$1,057,500
$1,200,000
11.9%For more information regarding the value of a property, please contact us for a free consultation.
609 Emerald Bay Road South Lake Tahoe, CA 96150
9,346 SqFt
Key Details
Sold Price $1,057,500
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 9,346 sqft
Price per Sqft $113
MLS Listing ID 123404
Sold Date 02/02/16
Year Built 1958
Lot Size 1.003 Acres
Acres 1.003
Property Sub-Type Commercial
Property Description
Extremely attractive 21 unit hotel gives a buyer a unique opportunity to create a Lake Tahoe resort. Close to West Shore beaches, bike trail, Camp Rich. Beautifully landscaped acre of land. 21 cabin style surround a fenced in pool and spa. 10 cabins have a bedroom and a living room with a kitchenette and wood fireplace. Owners house has 2 bedrooms, 2 bath, large living room and kitchen. Downstairs is a basement area with another bedroom and lots of storage. 3 car garage. Parking is around the rear of each unit. Income could be greatly increased through internet marketing.
Location
State CA
County El Dorado
Area Tahoe Island Drive
Zoning Commercial
Rooms
Other Rooms Three or More
Interior
Heating Natural Gas, Wall or Space Heater
Cooling Natural Gas, Wall or Space Heater
Flooring Carpet
Exterior
Exterior Feature RV Access/Parking, In Ground Pool, Spa/Hot Tub, Land Included
Utilities Available ElectricityAvailable, NaturalGasAvailable, City Water, City Sewer, Cable TV, Telephone
Roof Type Pitched,Composition
Building
Story One
Foundation Slab, Basement/Unfinished
Others
Ownership Fee Simple
Acceptable Financing Cash
Listing Terms Cash
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Broker | License ID: CA# 01369810, NV# B.145615
+1(530) 545-1389 | mikephillips530@gmail.com