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Sold for $987,000
  • $987,000

    439 Ala Wai Blvd APT 138, South Lake Tahoe, CA 96150

    3beds
    1,462sqft
    Townhouse
    Built in 1971
    871 Square Feet Lot
    $985,600 Zestimate®
    $675/sqft
    $3,555 Estimated rent

    Home value

    $985,600

    $897,000 - $1.08M

    $3,555/mo

    Zestimate® history
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    What's special

    Granite-faced gas fireplacePrivate covered balconySpa-like bathCustom cabinetryPrimary suiteWide-plank oak flooringSlab quartz counters
    This is not just another Tahoe Keys townhome---it's arguably the finest ever offered. Positioned on the edge of the marina, this residence delivers rare, sweeping views of Lake Tahoe and Mt. Tallac from the back, and Heavenly's slopes from the front. From your door, it's only a short cruise to the lake, with effortless access to a private 30' boat slip that accommodates multiple vessels or toys. Add to that the planned full marina reconstruction in 2027, and the setting becomes even more compelling.- -Completely reimagined from top to bottom, the home showcases all new Andersen 100 Series windows with Hunter Douglas electric blinds, smooth level-5 walls, fresh paint, and wide-plank oak flooring throughout. The design embraces a coveted downstairs living layout, allowing you to walk directly from the front entry to the dock without a single stair.- -The kitchen is a showpiece---ceiling heights raised, recessed lighting, custom cabinetry, farmhouse sink, slab quartz counters, and premium appliances finished with brushed-gold accents. Steps away, a cedar-lined infrared sauna with custom glass doors is cleverly tucked under the staircase. The living area features painted open beams with pine tongue-and-groove detailing and a new granite-faced gas fireplace anchoring the room.- -A plush guest bedroom and an exquisitely remodeled bath complete the lower level, with touches that include shaker doors, contrasting black iron hardware, and a curbless custom-tiled shower. Upstairs, a hall laundry station and new tankless water heater serve two additional bedrooms. One is designed as a playful bunk/media retreat with built-ins, oversized screen, popcorn machine, and beanbags. The primary suite offers a second fireplace, spa-like bath with dual vanities and walk-in shower, and a private covered balcony with a gas firepit to frame dramatic Tahoe sunsets.- -Selling fully furnished with top-of-the-line pieces, this residence is simply unmatched. For its size, design, and finish quality, nothing compares---this is the best value in the Tahoe Keys today.

    Zillow last checked:

    Listing updated:

    Listed by:

    Mark A Salmon 530-318-7637 mark@tahoesalmon.com,

    Compass

    Bought with:

    Ryan S Smith, 02095506

    Compass

    Source: STAOR,MLS#: 142128MLS LogoOriginating MLS: South Tahoe Association of Realtors

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Rooms
    • Room types: Living Room, Living/Dining Combo, Entry/Foyer
    Primary bedroom
    • Features: Double Sinks, Stall Shower, Slab Counters
    Heating
    • Forced Air, Natural Gas
    Appliances
    • Included: Disposal, Built-In Refrigerator, Microwave Built-in, Dishwasher Built-in, Gas Range, Gas Water Heater, Instant Hot Water
    • Laundry: Hall Closet
    Features
    • Flooring: Vinyl
    • Windows: Double Pane Windows, Vinyl Frame, Low Emissivity Windows
    • Has basement: No
    • Number of fireplaces: 2
    • Fireplace features: Gas, Insert
    • Furnished: Yes
    Interior area
    • Total structure area: 1,462
    • Total interior livable area: 1,462 sqft

    Property

    Parking
    • Parking features: No Garage
    Features
    • Patio & porch: Deck, Covered
    • Has view: Yes
    • View description: Mountain(s), Lake, Ski Resort
    • Has water view: Yes
    • Water view: Lake
    Lot
    • Size: 871 Square Feet
    • Features: Landscaped, Full Sprinklers
    Details
    • Parcel number: 022361008000

    Construction

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

    Utilities & green energy

    • Water: Well - Private
    • 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: Cove South C
    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, Maintenance Structure, Snow Removal, Roof Repairs, Trash, Insurance, On Site Maintenance
    • HOA fee: $1,560 monthly
    Location
    • Region: South Lake Tahoe

