Welcome to Alder Inn, a boutique hotel near Lake Tahoe's South Shore, and Heavenly Mountain Ski Resort. Offered at $5.79M with an actual CapRate of 9% and a supporting ProForma Cap of 11%+. We have additional financials, photos, and STR reports available to any qualified buyer upon request.Spanning 9,600 square feet, Alder Inn boasts 26 updated units. The layout includes 12 Single Kings, 5 Single Queens, 6 Double Queens, and 1 ADA accessible Single Queen. Additionally, a versatile Manager's Unit offers potential for future rental either as a spacious 3-bedroom, 2.5-bathroom unit or two separate units, adding to its functionality.Alder Inn has recent upgrades including: new TVs in 15 rooms, stylish flooring renovations, and air conditioning in all upstairs units. The manager's unit features a new deck, and the property boasts an upgraded lawn area perfect for summer activities.Alder Inn is a turn-key operation, active on major booking platforms, ensuring a smooth transition for new owners looking to manage and grow this thriving business.Value Add Opportunities: Reimagine the pool and spa area, create a lively space for guest to enjoy outdoors, expanding on the already existing resort feel of the property.Discover the Alder Inn, a unique investment opportunity that stands out in the hospitality market for its perfect mix of location, varied accommodations, recent upgrades, solid financials, and operational readiness.
Opportunity to own a spacious buildable IPES lot with 25% coverage, near Heavenly Ski Resort and Lake Tahoe.Note: Additional materials, reports, and a virtual tour are available to agents. Please inquire for more information.
New Construction Multi-Family! Own a 5-Units Property in the HEART of South Lake Tahoe! LOCATION is the KEY!!! Perfectly located right next to Heavenly Village shopping center. This new construction multi-family property is a dream investment. Just a 5-min walk to Heavenly Gondolas, Hiking, Biking and the best restaurants in-town, and a short 10-min walk to the Casinos, You'll be surrounded by all the fun and convenience Tahoe has to offer. Plus, the newly built Convention Center is only a 14-min walk away and a 5 min drive to the beach. With modern mountain finishes and a completion date set for the summer of 2025, these brand new units are a must-see. Designed and Built by SHEMSS - You know you're getting Quality and Style. Don't miss out on this incredible opportunity! Property next door located at 1065 Fern rd is going up for sale too
This spectacular Beach Drive home is ready for anything. Summer fun: set on the big water lagoon with a new 225 sf private 3 boat dock and an 19EX Executive Trainer pool spa, it's the best location in the coveted Tahoe Keys. Entertaining: this stunning remodel, with its modern gray palette, designer finishes and appliances and thoughtful details, welcomes guests into a sophisticated, elegant space. Family: each of the five bedrooms has its own en suite bath, and one bedroom has a fireplace. Added soundproofing creates a more comfortable and quiet first floor. Safety and security: these features set this home apart from any other. A system of 12 roof-mounted solar panels and LG battery storage ensures off-the-grid energy savings and continuous power to the home. This is a spacious family home for those who know how to take advantage of the best things in life.
Exclusively established in the highly sought-after Montgomery Estates neighborhood, this magnificent home sits on an elevated, large 0.43-acre double parcel with filtered lake views and added privacy thanks to the adjacent CA/Conservancy lot out the back garden. This stunning home has had many beautiful and quality updates with large picture windows that capture the breathtaking beauty of the natural scenery. There is bamboo flooring in the living spaces, a kitchen featuring cherry cabinets and granite countertops, two oversized living areas, and new gas fireplaces in each, providing ample capacity for a games area, office space, and more. The primary bedroom is a luxurious retreat with picture windows, a walk-in closet, double sinks, new carpet, and sliding glass doors to a private balcony offering breathtaking tree and filtered lake views. The additional outside entrance to the 5th bedroom, along with a full bathroom and attached 4th bedroom, could possibly be used for a separate suite and living zone. Outdoor living is also a pure delight with attractive curb appeal, a large garden to the front, and sizable decks, perfect for BBQs, gatherings, and a unique boules court with seating, all in the uniquely spacious backyard. The expansive driveway offers plenty of room for RV or boat parking. Ideally located near ski resorts, hiking and biking trails, and the lake, this property is your sweet gateway to the ultimate Tahoe lifestyle and adventure!
