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    735 Emerald Bay Rd South Lake Tahoe, CA 96150

    For Sale
    $3,480,000

    Renovated 24-unit hotel with pool and bar in South Lake Tahoe.

    Property size:
    6,628 SF
    Lot size:
    1.00 Acre

    Property Features for 735 Emerald Bay Rd

    General Information

    Size
    6,628 SF
    Lot size
    1.00 Acre

    Building Details

    Year built
    1958

    Source: Scott Fair Agent Scott Fair

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Emerald Bay Lodge Hotel

    The Emerald Bay Lodge Lake Tahoe is a 24-room hotel, including a manager's unit, an outside bar, and a swimming pool. The property consists of three building stories with a Gross Building Area (GBA) of approximately 6,628 square feet. Renovations, which began in 2022, have revitalized the property, enhancing its appeal and functionality. Completed capital improvements include a new roof, new interior walls and ceiling finish and paint, new flooring, new interior lighting, new bathrooms, new entry doors, new keyless locks, new high-speed wireless internet and cable service, and completely new furniture and bedding. The property is zoned for Town Center, offering diverse development opportunities. It is located in South Lake Tahoe, a popular tourist destination, and is in proximity to dining and entertainment options, offering the opportunity to capitalize on the tourism industry.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    South Lake Tahoe ... Wedding Service Emerald Bay Lodge Indoor Lodging Pine Cone Acre ... Motel

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    South Lake Tahoe
    County
    El Dorado
    State
    California
    Longitude
    -120.012333
    Latitude
    38.919398

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    FAQs

    What type of property is this?
    Hotel - Renovated 24-unit hotel with pool and bar in South Lake Tahoe.
    Where is this hotel located?
    The property is located at 735 Emerald Bay Rd South Lake Tahoe, CA.
    What is the asking price?
    The asking price for this property is $3,480,000.
    What are key features of this property?
    This property features: - Extensively renovated starting in 2022 with new roof, interior finishes, bathrooms, furniture, and keyless locks.; - 24 units including a manager's unit, outside bar, and swimming pool.; - Prime location in South Lake Tahoe, a popular tourist destination.
    (530) 525-2304
    Request Owner's contact information
    735 Emerald Bay Rd South Lake Tahoe, CA 96150
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    South Lake Tahoe, CA 96150
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    735 Emerald Bay Rd South Lake Tahoe, CA 96150
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