Luxurious Tahoe Keys Waterfront Retreat – 2202 Balboa Drive —Nestled on one of the most desirable streets in the prestigious Tahoe Keys, 2202 Balboa Drive offers an exceptional combination of luxury, craftsmanship, and lakeside living. With 85 feet of water frontage, a private dock, an overwater deck, and a spacious yard, this property provides effortless lake access and rare privacy -an ideal South Lake Tahoe retreat. –Extensively renovated and expanded in 2015 by a respected local builder, the home showcases meticulous attention to design and detail throughout. The open-concept main level is designed for entertaining, with seamless flow between indoor and outdoor spaces. The chef’s kitchen features professional-grade Viking appliances, including a 48-inch, 8-burner range, a built-in refrigerator, hammered copper sink, and extensive knotty alder cabinetry. A large island bar provides casual seating and connects to the inviting living area, while a semi-formal dining space is perfect for family gatherings and holiday dinners. Also on the main level are a convenient office nook, pantry closet, full bathroom, laundry room, and guest bedroom for comfortable, flexible living. –Upstairs, a spacious family room overlooks the lagoon through a dramatic wall of windows and opens to a private balcony. Vaulted tongue-and-groove cedar ceilings, an Xtrordinair gas fireplace with a custom log mantle and solid stone surround, and built-in surround sound create a warm and inviting atmosphere. The adjacent wet bar features leathered granite counters, a beverage fridge, custom cork backsplash, and generous cabinetry ideal for entertaining. –The primary suite offers vaulted cedar ceilings, dual walk-in closets, and a luxurious ensuite bath with a freestanding soaking tub, double vanity, walk-in shower, and heated tile floors. A secondary bedroom suite includes an updated bathroom and balcony access, while a third bedroom and shared full bath complete the upper level. –Exterior upgrades include a lifetime composition roof, Milgard windows and sliding doors, and durable LP Smart Siding. The rare double-deep four-car garage features an 8-by-18-foot solid wood door and rear access to the backyard for easy launching and storage of kayaks and paddleboards. Interior finishes include solid knotty alder doors and millwork, hickory hardwood and travertine tile flooring, custom wainscoting, and numerous built-ins that highlight the home’s exceptional craftsmanship. –The backyard is a true outdoor oasis, with mature trees, a paver patio, a built-in BBQ and grilling station, and a relaxing hot tub. Enjoy stunning views of Mount Tallac, a sandy beach, and a U-shaped dock with space for multiple boats. This beautifully updated waterfront home combines comfort, quality, and location in one of Lake Tahoe’s mostsought-after communities. Don’t hesitate call for a showing today! &a
Property Details
Price:
$2,595,000
MLS #:
142306
Status:
Active
Beds:
4
Baths:
4
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
tahoekeys
Listed Date:
Nov 4, 2025
Finished Sq Ft:
3,285
Lot Size:
10,454 sqft / 0.24 acres (approx)
Year Built:
2015
See this Listing
Schools
Interior
Exterior
Financial
Map
Community
- Address2202 Balboa Drive South Lake Tahoe CA
- NeighborhoodTahoe Keys
- CitySouth Lake Tahoe
- CountyEl Dorado
- Zip Code96150
Market Summary
Current real estate data for Single Family in South Lake Tahoe as of Nov 06, 2025
147
Single Family Listed
111
Avg DOM
527
Avg $ / SqFt
$1,159,297
Avg List Price
Property Summary
- 2202 Balboa Drive South Lake Tahoe CA is a Single Family for sale in South Lake Tahoe, CA, 96150. It is listed for $2,595,000 and features 4 beds, 4 baths, and has approximately 3,285 square feet of living space, and was originally constructed in 2015. The current price per square foot is $790. The average price per square foot for Single Family listings in South Lake Tahoe is $527. The average listing price for Single Family in South Lake Tahoe is $1,159,297.
Similar Listings Nearby
Courtesy of Michael Keller of Keller Properties. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the South Tahoe Association of Realtors. Detailed information about real estate listings held by brokerage firms other than Ascent Property Group include the name of the listing broker. Neither the listing company nor Ascent Property Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. South Tahoe Association of Realtors. All rights reserved. 2202 Balboa Drive
South Lake Tahoe, CA








































