$1,889,000
SOLD AUG 29, 2025

2011 Kokanee Way South Lake Tahoe, CA 96150

3 Beds
2.5 Baths
2,480 Sq Ft
9,148 Sq Ft Lot

Recently Sold

$762 Per Sq Ft

6% Below List Price

130 Days on Market

Highlights

  • Marina
  • Docks
  • Spa
  • Views of Ski Resort
  • Boat or Launch Ramp
  • Home fronts a lagoon or estuary

About This Home

As of August 2025

This waterside contemporary sets the bar high for luxury living. It features a seriously efficient and newly upgraded gourmet kitchen; hardwood floors; and a spectacular master suite with a unique European style bath. The boat dock can accommodate a larger boat; and incredible sunsets while watching fellow boaters pass by. The home is located close to the main channel making it a short trip to Lake Tahoe. Views are exquisite from every window of this Tahoe Keys home. Don't miss out on this delightful property which is sure to please all!

Last Agent to Sell the Property

Adele Lucas

Chase International - South La License #00838770 Listed on: 03/27/2025

Last Buyer's Agent

William Wilkes

eXp Realty of Northern CA License #02168969

eXp Realty of Northern CA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,902

Year Built

  • Built in 1990

Lot Details

  • 9,148 Sq Ft Lot
  • Home fronts a lagoon or estuary
  • Dog Run
  • Landscaped
  • Sprinkler System

HOA Fees

  • $538 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Lagoon
  • Ski Resort
  • Canal
  • Mountain
  • Forest

Home Design

  • Wood Frame Construction
  • Pitched Roof
  • Composition Roof

Interior Spaces

  • 2,480 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Double Pane Windows
  • Low Emissivity Windows
  • Entrance Foyer
  • Great Room
  • Living Room
  • Home Office
  • Workshop
  • Sun or Florida Room
  • Crawl Space
  • Laundry Room

Kitchen

  • Oven
  • Gas Range
  • Dishwasher
  • Granite Countertops
  • Quartz Countertops
  • Corian Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Shower Only

Outdoor Features

  • Spa
  • Boat or Launch Ramp
  • Docks
  • Deck
  • Patio

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Natural Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 022251061000

Community Details

Overview

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

Recreation

  • Marina
  • Beach
  • Tennis Courts
  • Community Pool
  • Community Spa
  • Park

Security

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,902

Year Built

Built in 1990

Lot Details

0

HOA Fees

$538 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Location: Water Front, Backs to Lagoon
  • Additional Features: Furnished Per Invtry
  • AV Comments: motion detectors
  • AV Surveillance: Yes
  • Countertops: Quartz, Granite, Corrian, Slab
  • Master Bdrm Features: Primary Bath, Double Sinks, Stall Shower, Slab Counters, Walk-In Closet
  • Property Disclaimer: Information has not been verified, is not guaranteed, and is subject to change.
  • Stories: 2
  • Year Built: 1990
  • OFFICELIST_STATE: CA
  • FILLSUBDIVISION: Makai Isle
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Floor Covering: Carpet, Tile, Wood
  • Windows: Double Pane
  • Master Bedroom: Yes
  • Bedrooms: 3
  • Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Kitchen: Garbage Disposal, Pantry, Dishwasher Built-in, Gas Range, Single Oven
  • Additional Rooms: Office/Den, Living Room, Entry/Foyer, Workshop, Sun Room, Great Room, Upstairs Living
  • Fireplace Description: Freestanding, Gas
  • Laundry Location: Laundry Room
  • Price Per Square Foot: 761.69
  • Square Footage: 2480.00

Exterior Features

  • Construction: Wood Frame
  • Exterior: Spa/Hot Tub, Dog Run, Boat Dock
  • Foundation: Concrete/Crawl Space
  • Landscaped: Fully Landscaped
  • Patio Deck: Patio, Deck
  • Roof: Pitched, Composition
  • Views: Canal, Mountains, Lagoon, Forest, Ski Resort

