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For sale
  • $575,000

    439 Ala Wai Blvd APT 111, South Lake Tahoe, CA 96150

    2beds
    920sqft
    : 
    $5,403/mo
    Get pre-qualified
    Townhouse
    Built in 1971
    1,306 Square Feet Lot
    $553,800 Zestimate®
    $625/sqft
    $1,777/mo HOA

    What's special

    Waterfront viewsPrivate waterfront deckMountain sceneryStylish flooringContemporary lighting throughoutSparkling water viewsUpdated doors and hardware
    Wake up to sparkling water views, mountain scenery, and the relaxing pace of life that makes the Tahoe Keys one of South Lake Tahoe's most sought-after waterfront communities. This beautifully updated 2-bedroom, 1.5-bath end-unit townhome offers an exceptional opportunity to enjoy lake living, whether as a primary residence, vacation retreat, or income-producing investment property.Positioned along the canal with expansive views of the marina and majestic Freel Peak, this single-story residence provides a front-row seat to Tahoe's natural beauty. The private waterfront deck is the perfect place to enjoy morning coffee, entertain guests, or unwind while watching boats glide by against a stunning mountain backdrop. Enjoy easy access to your new boat dock right out the slider door.Inside, the home has been extensively refreshed with all new appliances, granite countertops, refinished cabinetry, fresh interior paint, updated doors and hardware, and contemporary lighting throughout. Additional improvements include dual-pane windows, stylish flooring, a newer furnace, water heater, and washer and dryer, creating a move-in-ready home that blends modern comfort with mountain charm.Short-term rentals are allowed in the Tahoe Keys, making this property an attractive opportunity for those seeking rental income potential while maintaining a personal Tahoe getaway.Owners enjoy access to an impressive collection of Tahoe Keys amenities, including indoor and outdoor swimming pools, private beaches, a clubhouse, tennis and basketball courts, beautifully maintained walking paths, and direct access to Lake Tahoe. A dedicated boat dock located in Cove C is just a short stroll away, providing convenient access to boating, paddleboarding, and endless days on the water.Combining waterfront views, extensive community amenities, modern upgrades, and short-term rental flexibility, this property offers an incredible opportunity to experience the very best of the Tahoe lifestyle.
    64 days
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    639
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    41
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    Zillow last checked:

    Listing updated:

    Listed by:

    Shannon Witt 530-863-0548 shannon.witt@bhhsdrysdale.com,

    Berkshire Hathaway HS - SLT

    Source: STAOR,MLS#: 143051MLS LogoOriginating MLS: South Tahoe Association of Realtors

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 1
      • 1/2 bathrooms: 1
      Heating
      • Forced Air, Natural Gas, Fireplace(s)
      Appliances
      • Included: Disposal, Built-In Refrigerator, Microwave Built-in, Dishwasher Built-in, Electric Range, Oven, Gas Water Heater
      • Laundry: Hall Closet
      Features
      • Stone Counters, Laminate Counters
      • Flooring: Vinyl
      • Windows: Double Pane Windows, Vinyl Frame
      • Basement: Concrete/Crawl Space
      • Number of fireplaces: 1
      • Fireplace features: Open Fireplace
      • Furnished: Yes
      Interior area
      • Total structure area: 920
      • Total interior livable area: 920 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: No Garage
      Features
      • Patio & porch: Patio, Covered
      • Exterior features: Dock
      • Has view: Yes
      • View description: Mountain(s), Lake, Forest, Ski Resort
      • Has water view: Yes
      • Water view: Lake
      • Waterfront features: Waterfront
      Lot
      • Size: 1,306 Square Feet
      • Features: Landscaped, Full Sprinklers
      Details
      • Parcel number: 022361035000
      • Zoning description: Single Family

      Construction

      Type & style
      • Home type: Townhouse
      • Property subtype: Townhouse
      Materials
      • Wood Frame, Vinyl Siding
      • Roof: Flat,Metal,Other
      Condition
      • Year built: 1971

      Utilities & green energy

      • Utilities for property: Electricity Available, Natural Gas Available, Cable Connected, Phone Connected, Underground Utilities