Welcome to this beautifully furnished and move-in-ready mountain home in the exclusive Tahoe Mountain neighborhood! Nestled in the heart of Lake Tahoe's pristine beauty, this custom-designed residence offers the ultimate blend of luxury and outdoor living, all under a brand new 40-year roof. Located just minutes from amenities and town, ski resorts, and stunning Fallen Leaf Lake, you'll have immediate access to Tahoe's finest hiking trails, outdoor activities, and serene landscapes right at your doorstep. This spacious and inviting mountain property features custom designed open-plan living areas with soaring vaulted ceilings and knotty alder flooring, a cozy fireplace with a log mantle, knotty alder kitchen with granite counters, and spacious dining- and additional family room spaces, framed by large picture windows and skylights for an abundance of natural light and tree views. The spacious back deck invites to al fresco dining and relaxing in the hot tub after a day on the slopes or trails, creating the perfect synergy for entertaining and relaxation. With 4 bedrooms, 3 bathrooms, including a luxurious primary suite with a walk-in closet, double sinks, a jetted tub, and a two car garage, this home offers lots of space, comfort, and mountain-style flair in every detail. Nestled next to peacefully vacant CA/Tahoe Conservancy lots on right, and designer-furnished interior this property is perfect for immediate use as a winter ski retreat, summer adventure base, or your year-round Tahoe Mountain sanctuary; just bring your bags! Video:https://listings.mousepadreno.com/videos/0192b628-b54c-703e-96d7-447090ed7d89
A natural and quaint setting in the woods gives way to a spacious home in pristine condition. 1522 Plumas Circle will not disappoint! This unique home has been meticulously cared for with very little use over the years and is teeming with comfort and class, right down to the contrasting, rustic metal skirting that surrounds it. Hardwood floors with deep cherry tones, hand-hewn logs, open-beam pine ceilings, a built-in day desk, and accent bookcases are some of the fine woodworking craftsmanship on display for you to enjoy. The kitchen is the epicenter of the upstairs and has a functional work triangle, tons of storage, and an open concept to the dining area and living room. The primary suite has great light, abundant closet space, and a full bath with a jetted tub adjacent. With four bedrooms and three bathrooms, there is plenty of room to host! Natural landscaping on a drip line both front and back makes caring for the yard an easy task. The crawlspace is in mint condition and doubles as extra storage with easy access from the exterior side door. To top it all off, chill out on hot summer days with a full-house air conditioning unit, not common in Tahoe! Just minutes away from the lake, the area's favorite beaches, and shopping, this location allows you the elbow room of the county and the convenient proximity to all the things we love about South Shore. Comes furnished minus a few exclusions, just unpack your bag.
Nestled in the picturesque Pioneer Trail area, this recently renovated mountain modern house offers a perfect blend of comfort and style. With 2,405 square feet of living space, the home boasts four bedrooms and three bathrooms, making it an ideal home for entertaining or for Tahoe retreats.The upstairs living area showcases an open floor plan, creating a spacious and inviting atmosphere. The great room is a true highlight, featuring vaulted ceilings, luxurious LVP flooring, and a wall of windows that frame filtered mountain views. A stunning marble slab gas fireplace serves as a focal point, adding warmth and ambiance to the space.The kitchen has been completely reimagined with custom white oak cabinetry, elegant slab counters, and a waterfall island. Stainless steel appliances complete the chef's dream, perfect for preparing meals while enjoying the company of family or friends.The primary bedroom is a serene escape, complete with its own gas fireplace and an en-suite bathroom. The bathroom showcases floor-to-ceiling custom tilework, a dual sink vanity, and updated fixtures throughout. Two additional guest bathrooms have been beautifully refurbished with stunning tile, quartz slab counters, and modern brass finishes.Downstairs, a second living area doubles as a game room, featuring a built-in wet bar with a beverage fridge for added convenience. Two spacious decks overlook the fully fenced backyard, providing the perfect setting for outdoor relaxation and entertainment.Located just minutes from Heavenly Ski Resort and the lake, this home offers easy access to miles of hiking and biking trails. With its thoughtful renovations, prime location, and stunning natural surroundings, this mountain modern house is the epitome of Lake Tahoe living.
