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Residential Land for Sale in South Lake Tahoe, California

1412 Ski Run Blvd, South Lake Tahoe, CA 96150

$999,000
2.4 acres
Active
$251k drop
Est $7,410/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.

Location

Street address
1412 Ski Run Blvd
Community
Heavenly Pines
Elevation
6,427 feet
Coordinates
38.9357, -119.9492

Directions

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

Property details

Acreage
2.404 acres
MLS #
STAOR 140095
Posted

Parcels

  • 025911040000

Details and features

Interior

Features
High Speed Internet

Listing history

DateEventPriceChangeSource
Nov 16, 2024Price drop$999,000$251,000 -20.1%STAOR
Aug 20, 2024Price drop$1,250,000$248,000 -16.6%STAOR
May 4, 2024New listing$1,498,000STAOR
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This 2.404-acre property is located at 1412 Ski Run Blvd in South Lake Tahoe, CA 96150. The property is available for sale for $999,000 with a price per acre of $415,557.

Checked 32 mins ago — Updated

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