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Sold for $750,000
  • $750,000

    477 Ala Wai Blvd APT 79, South Lake Tahoe, CA 96150

    3beds
    1,521sqft
    Townhouse
    Built in 1973
    435 Square Feet Lot
    $743,100 Zestimate®
    $493/sqft
    $3,456 Estimated rent

    Home value

    $743,100

    $669,000 - $825,000

    $3,456/mo

    Zestimate® history
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    What's special

    Waterfront Townhome with Two Boat Slips and Two Units in the Tahoe Keys - Experience the best of Lake Tahoe living in this beautiful waterfront townhome. Nestled in the highly sought-after Tahoe Keys, this rare property offers direct water access and two boat slips just steps from your door.This versatile townhome features two distinct living spaces:Lower-Level Studio: Recently remodeled, this cozy retreat includes a fireplace, full kitchen, washer/dryer. It is perfect for a tenant, guest suite, or additional living space. This studio with separate entrance is already rented, providing immediate income.Upper-Level Residence: This spacious two-bedroom, 1.5-bathroom waterfront haven offers the perfect blend of comfort with breathtaking scenery. The open living area features soaring vaulted ceilings and a cozy fireplace, creating a warm and inviting atmosphere. A well-appointed kitchen and in-unit washer/dryer add to the convenience of everyday living. Step outside onto the two-level deck, where panoramic views of the pristine water and majestic mountains provide an ever-changing backdrop for relaxation and entertaining. Whether sipping your morning coffee or unwinding after a day of adventure, you'll be immersed in the beauty of Lake Tahoe.With two boat slips conveniently located nearby, you'll have easy access to the lake for boating, paddle boarding, or simply enjoying the water. This Tahoe Keys townhouse offers a prime location next to the indoor pool for an unbeatable waterfront lifestyle. Additionally a one-car garage offers space for all your Tahoe toys.Beyond the home itself, Tahoe Keys residents enjoy an exclusive lifestyle with resort-style amenities, including:- Indoor & outdoor swimming pools- Private beach access & hot tubs- Docks, piers, marina & boat launch- Parks, open green spaces & clubhouse- Tennis/pickleball courts, beach volleyball, basketball courtHOA Services include:- Homeowners insurance- Water, refuse, snow removal- Exterior maintenance (includes paint and roof)Whether you're seeking a primary residence, vacation getaway, or investment property, this waterfront retreat offers the perfect blend of income potential and outdoor adventure. Plus, easy access to Heavenly Ski Resort and the casinos.Tahoe Keys is a 740-acre private marina community featuring eleven miles of scenic inland waterways.Don't miss the opportunity to own this exceptional waterfront gem.

    Zillow last checked:

    Listing updated:

    Listed by:

    Konstantina Karelis 209-200-2102 anna.karelis@evrealestate.com,

    Engel & Volkers

    Bought with:

    Konstantina Karelis, 02147542

    Engel & Volkers

    Source: STAOR,MLS#: 141249MLS LogoOriginating MLS: South Tahoe Association of Realtors

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Living/Dining Combo, Entry/Foyer
    Heating
    • Forced Air, Natural Gas, Fireplace(s)
    Appliances
    • Included: Disposal, Dishwasher Built-in, Electric Range
    • Laundry: Hall Closet
    Features
    • Tile Counters, Butcher Block
    • Flooring: Carpet, Laminate
    • Windows: Double Pane Windows
    • Has basement: No
    • Number of fireplaces: 2
    • Fireplace features: Gas, Insert
    Interior area
    • Total structure area: 1,521
    • Total interior livable area: 1,521 sqft

    Property

    Parking
    • Parking features: Attached, Garage Door Opener
    • Attached garage spaces: 1
    Features
    • Patio & porch: Patio, Deck, Covered, Uncovered
    • Exterior features: Boat Slip, Dock, Other/See Remarks
    • Has view: Yes
    • View description: Mountain(s), Meadow, Lake
    • Has water view: Yes
    • Water view: Lake
    • Waterfront features: Waterfront
    Lot
    • Size: 435 Square Feet
    • Features: Landscaped, Full Sprinklers
    Details
    • Parcel number: 022411014000
    • Zoning description: Single Family

    Construction

    Type & style
    • Home type: Townhouse
    • Property subtype: Townhouse
    Materials
    • Wood Frame, Wood Siding
    • Foundation: Slab
    • Roof: Composition
    Condition
    • Year built: 1973

