Mike Phillips

Broker | License ID: CA# 01369810, NV# B.145615

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$ 630,000

$ 648,000 2.8%

Est. payment -/mo

Sold on 07/16/2026

357 Ala Wai Boulevard #191 South Lake Tahoe, CA 96150

2 Beds

2 Baths

1,012 SqFt

UPDATED:

Key Details

Sold Price $630,000

Property Type Townhouse

Sub Type Townhouse

Listing Status Sold

Purchase Type For Sale

Square Footage 1,012 sqft

Price per Sqft $622

Subdivision Cove Townhouses 2 Res

MLS Listing ID 142844

Sold Date 07/16/26

Bedrooms 2

Full Baths 1

Half Baths 1

HOA Fees $1,700/mo

Year Built 1966

Lot Size 1,307 Sqft

Acres 0.03

Property Sub-Type Townhouse

Property Description

STR Update: The City of South Lake Tahoe's new STR ordinance is now in effect, and the City has not yet reached its 900-permit residential cap. Buyers interested in STR use should independently verify property eligibility, current permit availability, and application requirements directly with the City.Cove 2 is already one of the best positions in the Tahoe Keys, but this single-level townhome takes it a step further. Set in the 357 block of Ala Wai and about as close to Lake Tahoe as you can get within the Keys, this zero-stair residence offers rare ease, privacy, and immediate access to the water. Its end-unit setting avoids the boxed-in feel of sharing two common walls and opens to an oversized lagoon-front patio with space to dine, lounge, BBQ, store water toys, and actually enjoy the setting. The boat slip is the kind of detail that changes how you use the property. Just roughly 400 feet from the main channel out to Lake Tahoe, it keeps boating simple while framing a direct view toward Heavenly Ski Resort and distant Freel Peak. Tahoe Keys Marina is moments away with fuel, launch services, rentals, charters, and full marina support, while Suntex's planned 2027 renovation adds another layer of upside. The vision is a more polished marina experience with upgraded boating infrastructure, dining, retail, and gathering areas, all directly across the marina waterway and just a short paddleboard ride from this unit. Inside, the residence has been tastefully updated and comes completely turnkey with Restoration Hardware furnishings and elevated decor throughout. Recent improvements include new flooring, fresh paint, RH lighting, a Navien on-demand water heater, high-efficiency furnace, and custom built-in bunks that make the layout even more functional for family and guests. Across the street, Tahoe Keys amenities include the private beach, indoor and outdoor pools, tennis, pickleball, and more. Easy to use, hard to duplicate, and ready the moment you arrive.

Location

State CA

County El Dorado

Area Tahoe Keys

Rooms

Bedroom Description Primary Bath,Other/See Remarks

Other Rooms Living Room, Entry/Foyer

Kitchen Garbage Disposal, Refrigerator Blt-in, Microwave Built-in, Dishwasher Built-in, Electric Range

Interior

Heating Forced Air, Natural Gas

Cooling Forced Air, Natural Gas

Flooring Vinyl

Fireplaces Type Gas, Insert

Laundry Hall Closet

Exterior

Exterior Feature Storage Shed, Boat Dock

Parking Features None

Utilities Available ElectricityAvailable, NaturalGasAvailable, Well - Private, Cable TV, Telephone, Underground Utility

View Canal, Mountains, Ski Resort

Roof Type Pitched,Tile

Building

Story 1

Foundation Concrete/Crawl Space

Water Natural Gas

Others

Ownership Fee Simple

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Listed by Compass
Bought with Chase International - South Lake Tahoe

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We respect your privacy! Your information WiLL NOT BESHARED,SOLD, or REMTED to anyone, for any reasonoutside the course of normalreal ostate exchange,Bysubmitting, you agree to our Terms of Use and PrlvacyPolicy.

Mike Phillips

Broker | License ID: CA# 01369810, NV# B.145615

+1(530) 545-1389 | mikephillips530@gmail.com

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357 Ala Wai Boulevard #191 South Lake Tahoe, CA 96150

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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357 Ala Wai Boulevard #191