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

> **TL;DR:** 2bd/2ba townhouse, $648,000 ($640/sqft), built 1966, 1,012 sqft.
> Fireplace, View. Est. $4,508/mo. Listed 29 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $648,000 |
| Price/sqft | $640 |
| Bedrooms | 2 |
| Bathrooms | 1 full, 1 half |
| Square Feet | 1,012 |
| Year Built | 1966 |
| Lot Size | 1,307 sqft (0.03 acres) |
| Property Type | Townhouse (Townhouse) |
| Status | For Sale |
| Days on Market | 29 |

## Why This Home Stands Out

- **Views** - Mountains

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $2,808 |
| HOA | $1,700 |
| **Total** | **$4,508** |

## Key Amenities

- Fireplace
- View

## Property Highlights

- Built in 1966
- 0.03 acre lot
- Fireplace

## Description

### Agent 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

- **Address:** 357 Ala Wai Boulevard, South Lake Tahoe, CA 96150
- **County:** El Dorado
- **Coordinates:** 38.937502, -120.005733
- **Google Maps:** https://www.google.com/maps?q=38.937502,-120.005733

## Listing Agent

- **Name:** Mark Salmon
- **Brokerage:** Compass
- **Phone:** (310) 230-5478
- **Email:** kathy@compass.com

## Primary Photo

![357 Ala Wai Boulevard - Primary Photo](http://lh.rdcpix.com/1c6b0c5b0dcfa92977ca427ccf80c366l-f2506757271r.jpg)

*37 total photos available on [listing page](https://www.propertysimple.com/listing/357-ala-wai-boulevard-south-lake-tahoe-ca-96150-a142844)*

---

**MLS#:** 142844 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 South Tahoe Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/357-ala-wai-boulevard-south-lake-tahoe-ca-96150-a142844)

---

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