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Sold for $5,500,000
  • $5,500,000

    2157 Balboa Dr, South Lake Tahoe, CA 96150

    5beds
    4,900sqft
    Single Family Residence
    Built in 1961
    0.29 Acres Lot
    $5,218,400 Zestimate®
    $1,122/sqft
    $7,338 Estimated rent

    Home value

    $5,218,400

    $4.70M - $5.79M

    $7,338/mo

    Zestimate® history
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    What's special

    Waterfront homeCozy fireplacePrivate balconyGourmet kitchenSpa-like bathDirect lake accessOversized windows
    This exquisite waterfront home epitomizes luxury living with its unrivaled combination of breathtaking views, convenient lake access, and meticulous craftsmanship. Situated against the backdrop of the majestic Mt.Tallac and Maggies Peaks, every corner of this recently and extensively remodeled retreat exudes elegance and sophistication.Stepping inside, the expansive great room immediately captivates with its soaring ceilings, oversized windows, radiant heat and cool floors, and panoramic vistas offering the perfect setting for both intimate gatherings and grand celebrations alike.The heart of the home is undoubtedly the gourmet kitchen, a chef's dream, featuring top-of-the-line appliances, sleek quartzite counters and a spacious heated island perfect for culinary creations. Adjacent to the main kitchen lies a discreet butler's kitchen, equipped with additional appliances and and ample storage space.With five spacious bedrooms and five and a half baths, this residence accommodates family and guests. Each ensuite bedroom is a sanctuary unto itself, offering privacy, comfort and breathtaking views of the surrounding landscape. The primary suite is a true oasis, complete with a spa-like bath, a cozy fireplace and a private balcony overlooking the shimmering waters.Outside, the large deck beckons for al fresco dining and relaxation. With direct lake access, adventure awaits just beyond your doorstep. Spend your days boating, paddle boarding or kayaking on the pristine waters of Lake Tahoe or simply relax on your expansive boat dock and watch the world go by.With its prime location in the prestigious Tahoe Keys community, residents can enjoy exclusive access to a host of amenities including private beaches, marina, swimming pools, parks, and tennis/pickleball courts. Truly, you'll find the perfect blend of luxury and leisure here.

    Zillow last checked:

    Listing updated:

    Listed by:

    Adele L Lucas 530-544-2121 alucas@chaseinternational.com,

    Chase International - South La

    Bought with:

    Adele L Lucas, 00838770

    Chase International - South La

    Source: STAOR,MLS#: 140004MLS LogoOriginating MLS: South Tahoe Association of Realtors

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 6
    • Full bathrooms: 5
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Office/Den, Living Room, Living/Dining Combo, Game Room, Entry/Foyer, Family Room, Great Room
    Primary bedroom
    • Features: Double Sinks, Slab Counters, Steam Shower, Walk-In Closet(s)
    Kitchen
    • Features: Veggie Sink
    Heating
    • Natural Gas, Radiant Floor, Other/See Remarks, Radiant
    Cooling
    • Evaporative Cooling
    Appliances
    • Included: Disposal, Built-In Refrigerator, Microwave Built-in, Dishwasher Built-in, Gas Range, Double Oven, Gas Water Heater, Instant Hot Water
    • Laundry: Laundry Room
    Features
    • Granite Counters
    • Flooring: Tile, Wood, Stone
    • Windows: Double Pane Windows
    • Basement: Concrete/Crawl Space
    • Number of fireplaces: 2
    • Fireplace features: Gas, Insert
    Interior area
    • Total structure area: 4,900
    • Total interior livable area: 4,900 sqft

    Property

    Parking
    • Parking features: Attached, Garage Door Opener
    • Attached garage spaces: 2
    Features
    • Patio & porch: Patio, Deck, Front Porch
    • Exterior features: Dock
    • Has spa: Yes
    • Spa features: Bath
    • Has view: Yes
    • View description: Mountain(s), Ski Resort, Other/See Remarks
    • Waterfront features: Waterfront
    Lot
    • Size: 0.29 Acres
    • Features: Cul-De-Sac, Backs to Lagoon, Landscaped, Full Sprinklers
    Details
    • Parcel number: 022061057000

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Wood Frame, Wood Siding, Metal Siding
    • Roof: Pitched,Flat,Composition,Other
    Condition
    • Year built: 1961

    Utilities & green energy

    • Water: Water-Flat Rate
    • Utilities for property: Electricity Available, Natural Gas Available, Cable Connected, Phone Connected, Underground Utilities

    Community & HOA

    Community
    • Subdivision: Tahoe Keys 01
    HOA
    • Amenities included: Pool, Tennis Court(s), Spa/Hot Tub, Security, Beach Access, Pier, Boat Launch, Marina, Park
    • Services included: Water
    • HOA fee: $1,261 quarterly
    Location
    • Region: South Lake Tahoe

    Financial & listing details

    • Price per square foot: $1,122/sqft
    • Tax assessed value: $2,834,803
    • Date on market: 4/25/2024
    • Cumulative days on market: 246 days
    • Date available: 01/01/1800
    • Listing terms: Seller Financed
    • Ownership: Fee Simple
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    12/27/2024Sold$5,500,000-8.3%$1,122/sqft
    Source: STAOR #140004 Report a problem
    11/25/2024Pending sale$5,995,000$1,223/sqft
    Source: STAOR #140004 Report a problem
    11/1/2024Price change$5,995,000-7.5%$1,223/sqft
    Source: STAOR #140004 Report a problem
    6/13/2024Price change$6,480,000-7.4%$1,322/sqft
    Source: STAOR #140004 Report a problem
    4/25/2024Listed for sale$6,998,000+218.1%$1,428/sqft
    Source: STAOR #140004 Report a problem
    10/12/2017Sold$2,200,000$449/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $2,834,803 +2%
    2025$30,522 +17.1%$2,779,220 +13.2%
    2024$26,063 +1.8%$2,454,139 +2%
    2023$25,606 +1%$2,406,019 +2%
    2022$25,353 +1.6%$2,358,843 +2%
    2021$24,958 +1.5%$2,312,592 +1%
    2020$24,594 +0.5%$2,288,880 +2%
    2019$24,474 +2.3%$2,244,000 +2%
    2018$23,923 +237.1%$2,200,000 +241.6%
    2017$7,097 +2.1%$644,021 +2%
    2016$6,952 +5.4%$631,394 +1.5%
    2015$6,597 $621,913 +2%
    2014$6,597 $609,733 +0.5%
    2013-- $606,980 +4%
    2012-- $583,412
    2011-- $583,412 +0.8%
    2010-- $579,054 -0.2%
    2009-- $580,432 +2%
    2008-- $569,052 +2%
    2007-- $557,895 +2%
    2006-- $546,957 +2%
    2005-- $536,233 +2%
    2004-- $525,720
    Find assessor info on the county website

    Neighborhood: 96150

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $5,218,400
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    Estimated market value
    $5,218,400