$5,500,000
SOLD DEC 27, 2024

2157 Balboa Dr South Lake Tahoe, CA 96150

5 Beds
5.5 Baths
4,900 Sq Ft
0.29 Acres

Recently Sold

$1,122 Per Sq Ft

21% Below List Price

213 Days on Market

Highlights

  • Marina
  • Docks
  • Pier or Dock
  • Views of Ski Resort
  • Boat or Launch Ramp
  • Home fronts a lagoon or estuary

About This Home

As of December 2024

This exquisite waterfront home epitomizes luxury living with its unrivaled combination of breathtaking views, convenient lake access, and meticulous craftsmanship. Situated against the backdrop of the majestic Mt.Tallac and Maggies Peaks, every corner of this recently and extensively remodeled retreat exudes elegance and sophistication.Stepping inside, the expansive great room immediately captivates with its soaring ceilings, oversized windows, radiant heat and cool floors, and panoramic vistas offering the perfect setting for both intimate gatherings and grand celebrations alike.The heart of the home is undoubtedly the gourmet kitchen, a chef's dream, featuring top-of-the-line appliances, sleek quartzite counters and a spacious heated island perfect for culinary creations. Adjacent to the main kitchen lies a discreet butler's kitchen, equipped with additional appliances and and ample storage space.With five spacious bedrooms and five and a half baths, this residence accommodates family and guests. Each ensuite bedroom is a sanctuary unto itself, offering privacy, comfort and breathtaking views of the surrounding landscape. The primary suite is a true oasis, complete with a spa-like bath, a cozy fireplace and a private balcony overlooking the shimmering waters.Outside, the large deck beckons for al fresco dining and relaxation. With direct lake access, adventure awaits just beyond your doorstep. Spend your days boating, paddle boarding or kayaking on the pristine waters of Lake Tahoe or simply relax on your expansive boat dock and watch the world go by.With its prime location in the prestigious Tahoe Keys community, residents can enjoy exclusive access to a host of amenities including private beaches, marina, swimming pools, parks, and tennis/pickleball courts. Truly, you'll find the perfect blend of luxury and leisure here.

Last Agent to Sell the Property

Adele Lucas

Chase International - SLT License #00838770

Last Buyer's Agent

Adele Lucas

Chase International - SLT License #00838770

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,063

Year Built

  • Built in 1961

Lot Details

  • 0.29 Acre Lot
  • Home fronts a lagoon or estuary
  • Cul-De-Sac
  • Landscaped
  • Sprinkler System

HOA Fees

  • $420 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Property Views

  • Lagoon
  • Ski Resort
  • Canal
  • Mountain

Home Design

  • Flat Roof Shape
  • Wood Frame Construction
  • Pitched Roof
  • Composition Roof
  • Wood Siding
  • Metal Siding

Interior Spaces

  • 4,900 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Self Contained Fireplace Unit Or Insert
  • Double Pane Windows
  • Entrance Foyer
  • Great Room
  • Family Room
  • Combination Dining and Living Room
  • Home Office
  • Game Room
  • Crawl Space
  • Home Security System
  • Laundry Room

Kitchen

  • Double Oven
  • Gas Range
  • Built-In Microwave
  • Built-In Refrigerator
  • Dishwasher
  • Granite Countertops
  • Prep Sink
  • Disposal

Flooring

  • Wood
  • Radiant Floor
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Jetted Tub in Primary Bathroom
  • Steam Shower

Outdoor Features

  • Boat or Launch Ramp
  • Docks
  • Deck
  • Patio
  • Front Porch

Utilities

  • Evaporated cooling system
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Underground Utilities
  • Community Well
  • Natural Gas Water Heater
  • Water Heated On Demand
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 022061057000

Community Details

Overview

  • Association fees include water
  • Tahoe Keys 01 Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Pier or Dock
  • Marina
  • Beach
  • Tennis Courts
  • Community Pool
  • Community Spa
  • Park