      Community & HOA

      Community
      • Subdivision: Cove South C
      HOA
      • Amenities included: Pool, Tennis Court(s), Sauna, Spa/Hot Tub, Clubhouse, Security, Beach Access, Boat Dock, Pier
      • Services included: Water, Maintenance Structure, Snow Removal, Roof Repairs, Trash, Insurance, On Site Maintenance
      • HOA fee: $5,332 quarterly
      Location
      • Region: South Lake Tahoe

      Financial & listing details

      • Price per square foot: $625/sqft
      • Tax assessed value: $414,322
      • Date on market: 6/12/2026
      • Cumulative days on market: 64 days
      • Date available: 01/01/1800
      • Ownership: Fee Simple
      • Electric utility on property: Yes

        Estimated market value

        $553,800

        $526,000 - $581,000

        $2,896/mo

        Price history

        DateEventPrice
        6/12/2026Listed for sale$575,000+11.7%$625/sqft
        Source: STAOR #143051 Report a problem
        1/1/2026Listing removed$515,000$560/sqft
        Source: STAOR #141536 Report a problem
        10/8/2025Price change$515,000-1.9%$560/sqft
        Source: STAOR #141536 Report a problem
        7/16/2025Price change$525,000-9.9%$571/sqft
        Source: STAOR #141536 Report a problem
        6/30/2025Price change$582,500-2.8%$633/sqft
        Source: STAOR #141536 Report a problem
        6/3/2025Price change$599,000-2.6%$651/sqft
        Source: STAOR #141536 Report a problem
        5/4/2025Listed for sale$615,000-0.8%$668/sqft
        Source: STAOR #141536 Report a problem
        12/1/2024Listing removed$620,000$674/sqft
        Source: STAOR #140096 Report a problem
        10/15/2024Price change$620,000-3.9%$674/sqft
        Source: STAOR #140096 Report a problem
        6/29/2024Price change$645,000-4.4%$701/sqft
        Source: STAOR #140096 Report a problem
        6/14/2024Price change$675,000-3.4%$734/sqft
        Source: STAOR #140096 Report a problem
        6/3/2024Price change$699,000-3.6%$760/sqft
        Source: STAOR #140096 Report a problem
        5/3/2024Listed for sale$725,000-6.5%$788/sqft
        Source: STAOR #140096 Report a problem
        11/1/2023Listing removed$775,000$842/sqft
        Source: STAOR #137132 Report a problem
        10/1/2023Price change$775,000-1.7%$842/sqft
        Source: STAOR #137132 Report a problem
        8/25/2023Price change$788,800-1.3%$857/sqft
        Source: STAOR #137132 Report a problem
        7/19/2023Listed for sale$799,000+128.3%$868/sqft
        Source: STAOR #137132 Report a problem
        8/26/2016Sold$350,000-2.5%$380/sqft
        Source: Public Record Report a problem
        8/16/2016Pending sale$359,000$390/sqft
        Source: Sierra Sotheby's International Realty #126155 Report a problem
        8/5/2016Price change$359,000-5.3%$390/sqft
        Source: Sierra Sotheby's International Realty #126155 Report a problem
        7/1/2016Listed for sale$379,000$412/sqft
        Source: Sierra Sotheby's Int'l Realty #126155 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026-- $414,322 +2%
        2025$4,547 +5.4%$406,199 +2%
        2024$4,313 +1.9%$398,235 +2%
        2023$4,232 +0.8%$390,428 +2%
        2022$4,197 +1.6%$382,773 +2%
        2021$4,132 +1.5%$375,269 +1%
        2020$4,072 +0.5%$371,422 +2%
        2019$4,053 +2.3%$364,140 +2%
        2018$3,963 +1.6%$357,000 +2%
        2017$3,901 +60.2%$350,000 +62.4%
        2016$2,435 +1.2%$215,467 +1.7%
        2015$2,406 +4.3%$211,956 +2.1%
        2014$2,307 $207,571 +1.9%
        2013-- $203,649 +4%
        2012-- $195,742
        2011-- $195,742 +0.8%
        2010-- $194,280 -0.2%
        2009-- $194,743 +2%
        2008-- $190,925 +2%
        2007-- $187,182 +2%
        2006-- $183,513 +2%
        2005-- $179,915 +2%
        2004-- $176,389
        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 96150

        Getting around

        14 / 100
        Car-Dependent
        36 / 100
        Somewhat Bikeable

        Nearby schools

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