Measure T was recently overturned, and while the City of South Lake Tahoe has enacted a temporary moratorium on new vacation home rentals (VHRs) as they develop a revised ordinance, there is optimism that vacation rental options may return by summer 2025.Experience the ultimate in water front living, while enjoying the sheltered confines of the Tahoe Keys Marina. This renewed townhome provides immediate access to Lake Tahoe, as well as a straight shot into your boat slip, that can easily accommodate 30' and larger vessels. The unit is close to the Marina's fueling station and within walking distance to HOA amenities, such as the indoor and outdoor pools, private beach, park area, basketball, tennis and pickleball courts. Recent renovations include all new Milgard vinyl windows, composite decking, refaced kitchen cabinetry and slab countertops, interior paint, refurbished gas fireplace, LVP flooring, mirrored closet doors and more. Traditional finishes of open beam ceilings with tongue and groove pine maintain a classic Tahoe warmth and the unit comes completely furnished. HOA costs eliminate the worry of exterior and on-site maintenance, insurance, snow removal, water and trash, allowing for the pure enjoyment of your home or vacation getaway. This is one of the only bulkheads that have been replaced and completely paid for.
For sale
Price cut: $76K (2/13)
$799,000
439 Ala Wai Blvd APT 140, South Lake Tahoe, CA 96150
3beds
1,462sqft
Est.:
Townhouse
Built in 1971
871 Square Feet Lot
$779,600 Zestimate®
$547/sqft
$1,079/mo HOA
What's special
Water front livingBoat slipInterior paintRefurbished gas fireplaceLvp flooringComposite deckingSlab countertops
- 99 days
- on Zillow |
- 560 |
- 15 |
Zillow last checked: 7 hours ago
Listing updated: May 02, 2025 at 05:21am
Listed by:
Mark A Salmon 530-318-7637 mark@tahoesalmon.com,
Compass
Source: STAOR,MLS#: 141150
Originating MLS: South Tahoe Association of Realtors

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Rooms
- Room types: Living/Dining Combo, Entry/Foyer
Primary bedroom
- Features: Stall Shower, Slab Counters
Heating
- Forced Air, Natural Gas
Appliances
- Included: Disposal, Built-In Refrigerator, Microwave Built-in, Dishwasher Built-in, Electric Range, Gas Water Heater
- Laundry: Hall Closet, Upper Level
Features
- Beamed Ceilings, Walk-In Closet(s), High Speed Internet
- Flooring: Carpet, Vinyl
- Windows: Double Pane Windows, Vinyl Frame, Low Emissivity Windows
- Has basement: No
- Has fireplace: Yes
- Fireplace features: Open Fireplace
- 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
- Has view: Yes
- View description: Mountain(s), Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake Front, Waterfront
Lot
- Size: 871 Square Feet
- Features: Landscaped, Full Sprinklers
Details
- Parcel number: 022361006000
Construction
Type & style
- Home type: Townhouse
- Property subtype: Townhouse
Materials
- Wood Frame, Vinyl Siding
- Foundation: Slab
- Roof: Pitched,Flat,Metal
Condition
- Year built: 1971
Utilities & green energy
- Sewer: City Sewer
- Water: Shared Well
- Utilities for property: Electricity Available, Natural Gas Available, Cable 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, Boat Dock, Pier, Boat Launch, Marina, Park
- Services included: Water, Maintenance Structure, Snow Removal, Roof Repairs, Trash, Insurance, On Site Maintenance
- HOA fee: $3,237 quarterly
Location
- Region: South Lake Tahoe
Financial & listing details
- Price per square foot: $547/sqft
- Tax assessed value: $310,434
- Annual tax amount: $3,384
- Date on market: 1/28/2025
- Date available: 01/01/1800
- Ownership: Fee Simple
- Electric utility on property: Yes
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