Garage/Parking

  • Garage Type: Attached
  • Garage: 2.00

Utilities

  • Sprinklers: Full Sprinklers
  • Heating/Cooling: Forced Air, Natural Gas
  • Utilities: ElectricityAvailable, NaturalGasAvailable, Cable TV, Telephone, Underground Utility, Water-Flat Rate
  • Water Heater: Natural Gas

Condo/Co-op/Association

  • HOA Fees: 1614.00
  • Hoa Amenities: Pool, Tennis, Spa, Security, Beach, Boat Launch, Marina, Park
  • Hoa Fee Frequency: Quarterly
  • H O A Includes: Water

Lot Info

  • Acres: 0.2100
  • Lot Measurement: Square Feet
  • Lot Sq Ft: 9148.00
  • Price Per Acre: 8995238.10

Green Features

  • Green Features: Low E Windows

Tax Info

  • Assessor Parcel Number: 022251061000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2025
Closed on
Aug 25, 2025
Sold by
Michael And Solina Walton Family Living and Walton Michael
Bought by
Heather M Abernathy Living Trust and Abernathy
Seller's Agent
Adele Lucas
Chase International - South La
Buyer's Agent
William Wilkes
eXp Realty of Northern CA
List Price
$1,999,000
Sold Price
$1,889,000
Premium/Discount to List
-$110,000
-5.5%
Views
113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-22.85%

Purchase Details

Closed on
Oct 5, 2017
Sold by
Walton Michael and Walton Solina
Bought by
Walton Michael and Walton Solina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$566,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 2015
Sold by
Walton Solina
Bought by
The Michael & Solina Walton Family Livin

Purchase Details

Closed on
Mar 5, 2002
Sold by
Walton Michael
Bought by
Walton Solina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$564,000
Interest Rate
6.25%

Purchase Details

Closed on
Mar 1, 2002
Sold by
Montalbano Paul and Montalbano Cynthia A
Bought by
Walton Solina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$564,000
Interest Rate
6.25%

Purchase Details

Closed on
May 5, 1995
Sold by
Montalbano Paul and Montalbano Cynthia A
Bought by
Montalbano Paul and Montalbano Cynthia A
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,889,000 Title Forward Of California In
Interfamily Deed Transfer -- Fidelity National Fair Oaks
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Fidelity National Title Co
Grant Deed $705,000 Fidelity National Title Co
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $535,000 New Conventional
Previous Owner $566,000 New Conventional
Previous Owner $590,000 New Conventional
Previous Owner $100,000 Credit Line Revolving
Previous Owner $575,000 Unknown
Previous Owner $566,000 Unknown
Previous Owner $564,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2025 08/29/25 Sold $1,889,000 -5.5% $762 / Sq Ft
08/04/2025 08/04/25 Pending -- -- --
03/27/2025 03/27/25 For Sale $1,999,000 -- $806 / Sq Ft
Source: South Tahoe Association of REALTORS®

Tax History Compared to Growth

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
2025 $10,902 $1,041,471 $480,109 $561,362
2024 $10,902 $1,021,051 $470,696 $550,355
2023 $10,712 $1,001,031 $461,467 $539,564
2022 $10,606 $981,404 $452,419 $528,985
2021 $10,441 $962,162 $443,549 $518,613
2020 $10,289 $952,297 $439,001 $513,296
2019 $10,239 $933,626 $430,394 $503,232
2018 $10,009 $915,320 $421,955 $493,365
2017 $9,851 $897,374 $413,682 $483,692
2016 $8,593 $782,500 $360,500 $422,000
2015 $8,629 $782,500 $360,500 $422,000
2014 $8,525 $790,500 $360,500 $430,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Tahoe Association of REALTORS®

MLS Number: 141334

South Tahoe Association of REALTORS®

APN: 022-251-061-000