$790,000
OPEN SAT 10AM - 12:30PM $10K PRICE INCREASE

489 Tahoe Keys Blvd Unit 55 South Lake Tahoe, CA 96150

Estimated payment $5,850/month

Total Views 433
2 Beds
2.5 Baths
1,521 Sq Ft
$519 Price per Sq Ft

Highlights

  • Beach
  • Pier or Dock
  • Home fronts a lagoon or estuary
  • Boat or Launch Ramp
  • Boat Slip
  • Lagoon View

About This Home

Inviting Exceptional Two-Unit Property in Tahoe KeysDiscover a unique opportunity to own a remarkable property in Tahoe Keys, featuring **two separate living units** included in the price. This versatile setup is ideal for families, guests, or rental potential.Downstairs Unit:The charming studio unit offers private entry, a full kitchen, great room and sliding glass door that opens to a grassy area, providing direct access through gates to your private docks. Enjoy breathtaking views of the mountains, tranquil waters, and scenic docks, creating a perfect retreat for relaxation. Full kitchen.Upstairs Unit:The spacious two-bedroom, one-and-a-half-bath unit features stunning views from every window, showcasing the majestic mountains and serene canals. With some tasteful upgrades, this unit includes a cozy gas fireplace and access to two upper decks, perfect for entertaining or enjoying the fresh mountain air. The downstairs patio overlooks the channel waters, docks, and beautiful mountain backdrop, providing an ideal outdoor space for gatherings.Key Features Include:- Two distinct living units - Vaulted ceilings in the upstairs unit - Single-car garage - Two (2) private docks for your convenience Community Amenities:As part of the Tahoe Keys community, you'll have access to a variety of exceptional amenities, including private beaches, tennis courts, Pickleball, volleyball, and both indoor and outdoor swimming pools. With 24/7 security, you can enjoy peace of mind while taking advantage of all the recreational activities and natural beauty this vibrant neighborhood has to offer.This well-maintained property boasts breathtaking panoramic views of the mountains, picturesque keys channels, and the stunning Sierra Nevada mountains year-round. Don't miss your chance to own this incredible two-unit property in Tahoe Keysyour perfect slice of paradise awaits!

Listing Agent

Tiffany Grimes

Re/Max Gold - KB License #01195216 Listed on: 09/20/2025

Re/Max Gold - KB

Open House Schedule

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,978

Year Built

  • Built in 1975

Lot Details

  • 871 Sq Ft Lot
  • Home fronts a lagoon or estuary
  • Sprinkler System
  • Lawn

HOA Fees

  • $1,346 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Additional Parking

Property Views

  • Lagoon
  • Mountain

Home Design

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

Interior Spaces

  • 1,521 Sq Ft Home
  • 3-Story Property
  • Vaulted Ceiling
  • Fireplace
  • Double Pane Windows
  • Laundry in Hall

Kitchen

  • Oven
  • Electric Range
  • Built-In Microwave
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Laminate
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Boat or Launch Ramp
  • Boat Slip
  • Deck

Utilities

  • Forced Air Heating System
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 022421056000

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

Recreation

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

Additional Features

  • Clubhouse
  • Security Service

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,978

Year Built

Built in 1975

Lot Details

0

HOA Fees

$1,346 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Subtype: Townhouse
  • Location: Backs to Lagoon
  • Countertops: Tile
  • Property Disclaimer: Information has not been verified, is not guaranteed, and is subject to change.
  • Stories: 3
  • Year Built: 1975
  • Directions: Lake Tahoe Blvd to Tahoe Keys Blvd turn into parking lot 489 park anywhere unit on right #55
  • OFFICELIST_STATE: CA
  • FILLSUBDIVISION: Cove South Townhouses
  • Special Features: OpenHouse
  • Property Sub Type: Townhouses

Interior Features

  • Floor Covering: Tile, Wood, Natural Stone, Laminate
  • Windows: Double Pane
  • Bedrooms: 2
  • Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Kitchen: Garbage Disposal, Microwave Built-in, Dishwasher Built-in, Electric Range, Single Oven
  • Fireplace Description: Gas, Insert
  • Laundry Location: Hall Closet
  • Price Per Square Foot: 519.40
  • Square Footage: 1521.00

Exterior Features

  • Construction: Wood Frame
  • Exterior: Boat Slip
  • Foundation: Slab
  • Landscaped: Lawn
  • Patio Deck: Deck
  • Roof: Pitched, Composition
  • Views: Mountains, Lagoon

Garage/Parking

  • Garage Type: Detached
  • Garage: 1.00

Utilities

  • Sprinklers: Full Sprinklers
  • Heating/Cooling: Forced Air
  • Utilities: ElectricityAvailable, NaturalGasAvailable, Cable TV
  • Water Heater: Natural Gas

Condo/Co-op/Association

  • HOA Fees: 4037.00
  • Hoa Amenities: Pool, Tennis, Spa, Club House, Additional Parking, Security, Beach, Pier, Boat Launch
  • Hoa Fee Frequency: Quarterly
  • H O A Includes: Water, Exterior Maintenance, Snow Removal, Roof Repairs, Refuse, Insurance

Association/Amenities

  • Entry Level Unit: 55

Lot Info

  • Acres: 0.0200
  • Lot Measurement: Square Feet
  • Lot Sq Ft: 871.00
  • Price Per Acre: 39500000.00

Tax Info

  • Assessor Parcel Number: 022421056000

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
2025 $3,978 $373,875 $98,061 $275,814
2024 $3,978 $366,545 $96,139 $270,406
2023 $3,903 $359,358 $94,254 $265,104
2022 $3,871 $352,312 $92,406 $259,906
2021 $3,811 $345,405 $90,595 $254,810
2020 $3,756 $341,865 $89,667 $252,198
2019 $3,738 $335,162 $87,909 $247,253
2018 $3,655 $328,591 $86,186 $242,405
2017 $3,598 $322,149 $84,497 $237,652
2016 $3,525 $315,834 $82,841 $232,993
2015 $3,488 $311,093 $81,598 $229,495
2014 $4,539 $337,500 $85,000 $252,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2025 09/21/25 Price Changed $790,000 +1.3% $519 / Sq Ft
09/20/2025 09/20/25 For Sale $780,000 +155.7% $513 / Sq Ft
02/28/2014 02/28/14 Sold $305,000 +1.7% $201 / Sq Ft
01/24/2014 01/24/14 Pending -- -- --
01/10/2014 01/10/14 For Sale $300,000 -- $197 / Sq Ft
Source: South Tahoe Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $305,000 Servicelink
Trustee Deed $388,900 None Available
Trustee Deed $388,900 None Available
Interfamily Deed Transfer -- Placer Title Company
Quit Claim Deed -- --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $480,000 New Conventional
Source: Public Records

Source: South Tahoe Association of REALTORS®

MLS Number: 142208

South Tahoe Association of REALTORS®

APN: 022-421-056-000