941 Emerald Bay Rd South Lake Tahoe, CA 96150
Approved development parcel in Tahoe Valley with mixed-use potential.
Lot size:
0.56 AcresProperty Features for 941 Emerald Bay Rd
General Information
- Lot size
- 0.56 Acres
Source:
Naiglobal
Listing Agent: Scott Fair
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Vacant Parcel with Development Rights
This vacant parcel at the "Y" intersection comes with development rights and an approved flexible design format project by the City of South Lake Tahoe and TRPA. The current plans feature a mixed-use building of 7,604 square feet, including retail or restaurant space on the first floor, office space on the second floor, and deluxe apartments on the third floor. Additionally, there is a small accent building designed to house an art studio and a loft apartment. The building is designed for general purposes and intended to meet certified Green Building standards. The property includes TVAP CFA coverage of 6,170 square feet, with a bonus of 1,434 square feet of banked CFA, as well as 1,212 square feet of offsite coverage. Located in the Tahoe Valley Area Plan, the developer has the option to use the current plans or design their own project. The property features 1,434 square feet of banked CFA, 6,170 square feet of bonus CFA, and 18,633 square feet of coverage (banked and paid for, with no new TRPA coverage fees). It has a 45-foot height restriction and a TRPA Class 7 land rating, along with a grandfathered Caltrans encroachment.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Commercial land
Location Insight
- Map
- Local Demand
- City
- South Lake Tahoe
- County
- El Dorado
- State
- California
- Longitude
- -120.006237
- Latitude
- 38.915412
Nearby Similar for Sale
FAQs
What type of property is this?
Land - Approved development parcel in Tahoe Valley with mixed-use potential.
Where is this land located?
The property is located at 941 Emerald Bay Rd South Lake Tahoe, CA.
What is the asking price?
The asking price for this property is $765,000.
What are key features of this property?
This property features: - Approved flexible design format project allows for immediate development.; - Substantial CFA coverage with 6,170 sf bonus and 1,212 sf of Offsite Coverage available.; - Option to use existing mixed-use building plans or design a custom project.