930 Balbijou Rd Active Save Request In-Person Tour Request Virtual Tour
South Lake Tahoe,CA 96150
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 32,000 sqft
Price per Sqft $562
Subdivision Ca
MLS Listing ID 240010615
Year Built 1965
Lot Size 1.710 Acres
Acres 1.71
Property Description
Nestled in the heart of South Lake Tahoe, the iconic Lakeshore Lodge and Spa is conveniently located in the center of town with easy access to Heavenly Ski Resort and the casinos in Stateline Nevada. Situated on 1.7 acres of land with 350 feet of private sandy beach, the lodge provides breathtaking views of one of the world's most beautiful vacation destinations with panoramic views from every room. The four-story lodge features 45 lakeview hotel rooms, 15 equipped with kitchens, a full-service day spa with five treatment rooms, sauna, lakeside pool and hot tub, pristine private beach, and BBQ area. Additional features include an in-house laundry with commercial washers and dryers, a spacious meeting room, utility room with a 500-gallon hot water tank, and the potential for a rooftop restaurant and bar. During the summer, guests can partake in inspiring events on the beach and savor the sunset while enjoying a glass of wine with family and friends. The lodge is surrounded by opportunities for outdoor adventures, including exploring Emerald Bay, engaging in water sports, hiking scenic trails, and relaxing on picturesque beaches. In the winter, relax by your in room fireplace and watch the snowflakes softly land. The Lakeshore Lodge and Spa provides a cozy haven in a snowy wonderland. The lodge serves as an ideal base for snowy adventures, with several ski resorts including Heavenly Ski Resort in close proximity, offering year-round relaxation and exhilaration. Adjacent to the lodge are 30 condos, with the owner serving as the HOA president, presenting significant potential for investment. Currently, 40% of the condos are owned by their original owners, making it a unique investment opportunity. Acquiring these condos could expand the property by adding another 150 feet of sandy beach and 30 additional units. 25 of the 30 Condos are rented nightly through the lodge creating a significant revenue stream. Moreover, the lodge owner owns one of these condos, which will be sold separately from the lodge. The LakeShore Lodge and Spa stands as one of the last untouched treasures on the lake, presenting a rare opportunity to develop a premier destination retreat.
Location
State CA
County El Dorado, Ca
Zoning Business
Interior
Interior Features Sheet Rock
Heating Electric,Natural Gas,Forced Air
Flooring Carpet,Vinyl Tile
Exterior
Exterior Feature Wood Siding
Fence Yes
Utilities Available Cable,City Sewer,Electricity,Natural Gas,Telephone,City/County Water
Roof Type Composition/Shingle
Total Parking Spaces 80
Building
Story Four or More
Foundation Concrete Slab
Level or Stories Four or More
Structure Type Wood Frame
Others
Tax ID 027371015000
SqFt Source 32000
Special Listing Condition None