105
OR FAX FORM ON PAGE 115 TO 503-242-1814
In-Fill Development Site
South Lake Tahoe
155
PUBLISHED RESERVE:
SOLD
LAST ASKING:
$100,000
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 within 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, and 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 storm water) 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 18, 2015
N
Lake Tahoe
Lake Tahoe Blvd.
Edgewood Tahoe
Golf Course
Midway Rd.
N
SOLD
