4133 Cedar Ave South Lake Tahoe, CA 96150
Property Features for 4133 Cedar Ave
General Information
- Size
- 30,000 SF
Source:
Naiglobal
Listing Agent: Rob Nation
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
South Lake Tahoe Hotel Opportunity
Blue Jay Lodge is a 42-key hotel, including one manager's unit, situated in South Lake Tahoe, CA, on 0.69 acres. The property features ample parking, a swimming pool, and outdoor gathering spaces. Located steps from the beaches of scenic Lake Tahoe and the Heavenly gondola, it provides year-round access to outdoor recreation, shopping, dining, and entertainment. The property is located steps from Heavenly Village, Heavenly Ski Resort, and the shores of Lake Tahoe. Guests are also within walking distance to ample shopping, dining, and nightlife opportunities, including the nearby casinos and newly constructed Tahoe Blue Event Center which hosts year-round concerts, conventions, and sporting events. The property is located within a federally designated Opportunity Zone, offering tax incentives to future investors. The current ownership is including its proprietary brand and management systems in the sale, allowing the next owner to have dedicated staff and full tech stack in place on day one of ownership. Blue Jay Lodge has been recently upgraded with interior and exterior renovations as well as solar installation which will net an estimated savings of approximately $30,000 annually on utility costs. Current operations rely heavily on OTAs for 3rd party bookings, presenting additional updates for a future owner to reduce booking costs going forward.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Blue Jay Lodge
Inn
Location Insight
- Map
- Local Demand
- City
- South Lake Tahoe
- County
- El Dorado
- State
- California
- Longitude
- -119.94473
- Latitude
- 38.959167
Nearby Similar for Sale
FAQs
What type of property is this?
Hotel - 42-key hotel near Lake Tahoe and Heavenly Gondola.
Where is this hotel located?
The property is located at 4133 Cedar Ave South Lake Tahoe, CA.
What is the asking price?
The asking price for this property is $6,950,000.
What are key features of this property?
This property features: - Prime location steps from Lake Tahoe beaches and the Heavenly gondola, offering year-round access to recreation, shopping, dining, and entertainment.; - Turnkey operation with proprietary brand, management systems, dedicated staff, and full tech stack included in the sale.; - **Recent capital improvements including interior/exterior renovations and solar installation with an estimated $30,000 annual utility savings.**