) is just a short walk away, making spontaneous lake days a reality. As a Tahoe Keys owner, you'll have access to an unmatched amenity package including indoor and outdoor pools, tennis courts, a private beach, marina, clubhouse, and park. Whether you're looking for a low-maintenance retreat, a lock-and-leave second home, or a foothold in one of South Lake Tahoe's most desirable neighborhoods, this condo delivers.

Listed by William Wilkes — Redfin Corporation

Listing Details

Status Active
MLS # 142495
Days on Market 38
Price/Sq Ft $534

Property History

Feb 06, 2026
Listed for sale
$375,000
Property Overview
Beds 1
Baths 1.0
Sq. Ft. 702
Lot Size 0.02 acres
Year Built 1969
Property Type Condominium
Subdivision Cove South B
APN 022281003000
Exterior & Lot
Exterior Features Boat Slip, Boat Dock
Lot Features Lake Front
View Mountains
Construction Wood Frame, Masonry, Wood Siding, Rock
Roof Flat
Foundation Slab, Concrete/Masonry
Pool & Spa
Pool In Ground Pool, Indoor Pool
Utilities & Systems
Heating Natural Gas, Wall or Space Heater, Fireplace
Financial
HOA Fee $5,826 / Quarterly
HOA & Community
Community Amenities Pool, Tennis, Spa, Hot Tub, Club House, Additional Parking, Beach, Dock, Marina, Park, Other/See Remarks
📊

STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Excellent
87
PROJECTED ANNUAL REVENUE
$142,500 ($118K – $167K range)
~$11,875 per month
Avg Nightly
$485
Occupancy
68%
Cap Rate
5.2%

Payment calculator

$0 per month
Principal & interest
$0
Property taxes
$0
HOA dues
$0
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($75,000)
Home price
$375,000
Loan details
30-yr fixed, 6.5%
Request a Tour
Murat Gocmen
Murat Gocmen
Real Estate Agent
License #CA 02235314

Send a Message

Or call directly: 9166671444