Property Details
About this Property
Exciting Buildable Opportunity in South Lake Tahoe! This prime highway-frontage parcel offers an exceptional opportunity for development, with approved plans for a 2-story, 4-plex building featuring a dedicated 1-car garage for each unit. Each unit will offer approximately 900 sqft of living space, ideal for comfortable living. Two of the units are permanently designated for moderate-income housing, ensuring long-term stability and community benefit. These units cannot be used as second homes or vacation rentals, providing a unique investment opportunity in an area with high demand for rental properties. Plans for the development have already been approved by the City of South Lake Tahoe and are available upon request. The location offers excellent walkability and bike-ability to local shops, restaurants, and amenities, including The Crossing and the South Tahoe Y. Renderings are provided for marketing purposes and are subject to change, allowing flexibility in design as the project progresses. This is a rare chance to invest in a prime location with a clear path to development!
MLS Listing Information
MLS #
ME225021243
MLS Source
MetroList Services, Inc.
Days on Site
54
Lots & Land Information
Development Status
Building Plans Filed, Improvements Plans Avail, Site Plan Approved
Existing Structures
None
Fencing
Complete
Lot Description
Other
Utilities
None, Water - Public
Parking, School, and Other Information
Elementary District
Lake Tahoe Unified
High School District
Lake Tahoe Unified
Sewer
Public Sewer
Water
Public
Zoning
TC
School Ratings
Nearby Schools
| Schools | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| Transitional Learning Center (Continuation) | public | 9-12 | 1.03 mi | N/A |
| Mt. Tallac High School | public | 9-12 | 1.03 mi | |
| South Tahoe High School | public | 9-12 | 1.03 mi | |
| Tahoe Valley Elementary School | public | K-5 | 1.31 mi | |
| Sierra House Elementary School | public | K-5 | 1.88 mi | |
| South Tahoe Middle School | public | 6-8 | 2.59 mi | |
| Elevated Digital Learning Academy | public | K-12 | 2.73 mi | |
| Lake Tahoe Environmental Science Magnet | public | K-5 | 3.22 mi | |
| Bijou Community School | public | K-5 | 3.27 mi |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
1331 Emerald Bay Rd is in South Lake Tahoe, CA 96150. This Land is currently priced at $575,000. This address can also be written as 1331 Emerald Bay Rd, South Lake Tahoe, CA 96150.
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This listing information is up-to-date as of February 22, 2025. For the most current information, please contact Krystle Heslep, (916) 801-5835
