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PUBLISHED RESERVE: $150,000
LAST ASKING: $235,000
SIZE: 15,000± Square Feet
ZONING: Tourist Accommodation, Multi-Family
Residential within Stateline/Ski-Run, District 1D –
Midway District Community Plan
PROPERTY INSPECTION: At Any Time
FINANCING: None – All Cash
DESCRIPTION: This 15,000± square foot development site is located in South Lake Tahoe in the Lake
Tahoe Basin, an area considered to be one of the most diversified year-round recreation resort areas in
the western United States. This in-fill development site is located in an area of South Lake Tahoe that
has been substantially revitalized over the last ten years due to redevelopment of the Stateline casinos
as well as additional investments in the Heavenly Gondola, The Shoppes at Heavenly Village, the18-
hole championship Edgewood Gold Course and Ski Run Marina.
The property was originally developed as a 21-unit motel, which included a single residence. The
motel has been demolished and the 20 Tourist Accommodation Units and 1 Residential Unit rights,
associated with the prior improvements, were subsequently sold. Remaining on the site is a concrete
slab foundation and asphalt paving. BMP Application (Best Management Practice for stormwater) is
required in order to bring the property into compliance with the Tahoe Regional Planning Agency
(TRPA). Property compliance includes removal of the concrete slab and rejuvenation of the lot in order
to obtain issuance of a BMP Certificate. Future development of the property is subject to the Tourist
Core Area Plan.
All utilities are available to the site and access is off of Lake Tahoe Blvd, where the site has 100 feet of
frontage.
LOCATION: 3868 Lake Tahoe Blvd., South Lake Tahoe, California, 96150. APN: 029-161-24
SEALED BIDS DUE NO LATER THAN 5:00 PM, NOVEMBER 19, 2014
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In-Fill Development Site
South Lake Tahoe
Lake Tahoe
Lake Tahoe Blvd.
Edgewood Tahoe
Golf Course
Midway Rd.
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