Vacant Parcel with Development
941 Emerald Bay Road South Lake Tahoe, CA 96150
For Sale
$765,000
Approved development parcel in Tahoe Valley with mixed-use potential.
Days on Market250
Property Features for 941 Emerald Bay Road
General Information
Standard status
Active
Property subtype
Land
Listing Agency:
NAI Tahoe Sierra
(530) 525-2304
Listed By:
Scott Fair · License #CalDRE #01761504
(530) 525-2304
Source:
Naiglobal
Added: Nov 21, 2025
Changed: Jul 6
Last Checked: Jul 29 at 4:00AM
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.
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.
Key Highlights
- 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.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
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 Road 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.
