Active

930 Balbijou Rd

South Lake Tahoe, CA CA, 96150

$18,000,000


$562.50 per sqft

Active

32,000 sqft

Commercial

Built in 1965

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.

240010615

MLS ID

August 19, 2024

Listed

November 22, 2024

Updated

Map

930 Balbijou Rd
South Lake Tahoe, CA CA, 96150

Interior Features

Total Stories

4


Interior Features

Sheet Rock


Floor Description

Carpet, Vinyl Tile


Fireplace

No


Cooling

Yes


Cooling Description

Electric, Natural Gas, Forced Air


Heating

Yes


Heating Description

Electric, Natural Gas, Forced Air

Exterior/Building Features

Lot Size

1.71 Acres


Exterior Features

Wood Siding


Roof

Composition/Shingle

School Information

High School

El Dorado, CA

Other Property Details

Days on Market

13


Garage

No


Parking

80


View

No


County

El Dorado, CA


Pool

No


Zoning

Business

 

Courtesy of Chase International - ZC, Mike Dunn

The information being provided is for consumers' personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.

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Data last updated 9:06 PM UTC, 11/22/2024

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