Waterfront Living in Tahoe Keys: Inside 357 Ala Wai Blvd #234, South Lake Tahoe

Waterfront Living in Tahoe Keys: Inside 357 Ala Wai Blvd #234, South Lake Tahoe

Property Overview: 357 Ala Wai Blvd #234

Located in the heart of Tahoe Keys, this beautifully renovated townhome delivers the lifestyle buyers come to Lake Tahoe for: water, mountains, and effortless indoor-outdoor living.

  • Price: $748,000
  • Bedrooms: 3
  • Bathrooms: 2
  • Size: 1,400 sq ft
  • Year Built: 1966

This residence combines classic Tahoe architecture with modern finishes, creating a space that feels both elevated and approachable.


Why Tahoe Keys Real Estate Is So Desirable

Tahoe Keys is one of the only neighborhoods in South Lake Tahoe offering direct water access and private docks, making it a top choice for:

  • Boating enthusiasts
  • Second-home buyers
  • Vacation rental investors
  • Luxury lifestyle seekers

Homes here provide a unique waterfront lifestyle without sacrificing proximity to ski resorts, beaches, and dining.


Standout Features of This Listing

1. Private Boat Dock + Lake Access

One of the most compelling features is the private shared boat dock, giving you direct access to Lake Tahoe’s waterways—an amenity that significantly increases both lifestyle value and resale potential.

2. Fully Renovated Interior

This home has been thoughtfully updated with:

  • Modern finishes
  • Open-concept living
  • Abundant natural light
  • Wood-beamed ceilings

The design balances contemporary style with Tahoe charm, making it move-in ready.

3. Flexible Floor Plan

The layout includes a main-level en-suite bedroom, ideal for:

  • Guests
  • Multigenerational living
  • Single-level convenience

This is a major advantage compared to many multi-story Tahoe properties.

4. Indoor-Outdoor Lifestyle

With filtered lake views and proximity to outdoor recreation, this home is built for year-round enjoyment—from summer boating to winter skiing.


Living in South Lake Tahoe

South Lake Tahoe continues to attract buyers due to its balance of natural beauty and year-round amenities. The local market shows strong demand, with median listing prices around $750,000, aligning closely with this property’s price point.

Residents enjoy:

  • World-class skiing (Heavenly Mountain Resort nearby)
  • Hiking, biking, and water sports
  • Casinos, dining, and entertainment
  • Easy access from Northern California

Investment Potential

Properties in Tahoe Keys are especially attractive for buyers seeking:

  • Short-term rental income (where permitted)
  • Second homes with appreciation potential
  • Low-maintenance waterfront living

With its upgrades, location, and dock access, this home stands out as a turnkey investment opportunity.


Who This Home Is Perfect For

This listing is ideal for:

  • Buyers seeking a Tahoe waterfront lifestyle under $1M
  • Investors looking for high-demand locations
  • Families wanting a low-maintenance second home
  • Boaters who value direct lake access

Final Thoughts

357 Ala Wai Blvd #234 represents a rare opportunity to own a renovated waterfront townhome in Tahoe Keys—a combination that’s increasingly difficult to find at this price point.

With its modern upgrades, flexible layout, and coveted boat dock, this property delivers both lifestyle and long-term value in one of Lake Tahoe’s most sought-after communities.

 

Interested in learning more about this Tahoe Keys waterfront home or scheduling a private showing?

Click here for the full listing to learn more and see more photos.

Contact Gregory Ochoa today to explore this opportunity and discover other exclusive listings in South Lake Tahoe.

 

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