$775,000 Active
555 Tahoe Keys Boulevard #13
South Lake Tahoe, CA 96150
✓ STR Allowed — Permit Required
City of South Lake Tahoe requires a Vacation Home Rental (VHR) permit — capped at roughly 900 permits citywide (residential zones), so availability varies. Verify current permit availability before counting on rental income.
3 Beds
·
2.5 Baths
·
1,522 Sq Ft
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About This Property

Experience the pinnacle of lakeside living in this exclusive 3-bedroom, 2.5 bathroom townhouse located in the sought after Tahoe Keys community. This point unit, set uniquely with unobstructed, wide water views, offers an unparalleled connection to the pristine waters of Lake Tahoe.Step inside to discover a beautifully updated interior featuring new wood laminate flooring that blends warmth with durability. Each detail is meticulously chosen, from the new oil-rubbed hardware and pine-framed sliding glass doors to the stylish new windows that frame breathtaking views.The modernized kitchen is equipped with new faucets and the convenience of a new washer and dryer enhances the comfortable living space. The primary suite and additional bedrooms are bathed in natural light boasting generous space and inspiring vistas.Outdoors, the private boat slip is just steps from your door, promising endless waterborne adventures.Extra features include a garage with ample shelving perfect for storage and outdoor gear, This townhome's prime location is moments from community pools, parks and tennis courts. Recreational opportunities are plentiful! Whether you are seeking a tranquil retreat or entertainer's dream, this townhouse captures the essence of Tahoe Keys living at its finest.

Listed by Adele Lucas — Chase International - South Lake Tahoe

Listing Details

Status Active
MLS # 142839
Days on Market 114
Sold Date 1800-01-01
Price/Sq Ft $509

Property History

May 01, 2026
Listed for sale
$775,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Jul 2020 · county record $540,000 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.

Property Overview
Beds 3
Baths 2.5
Sq. Ft. 1,522
Lot Size 0.01 acres
Year Built 1975
Property Type Townhouse
Style Contemporary
Subdivision Cove South Townhouses
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 022421014000
Parking
Garage Spaces 1
Parking Features Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Boat Slip
Lot Features Backs to Lagoon
View Mountains, Lagoon, Forest, Ski Resort
Construction Wood Frame, Masonry Veneer, Wood Siding
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, Club House, Security, Beach, Boat Launch, Marina, Park
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STR Investment Analysis

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

STR Investment Analysis

Yellow Zone
STRUCTURAL SCORE Premium
63
PROJECTED GROSS ANNUAL REVENUE
$32K – $53K typically ~$38,837
~$3,236 per month
Avg Nightly
$210
Occupancy
51%
Cap Rate
2.0%

STR Investment Summary — 555 Tahoe Keys Boulevard #13, South Lake Tahoe

Est. Gross Annual Revenue
$32K – $53K
typically ~$38,837
Avg Nightly Rate
$210
Projected Occupancy
50.6%
Cap Rate
2.0%
Structural Score: 63 / 100 (Premium) · STR Zone: Yellow

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

Over coverage limit
406 sq ft covered of 171 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
569 sq ft
Allowed Coverage
171 sq ft · 30%
Existing Coverage
406 sq ft · 71%
Addable Coverage
0 sq ft
Existing Units
1

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

Estimated First-Year Tax Savings
$0
via bonus depreciation
Land Value
$0
Improvement Basis
$0
5-Year Property (18%)
$0
15-Year Property (10%)
$0
Estimates are for informational purposes only and do not constitute tax advice. Consult a qualified CPA or tax professional for your specific situation. Actual savings depend on individual tax circumstances.

Payment calculator

$0 per month
Principal & interest
$0
Property taxes
$0
HOA dues
$0
From MLS listing data.
Home insurance
$0
Insurance estimate only — Tahoe wildfire-zone rates vary; get a local broker quote for accuracy.
Down payment
20% ($155,000)
Home price
$775,000
Loan details
30-yr fixed, 6.5%
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