REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Wed

Feb

Thu

Feb

Fri

Feb

Nanda & Jimmy Dozier

[email protected] +1(530) 721-2552

$ 18,000,000

Est. payment -/mo

Save Virtual Tour

Active

930 Balbijou South Lake Tahoe, CA 96150

32,000 SqFt

UPDATED:

09/22/2024 09:49 PM

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 32,000 sqft

Price per Sqft $562

MLS Listing ID 140632

Year Built 1965

Lot Size 2 Sqft

Property Sub-Type Commercial

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.

Location

State CA

County El Dorado

Area Bijou 1

Rooms

Other Rooms Three or More, ADA Compliant

Interior

Heating Natural Gas, Electric, Fireplace, Forced Air

Cooling Natural Gas, Electric, Fireplace, Forced Air

Flooring Carpet, Tile, Concrete

Exterior

Exterior Feature In Ground Pool, Spa/Hot Tub

Utilities Available City Sewer, NaturalGasAvailable, Cable TV, Telephone, City Water

Roof Type Composition

Building

Story Two, Three Or More

Foundation Slab, Other

Others

Miscellaneous Elevator,Fire Stairs,Fire Escape,Security Lighting

Virtual Tour https://vimeo.com/1000544270

Listed by Chase International

Nanda & Jimmy Dozier

Broker Associate | License ID: 01879975

+1(530) 721-2552

GET MORE INFORMATION

QUICK SEARCH

Nanda & Jimmy Dozier

930 Balbijou South Lake Tahoe, CA 96150

Key Details

Location

Rooms

Interior

Exterior

Building

Others

GET MORE INFORMATION

Go tour this home

930 Balbijou