$750,000
SOLD APR 24, 2025

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

3 Beds
2.5 Baths
1,521 Sq Ft
$1,939/mo HOA Fee

Recently Sold

$493 Per Sq Ft

5% Below List Price

32 Days on Market

Highlights

  • Marina
  • Boat or Launch Ramp
  • Lake View
  • Boat Dock
  • Boat Slip
  • Clubhouse

About This Home

As of April 2025

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.

Last Agent to Sell the Property

Anna Karelis

Engel & Völkers License #02147542 Listed on: 03/05/2025

Engel & Völkers

Last Buyer's Agent

Anna Karelis

Engel & Völkers License #02147542 Listed on: 03/05/2025

Engel & Völkers

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $8,740

Year Built

  • Built in 1973

Lot Details

  • 436 Sq Ft Lot
  • Landscaped
  • Sprinkler System

HOA Fees

  • $1,939 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Additional Parking

Property Views

  • Lake
  • Lagoon
  • Canal
  • Mountain
  • Meadow

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,521 Sq Ft Home
  • 3-Story Property
  • Vaulted Ceiling
  • Self Contained Fireplace Unit Or Insert
  • Double Pane Windows
  • Entrance Foyer
  • Combination Dining and Living Room
  • Laundry in Hall

Kitchen

  • Electric Range
  • Dishwasher
  • Butcher Block Countertops
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Boat or Launch Ramp
  • Boat Slip
  • Docks
  • Deck
  • Covered Patio or Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 022411014000

Community Details

Overview

  • Association fees include water, exterior maintenance, snow removal, roof repairs, refuse, insurance
  • Cove South Townhouses Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Sauna
  • Clubhouse

Recreation

  • Boat Dock
  • Pier or Dock
  • Marina
  • Beach
  • Tennis Courts
  • Community Pool
  • Community Spa
  • Park

Security

  • Security Service

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,740

Year Built

Built in 1973

Lot Details

0

HOA Fees

$1,939 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Subtype: Townhouse
  • Location: Water Front
  • Additional Features: Garage Door Opener, Vaulted Ceilings, Open Beam
  • AV Comments: On-site
  • AV Surveillance: Yes
  • Countertops: Tile, Butcher Block
  • Property Disclaimer: Information has not been verified, is not guaranteed, and is subject to change.
  • Stories: 3
  • Year Built: 1973
  • Directions: Tahoe Keys Blvd. turns left to Ala Wai Blvd, first right is the parking, the townhome is next to the indoor pool building.
  • OFFICELIST_STATE: CA
  • FILLSUBDIVISION: Cove South Townhouses
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Floor Covering: Carpet, Laminate
  • Windows: Double Pane
  • Master Bedroom: Yes
  • Bedrooms: 3
  • Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Kitchen: Garbage Disposal, Dishwasher Built-in, Electric Range
  • Additional Rooms: Living/Dining Combo, Entry/Foyer
  • Fireplace Description: Insert - Gas
  • Laundry Location: Hall Closet
  • Price Per Square Foot: 493.10
  • Square Footage: 1521.00

Exterior Features

  • Construction: Wood Frame, Wood Siding
  • Exterior: Boat Slip, Boat Dock
  • Foundation: Slab
  • Landscaped: Fully Landscaped
  • Patio Deck: Patio, Deck, Covered, Uncovered
  • Roof: Composition
  • Views: Canal, Mountains, Lagoon, Meadow, Lake

Garage/Parking

  • Garage Type: Attached
  • Garage: 1.00

Utilities

  • Sprinklers: Full Sprinklers
  • Heating/Cooling: Forced Air, Natural Gas, Fireplace
  • Utilities: ElectricityAvailable, NaturalGasAvailable, City Water, City Sewer, Cable TV, Telephone, High Speed Internet

Condo/Co-op/Association

  • HOA Fees: 5817.00
  • Hoa Amenities: Pool, Tennis, Sauna, Spa, Club House, Additional Parking, Security, Beach, Dock, Pier, Boat Launch, Marina, Park
  • Hoa Fee Frequency: Quarterly
  • H O A Includes: Water, Exterior Maintenance, Snow Removal, Roof Repairs, Refuse, Insurance