Great Location! You will love the setting with mature trees. As of 10/31/24 the city building dept has available building allocations. The Tahoe Sierra neighborhood is centrally located in town which makes it more convenient for work, shopping and activities. Just a few blocks and a short walk away are trails to access the forest. Ideal for mt biking, gravel bike or just walking.
Discover your dream mountain retreat at 1473 Thunderbird Dr in South Lake Tahoe. This charming 4-bedroom, 2.5-bathroom home is perfect for families, vacationers, or those seeking a peaceful escape. Nestled in a quiet and serene neighborhood, this property offers the perfect blend of comfort and convenience, providing you with easy access to Lake Tahoe's outdoor adventures, shopping and dining. Highlights include generously sized bedrooms, updated bathrooms, open-concept living area, gourmet open kitchen, cozy fireplace for chilly Tahoe evenings, 2 back facing trek decks overlooking conservancy lots, luxurious master bathroom with full jet tub, and spacious storage rooms under the house for all your season accessories. Whether you're looking for a primary residence or a vacation getaway, 1473 Thunderbird is a must see!
Nestled in the picturesque Tahoe Keys, this recently updated waterfront home offers a perfect blend of comfort and scenic beauty. With four bedrooms and three bathrooms spread across 2,480 square feet, this property provides ample space for both relaxation and entertainment.The open concept downstairs living area features a spacious great room that combines elegance with rustic charm. Here, you'll find an inviting wood-burning fireplace, open beam ceilings, and gleaming hardwood floors throughout. The kitchen has been thoughtfully renovated with clear alder cabinetry, sleek granite slab counters, and stainless steel appliances, with an island and a breakfast bar.The primary bedroom is a true retreat, boasting beautiful water views down the channel and an updated ensuite bathroom. This private oasis includes a custom tile walk-in shower, a dual sink vanity, and modern fixtures for the ultimate in comfort and luxury.Step outside onto the back deck, where you can bask in the summer sun and enjoy the tranquil surroundings. Just a few steps away, you'll find your private boat slip, offering quick and easy access to the sparkling waters of Lake Tahoe.This property's location is second to none, providing swift lake access and entry to all the amenities the Tahoe Keys has to offer. Whether you're an outdoor enthusiast, a water lover, or simply seeking a peaceful retreat, this home delivers on all fronts.
Tranquility awaits in this remodeled single story rancher. If you are looking for a move in ready house to call your Tahoe home, this is a must see! Upon entering you are greeted by an abundance of natural light, warmth, and comfort in the living space with vaulted open beam ceilings simply adding to its mountain cabin charm. This home is equipped with forced air, as well as, a free standing gas fireplace to cozy up to on those cold winter days. The kitchen has been upgraded with new quartz counter tops, a stainless farm style sink, modern light fixtures, a brand new stainless dishwasher, and oven with gas range. Further upgrades include interior painting throughout, new carpet in the bedrooms, and new light fixtures with ceiling fans in all 3 bedrooms and living room. Both bathrooms are adorned with new vanities, mirrors, lighting, glass shower doors, and tile flooring. Two beautiful new decks in the front and back enhance outdoor entertainment and a nice space to unwind and take in your surroundings.Conveniently located close to the meadow, hiking and biking trails, Heavenly Ski Resort and some of the best restaurants in town, don't wait to schedule a tour to see this charming home today!Photos with furnishings have been virtually staged.
