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930 Balbijou Rd

South Lake Tahoe, Ca, CA 96150
  • $18,000,000
  • STATUS: Active
  • ON SITE: 18 Days
  • MLS #: 240010615
UPDATED: 30 min ago
$18,000,000
  • 0
    BEDS
  • 1.71
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 32,000
    SQFT
  • $563
    $/SQFT
Type:
Commercial
Built:
1965
County:

School Ratings & Info

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.

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Northern Nevada Regional MLS logo © 2024 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or Cote' Real Estate Group | RE/MAX Gold. Real estate listings held by brokerage firms other than Cote' Real Estate Group | RE/MAX Gold are marked with the BROKER RECIPROCITY logo or the BROKER RECIPROCITY thumbnail logo and detailed information about them includes the name of the listing brokerage. The data relating to real estate for sale on this web site comes in part from the BROKER RECIPROCITY Program of the Northern Nevada Regional MLS and is 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. Data last updated: 2024-09-07T12:19:43.207.
www.nvhometeam.com/homes/153810405
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930 Balbijou Rd South Lake Tahoe, Ca, CA 96150

  • Price: $18,000,000
  • Status: Active
  • On Site: 18 Days
  • Updated: 30 min ago
  • MLS #: 240010615
0
Beds
0
Baths
0
½ Baths
1.71
Acres
32,000
SQFT
$563
$/SQFT
1965
Built
County:
El Dorado, Ca
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.
Exterior Features

Access Road Paved/Concrete Construction Wood Frame Exterior Wood Siding Fenced Yes Foundation Concrete Slab Landscaped Yes Loading Delivery Door Location Downtown AreaFree StandingShopping Center/Mall Parking Spaces 80 Roll Up Doors None Roof Composition/Shingle Sprinklers Yes

Interior Features

Ceiling Height Height Varies Flooring CarpetVinyl Tile Heating Cooling ElectricNatural GasForced Air Interior Walls Sheet Rock Restrooms Three or More Stories Four or More Water Heater Electric Windows Double PaneSingle Pane

Property Features

Access Public Commercial Type Commercial Common Area Facilities Restrooms Current Use Hotel/Motel Documents On File None Hoa Fee 0 Included In Monthly Fees ElectricityExterior MaintenanceGasInsuranceRec FacilitiesReal Estate TaxesTrashWaterRoof MaintenanceSewer Other Features ElevatorFire AlarmFire EscapeFurnishedSecurity Lighting Special Condition Of Sale None Utilities CableCity SewerElectricityNatural GasTelephoneCity/County Water Wiring 220 Volts Zoning Actual Business

Northern Nevada Regional MLS logo © 2024 Northern Nevada Regional MLS. All rights reserved.
Listing provided courtesy of Chase International - ZC: .

Northern Nevada Regional MLS logo © 2024 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or Cote' Real Estate Group | RE/MAX Gold. Real estate listings held by brokerage firms other than Cote' Real Estate Group | RE/MAX Gold are marked with the BROKER RECIPROCITY logo or the BROKER RECIPROCITY thumbnail logo and detailed information about them includes the name of the listing brokerage. The data relating to real estate for sale on this web site comes in part from the BROKER RECIPROCITY Program of the Northern Nevada Regional MLS and is 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. Data last updated: 2024-09-07T12:19:43.207.
 
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