Welcome to this well-built and thoughtfully designed home, nestled on a quiet street in the highly sought-after Tahoe Keys community. From its energy-efficient features to its private boat dock and stunning views of Mt. Tallac, this residence offers the ultimate Lake Tahoe lifestyle.The exterior boasts a spacious yard with recently completed low-maintenance landscapingperfect for year-round curb appeal without the hassle. Step out to your private dock located on a peaceful lagoon with direct and easy access to the crystal-clear waters of Lake Tahoe.Upstairs, the home features a generous living room with a cozy gas fireplace insert, ideal for winter evenings. Step onto the deck to enjoy breathtaking views of Mt. Tallac and the surrounding waterway. The large primary suite includes an attached bathroom with a sunken tub and a walk-in closet, offering plenty of space to relax and unwind.Downstairs, you'll find a second family room complete with a wet bar and a pellet stove-an excellent space for entertaining guests or enjoying casual evenings at home.Modern conveniences and energy efficiency are at the heart of this property, including a solar water heater and a whole-house battery system for both emergency backup and time-of-use savings. The home is heated by a radiant floor and baseboard system, gently warming from the ground up. The oversized two-car garage comes equipped with electrical for EV charging. Additional amenities include a built-in whole-house vacuum system and a convenient dumbwaiter elevator.Located within the exclusive Tahoe Keys Homeowners Association, you'll enjoy access to top-tier amenities including indoor and outdoor swimming pools, spas, tennis and pickleball courts, basketball courts, parks, and two private Lake Tahoe beaches. With nearby bike paths and hiking trails just minutes away, you can experience all the natural beauty and outdoor adventures Lake Tahoe has to offer.Don't miss this rare opportunity to own a waterfront retreat in one of South Lake Tahoe's premier communities.
Sold for $1,465,000
$1,465,000
1940 Kokanee Way, South Lake Tahoe, CA 96150
3beds
2,354sqft
Single Family Residence
Built in 1994
6,534 Square Feet Lot
$1,459,000 Zestimate®
$622/sqft
$4,476 Estimated rent
Home value
$1,459,000
$1.31M - $1.62M
$4,476/mo
Zestimate® history
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$10,674/mo
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Cozy gas fireplace insertSecond family roomSpacious yardPrivate boat dockSunken tubWalk-in closetLow-maintenance landscaping
Zillow last checked:
Listing updated:
Listed by:
Deborah L Sherry 530-306-0973 DeborahSherry@charter.net,
Chase International - South La
Bought with:
Adele L Lucas, 00838770
Chase International - South La
Source: STAOR,MLS#: 141394
Originating MLS: South Tahoe Association of Realtors
Originating MLS: South Tahoe Association of RealtorsFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Rooms
- Room types: Living Room, Entry/Foyer, Family Room, Upstairs Living
Kitchen
- Features: Pantry
Heating
- Radiant Floor
Appliances
- Included: Disposal, Dishwasher Built-in, Gas Range, Solar Hot Water
- Laundry: Laundry Room, Upper Level
Features
- Flooring: Carpet, Tile, Wood
- Windows: Double Pane Windows
- Number of fireplaces: 2
- Fireplace features: Free Standing, Gas, Insert, Pellet Stove
Interior area
- Total structure area: 2,354
- Total interior livable area: 2,354 sqft
Property
Parking
- Parking features: Attached, Garage Door Opener
- Attached garage spaces: 2
Features
- Patio & porch: Deck
- Exterior features: Dock
- Has view: Yes
- View description: Mountain(s)
Lot
- Size: 6,534 Square Feet
- Features: Backs to Lagoon, Drip - Front, Drip - Back
Details
- Parcel number: 022251017000
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood Frame, Wood Siding
- Roof: Tile
Condition
- Year built: 1994
Utilities & green energy
- Water: Water-Flat Rate
- Utilities for property: Electricity Available, Natural Gas Available, Cable Connected, Phone Connected
Community & HOA
Community
- Subdivision: Makai Isle
HOA
- Amenities included: Pool, Tennis Court(s), Spa/Hot Tub, Security, Beach Access, Pier
- Services included: Water
- HOA fee: $1,510 quarterly
Location
- Region: South Lake Tahoe
Financial & listing details
- Price per square foot: $622/sqft
- Tax assessed value: $408,799
- Date on market: 4/11/2025
- Cumulative days on market: 88 days
- Date available: 01/01/1800
- Listing terms: Cash
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 7/8/2025 | Sold | $1,465,000-8.4%$622/sqft |
Source:  STAOR #141394 Report a problem | ||
| 6/16/2025 | Pending sale | $1,599,000$679/sqft |
Source: STAOR #141394 Report a problem | ||
| 4/11/2025 | Listed for sale | $1,599,000$679/sqft |
Source: STAOR #141394 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $408,799 +2% |
| 2025 | $4,411 +5.4% | $400,784 +2% |
| 2024 | $4,183 +1.8% | $392,927 +2% |
| 2023 | $4,109 +1% | $385,224 +2% |
| 2022 | $4,067 +1.6% | $377,672 +2% |
| 2021 | $4,003 +1.5% | $370,268 +1% |
| 2020 | $3,945 +0.5% | $366,472 +2% |
| 2019 | $3,924 +2.3% | $359,288 +2% |
| 2018 | $3,835 +1.6% | $352,244 +2% |
| 2017 | $3,774 +2.1% | $345,339 +2% |
| 2016 | $3,696 +5.4% | $338,569 +1.5% |
| 2015 | $3,506 | $333,485 +2% |
| 2014 | $3,506 | $326,955 +0.5% |
| 2013 | -- | $325,480 +4% |
| 2012 | -- | $312,843 |
| 2011 | -- | $312,843 +0.8% |
| 2010 | -- | $310,507 -0.2% |
| 2009 | -- | $311,246 +2% |
| 2008 | -- | $305,144 +2% |
| 2007 | -- | $299,162 +2% |
| 2006 | -- | $293,297 +2% |
| 2005 | -- | $287,547 +2% |
| 2004 | -- | $281,910 |
Find assessor info on the county website
Neighborhood: 96150
Nearby homes
- $1,475,0003 bd3 ba1.9k sqft1936 Kokanee Way, South Lake Tahoe, CA 96150Off Market
- $1,317,4004 bd3 ba1.9k sqft1946 Kokanee Way, South Lake Tahoe, CA 96150Off Market
- $2,135,0004 bd4 ba3.6k sqft1932 Kokanee Way, South Lake Tahoe, CA 96150Sold
- $1,541,3003 bd2 ba2.2k sqft1950 Kokanee Way, South Lake Tahoe, CA 96150Off Market
- $1,962,9003 bd3 ba2.7k sqft455 Lido Dr, South Lake Tahoe, CA 96150Off Market
- $1,706,2004 bd3 ba2.7k sqft1928 Kokanee Way, South Lake Tahoe, CA 96150Off Market
- $1,596,3003 bd2 ba2.8k sqft1954 Kokanee Way, South Lake Tahoe, CA 96150Off Market
- $1,420,0003 bd3 ba2.3k sqft457 Lido Dr, South Lake Tahoe, CA 96150Sold
Nearby schools
GreatSchools rating
- 5/10Tahoe Valley Elementary SchoolGrades: K-5Distance: 1.1 mi
- 4/10South Tahoe Middle SchoolGrades: 6-8Distance: 2.4 mi
- 7/10South Tahoe High SchoolGrades: 9-12Distance: 1.5 mi
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Estimated market value
$1,459,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,459,000
- California
- El Dorado County
- South Lake Tahoe
- 96150
- 1940 Kokanee Way
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