    Financial & listing details

    • Price per square foot: $675/sqft
    • Tax assessed value: $848,434
    • Date on market: 8/26/2025
    • Cumulative days on market: 10 days
    • Date available: 01/01/1800
    • Listing terms: Cash
    • Ownership: Fee Simple
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    9/5/2025Sold$987,000$675/sqft
    Source: STAOR #142128 Report a problem
    8/30/2025Pending sale$987,000$675/sqft
    Source: STAOR #142128 Report a problem
    8/27/2025Listed for sale$987,000+23.5%$675/sqft
    Source: STAOR #142128 Report a problem
    7/1/2022Sold$799,500$547/sqft
    Source: Public Record Report a problem
    6/2/2022Pending sale$799,500$547/sqft
    Source: STAOR #135790 Report a problem
    5/28/2022Listed for sale$799,500+49.2%$547/sqft
    Source: STAOR #135790 Report a problem
    5/27/2022Listing removed--
    Source: Zillow Rental Manager Report a problem
    5/25/2022Price change$5,000+26.6%$3/sqft
    Source: Zillow Rental Manager Report a problem
    5/2/2022Listed for rent$3,950$3/sqft
    Source: Zillow Rental Manager Report a problem
    4/24/2022Listing removed--
    Source: Zillow Rental Manager Report a problem
    4/22/2022Price change$3,950+1.3%$3/sqft
    Source: Zillow Rental Manager Report a problem
    2/28/2022Price change$3,900-13.3%$3/sqft
    Source: Zillow Rental Manager Report a problem
    2/7/2022Price change$4,500-2.2%$3/sqft
    Source: Zillow Rental Manager Report a problem
    1/31/2022Price change$4,600-2.1%$3/sqft
    Source: Zillow Rental Manager Report a problem
    1/7/2022Listed for rent$4,700+4.4%$3/sqft
    Source: Zillow Rental Manager Report a problem
    2/2/2021Listing removed--
    Source: Zillow Rental Manager Report a problem
    1/13/2021Price change$4,500-18.2%$3/sqft
    Source: Zillow Rental Manager Report a problem
    1/2/2021Listed for rent$5,500+155.8%$4/sqft
    Source: Zillow Rental Manager Report a problem
    12/20/2019Listing removed$2,150$1/sqft
    Source: Owner Report a problem
    11/15/2019Listed for rent$2,150$1/sqft
    Source: Owner Report a problem
    10/28/2019Listing removed$536,000$367/sqft
    Source: Owner Report a problem
    10/13/2019Price change$536,000-2%$367/sqft
    Source: Owner Report a problem
    8/28/2019Listed for sale$547,000+17.6%$374/sqft
    Source: Owner Report a problem
    10/9/2013Sold$465,000+138.5%$318/sqft
    Source: Public Record Report a problem
    10/14/1997Sold$195,000$133/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $848,434 +2%
    2025$9,205 +5.5%$831,799 +2%
    2024$8,727 +1.8%$815,490 +2%
    2023$8,569 +48.1%$799,500 +50.5%
    2022$5,788 +1.6%$531,363 +2%
    2021$5,698 +1.5%$520,945 +1%
    2020$5,616 +0.5%$515,604 +2%
    2019$5,588 +2.3%$505,495 +2%
    2018$5,464 +1.6%$495,584 +2%
    2017$5,378 +2.1%$485,868 +2%
    2016$5,268 +5.4%$476,342 +1.5%
    2015$5,000 $469,190 +2%
    2014$5,000 $460,000 +87.2%
    2013-- $245,704 +4%
    2012-- $236,165
    2011-- $236,165 +0.8%
    2010-- $234,401 -0.2%
    2009-- $234,960 +2%
    2008-- $230,354 +2%
    2007-- $225,838 +2%
    2006-- $221,411 +2%
    2005-- $217,070 +2%
    2004-- $212,815
    Find assessor info on the county website

    Neighborhood: 96150

    Nearby schools

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    Estimated market value
    $985,600
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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
    $985,600