Tahoe Keys & Tahoe Island Townhomes for Sale

Tahoe Keys & Tahoe Island Townhomes for Sale

Welcome to the enchanting realm of Tahoe Keys and Tahoe Island, two of South Lake Tahoe's most coveted neighborhoods, where stunning natural beauty meets luxurious living. Nestled in El Dorado County, California, these picturesque areas offer an idyllic lifestyle for those seeking a serene retreat in the heart of the Sierra Nevada.

Tahoe Keys is renowned for its breathtaking waterfront properties, complete with private docks and easy access to the sparkling waters of Lake Tahoe. This vibrant community is perfect for boating enthusiasts and nature lovers alike, with miles of scenic waterways and lush landscapes to explore. Residents enjoy a wealth of amenities, including tennis courts, swimming pools, and a clubhouse, creating a cohesive atmosphere that fosters a sense of belonging.

Just a stone's throw away, Tahoe Island boasts a charming blend of rustic charm and modern convenience. This tranquil neighborhood is characterized by its tree-lined streets and proximity to the lake, making it an ideal spot for families and outdoor enthusiasts. With easy access to hiking and biking trails, as well as nearby beaches, Tahoe Island offers endless opportunities for adventure and relaxation.

Currently, townhomes for sale in these areas present an incredible opportunity for those looking to invest in a slice of paradise. These beautifully designed residences combine comfort and style, featuring spacious layouts, modern finishes, and often stunning views of the surrounding landscape. Whether you're seeking a year-round home or a vacation getaway, Tahoe Keys and Tahoe Island provide the perfect backdrop for your dream lifestyle. Discover the magic of South Lake Tahoe today and make your home in this extraordinary region!

Newest Tahoe Keys & Tahoe Island Townhomes for Sale

3535 Lake Tahoe Boulevard Unit #445, South Lake Tahoe
$1,249,000
2 Beds ⋅ 2 Baths ⋅ 1,518 SqFt. ⋅ 226099251 MLS
Set along the crystal-clear shores of Lake Tahoe, this beautifully updated two-bedroom, two-bath townhome lives like a three, featuring a spacious loft that makes an ideal third bedroom. It's one of the rarest opportunities in South Lake Tahoe: a turnkey lakefront retreat fully approved for short-term vacation rentals. Located within the Tourist Core and grandfathered under Measure T, it is among the limited number of homes legally permitted to operate as a vacation rental, an increasingly valuable asset in today's market. Whether you're seeking a profitable investment, a personal mountain escape, or both, this property delivers. With a proven history of consistent rental income, the home is offered completely turnkey, including stylish furnishings, decor, housewares, and everything needed to begin enjoying or renting it immediately. Inside, soaring ceilings with exposed beams create an inviting mountain-lodge atmosphere, while expansive windows fill the living spaces with natural light. The open-concept floor plan centers around a cozy fireplace and flows to a private deck, the perfect setting for aprs-ski evenings, summer barbecues, or quiet mornings surrounded by towering pines. The recently remodeled kitchen features premium appliances, quartz countertops, abundant cabinetry, and generous workspace. The home comfortably sleeps up to seven across two spacious bedrooms and the versatile loft, complemented by two beautifully remodeled bathrooms and in-home laundry for extended stays and effortless guest turnovers. Beyond the home lies one of Lake Tahoe's most desirable resort communities. Lakeland Village spans 19 forested acres with over 1,000 feet of private sandy beach frontage, an amenity few properties can match. Owners and guests enjoy resort-style amenities including multiple pools, hot tubs, tennis courts, a fitness center, saunas, and a private pier. Leave the car behind and walk to restaurants, shopping, marinas, water sports, and El Dorado Beach, while Heavenly Mountain Resort and several of Tahoe's premier ski destinations are only minutes away. Summer days are spent boating, paddleboarding, and relaxing on the beach, while winter brings world-class skiing followed by evenings around the fire or soaking in the spa beneath the stars. Few South Lake Tahoe properties offer private lakefront living, resort amenities, and permitted rental status. Add proven income and turnkey furnishings, and the value speaks for itself.

3535 Lake Tahoe Boulevard Unit #445, South Lake Tahoe

Listing courtesy of Keller Williams Realty.

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All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. Broker has represented to MetroList that Broker has a valid listing signed by seller authorizing placement in the MLS. Above information is provided by Seller and/or other sources and has not been verified by Broker. Copyright 2026 MetroList Services, Inc. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of MetroList® MLS. All information has been provided by seller/other sources and has not been verified by broker. All interested persons should independently verify the accuracy of all information. Last updated .

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