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$2,349,999
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Property Description
Castle-Inspired Waterfront Retreat in the Tahoe KeysLive like royalty in this extraordinary 4-bedroom, 4-bathroom home in the prestigious Tahoe Keys, where timeless European architecture meets the best of modern mountain living. Designed to resemble a classic stone castle, this one-of-a-kind residence offers unmatched charm, luxury, and direct lake access.From the moment you arrive, you're greeted by elegant stonework, turreted features, and a commanding presence that sets this home apart. Inside, the spacious floor plan boasts vaulted ceilings, rich iron and glass accents, and automatic skylights that flood the interior with natural light.The heart of the home is found upstairs in the expansive main living area, complete with a gas fireplace, gas stove heater, and gas insert, creating multiple cozy seating areas perfect for Tahoe winters. The large kitchen features sliding glass doors that open to an oversized deck complete with a fire pit ideal for enjoying unforgettable sunsets and stunning views of Mount Tallac.Each of the four bedrooms is thoughtfully designed, with en-suite or nearby bathrooms offering comfort and privacy. The luxurious primary suite is a true retreat, featuring a spa-style bath, walk-in closet, and a private office or sitting room ideal for working remotely, reading, or quiet reflection.The beautifully landscaped backyard leads to your private boat dock and over-the-water platform, offering direct access to Lake Tahoe and a secure place to moor your boat.Additional highlights include an oversized two-car garage, generous storage throughout, and access to exclusive Tahoe Keys amenities including private beaches, indoor and outdoor pools, tennis courts, security, and more.Whether you're seeking a luxurious full-time residence or an unforgettable vacation escape, this majestic Tahoe Keys home delivers the lifestyle and the location you've been dreaming of.
Full Property Details
Full Property Details for 1932 Kokanee Way
General
- Price: $2,349,999
- HOA FEE: $542/month
- HOA FEE FREQ.: Quarterly
- Status: Active
- Type: Single Family
- Source: South_Tahoe_MLS
- MLS ID: 141936
- Updated: 1/11/2026
- Added to Site: 215 day(s) ago
Interior
- Fireplace(s): Open Fireplace, Freestanding, Gas, Insert
- Counters: Tile, Granite
- Flooring: Carpet, Tile, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 4
- Primary Bedroom: Yes
- Bedroom 1: Primary Bath, Double Sinks, Jetted Tub, Nat Stone Counter
Other Rooms
- Kitchen: Garbage Disposal, Pantry, Microwave Built-in, Dishwasher Built-in, Gas Range
- Laundry: Laundry Room
- Other Room 1: Family Room, Upstairs Living
Additional Information
- Shared Amenities: Pool, Tennis, Hot Tub, Security, Beach
Exterior
- Exterior Features: Boat Slip, Boat Dock
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Garage Description: Attached
Location
- Area: Tahoe Keys
- County: El Dorado
- Subdivision: Makai Isle
- Cross Streets: Emerald
- Driving Directions: Venice to Emerald Drive, left on Kokanee Way
Community
- Association: Yes
- Assoc. Fees Include: Water
Heating & Cooling
- Heating Type: Forced Air, Natural Gas
- Water Heater: Natural Gas
Utilities
- Utility Description: ElectricityAvailable, NaturalGasAvailable
Structural Information
- Construction: Stucco
- Windows: Double Pane, Skylight
- Windows/Doors: Double Pane, Skylight
- Square Feet: 3,661
- Year Built: 1972
Lot Features
- Property View: Canal, Mountains
- Lot Size (Acres): 0.17
- Lot Size (Sq. Ft.): 7,405
- Lot Size Source: Tax Data
- Grounds/Landscape: Front, Lawn
- Irrigation System: Front
Financial Considerations
- Price Per Sq. Ft.: $641.9
- Price Per Acre: $13,823,523.53
- Association Fee: $1,625
- Assoc Fee Freq.: Quarterly
Disclosures and Reports
- CC&Rs: Yes
- APN: 22251019000
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Schools
Schools serving 1932 Kokanee Way
School District:Lake Tahoe Unified School District
| Name | Grades | Distance |
|---|---|---|
Tahoe Valley Elementary School 943 Tahoe Island Drive, South Lake Tahoe, CA 96150 | K-5 | 1.1 mi |
South Tahoe Middle School 2940 Lake Tahoe Boulevard, South Lake Tahoe, CA 96150 | 6-8 | 2.4 mi |
South Tahoe High School 1735 Lake Tahoe Boulevard, South Lake Tahoe, CA 96150 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1932 Kokanee Way
Date
Details
Price
Change
Source
1/06/2026
Price Reduced
$2,349,999
-5.96%
MLS
9/09/2025
Price Reduced
$2,499,000
-3.85%
MLS
7/10/2025
Listed
$2,599,000
687.58%
MLS
6/23/1999
Sold
$330,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1932 Kokanee Way
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,510
7%
$683,889
2%
2023
$6,994
—
$670,480
2%
2023
$6,994
1%
$657,335
2%
2022
$6,923
2%
$644,447
2%
2021
$6,815
1%
$631,812
1%
2020
$6,715
1%
$625,334
2%
2019
$6,681
2%
$613,073
2%
2018
$6,530
2%
$601,053
2%
2017
$6,426
2%
$589,269
2%
2016
$6,293
1%
$577,716
2%
2015
$6,225
4%
$569,041
2%
2014
$5,970
—
$557,897
—
2013
$5,955
—
$555,379
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1932 Kokanee Way
1932 Kokanee Way, South Lake Tahoe, CA 96150 (MLS# 141936) is a Single Family property with 4 bedrooms and 4 full bathrooms. 1932 Kokanee Way is currently listed for $2,349,999 and was received on July 10, 2025. Want to learn more about 1932 Kokanee Way? Do you have questions about finding other Single Family real estate for sale in South Lake Tahoe? You can browse all South Lake Tahoe real estate or contact a Coldwell Banker agent to request more information.

