About This Property
Open House Saturday August 1st From 11AM-1PM ----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 1×
| Sold | Price | Listing agent (sell side) | Buyer agent (buy side) |
|---|---|---|---|
| Mar 2023 · county record | $1,930,000 | 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
Permitted ZoneSTR Investment Summary — 2189 Balboa Drive, South Lake Tahoe
Based on comparable vacation rental performance data for South Lake Tahoe. 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
