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.
Listing Details
Property History
Sale History · changed hands 1×
| Sold | Price | Listing agent (sell side) | Buyer agent (buy side) |
|---|---|---|---|
| Jul 2022 · county record | $1,280,000 | 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 — 575 Alpine 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
