Curious about this home?

Ask anything — no agents, no pressure

Try asking

About This Home

This 3-bedroom, 2-bathroom townhouse at 357 Ala Wai Boulevard in South Lake Tahoe, CA is listed for $739,000 ($528 per sqft). Built in 1966, the home offers 1,400 sqft of living space on a 0.02 acres lot.

Agent Description

At the very end of the Tahoe Keys, the water feels less like an amenity and more like the setting. This townhome sits in the last cove before open water, where the walk to your boat slip comes with a view of Heavenly and the marina fuel dock is right on the way out.

The slip is protected by a rip rap stone wall rather than the steel bulkhead system, removing one of the biggest assessment unknowns for waterfront buyers. Inside, the home has the warmth people hope for in Tahoe without feeling overdone. The main level is reached without stairs and opens to a comfortable living area with exposed beams, pine ceilings, walnut-finish LVP flooring, and a brick surround gas fireplace.

The kitchen opens naturally to the living and dining areas, with knotty alder cabinetry, slab granite counters, stainless appliances, and an elevated bar for extra seating. The back deck carries the living space outside with room to barbecue and a small view of the lake.

Upstairs, the main bedroom has its own private balcony and lake view, with two additional bedrooms and a second bath nearby. The property is offered fully furnished and ready to use, down to the linens. Across the street, the Tahoe Keys amenities bring the private beach, pool, pier, courts, dog park, and marina lifestyle within easy reach. Add in the upcoming Suntex marina improvements and the City's updated VHR ordinance allowing condo and townhome STR permits, and the upside is hard to ignore.

Key Features

  • Built in 1966
  • 0.02 acre lot
  • Fireplace

Property Details

2 full
#209
1966

Amenities

FireplaceView

Monthly Cost Estimate

$5,652/mo

20% down · 6.5% · 30 years

Principal$534
Interest$3,202
Insurance$216
HOA$1,700

Estimates only. Actual payments may vary.

Location

357 Ala Wai Boulevard

South Lake Tahoe, CA 96150

Features & Amenities

Interior Features

High Speed InternetOpen Beam

Exterior Features

Boat Slip

Property Details

Flooring

VinylCarpet

Construction

Wood Frame Wood Siding

Views

LakeMountains

Pool Features

PorchPatioDeck

Heating

Natural GasForced Air

Questions & Answers

This 3-bedroom, 2-bathroom townhouse at 357 Ala Wai Boulevard is listed at $739,000 ($528/sqft). The estimated monthly payment is $4,902 based on 20% down at 6.5% interest.

HOA fees are $1700/month.

Key features include: Built in 1966, 0.02 acre lot, Fireplace. Interior Features: High Speed Internet, Open Beam. Exterior Features: Boat Slip.

This property is listed by Mark Salmon and can be reached at (310) 230-5478 or kathy@compass.com.

MS

Mark Salmon

Agent at Compass

(310) 230-5478

Listed by Compass · View on Broker Site

MLS# 142992· Source: listhub· Updated 4 days ago

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.

357 Ala Wai Boulevard, South Lake Tahoe, CA 96150

Open this listing in: