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Hospitality Property with Residences
For Sale
Contact for pricing
Pending

661 Emerald Bay Road, South Lake Tahoe, CA 96150

Eight permitted residences sit on one acre, plus an outbuilding that could be converted to residential use.

Property SizeContact for details
Lot Size1.00 Acre
Days on Market143

Property Features for 661 Emerald Bay Road

General Information

Standard status Pending
Lot size 1.00 Acre
Property subtype Industrial, Hospitality

Additional Details

Multifamily Units 8
Listing Agency: Coldwell Banker McKinney and Assoc. Inc Realtors
Listed By: Peggy Eichhorn · License #CA
Source: Crexi
Added: Apr 12 Changed: Aug 24 Last Checked: Sep 1 at 4:43AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker McKinney and Assoc. Inc Realtors

Investment Insights

Based on property information with market context.

This hospitality property includes eight permitted residences on approximately one acre of land. There is also an outbuilding that could be converted into residential use, providing flexibility for additional living units.

The property offers year-round access. It is within walking distance to beaches and restaurants and is located on a bike trail that runs for miles.

The setting and existing residential entitlements support continued residential use and potential expansion through the additional outbuilding conversion, subject to applicable requirements and approvals.

Key Highlights

  • Eight permitted residences on 1 acre of land
  • Outbuilding on‑site could be converted to residential use
  • Year‑round access

Property Analytics

Current Use

Cakes By the Lake Bakery

Suggested Use

Top Pick Furniture & Home Goods (Bike/Boat/Book/etc) Store Pharmacy Veterinary Clinic Home Appliance Store Garden Center

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

Lease Details

8
Residential units

Location Intelligence

Trade Area within ½ mile

377
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Resort - Eight permitted residences sit on one acre, plus an outbuilding that could be converted to residential use.
Where is this resort located?
The property is located at 661 Emerald Bay Road South Lake Tahoe, CA.
What are key features of this property?
This property features: Eight permitted residences on 1 acre of land; Outbuilding on‑site could be converted to residential use; Year‑round access
More about this property
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