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439 Ala Wai Boulevard #138, 
South Lake Tahoe, CA 96150

$987,000


3

Beds


3

Baths


1,462

Sq Ft


Townhouse

Active

Listed by

Mark A Salmon

Compass

Last updated:

August 27, 2025, 04:34 PM

MLS#

142128

Source:

CA STAR

About This Home

439 Ala Wai Boulevard #138

This is not just another Tahoe Keys townhome---it's arguably the finest ever offered. Positioned on the edge of the marina, this residence delivers rare, sweeping views of Lake Tahoe and Mt. Tallac from the back, and Heavenly's slopes from the front. From your door, it's only a short cruise to the lake, with effortless access to a private 30' boat slip that accommodates multiple vessels or toys. Add to that the planned full marina reconstruction in 2027, and the setting becomes even more compelling.- -Completely reimagined from top to bottom, the home showcases all new Andersen 100 Series windows with Hunter Douglas electric blinds, smooth level-5 walls, fresh paint, and wide-plank oak flooring throughout. The design embraces a coveted downstairs living layout, allowing you to walk directly from the front entry to the dock without a single stair.- -The kitchen is a showpiece---ceiling heights raised, recessed lighting, custom cabinetry, farmhouse sink, slab quartz counters, and premium appliances finished with brushed-gold accents. Steps away, a cedar-lined infrared sauna with custom glass doors is cleverly tucked under the staircase. The living area features painted open beams with pine tongue-and-groove detailing and a new granite-faced gas fireplace anchoring the room.- -A plush guest bedroom and an exquisitely remodeled bath complete the lower level, with touches that include shaker doors, contrasting black iron hardware, and a curbless custom-tiled shower. Upstairs, a hall laundry station and new tankless water heater serve two additional bedrooms. One is designed as a playful bunk/media retreat with built-ins, oversized screen, popcorn machine, and beanbags. The primary suite offers a second fireplace, spa-like bath with dual vanities and walk-in shower, and a private covered balcony with a gas firepit to frame dramatic Tahoe sunsets.- -Selling fully furnished with top-of-the-line pieces, this residence is simply unmatched. For its size, design, and finish quality, nothing compares---this is the best value in the Tahoe Keys today.

Home Facts

Townhouse

3 Baths

3 Bedrooms

Built in 1971

Price Summary

987,000

$675 per Sq. Ft.

MLS #:

142128

Last Updated:

August 27, 2025, 04:34 PM

Added:

1 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3

Interior

Living Area:

1,462 Sq. Ft.


Structure

Structure

Building Area:

1,462 Sq. Ft.

Year Built:

1971


Lot

Lot Size (Sq. Ft):

871


Finances & Disclosures

Finances

Price:

$987,000

Price per Sq. Ft:

$675 per Sq. Ft.

Source:CA STAR
The information being provided by South Lake Tahoe Board of Realtors is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the South Lake Tahoe Board of Realtors. Compass is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Compass, a broker participant of South Lake Tahoe Board of Realtors. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by South Lake Tahoe Board of Realtors and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Properties in listings may have been sold or may no longer be available. Copyright 2025 South Lake Tahoe Board of Realtors. All rights reserved.

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