2003 Kokanee Way South Lake Tahoe, CA 96150
3
Beds
2.5
Baths
2,297
Sq Ft
8,276
Sq Ft Lot
Highlights
- Boat Dock
- Lagoon View
- Community Pool
- Beach
- Deck
- Tennis Courts
About This Home
As of May 2025**Stunning Waterfront Home with Channel Views**Located on one of the most desirable streets in the Tahoe Keys, this waterfront property offers an unparalleled lifestyle with breathtaking views, a boat dock, and boasts 3 spacious bedrooms and 2.5 baths, with approximately 2,300 square feet, this home is designed for both comfort and entertaining.The open floor plan seamlessly integrates the kitchen, living room, and dining area, all perfectly positioned to take in the wide-water vistas. A cozy wet bar off of the downstairs family room adds an extra touch of sophistication, ideal for hosting guests or enjoying a quiet evening by the water.Upstairs living with abundant windows floods the space with natural light, creating an airy and inviting atmosphere. Step outside onto the large deck off the living area to savor the spectacular views, whether you're relaxing with a morning coffee or enjoying sunsets over the water. With a private boat dock right at your doorstep, this home offers easy access to all the recreational opportunities that Tahoe Keys has to offer. Whether you're boating, kayaking, or simply enjoying the peaceful ambiance, this property is the perfect waterside retreat.
Last Agent to Sell the Property
Chase International - SLT License #01085490 Listed on: 03/13/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,559
Year Built
- Built in 1989
Lot Details
- 8,276 Sq Ft Lot
- Landscaped
- Sprinkler System
HOA Fees
- $506 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Garage Door Opener
Home Design
- Wood Frame Construction
- Pitched Roof
- Composition Roof
Interior Spaces
- 2,297 Sq Ft Home
- 2-Story Property
- Self Contained Fireplace Unit Or Insert
- Double Pane Windows
- Family Room
- Carpet
- Lagoon Views
- Crawl Space
Kitchen
- Gas Range
- Dishwasher
- Tile Countertops
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
Outdoor Features
- Docks
- Deck
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Underground Utilities
- Community Well
- Natural Gas Water Heater
- High Speed Internet
- Phone Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 022251059000
Community Details
Overview
- Association fees include water
- Makai Isle Subdivision
- The community has rules related to covenants, conditions, and restrictions
Recreation
- Boat Dock
- Pier or Dock
- Beach
- Tennis Courts
- Community Pool
- Park
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 13, 2025
Closed on
May 2, 2025
Sold by
Mary Chris J and Mary Ann
Bought by
Kohl Mike and Kohl Donnarose
Seller's Agent
Joseph Olson
Chase International - SLT
Buyer's Agent
Mike Kohl
Michael Kohl, BROKER
List Price
$1,779,000
Sold Price
$1,687,000
Premium/Discount to List
-$92,000
-5.17%
Total Days on Market
42
Views
29
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-13.20%
Purchase Details
Closed on
Sep 17, 2019
Sold by
Kirschenheuter Chris and Kirschenheuter Mary Ann
Bought by
Kirschenheuter Chris J and Kirschenheuter Mary Ann
Purchase Details
Listed on
Aug 30, 2017
Closed on
Oct 3, 2017
Sold by
Mertens Lynne G and Mertens Heinz R
Bought by
Kirschenheuter Chris and Kirschenheuter Mary Ann
Seller's Agent
Adele Lucas
Chase International - SLT
Buyer's Agent
Joseph Olson
Chase International - SLT
List Price
$979,000
Sold Price
$971,000
Premium/Discount to List
-$8,000
-0.82%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.37%
Original Mortgage
$776,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Apr 11, 2005
Sold by
Tipton Warren E
Bought by
Schmidt Family Trust and Mertens Family Trust
Purchase Details
Closed on
Sep 29, 2004
Sold by
Schmidt Leslie T
Bought by
Schmidt Leslie T and Schmidt Daniel Howard
Purchase Details
Closed on
Apr 15, 2003
Sold by
Mertens Lynne G
Bought by
Mertens Lynne G and Mertens Heinz R
Purchase Details
Closed on
Mar 29, 2002
Sold by
Tipton Wiley E
Bought by
Mertens Lynn G and Schmidt Leslie G
Purchase Details
Closed on
Dec 16, 2000
Sold by
Mertens Lynne G and Schmidt Leslie G
Bought by
Schmidt Leslie G and Tipton Warren E
Purchase Details
Closed on
Jun 22, 1999
Sold by
Tipton Betty J
Bought by
Tipton Betty J and Tipton 1999 Personal R Betty J
Similar Homes in South Lake Tahoe, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,687,000 | Old Republic Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $971,000 | Old Republic Title Company | |
| Quit Claim Deed | $225,000 | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | $132,000 | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $495,000 | New Conventional | |
| Previous Owner | $776,000 | Adjustable Rate Mortgage/ARM |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/09/2025 05/09/25 | Sold | $1,687,000 | -5.2% | $734 / Sq Ft |
| 04/24/2025 04/24/25 | Pending | -- | -- | -- |
| 04/22/2025 04/22/25 | Price Changed | $1,779,000 | 0.0% | $774 / Sq Ft |
| 04/22/2025 04/22/25 | For Sale | $1,779,000 | +5.5% | $774 / Sq Ft |
| 03/24/2025 03/24/25 | Off Market | $1,687,000 | -- | -- |
| 03/13/2025 03/13/25 | For Sale | $1,749,000 | +80.1% | $761 / Sq Ft |
| 10/30/2017 10/30/17 | Sold | $971,000 | -0.8% | $423 / Sq Ft |
| 09/02/2017 09/02/17 | Pending | -- | -- | -- |
| 08/30/2017 08/30/17 | For Sale | $979,000 | -- | $426 / Sq Ft |
Source: South Tahoe Association of REALTORS®
Tax History Compared to Growth
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 | $11,559 | $1,083,166 | $557,758 | $525,408 |
| 2023 | $11,357 | $1,061,928 | $546,822 | $515,106 |
| 2022 | $11,245 | $1,041,106 | $536,100 | $505,006 |
| 2021 | $11,070 | $1,020,693 | $525,589 | $495,104 |
| 2020 | $10,909 | $1,010,228 | $520,200 | $490,028 |
| 2019 | $10,856 | $990,420 | $510,000 | $480,420 |
| 2018 | $10,613 | $971,000 | $500,000 | $471,000 |
| 2017 | $9,550 | $869,688 | $334,620 | $535,068 |
| 2016 | $8,305 | $756,000 | $291,000 | $465,000 |
| 2015 | $8,147 | $756,000 | $291,000 | $465,000 |
| 2014 | $8,147 | $755,000 | $290,500 | $464,500 |
Source: Public Records
Agents Affiliated with this Home
-
Joseph Olson
Seller's Agent in 2025
Joseph Olson
Chase International - SLT
(530) 545-2943
30 in this area
30 Total Sales
-
Mike Kohl
M
Buyer's Agent in 2025
Mike Kohl
Michael Kohl, BROKER
(714) 475-4857
7 in this area
9 Total Sales
-
Adele Lucas
Seller's Agent in 2017
Adele Lucas
Chase International - SLT
(530) 545-0888
70 in this area
73 Total Sales
Map
Source: South Tahoe Association of REALTORS®
MLS Number: 141311
APN: 022-251-059-000
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© Copyright South Tahoe Association of Realtors.
Based on information from the South Tahoe Association of REALTORS® MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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