    Utilities & green energy

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

    Community & HOA

    Community
    • Subdivision: Cove South Townhouses
    HOA
    • Amenities included: Pool, Tennis Court(s), Sauna, Spa/Hot Tub, Clubhouse, Additional Parking, Security, Beach Access, Boat Dock, Pier, Boat Launch, Marina, Park, Other
    • Services included: Water, Maintenance Structure, Snow Removal, Roof Repairs, Trash, Insurance
    • HOA fee: $5,817 quarterly
    Location
    • Region: South Lake Tahoe

    Financial & listing details

    • Price per square foot: $493/sqft
    • Tax assessed value: $849,707
    • Date on market: 3/5/2025
    • Cumulative days on market: 49 days
    • Date available: 01/01/1800
    • Listing terms: Cash to New Loan
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    7/27/2025Listing removed$2,900$2/sqft
    Source: Zillow Rentals Report a problem
    6/8/2025Price change$2,900-3.3%$2/sqft
    Source: Zillow Rentals Report a problem
    5/27/2025Price change$3,000+1.7%$2/sqft
    Source: Zillow Rentals Report a problem
    5/16/2025Price change$2,950-1.7%$2/sqft
    Source: Zillow Rentals Report a problem
    5/12/2025Price change$3,000-3.2%$2/sqft
    Source: Zillow Rentals Report a problem
    5/5/2025Price change$3,100-4.6%$2/sqft
    Source: Zillow Rentals Report a problem
    4/28/2025Listed for rent$3,250+62.9%$2/sqft
    Source: Zillow Rentals Report a problem
    4/24/2025Sold$750,000-4.8%$493/sqft
    Source: STAOR #141249 Report a problem
    4/7/2025Pending sale$788,000$518/sqft
    Source: STAOR #141249 Report a problem
    3/6/2025Listed for sale$788,000-4.5%$518/sqft
    Source: STAOR #141249 Report a problem
    12/22/2024Listing removed$825,000+3.3%$542/sqft
    Source: STAOR #134992 Report a problem
    11/24/2024Pending sale$799,000$525/sqft
    Source: STAOR #139855 Report a problem
    8/28/2024Price change$799,000-1.4%$525/sqft
    Source: STAOR #139855 Report a problem
    7/29/2024Price change$810,000-1.2%$533/sqft
    Source: STAOR #139855 Report a problem
    6/12/2024Price change$820,000-2.4%$539/sqft
    Source: STAOR #139855 Report a problem
    5/3/2024Price change$840,000-2.3%$552/sqft
    Source: STAOR #139855 Report a problem
    3/6/2024Listed for sale$860,000+9.6%$565/sqft
    Source: STAOR #139855 Report a problem
    1/3/2024Listing removed--
    Source: Zillow Rentals Report a problem
    11/18/2023Price change$1,995-0.3%$1/sqft
    Source: Zillow Rentals Report a problem
    10/3/2023Listed for rent$2,000$1/sqft
    Source: Zillow Rentals Report a problem
    9/21/2023Listing removed--
    Source: Zillow Rentals Report a problem
    5/11/2023Price change$2,000-11.1%$1/sqft
    Source: Zillow Rentals Report a problem
    4/4/2023Listed for rent$2,250$1/sqft
    Source: Zillow Rentals Report a problem
    12/22/2022Listing removed--
    Source: STAOR #134992 Report a problem
    12/21/2021Sold$785,000-4.8%$516/sqft
    Source: Public Record Report a problem
    11/19/2021Pending sale$825,000$542/sqft
    Source: STAOR #134992 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $849,707 +2%
    2025$9,219 +5.5%$833,047 +2%
    2024$8,740 +1.8%$816,714 +2%
    2023$8,582 +0.9%$800,700 +2%
    2022$8,503 +228.7%$785,000 +239%
    2021$2,587 +1.5%$231,553 +1%
    2020$2,550 +0.5%$229,180 +2%
    2019$2,538 +2.2%$224,687 +2%
    2018$2,482 +1.6%$220,283 +2%
    2017$2,443 +2%$215,965 +2%
    2016$2,395 +5.3%$211,731 +1.5%
    2015$2,274 $208,553 +2%
    2014$2,274 $204,470 +0.5%
    2013-- $203,548 +1.2%
    2012-- $201,145
    2011-- $201,145 +0.7%
    2010-- $199,685 -0.2%
    2009-- $200,148 +1.9%
    2008-- $196,332 +2.2%
    2007-- $192,091 +1.9%
    2006-- $188,424 +1.9%
    2005-- $184,828 +1.9%
    2004-- $181,302
    Find assessor info on the county website

    Neighborhood: 96150

    Nearby schools

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    Estimated market value
    $743,100
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    Estimated market value
    $743,100