Residential Land for Sale in South Lake Tahoe, California

1412 Ski Run Blvd South Lake Tahoe, CA 96150

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$999,000
2.4 acres
Active sale$251k dropEst $7,830/mo

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.

Directions

Take Ski Run Blvd above Needle Peak Rd and property located directly across from Regina Rd.

Location

Street Address
1412 Ski Run Blvd
Community
Heavenly Pines
Elevation
6,427 feet
Coordinates
38.9355, -119.9498

Property details

MLS Number
STAOR 140095
Date Posted

Parcels

  • 025911040000

This 2.4-acre property is located at 1412 Ski Run Blvd in South Lake Tahoe, CA 96150 with latitude 38.9355 and longitude -119.9498. The property is currently available for sale for $999,000 with a price per acre of $415,557. Listing data is sourced from South Tahoe Association of Realtors # 140095.

Verify sale details at the property source or contact Compass at (310) 230-5478.

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Copyright (C) 2024 South 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.

Updated . Checked 1 hour ago. Parcel data by Regrid.

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