Nestled at the end of a quiet cul-de-sac, 536 Alpine offers a rare opportunity to own a sprawling waterfront retreat in the highly sought-after Tahoe Keys. Situated on an expansive lot with approximately 100 feet of prime water frontage, this exceptional home boasts breathtaking Mt. Tallac views and a private dock accommodating three boats, a true paradise for lake lovers. Currently in well-loved and mostly original condition, there is incredible potential to add substantial value by updating this home to contemporary standards. With several recent examples of new or renovated homes selling for close to and even over $1,000 per square foot in the neighborhood, the possibilities are endless!The downstairs level is designed for entertainment, featuring a large family room with a full wet bar -perfect for hosting guests. A sliding glass door leads to the lower deck, backyard with a hot tub, and private boat dock, seamlessly blending indoor and outdoor living. Two comfortable guest bedrooms and a full shared bathroom complete this level.Upstairs, the living room is bathed in natural light from two skylights and a wall of windows that frame the tranquil lagoon. A wood pellet stove, set on a stone hearth with a striking granite boulder surround, adds warmth and charm. The open-concept kitchen flows effortlessly into the adjacent dining area, creating the perfect space for gatherings.The primary suite is a true sanctuary, offering serene water views, a private wood pellet stove, sunken jetted tub, separate shower, double vanity, walk-in closet, and direct access to the expansive upper deck ideal for morning coffee or evening relaxation.As a homeowner, you'll enjoy access to premier Tahoe Keys amenities, including private beaches, a pier, tennis and pickleball courts, basketball court, indoor and outdoor pools, parks, and open spaces. Convenient walking and biking paths lead to Camp Richardson, South Shore beaches, and top dining and shopping destinations. Plus, world-class skiing is just a short drive away.Don't miss out on this rare waterfront opportunity, schedule your private showing today!
Sold for $1,500,000 on 06/23/25
$1,500,000
536 Alpine Dr, South Lake Tahoe, CA 96150
3beds
2,542sqft
Single Family Residence
Built in 1983
0.36 Acres Lot
$1,574,400 Zestimate®
$590/sqft
$4,838 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: June 24, 2025 at 02:29am
Listed by:
Michael A Keller 530-307-0027 Michael@MKeller.com,
Keller Properties
Bought with:
Mason A Hibbard, 01303064
Compass
Source: STAOR,MLS#: 141342
Originating MLS: South Tahoe Association of Realtors

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Primary bedroom
- Features: Double Sinks, Stall Shower, Tile Counters, Walk-In Closet(s)
Heating
- Forced Air, Natural Gas, Fireplace(s)
Appliances
- Included: Disposal, Dishwasher Built-in, Electric Range, Gas Water Heater
- Laundry: Laundry Room
Features
- Wet Bar, Vaulted Ceiling(s), Beamed Ceilings, Walk-In Closet(s), Tile Counters, High Speed Internet
- Flooring: Carpet, Tile, Sheet Vinyl
- Windows: Double Pane Windows, Metal Frame, Skylight(s)
- Basement: Concrete/Crawl Space
- Has fireplace: Yes
- Fireplace features: Freestanding -Gas, Freestanding -Pellet
Interior area
- Total structure area: 2,542
- Total interior livable area: 2,542 sqft
Property
Parking
- Parking features: Attached
- Attached garage spaces: 2
Features
- Patio & porch: Deck, Covered, Uncovered
- Exterior features: Boat Slip
- Has spa: Yes
- Spa features: Hot Tub, Private, Bath
- Has view: Yes
- View description: Mountain(s), Ski Resort
- Waterfront features: Waterfront
Lot
- Size: 0.36 Acres
- Features: Cul-De-Sac, Backs to Lagoon, Lawn, Landscaped, Full Sprinklers
Details
- Parcel number: 022322013000
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood Frame, Wood Siding
- Roof: Composition
Condition
- Year built: 1983
Utilities & green energy
- Sewer: City Sewer
- Water: Shared Well, Water-Flat Rate
- Utilities for property: Electricity Available, Natural Gas Available, Cable Connected, Phone Connected, Underground Utilities
Community & neighborhood
Location
- Region: South Lake Tahoe
- Subdivision: Tahoe Keys Units 5
HOA & financial
HOA
- HOA fee: $1,510 quarterly
- Amenities included: Pool, Tennis Court(s), Spa/Hot Tub, Clubhouse, Additional Parking, Security, Beach, Boat Dock, Pier, Boat Launch, Marina, Park
- Services included: Water
Other
Other facts
- Available date: 01/01/1800
- Listing terms: Cash to New Loan