$1,599,000
PENDING

1940 Kokanee Way South Lake Tahoe, CA 96150

Estimated payment $9,338/month

Total Views 5,633
3 Beds
2.5 Baths
2,354 Sq Ft
$679 Price per Sq Ft

Highlights

  • Docks
  • Pier or Dock
  • Canal View
  • Beach
  • Home fronts a lagoon or estuary
  • Deck

About This Home

Welcome to this well-built and thoughtfully designed home, nestled on a quiet street in the highly sought-after Tahoe Keys community. From its energy-efficient features to its private boat dock and stunning views of Mt. Tallac, this residence offers the ultimate Lake Tahoe lifestyle.The exterior boasts a spacious yard with recently completed low-maintenance landscapingperfect for year-round curb appeal without the hassle. Step out to your private dock located on a peaceful lagoon with direct and easy access to the crystal-clear waters of Lake Tahoe.Upstairs, the home features a generous living room with a cozy gas fireplace insert, ideal for winter evenings. Step onto the deck to enjoy breathtaking views of Mt. Tallac and the surrounding waterway. The large primary suite includes an attached bathroom with a sunken tub and a walk-in closet, offering plenty of space to relax and unwind.Downstairs, you'll find a second family room complete with a wet bar and a pellet stove-an excellent space for entertaining guests or enjoying casual evenings at home.Modern conveniences and energy efficiency are at the heart of this property, including a solar water heater and a whole-house battery system for both emergency backup and time-of-use savings. The home is heated by a radiant floor and baseboard system, gently warming from the ground up. The oversized two-car garage comes equipped with electrical for EV charging. Additional amenities include a built-in whole-house vacuum system and a convenient dumbwaiter elevator.Located within the exclusive Tahoe Keys Homeowners Association, you'll enjoy access to top-tier amenities including indoor and outdoor swimming pools, spas, tennis and pickleball courts, basketball courts, parks, and two private Lake Tahoe beaches. With nearby bike paths and hiking trails just minutes away, you can experience all the natural beauty and outdoor adventures Lake Tahoe has to offer.Don't miss this rare opportunity to own a waterfront retreat in one of South Lake Tahoe's premier communities.

Listing Agent

Deborah Sherry

Chase International - South La License #01898413 Listed on: 04/11/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,183

Year Built

  • Built in 1994

Lot Details

  • 6,534 Sq Ft Lot
  • Home fronts a lagoon or estuary
  • Drip System Landscaping

HOA Fees

  • $503 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Property Views

  • Canal
  • Mountain

Home Design

  • Wood Frame Construction
  • Wood Siding

Interior Spaces

  • 2,354 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Free Standing Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Double Pane Windows
  • Entrance Foyer
  • Family Room
  • Living Room

Kitchen

  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Radiant Floor
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Laundry on upper level

Outdoor Features

  • Docks
  • Deck

Utilities

  • Community Well
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 022251017000

Community Details

Overview

  • Association fees include water
  • Makai Isle Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Pier or Dock
  • Beach
  • Tennis Courts
  • Community Pool
  • Community Spa

Security

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,183

Year Built

Built in 1994

Lot Details

0

HOA Fees

$503 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Location: Backs to Lagoon
  • Additional Features: Garage Door Opener, Central Vacuum, Wet Bar
  • Property Disclaimer: Information has not been verified, is not guaranteed, and is subject to change.
  • Stories: 2
  • Year Built: 1994
  • Directions: Venice to Emerald Drive left on Kokanee Way, property is on the left
  • OFFICELIST_STATE: CA
  • FILLSUBDIVISION: Makai Isle
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Floor Covering: Carpet, Tile, Wood
  • Windows: Double Pane
  • Bedrooms: 3
  • Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Kitchen: Garbage Disposal, Pantry, Dishwasher Built-in, Gas Range
  • Additional Rooms: Living Room, Entry/Foyer, Family Room, Upstairs Living
  • Fireplace Description: Freestanding -Pellet, Insert - Gas
  • Laundry Location: Laundry Room, Upstairs
  • Price Per Square Foot: 679.27
  • Square Footage: 2354.00

Exterior Features

  • Construction: Wood Frame, Wood Siding
  • Exterior: Boat Dock
  • Landscaped: Front, Back
  • Patio Deck: Deck
  • Roof: Tile
  • Views: Canal, Mountains

Garage/Parking

  • Garage Type: Attached
  • Garage: 2.00

Utilities

  • Sprinklers: Drip - Front, Drip - Back
  • Heating/Cooling: Radiant Heat-Floor
  • Utilities: ElectricityAvailable, NaturalGasAvailable, Well - Community, City Sewer, Cable TV, Telephone, High Speed Internet, Water-Flat Rate
  • Water Heater: Solar

Condo/Co-op/Association

  • HOA Fees: 1510.00
  • Hoa Amenities: Pool, Tennis, Spa, Security, Beach, Pier
  • Hoa Fee Frequency: Quarterly
  • H O A Includes: Water

Lot Info

  • Acres: 0.1500
  • Lot Measurement: Square Feet
  • Lot Sq Ft: 6534.00
  • Price Per Acre: 10660000.00

Tax Info

  • Assessor Parcel Number: 022251017000

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,183 $392,927 $63,591 $329,336
2023 $4,109 $385,224 $62,345 $322,879
2022 $4,067 $377,672 $61,123 $316,549
2021 $4,003 $370,268 $59,925 $310,343
2020 $3,945 $366,472 $59,311 $307,161
2019 $3,924 $359,288 $58,149 $301,139
2018 $3,835 $352,244 $57,009 $295,235
2017 $3,774 $345,339 $55,892 $289,447
2016 $3,696 $338,569 $54,797 $283,772
2015 $3,506 $333,485 $53,975 $279,510
2014 $3,506 $326,955 $52,919 $274,036
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2025 06/15/25 Pending -- -- --
04/11/2025 04/11/25 For Sale $1,599,000 -- $679 / Sq Ft
Source: South Tahoe Association of REALTORS®

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Source: South Tahoe Association of REALTORS®

MLS Number: 141394

South Tahoe Association of REALTORS®

APN: 022-251-017-000