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Commercial Land with Established Development Rights
New
For Sale
$6,500,000

2659 Lake Tahoe Boulevard, South Lake Tahoe, CA 96150

Land, South Lake Tahoe, CA

Property SizeContact for details
Lot Size1.25 Acres
Days on Market4

Property Features for 2659 Lake Tahoe Boulevard

General Information

Property type Land
Property subtype Other
Interior features High Speed Internet
Directions on Lake Tahoe Blvd between Taco Bell and Jack in the box. Closest cross street is Martin (Martin is west of the property on north side of Lake Tahoe Blvd.)
Subdivision Tahoe-Sierra
Standard status Active
APN 031257007000
Lot size 1.25 Acres

Utilities

Utilities Cable Available
Water source Well
Listing Agency: Chase International - South Lake Tahoe
Listed By: Scott Wadsworth · License #01218830
Added: Oct 14 Changed: Oct 16 Last Checked: Oct 17 at 5:06PM
MLS# 143576

Copyright © 2026 South Tahoe Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 1.2458-acre commercial parcel is on Lake Tahoe Boulevard in South Lake Tahoe. TRPA files 19881428STD and 198810175STD establish development rights for 64 tourist accommodation units and 3,797 sq. ft. of commercial floor area. The property also has more than 43,000 sq. ft. of banked coverage.

Available property details include cable service and a well water source.

Key Highlights

  • 1.2458 acres on Lake Tahoe Boulevard in South Lake Tahoe
  • Established rights for 64 tourist accommodation units
  • 3,797 sq. ft. of commercial floor area in TRPA files 19881428STD and 198810175STD

Property Analytics

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Current Use

Sunray Tahoe Hotel Hotel & Motel Julie's custom cakes Bakery

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Pharmacy Carpet & Flooring Store (Bike/Boat/Book/etc) Store Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

604
Businesses Nearby

Demographics for 96150, CA

29,518
Population
23,472
Households
1.3
Avg Household Size
40
Median Age
39%
College-Educated
92%
High-School Grad
163.2 sq mi
ZIP Area
181
Density / Sq Mi
$83,738
Median Household Income
$45,582
Median Earnings
$1,497
Median Rent
$649,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - The parcel includes recorded development rights for tourist accommodation and commercial floor area.
Where is this commercial land located?
The property is located at 2659 Lake Tahoe Boulevard South Lake Tahoe, CA.
What is the asking price?
The asking price for this property is $6,500,000.
What are key features of this property?
This property features: 1.2458 acres on Lake Tahoe Boulevard in South Lake Tahoe; Established rights for 64 tourist accommodation units; 3,797 sq. ft. of commercial floor area in TRPA files 19881428STD and 198810175STD
More about this property
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