About This Property
Enjoy superior waterfront living in this well appointed Tahoe Keys townhome offering serene open water marina views with a peek of Lake Tahoe, all while being just a short distance from the lake itself. A true standout feature is the rare and recently updated deep-water U-shaped boat slip, measuring approximately 27 feet long by 12 feet wide capable of accommodating larger vessels with ease, a highly sought-after asset in the Tahoe Keys. The back patio adjoins a spacious lawn area for outdoor enjoyment in the sun on a long summer's day. The interior showcases updated kitchen and bathroom finishes, creating a fresh, move-in-ready environment. Offering 3 bedrooms and 3 bathrooms, the thoughtfully designed layout features two spacious en-suite bedrooms upstairs, providing privacy and convenience, along with a versatile ground-level bedroom serviced by a full hallway bathroom perfect for guests or multi-generational living. Selling fully furnished, as displayed. Whether you're setting out for a day on the water or unwinding in your mountain retreat, this property captures the essence of Tahoe Keys living.
Listing Details
Property History
Sale History · changed hands 1×
| Sold | Price | Listing agent (sell side) | Buyer agent (buy side) |
|---|---|---|---|
| Sep 2001 · county record | $425,000 | Deed record — brokerage sides not reported | |
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 Analysis
Yellow ZoneSTR Investment Summary — 439 Ala Wai Boulevard #139, 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 ↗Cost Segregation Tax Savings
Estimated first-year bonus depreciation savings
