477 Ala Wai Boulevard #79 Save Request In-Person Tour Request Virtual Tour
South Lake Tahoe,CA 96150
Key Details
Property Type Townhouse
Sub Type Townhouse
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 1,521 sqft
Price per Sqft $525
Subdivision Cove South Townhouses
MLS Listing ID 139855
Bedrooms 3
Full Baths 2
Half Baths 1
HOA Fees $1,244/qua
Year Built 1973
Lot Size 436 Sqft
Acres 0.01
Property Description
Attention investors and visionaries! This waterfront townhouse offers a rare and exceptional investment opportunity. Among all the condos in Tahoe Keys, only 4 properties boast the distinction of being set up as two separate units. This unicorn stands as one of those rare four, making properties like this a precious find in the market.If you're interested in short-term rentals, this property could be an excellent option for the Hosted Rental program.The main unit comprises 2 bedrooms and 1.5 baths, offering comfortable and spacious living. Additionally, a separate studio with a full kitchen has been beautifully remodeled, showcasing laminate wood flooring, custom butcher block countertop, stainless steel appliances, and its own washer/dryer. This unique property comes with not one but two boat slips within steps away from the unit, a feature that sets it apart from the rest.And here's the cherry on top - both units are being sold fully furnished, ready to welcome new residents or renters with open arms.With numerous investment options, you can choose to rent both units separately or reside in one while renting out the other. A one-car garage adds practicality, providing ample storage space for all your Tahoe toys.As part of the Tahoe Keys HOA, residents enjoy exclusive amenities, including indoor and outdoor pools, a private homeowner's beach, parks, and tennis courts. Convenience meets leisure, as this unit is just steps away from the indoor pool and adjacent to a park-like common area, creating a backyard oasis. Nestled in Cove 4, with no assessments for the near future.Take in breathtaking views and sunsets from the two spacious decks, perfect for outdoor entertaining and BBQs with family and friends. The location is ideal, offering easy access to Heavenly Ski Resort, Heavenly Village, and the excitement of the nearby casinos. Don't miss this rare opportunity to invest in the perfect blend of Tahoe living and smart financial potential.
Location
State CA
County El Dorado
Area Tahoe Keys
Rooms
Bedroom Description Shower/Tub Combo
Kitchen Garbage Disposal,Microwave Built-in,Dishwasher Built-in,Electric Range,Single Oven
Interior
Heating Forced Air,Natural Gas,Fireplace
Cooling Forced Air,Natural Gas,Fireplace
Flooring Carpet,Laminate
Fireplaces Type Insert - Gas
Laundry Hall Closet
Exterior
Exterior Feature Boat Slip
Garage Attached
Garage Spaces 1.0
Utilities Available ElectricityAvailable,NaturalGasAvailable,City Water,City Sewer,Cable TV,Telephone,High Speed Internet
View Canal,Mountains
Roof Type Composition
Building
Story 3
Foundation Slab
Water Natural Gas
Others
Ownership Fee Simple