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Listed by Darin Vicknair Berkshire Hathaway HomeService
$ 3,000,000
Est. payment /mo
New
2225 West Lake Boulevard Tahoe City, CA 96145
9,567 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 9,567 sqft
Price per Sqft $313
Subdivision Westshore Lk Th
MLS Listing ID 20260801
Style MOUNTAIN
Year Built 1930
Lot Size 1.600 Acres
Acres 1.6
Lot Dimensions 214'x408'irreg
Property Sub-Type Multi Family
Property Description
Located in the heart of Tahoe's highly desirable West Shore, this unique 1.6-acre (+/-) residential/mixed-use investment property offers a rare combination of existing income, redevelopment potential, and legacy ownership opportunity. Historically the site of an Old Tahoe church camp and more recently a community school, the property now serves as long-term local housing while presenting extensive future possibilities for redevelopment or private estate use. Positioned directly across from Kilner Park and bordering West Lake Boulevard and the West Shore bike path, the location offers immediate access to Sunnyside Resort, Hurricane Bay, Ward Creek, Alpine Meadows backside access, and endless hiking, biking, skiing, and outdoor recreation opportunities that define the Tahoe lifestyle. Current gross rental income totals approximately $10,450 per month and includes two 4-bedroom/2-bath two-story homes, three studio cabins, one 1-bedroom/1-bath loft cabin, and an office space. Attached renderings illustrate the current site configuration and existing improvements. The residential/mixed-use zoning may allow for a wide variety of future development concepts, including a residential PUD or clustered housing development, mixed-use commercial/residential project with retail or office space and upper-level residences, recreational or wellness-oriented facilities, hospitality-related concepts, professional offices, or an expansive legacy family compound retreat. Buyer to investigate all potential future uses and development opportunities to their own satisfaction. Few West Shore properties offer this combination of scale, flexibility, income production, accessibility, and proximity to Tahoe's most sought-after recreational amenities. Seller may consider short-term seller financing for qualified buyers.
Location
State CA
County Placer
Exterior
Utilities Available Natural Gas Available
Waterfront Description Shared Well
Topography Level
Building
Lot Description STREET, High Visiblity, Sep Meters
Sewer Utility District
Water Shared Well
Architectural Style MOUNTAIN
New Construction No
Others
Tax ID 084110003
Acceptable Financing Owner Carry 1st, Conventional
Listing Terms Owner Carry 1st, Conventional
Special Listing Condition Standard
NEARBY SCHOOLS & PROPERTIES