Opportunity awaits to own this exceptional waterfront property in the highly sought-after Aloha Drive neighborhood of Tahoe Keys. This versatile home offers flexible living arrangements with stunning open water and mountains views from the 4 bedroom, 3 bathroom upstairs living floorplan. The top floor offers open concept living boasting high cedar ceilings with exposed beams and a spacious kitchen, all opening onto a large waterside deck. The sizable primary suite and bathroom is accessible via an elevator from the garage. The lower level features its own living space with 2 bedrooms, a full bathroom, kitchenette and a covered outdoor deck. The upper and lower levels of the home can be divided by separate lockoffs, each with their own entrances offering privacy and flexibility for use as a guest quarters, mother-in-law unit or a dual-family residence. Additional features include, new flooring, vinyl windows, 2 heating systems, expansive upper and lower decks perfect for entertaining, beautifully landscaped yards and a new boat dock. Well priced in Tahoe Keys most prestigious neighborhoods, hike, bike, paddleboard, cross country ski, walk to the beach and enjoy all Tahoe Keys amenities from versatile waterfront property