Spectacular newly built custom home with sleek modern lines combined with woodsy Tahoe elegance. Total living area of 3,098 square feet plus sprawling 800+ square foot deck. Just over ¼ acre (.27 acres) centrally located in the City of South Lake Tahoe tucked away with easy access to Ski Run Blvd, Ski Run Marina, and Heavenly Ski resort minutes away. Ideally located on a quiet no-through road with virtually no traffic, just a short stroll to Bijou Community School, and the US forest lot across the street guarantees no neighbors across the way. The raised front porch with gorgeous custom double door entry and stone architectural features creates a striking first impression. Step inside and soak in the gorgeous interior features, sleek luxury vinyl plank flooring, and soaring open beam vaulted ceilings throughout this hard-to-find downstairs living floor plan, not often seen in new Tahoe construction. The Great room is blessed with an abundance of natural light streaming through the numerous windows, and the cozy fireplace creates a warm and welcoming atmosphere for gatherings with friends and family. The spacious dining area features beautiful modern lighting and has direct access to the expansive deck with lovely Heavenly Ski resort views providing an ideal indoor-outdoor entertaining space. The Gourmet chef’s kitchen will take your breath away with top-of-the-line European Cabinetry, Granite Countertops, High-End Stainless-Steel appliances, and a prized breakfast bar. This well-designed floor plan accommodates modern evolving lifestyles with Dual primary bedroom suites located both upstairs and downstairs, each with a spectacular private bathroom, plus an expansive upstairs game room with wet bar and direct access to a massive upstairs deck area, the perfect space to enjoy the beautiful views of Heavenly ski resort. The second level also includes two spacious secondary bedrooms with a full guest bath. Plenty of parking and storage space in the massive oversized two car garage. Additional features include Navien tankless water heater, energy efficient windows, solar ready, high efficiency HVAC system, and water conserving toilets. Superb location close to the best that South Lake Tahoe has to offer!
Just steps from the HOA private beach, swimming pool and pickleball/tennis courts, this bright waterfront townhome offers filtered lake views and a private boat slip for instant access to the Lake. It is a perfect blend of luxury and relaxation with 3 bedrooms, 2 baths, an updated kitchen with stainless steel appliances, granite counters and a cozy outdoor patio whereby to enjoy morning coffee or evening sunsets. Come experience the lake life from this well priced furnished unit!
Rustic cabin in the Bijou area off if Ski Run Blvd! This centrally located cabin is close to Heavenly Ski Resort, Ski Run Marina, and great shopping and dining options! Built in 1938, this cabin is built on post and piers and is ready for a makeover. The downstairs living floorplan features a kitchen, a living area, and a full bathroom and upstairs is a loft/bedroom area.Interior photos are coming soon!
Brand New 2 bedroom 2 bath manufactured home located in South Lake Tahoe. Inviting covered front porch. High ceilings with oversized windows. Open concept kitchen, living room and dining room. Stainless Steel appliances and a big center Island. Solid surface countertops. Recessed lights. Laminate and carpet flooring. Ceiling fans in the living room and Primary bedroom. Primary bathroom has 2 sinks and a large shower. Primary bedroom has large double closets. Separate laundry room. There's room for a shed to keep all your seasonal items. Space rent is $795 a month plus utilities. Some of the parks amenities include, pool, sauna, park, clubhouse, additional guest parking. Excellent in town location close to all Tahoe has to offer.This unit features a virtual staging effect.
Nestled in the charming Meyers area of South Lake Tahoe, this newly listed three-bedroom, two-and-a-half-bathroom home offers a perfect blend of modern comfort and mountain living. With 1,627 square feet of living space, this updated two-story house sits on a sunny, level lot, providing an ideal setting for year-round enjoyment.The home's downstairs features an open layout, perfect for entertaining. Hand-scraped hardwood flooring adds warmth and character to the spacious living area, which is anchored by a cozy gas fireplace. The kitchen has been thoughtfully renovated with custom cabinets, butcher block counters, and stainless steel appliances, complemented by a pantry for ample storage.Upstairs, you'll find three comfortable bedrooms, including a primary bedroom, along with an additional office or flex room, offering versatility for your lifestyle needs. Each bathroom has been beautifully updated with modern fixtures, custom vanities, and subway tile, creating a fresh and inviting atmosphere throughout the home.One of the property's standout features is its fully fenced backyard, perfect for outdoor enthusiasts and pet owners alike. Two quartzite patios provide ideal spaces for al fresco dining, relaxation, or simply soaking in the mountain air. Additional amenities include an on-demand water heater, a storage shed, and a bear-proof trash container, ensuring both comfort and practicality in this mountain setting.Located close to Tahoe Paradise Park and Lake Baron, this home offers easy access to outdoor recreation. You'll be just minutes away from the shores of Lake Tahoe, Sierra-At-Tahoe, and Heavenly Ski Resort, making it an excellent choice for those who love year-round outdoor activities. With nearby amenities such as Holiday Market and local schools, this property combines convenience with the tranquility of mountain living.