Association/Amenities

  • Entry Level Unit: 79

Lot Info

  • Acres: 0.0100
  • Lot Measurement: Square Feet
  • Lot Sq Ft: 436.00
  • Price Per Acre: 75000000.00
  • Zoning: Single Family

Tax Info

  • Assessor Parcel Number: 022411014000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2025
Closed on
Apr 21, 2025
Sold by
Kovacs John
Bought by
Parmenter Karen M
Seller's Agent
Anna Karelis
Engel & Völkers
Buyer's Agent
Anna Karelis
Engel & Völkers
List Price
$788,000
Sold Price
$750,000
Premium/Discount to List
-$38,000
-4.82%
Views
32
Current Estimated Value
$772,673

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,673
Avg. Annual Appreciation
6.14%
Original Mortgage
$562,500
Outstanding Balance
$560,003
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$212,670

Purchase Details

Listed on
Mar 5, 2025
Closed on
Apr 9, 2025
Sold by
Gregory Michelle S and Gregory Shelby
Bought by
Parmenter Karen M
Seller's Agent
Anna Karelis
Engel & Völkers
Buyer's Agent
Anna Karelis
Engel & Völkers
List Price
$788,000
Sold Price
$750,000
Premium/Discount to List
-$38,000
-4.82%
Views
32

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,500
Outstanding Balance
$560,003
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$212,670

Purchase Details

Listed on
Oct 18, 2021
Closed on
Dec 13, 2021
Sold by
Kurywchak Cheryl and Kurywchak Daniel
Bought by
Gregory Michelle S and Gregory Shelby
Seller's Agent
Matthew Lucksinger
Lake Valley Properties
Buyer's Agent
Chris & Brooke Hernandez
Compass
List Price
$825,000
Sold Price
$785,000
Premium/Discount to List
-$40,000
-4.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.36%
Original Mortgage
$487,267
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 2011
Sold by
Kurywchak Daniel A and Kurywchak Cheryl A
Bought by
Kurywchak Cheryl and Kurywchak Daniel

Purchase Details

Closed on
Feb 24, 2011
Sold by
Hubbard Eben R and Hubbard Jean M
Bought by
Kurywchak Cheryl and Hubbard Family Living Trust

Purchase Details

Closed on
Aug 10, 2004
Sold by
Hubbard E R and Hubbard Jean M
Bought by
Hubbard Eben R and Hubbard Jean M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,000
Interest Rate
4.33%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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 -- Placer Title
Grant Deed $750,000 Placer Title
Grant Deed $785,000 Old Republic Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Alliance Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $562,500 New Conventional
Previous Owner $487,267 New Conventional
Previous Owner $61,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/24/2025 04/24/25 Sold $750,000 +49900.0% $493 / Sq Ft
04/06/2025 04/06/25 Pending -- -- --
03/10/2025 03/10/25 Off Market $1,500 -- --
03/05/2025 03/05/25 For Sale $788,000 0.0% $518 / Sq Ft
02/22/2025 02/22/25 Price Changed $1,500 -16.7% $3 / Sq Ft
01/31/2025 01/31/25 For Rent $1,800 0.0% --
01/14/2025 01/14/25 For Rent $1,800 0.0% --
12/21/2021 12/21/21 Sold $785,000 -4.8% $516 / Sq Ft View Prior Sale
11/19/2021 11/19/21 Pending -- -- --
10/18/2021 10/18/21 For Sale $825,000 -- $542 / 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 $8,740 $833,047 $196,323 $636,724
2024 $8,740 $816,714 $192,474 $624,240
2023 $8,582 $800,700 $188,700 $612,000
2022 $8,503 $785,000 $185,000 $600,000
2021 $2,587 $231,553 $46,292 $185,261
2020 $2,550 $229,180 $45,818 $183,362
2019 $2,538 $224,687 $44,920 $179,767
2018 $2,482 $220,283 $44,040 $176,243
2017 $2,443 $215,965 $43,177 $172,788
2016 $2,395 $211,731 $42,331 $169,400
2015 $2,369 $208,553 $41,697 $166,856
2014 $2,274 $204,470 $40,881 $163,589
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Tahoe Association of REALTORS®

MLS Number: 141249

South Tahoe Association of REALTORS®

APN: 022-411-014-000