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Sold for $2,495,000
  • $2,495,000

    2202 Balboa Dr, South Lake Tahoe, CA 96150

    4beds
    3,285sqft
    Single Family Residence
    Built in 2015
    10,454 Square Feet Lot
    $2,492,500 Zestimate®
    $760/sqft
    $7,728 Estimated rent

    Home value

    $2,492,500

    $2.27M - $2.74M

    $7,728/mo

    Zestimate® history
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    What's special

    Sandy beachWater frontagePrivate dockU-shaped dockXtrordinair gas fireplaceDouble-deep four-car garageBalcony access
    Priced below market value for an immediate sale!!!Luxurious Tahoe Keys Waterfront Retreat - 2202 Balboa Drive ---Nestled on one of the most desirable streets in the prestigious Tahoe Keys, 2202 Balboa Drive offers an exceptional combination of luxury, craftsmanship, and lakeside living. With 85 feet of water frontage, a private dock, an overwater deck, and a spacious yard, this property provides effortless lake access and rare privacy -an ideal South Lake Tahoe retreat. --Extensively renovated and expanded in 2015 by a respected local builder, the home showcases meticulous attention to design and detail throughout. The open-concept main level is designed for entertaining, with seamless flow between indoor and outdoor spaces. The chef's kitchen features professional-grade Viking appliances, including a 48-inch, 8-burner range, a built-in refrigerator, hammered copper sink, and extensive knotty alder cabinetry. A large island bar provides casual seating and connects to the inviting living area, while a semi-formal dining space is perfect for family gatherings and holiday dinners. Also on the main level are a convenient office nook, pantry closet, full bathroom, laundry room, and guest bedroom for comfortable, flexible living. --Upstairs, a spacious family room overlooks the lagoon through a dramatic wall of windows and opens to a private balcony. Vaulted tongue-and-groove cedar ceilings, an Xtrordinair gas fireplace with a custom log mantle and solid stone surround, and built-in surround sound create a warm and inviting atmosphere. The adjacent wet bar features leathered granite counters, a beverage fridge, custom cork backsplash, and generous cabinetry ideal for entertaining. --The primary suite offers vaulted cedar ceilings, dual walk-in closets, and a luxurious ensuite bath with a freestanding soaking tub, double vanity, walk-in shower, and heated tile floors. A secondary bedroom suite includes an updated bathroom and balcony access, while a third bedroom and shared full bath complete the upper level. --Exterior upgrades include a lifetime composition roof, Milgard windows and sliding doors, and durable LP Smart Siding. The rare double-deep four-car garage features an 8-by-18-foot solid wood door and rear access to the backyard for easy launching and storage of kayaks and paddleboards. Interior finishes include solid knotty alder doors and millwork, hickory hardwood and travertine tile flooring, custom wainscoting, and numerous built-ins that highlight the home's exceptional craftsmanship. --The backyard is a true outdoor oasis, with mature trees, a paver patio, a built-in BBQ and grilling station, and a relaxing hot tub. Enjoy stunning views of Mount Tallac, a sandy beach, and a U-shaped dock with space for multiple boats. This beautifully updated waterfront home combines comfort, quality, and location in one of L

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael A Keller 530-307-0027 Michael@MKeller.com,

    Keller Properties

    Bought with:

    Gregory S Ochoa, 01725318

    Mountain Luxury Properties

    Source: STAOR,MLS#: 142306MLS LogoOriginating MLS: South Tahoe Association of Realtors

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 4
    Rooms
    • Room types: Living Room, Entry/Foyer, Family Room, Great Room, Formal Dining
    Primary bedroom
    • Features: Double Sinks, Stall Shower, Nat Stone Counter, Slab Counters, Walk-In Closet(s)
    Kitchen
    • Features: Pantry
    Heating
    • Electric, Baseboard, Fireplace(s), Radiant Floor
    Appliances
    • Included: Disposal, Trash Compactor, Built-In Refrigerator, Dishwasher Built-in, Gas Range, Double Oven, Electric Water Heater, Instant Hot Water
    • Laundry: Laundry Room
    Features
    • Built In Bookcase, Granite Counters, Stone Counters
    • Flooring: Carpet, Tile, Wood, Stone
    • Windows: Double Pane Windows, Metal Frame
    • Basement: Concrete/Crawl Space
    • Number of fireplaces: 2
    • Fireplace features: Gas
    Interior area
    • Total structure area: 3,285
    • Total interior livable area: 3,285 sqft