Security

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,063

Year Built

Built in 1961

Lot Details

0

HOA Fees

$420 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Subtype: Single Family Residence
  • Location: Cul-De-Sac, Water Front, Backs to Lagoon
  • Additional Features: Garage Door Opener, Security System, Vaulted Ceilings, Open Beam
  • Countertops: Granite
  • Master Bdrm Features: Primary Bath, Double Sinks, Jetted Tub, Slab Counters, Steam Shower, Walk-In Closet
  • Property Disclaimer: Information has not been verified, is not guaranteed, and is subject to change.
  • Stories: 2
  • Year Built: 1961
  • OFFICELIST_STATE: CA
  • FILLSUBDIVISION: Tahoe Keys 01
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Floor Covering: Tile, Wood, Natural Stone
  • Windows: Double Pane
  • Master Bedroom: Yes
  • Bedrooms: 5
  • Bathrooms: 6.00
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Kitchen: Garbage Disposal, Refrigerator Blt-in, Microwave Built-in, Dishwasher Built-in, Gas Range, Double Oven, Veggie Sink
  • Additional Rooms: Office/Den, Living Room, Living/Dining Combo, Game Room, Entry/Foyer, Family Room, Great Room
  • Fireplace Description: Insert - Gas
  • Laundry Location: Laundry Room
  • Price Per Square Foot: 1122.45
  • Square Footage: 4900.00

Exterior Features

  • Construction: Wood Frame, Wood Siding, Metal Siding
  • Exterior: Boat Dock
  • Foundation: Concrete/Crawl Space
  • Landscaped: Fully Landscaped
  • Patio Deck: Patio, Deck, Front Porch
  • Roof: Pitched, Flat, Composition
  • Views: Canal, Mountains, Lagoon, Ski Resort

Garage/Parking

  • Garage Type: Attached
  • Garage: 2.00

Utilities

  • Sprinklers: Full Sprinklers
  • Heating/Cooling: Natural Gas, Radiant Heat-Floor, Evaporative Cooling
  • Utilities: ElectricityAvailable, NaturalGasAvailable, Well - Community, City Sewer, Cable TV, Telephone, High Speed Internet, Underground Utility, Water-Flat Rate
  • Water Heater: Natural Gas

Condo/Co-op/Association

  • HOA Fees: 1261.00
  • Hoa Amenities: Pool, Tennis, Spa, Security, Beach, Pier, Boat Launch, Marina, Park
  • Hoa Fee Frequency: Quarterly
  • H O A Includes: Water

Lot Info

  • Acres: 0.2900
  • Lot Measurement: Square Feet
  • Lot Sq Ft: 12632.00
  • Price Per Acre: 18965517.24

Green Features

  • Green Features: Radiant Heat, On Demand H2O Heater

Tax Info

  • Assessor Parcel Number: 022061057000

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2024 12/27/24 Sold $5,500,000 -8.3% $1,122 / Sq Ft
11/24/2024 11/24/24 Pending -- -- --
11/01/2024 11/01/24 Price Changed $5,995,000 -7.5% $1,223 / Sq Ft
06/13/2024 06/13/24 Price Changed $6,480,000 -7.4% $1,322 / Sq Ft
04/25/2024 04/25/24 For Sale $6,998,000 -- $1,428 / Sq Ft
Source: South Tahoe Association of REALTORS®

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $26,063 $2,454,139 $1,059,741 $1,394,398
2023 $25,606 $2,406,019 $1,038,962 $1,367,057
2022 $25,353 $2,358,843 $1,018,591 $1,340,252
2021 $24,958 $2,312,592 $998,619 $1,313,973
2020 $24,594 $2,288,880 $988,380 $1,300,500
2019 $24,474 $2,244,000 $969,000 $1,275,000
2018 $23,923 $2,200,000 $950,000 $1,250,000
2017 $7,097 $644,021 $303,921 $340,100
2016 $6,952 $631,394 $297,962 $333,432
2015 $6,597 $621,913 $293,488 $328,425
2014 $6,597 $609,733 $287,740 $321,993
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,000,000 New Conventional
Source: Public Records

Deed History

Date Type Sale Price Title Company
Grant Deed $5,500,000 Old Republic Title
Grant Deed $2,200,000 Placer Title Company
Interfamily Deed Transfer -- --
Source: Public Records

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Source: South Tahoe Association of REALTORS®

MLS Number: 140004

South Tahoe Association of REALTORS®

APN: 022-061-057-000