Expansive walls of glass and custom mid-century modern interior design merge to create this INCREDIBLE waterfront home with a PRIME sailing lagoon location that delivers SPECTACULAR mountain, forest and water VIEWS. One of a few lagoon properties with a floating dock for your kayaks and paddleboats. ARCHITECTURALLY STUNNING, this classic home with understated elegance offers Tahoe Keys luxury living at it finest. The spacious, yet intimate great room with vaulted ceilings highlights a Barbara Page Interiors' custom wall. The room delivers a showcase for art work, an exquisite Valor gas fireplace, hand-crafted fixtures and plush carpeting all surrounded by the tranquility of Lake Tallac. This light, bright and airy home also features a master suite that opens into an office, an open kitchen with new quartz counters, chiseled stack stone backsplash, new stainless steel appliances and separate dining area leading to a sunny deck overlooking the waterway. Downstairs living includes a cozy family room w/fireplace, two bedrooms & a full bathroom. Also featured :Central Air Conditioning, laundry/pantry room, an expansive rooftop deck w/360 degree views of the Mountains, Water & Forest to enjoy full sun while lounging during the day or stargazing while enjoying a soak in your hot tub in the evening. Enjoy all of the Tahoe Keys amenities including 2 private beaches and pier, private security, Pickleball & tennis courts, basketball, year-round indoor pool, lakeside outdoor pool open all summer and numerous parks.
Welcome to this beautifully remodeled home that has 3 bedrooms plus office, 2.5 bathrooms, with 1,352 square feet makes for your perfect Tahoe Keys hideaway! Inside, you'll find all the modern updates you could wish for: stylish LVP flooring, recessed lighting, new kitchen that's ready for your culinary masterpieces. With fresh cabinets, sleek countertops, stainless steel appliances, and modern fixtures. The living room is a bright and airy space with expansive water views down the channelperfect for relaxing or plotting your next adventure. The bathrooms have been given upgrades as well, with custom tile, new vanities, and fixtures. Large back deck perfect for entertaining family and friends which leads you down to the boat dock. Be sure to enjoy all the Tahoe Keys amenities, pools, tennis courts, park, and beaches.
This lot is deed-restricted and not eligible for development. However, according to the Tahoe Regional Planning Agency (TRPA), it holds a banked Potential Residential Unit of Use (PRUU), which can be sold on the open market or transferred to another buildable lot. By combining this PRUU with a residential allocation, a full Residential Unit of Use can be created, making this an excellent opportunity for someone looking to add an Accessory Dwelling Unit (ADU) to their property. Banked and Existing Development Rights: Includes 700 sq ft of potential coverage and 1 PRUU.
Situated within the tourist core area plan (TCAP), this approved 30-unit development offers a unique opportunity, backing onto Van Sickle Park and the Heavenly Ski Resort. Spanning 3.74 acres, the property offers ski-in/ski-out access and is directly connected to world-class mountain biking and hiking trails right at your doorstep. Nestled on a picturesque 12-acre meadow, the site boasts stunning views of downtown, the surrounding meadow, and the lake. Its location is within walking distance to major downtown amenities, including the Gondola, Marriott, Casinos, Lake, and Transit Hub.This rare opportunity allows for flexible use- whether you choose to sell some units, keep some units, or rent them out (either as long-term or Vacation Rentals), all these uses are permitted within the Tourist Core. The property is being offered under appraised value, with a great potential for investment and long-term value.Buildings 1, 2, and 5 already have construction documents in place, with work on Lots 1 and 2 underway. The property includes 20 TAUs and one RUU banked, along with 10,000 sq. ft. of Class 1b, which is in excess and not required for the project.Additionally, 3828 Montreal is also for sale, offering a remarkable combined 7-acre development opportunity in the Tourist Core.Buyers and their agents are responsible for conducting thorough due diligence on the property's specifics. While the information provided is deemed reliable, it is not guaranteed by the seller or the seller's agent.
