1412 Ski Run Boulevard
South Lake Tahoe, CA 96150
$1,250,000
Description
1412 Ski Run Boulevard,
South Lake Tahoe,
CA
96150
Premium development opportunity -- 37 UNITS can be built on this nearly 2.5-acre Lakeview Heights parcel that sits less than 1/2-mile from the California base lodge of Heavenly Ski Resort, 1-mile from Ski Run Marina and 2 miles from the Stateline casino corridor. Class-6 land capability and 30% coverage equates to over 31,000-sf of allowable coverage, that does not account for the numerous exemptions offered by the TRPA for high capability parcels. Located in Special Area #1, the allowed uses included single-family, condo/townhomes, multi-family, timeshares, hotel/motel or restaurants. The hotel/motel opportunity provides for a residential design option that allows the creation of luxury, ADA compliant townhomes with on-site management that can be utilized as nightly rentals for premier income potential. 14 PRU's (development rights) and 1 RUU (Residential Unit of Use) exist on the property, and the balance of entitlements are currently available through the City of So Lake Tahoe or other 3rd party portals.
This is an Active listing.
Broker Office Phone Number: 530-645-2777
Copyright © 2024South Tahoe Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Listing By: Compass via Data Source: South Tahoe Association of REALTORS®
Price History
date | price | variance | type |
---|
5/3/2024 | $1,250,000 | - | Listed |
listing agent: Mark Salmon