For sale
  • $3,000,000

    2225 W Lake Blvd, Tahoe City, CA 96145

    --beds
    --baths
    9,567sqft
    : 
    Multi Family
    Built in 1930
    -- sqft lot
    $2,758,500 Zestimate®
    $314/sqft
    $-- HOA

    What's special

    Site of an Old-Tahoe Church Camp & more recently a Community School, this 1.6 acre (+,-) Investment Property is located in the heart of the west shore, across the street from Kilner Park (https://www.tcpud.org/kilner-park) bordering West Lake Boulevard. Zoning is Mixed-Use, which provides for a variety of income producing redevelopment opportunities. Buyer to investigate their highest & best possible future use of this property. Perhaps a PUD cluster of new homes, commercial/retail shops with additional second story housing units, or a recreational facility, or even professional offices; the potentialities are extensive. The current use of this property provides long term housing for local renters. Gross rentals total $10,450 per month with units ranging from two 4-bed/2bath 2-story homes, 3 studio/1-bath cabins, 1-bed/1-bath loft cabin, and an office space. Attached renderings shows the current configuration of homes & cabins as that are now. Additionally, this property is a great opportunity to build an extensive family compound retreat. Seller will consider possible short-term seller-financing. Borders the West Shore bike path, with immediate access to Sunnyside Resort, Hurricane Bay Beach, Ward Creek/Alpine Meadows backside, with access to endless hiking/biking/skiing trials & of course the great amenities at Kilner Park are right there!
    43 days
    |
    402
    |
    9
    |
    • Loading
    • Loading