Build your own home! As of 10/31/24 the city building dept has available building allocations. This is a level lot with a few trees. The IPES score and allowable coverage is unknown. The new buyer would have to do a land capability study. The lot used to have the same owner as the home adjacent to it. The fence for the 2 properties is still there. The seller does not plan to remove it nor the 2 small shed and camper behind it. This is a great location!
Charming Turnkey 3-Bedroom Home in Tahoe Keys - Priced Under $1 Million!Nestled in the highly desirable Tahoe Keys neighborhood of South Lake Tahoe, this beautifully remodeled, single-level 3-bedroom, 2-bath home is a true gem - and at an incredible value! Boasting a prime location on a quiet street, this turnkey home offers everything you need for mountain living with modern upgrades and conveniences.Step inside to discover a bright, open layout featuring a cozy wood fireplace perfect for those chilly Tahoe evenings. The recently remodeled kitchen is a chef's dream, complete with stunning granite countertops, new stainless steel appliances, and ample space for cooking and entertaining. The spacious primary bedroom offers a luxurious escape with a large walk-in closet and a private en suite bathroom. Two additional bedrooms provide plenty of room for family or guests, and the separate laundry room makes daily chores a breeze.Take in serene waterway views and breathtaking mountain vistas from your living room or outdoor spaces. As part of the Tahoe Keys community, you'll also enjoy exclusive access to numerous resort-style amenities, including a pool, clubhouse, hot tub, tennis courts, pickle ball courts, a private beach, playground, and scenic bike paths.With your own 25 ft. boat slip (F-23) in the Tahoe Keys Marina just a short walk away, you'll have access to explore beautiful Lake Tahoe and all of the aquatic activities it has to offer. Located just moments from shopping, dining, and recreation, this home offers the perfect balance of convenience and tranquility. Don't miss this rare opportunity to own a move-in-ready Tahoe Keys home at such an incredible price!
Nestled in the heart of the Tourist Core, backing onto Van Sickle Park and Heavenly Ski Resort, this location offers a unique ski-in/ski-out experience for the workforce. One of the permitted uses in TRPA Phase 2 is Achievable Housing in Recreation Zones within the Tourist Core. With a height limit of 65 feet, reduced parking requirements, and unlimited density, it's possible to accommodate 70 to 90 achievable housing units. TRPA has plenty of Units of use to accommodate entire development.Imagine the convenience of working and playing all within walking distance of the gondola, downtown, the transit hub, the lake, and local casinos, all while enjoying direct access to world-class mountain biking and hiking right out your backdoor. This presents a genuine opportunity to provide housing for our workforce, allowing them to fully embrace everything Tahoe has to offer.The accompanying images depict basic concepts for potential buildings and parking layouts. With new density bonuses and smarter land use, developing additional units is within reach.Additionally, 3794 Montreal is also for sale, offering a remarkable combined 7-acre development opportunity in the Tourist Core.The buyer and the buyer's agent are responsible for conducting thorough due diligence on the property's characteristics. The seller and the seller's agent consider the information provided to be dependable, though it is not guaranteed.
South Lake Tahoe is located in California. South Lake Tahoe, California has a population of 21,355. South Lake Tahoe is less family-centric than the surrounding county with 29.06% of the households containing married families with children. The county average for households married with children is 30.32%.
The median household income in South Lake Tahoe, California is $57,976. The median household income for the surrounding county is $88,770 compared to the national median of $69,021. The median age of people living in South Lake Tahoe is 39 years.
The average high temperature in July is 79.5 degrees, with an average low temperature in January of 21.1 degrees. The average rainfall is approximately 23.3 inches per year, with 142.4 inches of snow per year.
