1331 Emerald Bay RdSouth Lake Tahoe, CA 96150

Exceptional investment opportunity in South Lake Tahoe, California! This 0.65-acre parcel (APN 032-221-002-000) at 1331 Emerald Bay Rd, zoned TC, offers approved plans for a four-plex building. The plans detail a two-story structure with attached garages, one car per unit. Each unit boasts approximately 900 square feet of living space. Importantly, two units are designated for moderate-income housing and are restricted from use as second homes or vacation rentals. City of South Lake Tahoe approvals are in place, and the plans are available for review. This property enjoys excellent walkability and bikeability to local amenities at The Crossing and the South Tahoe Y. The property's highway frontage ensures high visibility and accessibility. Note that renderings are for illustrative purposes and are subject to change. The asking price is $699,990. This is a for-sale-by-owner listing.