Renovated Boutique
New
For Sale
$3,425,000
930 Park Ave, South Lake Tahoe, CA 96150
The property offers varied accommodations, including kitchenettes, full kitchens, fireplaces, and Jacuzzi tubs.
Property SizeContact for details
Days on Market3
Property Features for 930 Park Ave
General Information
Standard status
Active
Property subtype
Hotel
Financials
Asking Price
$3,425,000
Cap Rate
9.69%
Building Details
Year Renovated
2021
Listing Agency:
NAI Tahoe Sierra
(530) 525-2304
Listed By:
Scott Fair · License #CalDRE #01761504
(530) 525-2304
Source:
Naiglobal
Added: Aug 20
Changed: Aug 21
Last Checked: Aug 22 at 4:22AM
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 NAI Tahoe Sierra
Investment Insights
Based on property information with market context.
Heavenly Inn is an 18-unit boutique hotel that includes a manager’s unit and a broad range of guest accommodations. The mix includes king rooms, two-queen rooms, kitchenette units, full-kitchen units, and apartment-style layouts. Select rooms add fireplaces and Jacuzzi tubs, while extensive renovation work was completed in 2021.
The hotel is located at 930 Park Ave in South Lake Tahoe’s Tourist Core, with walkable access to Heavenly Village, the gondola, Lake Tahoe beaches, dining, retail, and casinos. Edgewood Tahoe Golf Course and Tahoe Blue Event Center are also nearby. The property may be combined with the adjacent Secrets Inn, creating a 41-unit operation.
The hotel is located at 930 Park Ave in South Lake Tahoe’s Tourist Core, with walkable access to Heavenly Village, the gondola, Lake Tahoe beaches, dining, retail, and casinos. Edgewood Tahoe Golf Course and Tahoe Blue Event Center are also nearby. The property may be combined with the adjacent Secrets Inn, creating a 41-unit operation.
Key Highlights
- 18 total units, including a manager’s unit
- Extensively renovated in 2021
- Accommodation mix includes king, two‑queen, kitchenette, full‑kitchen, and apartment‑style units
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
786
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Hotel - The property offers varied accommodations, including kitchenettes, full kitchens, fireplaces, and Jacuzzi tubs.
Where is this hotel located?
The property is located at 930 Park Ave South Lake Tahoe, CA.
What is the asking price?
The asking price for this property is $3,425,000.
What are key features of this property?
This property features: 18 total units, including a manager’s unit; Extensively renovated in 2021; Accommodation mix includes king, two‑queen, kitchenette, full‑kitchen, and apartment‑style units
