Enjoy superior waterfront living in this well appointed Tahoe Keys townhome offering serene open water marina views with a peek of Lake Tahoe, all while being just a short distance from the lake itself. A true standout feature is the rare and recently updated deep-water U-shaped boat slip, measuring approximately 27 feet long by 12 feet wide capable of accommodating larger vessels with ease, a highly sought-after asset in the Tahoe Keys. The back patio adjoins a spacious lawn area for outdoor enjoyment in the sun on a long summer's day. The interior showcases updated kitchen and bathroom finishes, creating a fresh, move-in-ready environment. Offering 3 bedrooms and 3 bathrooms, the thoughtfully designed layout features two spacious en-suite bedrooms upstairs, providing privacy and convenience, along with a versatile ground-level bedroom serviced by a full hallway bathroom perfect for guests or multi-generational living. Selling fully furnished, as displayed. Whether you're setting out for a day on the water or unwinding in your mountain retreat, this property captures the essence of Tahoe Keys living.
For sale
Price cut: $26K (7/27)
$799,000
439 Ala Wai Blvd APT 139, South Lake Tahoe, CA 96150
3beds
1,462sqft
Townhouse
Built in 1971
1,306 Square Feet Lot
$785,600 Zestimate®
$547/sqft
$1,777/mo HOA
What's special
Full hallway bathroomPeek of lake tahoeVersatile ground-level bedroomMove-in-ready environment
- 153 days |
- 582 |
- 23 |
Zillow last checked:
Listing updated:
Listed by:
Sam T Holmes 530-314-1092 sam.holmes@cbselectre.com,
Coldwell Banker Sel-Round Hill
Source: STAOR,MLS#: 142608
Originating MLS: South Tahoe Association of Realtors
Originating MLS: South Tahoe Association of RealtorsFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Forced Air, Natural Gas
Appliances
- Included: Disposal, Microwave Built-in, Dishwasher Built-in, Gas Range, Oven, Gas Water Heater
- Laundry: Hall Closet
Features
- Granite Counters
- Flooring: Carpet, Tile, Wood
- Windows: Double Pane Windows, Metal Frame
- Has basement: No
- Number of fireplaces: 1
- 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: Patio, Deck, Covered
- Exterior features: Boat Slip
- Has view: Yes
- View description: Mountain(s)
Lot
- Size: 1,306 Square Feet
- Features: Cul-De-Sac, Lawn, Sprinklers In Rear
Details
- Additional structures: Storage Shed
- Parcel number: 022361007000
- Zoning description: Single Family
Construction
Type & style
- Home type: Townhouse
- Property subtype: Townhouse
Materials
- Wood Frame, Masonry, Vinyl Siding
- Foundation: Slab
- Roof: Flat,Metal
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 3
HOA
- Amenities included: Pool, Tennis Court(s), Spa/Hot Tub, Clubhouse, Additional Parking, Security, Beach Access, Boat Dock, Boat Launch, Marina, Park
- 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: $547/sqft
- Tax assessed value: $622,296
- Date on market: 3/22/2026
- Cumulative days on market: 154 days
- Date available: 01/01/1800
- Ownership: Fee Simple
- Electric utility on property: Yes
Estimated market value
$785,600
$746,000 - $825,000
$3,602/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/27/2026 | Price change | $799,000-3.2%$547/sqft |
Source:  STAOR #142608 Report a problem | ||
| 6/9/2026 | Price change | $825,000-2.9%$564/sqft |
Source: STAOR #142608 Report a problem | ||
| 5/5/2026 | Price change | $850,000-3.4%$581/sqft |
Source: STAOR #142608 Report a problem | ||
| 3/22/2026 | Listed for sale | $880,000+107.1%$602/sqft |
Source: STAOR #142608 Report a problem | ||
| 9/14/2001 | Sold | $425,000$291/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $622,296 +2% |
| 2025 | $6,778 +5.5% | $610,095 +2% |
| 2024 | $6,428 +1.9% | $598,134 +2% |
| 2023 | $6,310 +0.9% | $586,407 +2% |
| 2022 | $6,254 +1.6% | $574,909 +2% |
| 2021 | $6,157 +1.5% | $563,637 +1% |
| 2020 | $6,068 +0.5% | $557,859 +2% |
| 2019 | $6,038 +2.3% | $546,922 +2% |
| 2018 | $5,904 +1.6% | $536,199 +2% |
| 2017 | $5,810 +1.3% | $525,687 +1.2% |
| 2016 | $5,736 +5.3% | $519,380 +1.5% |
| 2015 | $5,445 | $511,640 +2% |
| 2014 | $5,445 | $501,698 +1.3% |
| 2013 | -- | $495,451 +4% |
| 2012 | -- | $476,214 |
| 2011 | -- | $476,214 +0.8% |
| 2010 | -- | $472,657 -0.2% |
| 2009 | -- | $473,782 +2% |
| 2008 | -- | $464,493 +2% |
| 2007 | -- | $455,386 +2% |
| 2006 | -- | $446,458 +2% |
| 2005 | -- | $437,705 +2% |
| 2004 | -- | $429,124 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 96150
Nearby schools
GreatSchools rating
- 5/10Tahoe Valley Elementary SchoolGrades: K-5Distance: 1 mi
- 4/10South Tahoe Middle SchoolGrades: 6-8Distance: 1.6 mi
- 7/10South Tahoe High SchoolGrades: 9-12Distance: 1.9 mi
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