Active

930 Balbijou

South Lake Tahoe CA, 96150

$18,000,000


$562.50 per sqft

Active

32,000 sqft

Other

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.

140632

MLS ID

August 16, 2024

Listed

October 14, 2024

Updated

Map

930 Balbijou
South Lake Tahoe CA, 96150

Interior Features

Total Stories

3


Floor Description

Carpet, Tile, Concrete


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Natural Gas, Electric, Fireplace, Forced Air

Exterior/Building Features

Lot Size

0 Acres


Exterior Features

In Ground Pool, Spa/Hot Tub


Roof

Composition

Other Property Details

Area Name

Bijou 1


Days on Market

37


Garage

No


View

No


County

El Dorado


Pool

Yes

Listed by Chase International, Star L Brooks,
Listing Contact: 775-588-6130 

Based on information from the South Tahoe Association of REALTORS® MLS as of 8:39 PM UTC, 10/14/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Jamison Blair shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2024 South Tahoe Board of REALTORS®. All rights reserved.

Data last updated 8:39 PM UTC, 10/14/2024

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