One of the last remaining buildable waterfront parcels in the Tahoe Keys, South Lake Tahoe's premier private boating enclave. Located deep within the Keys with excellent water, all-day sun, underground utilities and quick access to the main channel, this flat, surveyed, tree-free lot offers an exceptionally rare opportunity to build new on the water. The future home should capture lake views, with potential filtered views of Mt. Tallac, Jake's Peak, Heavenly and Freel Peak. A rooftop deck could further enhance the setting and create panoramic lake and mountain-view opportunities. Tahoe Keys' blanket 30% coverage allowance provides 1,442 sf of base coverage based on approximately 4,807 sf of land above the high water mark, with the ability to purchase up to 1,800 sf maximum coverage at relatively low cost, plus the ability to take advantage of high land capability coverage exemptions. Enjoy private beaches, indoor and outdoor pools, tennis, pickleball, basketball, security, a dog park and miles of protected waterways, with your boat and lake toys right in your backyard. Just a short walk to Pope Marsh and the Lighthouse Shores beach access, this is one of the final chances to create a brand-new waterfront home in the Tahoe Keys.