Listing Courtesy of: Star Brooks - Chase International 775-588-6130
$18,000,000 affordable loan icon Calculate Payment

930 Balbijou South Lake Tahoe, CA 96150

Down payment assistance icon
General Commercial Residence
Beds
Baths
Sq. Ft.

Property Activity

Time on Site
days
Days on Market
Views
Saves
Last updated on 9/25/2024 2:06 PM
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. Continue reading
MLS#
140632
Property Type
General Commercial
Year Built
1965
Price per Sq. Ft.
$562.50

Receive an email as soon as the price changes

Receive an email

as soon as the price changes
Get Price Alerts
price alerts icon

Get Price Alerts

Don't miss your chance. Receive an email as soon as the price changes.

Notify Me

Get email alerts when
a home price changes

Sign up
view of kitchen

Enter your work address to view actual drive times with traffic for this property.

 

Calculating ...
Here is the weekday INRIX Drive Time from this property to . Change Address

Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.

Source: Walk Score®

How much home can I afford?

Get prequalified today and learn more.

Get Started

Rental Valuation Estimate

rental value icon
Per Month
See More Trends
Listing Courtesy of: Star Brooks - Chase International 775-588-6130
Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361


IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings displayed may not belong to Xome. Data is deemed reliable but is not guaranteed accurate by the MLS or Xome. © Copyright 2024 South Tahoe Association of Realtors®. All rights reserved.
This content last refreshed on 9/25/2024 2:06 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.
Prequalify