USD $788,000
477 Ala Wai Boulevard 79, South Lake Tahoe, CA, 96150
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Listing Courtesy of  Engel & Volkers Lake Tahoe
3 Bd
2.5 Ba
1,521 sq.ft
AM-5069271
MLS#: 141249
Waterfront Townhome with Two Boat Slips and Two Units in the Tahoe Keys - Experience the best of Lake Tahoe living in this beautiful waterfront townhome. Nestled in the highly sought-after Tahoe Keys, this rare property offers direct water access and two boat slips just steps from your door.This versatile townhome features two distinct living spaces:Lower-Level Studio: Recently remodeled, this cozy retreat includes a fireplace, full kitchen, washer/dryer. It is perfect for a tenant, guest suite, or additional living space. This studio with separate entrance is already rented, providing immediate income.Upper-Level Residence: This spacious two-bedroom, 1.5-bathroom waterfront haven offers the perfect blend of comfort with breathtaking scenery. The open living area features soaring vaulted ceilings and a cozy fireplace, creating a warm and inviting atmosphere. A well-appointed kitchen and in-unit washer/dryer add to the convenience of everyday living. Step outside onto the two-level deck, where panoramic views of the pristine water and majestic mountains provide an ever-changing backdrop for relaxation and entertaining. Whether sipping your morning coffee or unwinding after a day of adventure, you'll
be immersed in the beauty of Lake Tahoe.With two boat slips conveniently located nearby, you'll have easy access to the lake for boating, paddle boarding, or simply enjoying the water. This Tahoe Keys townhouse offers a prime location next to the indoor pool for an unbeatable waterfront lifestyle. Additionally a one-car garage offers space for all your Tahoe toys.Beyond the home itself, Tahoe Keys residents enjoy an exclusive lifestyle with resort-style amenities, including:- Indoor & outdoor swimming pools- Private beach access & hot tubs- Docks, piers, marina & boat launch- Parks, open green spaces & clubhouse- Tennis/pickleball courts, beach volleyball, basketball courtHOA Services include:- Homeowners insurance- Water, refuse, snow removal- Exterior maintenance (includes paint and roof)Whether you're seeking a primary residence, vacation getaway, or investment property, this waterfront retreat offers the perfect blend of income potential and outdoor adventure. Plus, easy access to Heavenly Ski Resort and the casinos.Tahoe Keys is a 740-acre private marina community featuring eleven miles of scenic inland waterways.Don't miss the opportunity to own this exceptional waterfront gem.
be immersed in the beauty of Lake Tahoe.With two boat slips conveniently located nearby, you'll have easy access to the lake for boating, paddle boarding, or simply enjoying the water. This Tahoe Keys townhouse offers a prime location next to the indoor pool for an unbeatable waterfront lifestyle. Additionally a one-car garage offers space for all your Tahoe toys.Beyond the home itself, Tahoe Keys residents enjoy an exclusive lifestyle with resort-style amenities, including:- Indoor & outdoor swimming pools- Private beach access & hot tubs- Docks, piers, marina & boat launch- Parks, open green spaces & clubhouse- Tennis/pickleball courts, beach volleyball, basketball courtHOA Services include:- Homeowners insurance- Water, refuse, snow removal- Exterior maintenance (includes paint and roof)Whether you're seeking a primary residence, vacation getaway, or investment property, this waterfront retreat offers the perfect blend of income potential and outdoor adventure. Plus, easy access to Heavenly Ski Resort and the casinos.Tahoe Keys is a 740-acre private marina community featuring eleven miles of scenic inland waterways.Don't miss the opportunity to own this exceptional waterfront gem.
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Listing Highlights

  • Subtype

    Townhouse
  • Price Per Sq Ft

    $518.08
  • View

    Lake, Mountain(s)
  • Association

    Yes
  • Year Built

    1973
  • Architectural Style

    Contemporary
  • Garage Spaces

    1
  • Attached Garage Y/N

    Yes
  • Living Area (Sq Ft)

    1,521 sq.ft
  • Stories

    3
  • Lot Size Acres

    0.01
  • Lot Size (Sq Ft)

    436 sq.ft
  • Heating

    Fireplace Insert, Forced Air, Natural Gas
  • County

    El Dorado
  • Subdivision

    Cove South Townhouses

Property Details

  • Interior Features

      Bedrooms

    • Bedrooms: 3
    • Bathrooms

    • Full Bathrooms: 2
    • Half Bathrooms: 1
    • Interior Features

    • Vaulted Ceiling(s)
    • Entrance Foyer
    • Flooring: Carpet, Laminate
    • Appliances

    • Dishwasher
    • Electric Range
    • Disposal
    • Heating & Cooling

    • Heating: Fireplace Insert, Forced Air, Natural Gas
  • Utilities
    Utilities
    Cable Available
    Water Source
    Public
    Sewer
    Public Sewer
  • Exterior Features
    Patio And Porch Features
    Covered, Deck, Patio
  • Construction
    Property Type
    Residential
    Flooring
    Carpet, Laminate
    Year Built
    1973
    Property Subtype
    Townhouse
    Architectural Style
    Contemporary
    Roof
    Composition
    Building Area Total
    1521
  • Parking
    Garage
    Yes
    Garage Spaces
    1
    Parking Features
    Garage Door Opener, Attached

Location

  • CA
  • South Lake Tahoe
  • 96150
  • El Dorado
  • 477 Ala Wai Boulevard 79

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$4,598.55

This payment calculator provided by Engel & Völkers and is intended for educational and planning purposes only. * Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.

Updated: April 8, 2025 2:00 PM