    Property

    Parking
    • Parking features: Attached, Garage Door Opener
    • Attached garage spaces: 4
    Features
    • Patio & porch: Patio, Deck
    • Exterior features: Boat Slip, Dock
    • Has view: Yes
    • View description: Mountain(s), Forest, Ski Resort
    • Waterfront features: Lake Front, Waterfront
    Lot
    • Size: 10,454 Square Feet
    • Features: Cul-De-Sac, Backs to Lagoon, Landscaped, Full Sprinklers
    Details
    • Parcel number: 022061048000

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Wood Frame, Masonry, Wood Siding, Rock
    • Foundation: Slab
    • Roof: Composition,Shingle
    Condition
    • Year built: 2015

    Utilities & green energy

    • Water: Water-Flat Rate
    • Utilities for property: Electricity Available, Natural Gas Available, Cable Connected, Phone Connected, Underground Utilities
    Green energy
    • Energy efficient items: Composite Deck Matrl

    Community & HOA

    Community
    • Subdivision: Unavail
    HOA
    • Amenities included: Pool, Tennis Court(s), Spa/Hot Tub, Clubhouse, Additional Parking, Security, Beach Access, Boat Dock, Pier, Boat Launch, Marina, Park
    • Services included: Water
    • HOA fee: $1,510 quarterly
    Location
    • Region: South Lake Tahoe

    Financial & listing details

    • Price per square foot: $760/sqft
    • Tax assessed value: $999,386
    • Date on market: 11/4/2025
    • Cumulative days on market: 58 days
    • Date available: 01/01/1800
    • Listing terms: Cash
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    1/6/2026Sold$2,495,000$760/sqft
    Source: STAOR #142306 Report a problem
    1/6/2026Pending sale$2,495,000$760/sqft
    Source: STAOR #142306 Report a problem
    1/6/2026Listed for sale$2,495,000$760/sqft
    Source: STAOR #142306 Report a problem
    12/3/2025Pending sale$2,495,000$760/sqft
    Source: STAOR #142306 Report a problem
    11/22/2025Price change$2,495,000-3.9%$760/sqft
    Source: STAOR #142306 Report a problem
    11/5/2025Listed for sale$2,595,000+309%$790/sqft
    Source: STAOR #142306 Report a problem
    2/6/2013Sold$634,500-3.1%$193/sqft
    Source: Public Record Report a problem
    10/5/2012Price change$655,000-3.4%$199/sqft
    Source: RE/MAX REALTY TODAY #119140 Report a problem
    4/12/2012Listed for sale$678,000$206/sqft
    Source: RE/MAX Realty Today #119140 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $999,386 +2%
    2025$11,836 +11.3%$979,791 +2%
    2024$10,630 -1.8%$960,580 +2%
    2023$10,827 +1.1%$941,746 +2%
    2022$10,705 +6.3%$923,281 +2%
    2021$10,068 +4.8%$905,178 +1%
    2020$9,611 +0.5%$895,897 +2%
    2019$9,562 +2.3%$878,331 +2%
    2018$9,347 +1.6%$861,109 +2%
    2017$9,197 +3.9%$844,225 +3.8%
    2016$8,849 +29.8%$813,026 +17%
    2015$6,817 $695,113 +9.1%
    2014$6,817 $637,380 +327%
    2013-- $149,264 +4%
    2012-- $143,470
    2011-- $143,470 +0.8%
    2010-- $142,400 -0.2%
    2009-- $142,740 +2%
    2008-- $139,942 +2%
    2007-- $137,199 +2%
    2006-- $134,510 +2%
    2005-- $131,874 +2%
    2004-- $129,289
    Find assessor info on the county website

    Neighborhood: 96150

    Nearby schools

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    Estimated market value
    $2,492,500
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,492,500