$1,598,000 Closed
575 Alpine Drive
South Lake Tahoe, CA 96150
SOLD 2026-09-04
Sold for $1,598,000
3 Beds
·
2.0 Baths
·
1,927 Sq Ft
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About This Property

Located in the highly sought-after Tahoe Keys, this well maintained 3-bedroom, 2-bath waterfront home offers 1,927 square feet of living with panoramic mountain views overlooking a wide, scenic three-way waterway. The desirable upstairs living floor plan is designed to maximize the spectacular setting, featuring wall-to-wall windows that fill the home with natural light and frame breathtaking views of Heavenly, the water, and the surrounding mountains.The spacious great room showcases soaring open beam ceilings, warm pine tongue-and-groove paneling, and a stunning custom river rock fireplace, creating the perfect Tahoe gathering space. Just outside, the expansive rear deck provides an ideal setting for entertaining, relaxing, or simply enjoying the peaceful waterfront scenery, with convenient stairs leading to the large fenced backyard.Two guest bedrooms are located on the upper level and feature charming open beam ceilings, pine wainscoting, and bay windows with beautiful mountain views. Downstairs, the spacious primary suite offers a private waterfront retreat with an 8-foot sliding glass door opening to the backyard, tranquil water views, four closetsincluding an oversized walk-in closetand plenty of storage.Boating enthusiasts will appreciate the deep-water dock with space for a boat and jet skies, offering easy access thanks to the wide, easily navigable channel. Additional upgrades include central air conditioning, a beautiful paving stone driveway, and a generously sized fenced backyard perfect for outdoor enjoyment.As a homeowner in the Tahoe Keys, you'll enjoy exclusive access to outstanding community amenities, including private beaches, indoor and outdoor swimming pools, tennis and pickleball courts, a marina, parks, 24-hour security, and some of the best boating access on Lake Tahoe. Whether you're searching for a full-time residence, a second home, or a waterfront retreat in South Lake Tahoe, this exceptional property offers the ideal blend of comfort, recreation, and the coveted Tahoe lifestyle.

Listed by Brent Johnson — Chase International - South Lake Tahoe

Listing Details

Status Closed
MLS # 143307
Sold Date 2026-09-04
Sold Price $1,598,000
Price/Sq Ft $829

Property History

Aug 03, 2026
Listed for sale
$1,598,000
Aug 07, 2026
Pending
$1,598,000
Sep 08, 2026
Sold
$1,598,000

Sale History · changed hands 2×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Jul 2022 · county record $1,280,000 Deed record — brokerage sides not reported
Sep 2026 · this listing $1,598,000 (+25%) Brent JohnsonChase International - South Lake Tahoe Brent JohnsonChase International - 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; rows marked via a listing site fill the years the feed misses using that site's public sale record.

Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,927
Lot Size 0.17 acres
Year Built 1972
Property Type Single Family Residence
Style Gambrel
Subdivision Tahoe Keys Units 5
County El Dorado
STR Jurisdiction South Lake Tahoe
APN 022331023000
Parking
Garage Spaces 2
Parking Features Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Boat Dock
Lot Features Water Front
View Mountains, Lagoon
Construction Wood Frame, Wood Siding
Roof Pitched, Composition
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Refrig. A/C
Financial
HOA Fee $1,800 / Quarterly
HOA & Community
Community Amenities Pool, Tennis, Spa, Hot Tub, Additional Parking, Security, Beach, Pier, Boat Launch, Park, Other/See Remarks

STR Investment Summary — 575 Alpine Drive, South Lake Tahoe

No revenue projection. Short-term rental permits are not currently obtainable here — the local jurisdiction has reached its permit cap or is waitlisting all new applications.
Est. Gross Annual Revenue
$30K – $75K
typically ~$45,000
Avg Nightly Rate
$245
Projected Occupancy
50.4%
Cap Rate
1.1%
Structural Score: 58 / 100 (Premium) · STR Zone: Red

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
1,886 sq ft covered of 1,193 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
7,390 sq ft
Allowed Coverage
1,193 sq ft · 16%
Existing Coverage
1,886 sq ft · 26%
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 ↗
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