About This Property
Welcome to 2189 Balboa ----Waterfront Living at Its Finest in the Tahoe Keys ----Set on a sunny lot with just under 80 feet of prime water frontage and quick lake access, this beautifully updated craftsman-style home captures the very best of Sierra waterfront living. From the stacked-stone accents and arched wood garage doors to the mature, professionally landscaped, paver-lined grounds, timeless curb appeal greets you the moment you arrive. ----Inside, a breathtaking great room soars with vaulted open-beam ceilings, distressed white oak floors, and a floor-to-ceiling wall of glass framing the water and mountains beyond. A striking stone fireplace anchors the living, dining, and updated kitchenfeaturing knotty alder cabinetry, granite slab counters, a center island, and newer stainless appliances including a gas rangeall opening to the backyard so you can step off the deck and straight onto your boat or into the hot tub. Three spacious en-suite bedrooms include a stunning upstairs primary retreat with a gas fireplace, a private balcony with mountain views, and a slate-tiled spa bath with a jetted tub. For year-round relaxation, an indoor cedar sauna offers the perfect way to warm up after a day on the lake or the slopes. ----Outside is where this home truly shines. A stacked-boulder retaining wall and full landscaping create a lush, low-maintenance setting, while an expansive newer redwood deck steps down to the water's edge. Gather around the fire-pit lounge, soak in the hot tub as the sun sets over the mountains, and enjoy your private U-shaped dockset in deep water with room for multiple boats and water toys. ----Offered fully furnished and completely turn-key, 2189 Balboa Drive is a rare Tahoe Keys waterfront opportunity that's ready to enjoy from day one. Schedule your private showing todaythis is one you simply have to see!
Listing Details
Property History
Sale History · changed hands 2×
| Sold | Price | Listing agent (sell side) | Buyer agent (buy side) |
|---|---|---|---|
| Mar 2023 · county record | $1,930,000 | Deed record — brokerage sides not reported | |
| Aug 2026 · this listing | $2,395,000 (+24%) | Michael KellerKeller Properties | Thomas CefaluBerkshire Hathaway Home Services Drysdale Properties - South Lake Tahoe |
MLS closed sales, with duplicate ingestions collapsed and lease records excluded, so each row is a distinct transaction. Rows marked county record come from the assessor's deed data, which reaches back further than the MLS feed.
STR Investment Summary — 2189 Balboa Drive, South Lake Tahoe
Based on comparable vacation rental performance data for South Lake Tahoe. Gross of management, cleaning and platform fees. Assumes full-year availability, professional management and dynamic pricing; owner use reduces it. Revenue projections are estimates and may vary.
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 ↗We'll contact you soon.
