477 Ala Wai Boulevard 79 South Lake Tahoe CA 96150 MLS #139855

Attention investors and visionaries! This waterfront townhouse offers a rare and exceptional investment opportunity. Among all the condos in Tahoe Keys, only 4 properties boast the distinction of being set up as two separate units. This unicorn stands as one of those rare four, making properties like this a precious find in the market.If you’re interested in short-term rentals, this property could be an excellent option for the Hosted Rental program.The main unit comprises 2 bedrooms and 1.5 baths, offering comfortable and spacious living. Additionally, a separate studio with a full kitchen has been beautifully remodeled, showcasing laminate wood flooring, custom butcher block countertop, stainless steel appliances, and its own washer/dryer. This unique property comes with not one but two boat slips within steps away from the unit, a feature that sets it apart from the rest.And here’s the cherry on top – both units are being sold fully furnished, ready to welcome new residents or renters with open arms.With numerous investment options, you can choose to rent both units separately or reside in one while renting out the other. A one-car garage adds practicality, providing ample storage space for all your Tahoe toys.As part of the Tahoe Keys HOA, residents enjoy exclusive amenities, including indoor and outdoor pools, a private homeowner’s beach, parks, and tennis courts. Convenience meets leisure, as this unit is just steps away from the indoor pool and adjacent to a park-like common area, creating a backyard oasis. Nestled in Cove 4, with no assessments for the near future.Take in breathtaking views and sunsets from the two spacious decks, perfect for outdoor entertaining and BBQs with family and friends. The location is ideal, offering easy access to Heavenly Ski Resort, Heavenly Village, and the excitement of the nearby casinos. Don’t miss this rare opportunity to invest in the perfect blend of Tahoe living and smart financial potential.