1234 San Bernardino Ave South Lake Tahoe, CA 96150
This exceptional 2,722 sq ft lot in South Lake Tahoe's Meyers neighborhood presents a rare opportunity to build your dream home. Located at 1234 E San Bernardino Avenue, 96150, this property boasts approved plans and secured allocation, significantly streamlining the construction process. Architectural and engineering work, along with some associated fees, have already been paid, saving you considerable time and expense. The large, flat lot enjoys abundant sunshine and privacy, enhanced by its location across from National Forest land and an open lot behind. Enjoy proximity to Tahoe Paradise Park, Lake Baron, the Truckee River, and numerous bike trails. The beach is a mere 10-minute drive away, and world-renowned ski resorts are within minutes. The existing plans detail a stunning 4-bedroom, 2.5-bathroom home with downstairs living, an open-beam ceiling, and an oversized garage featuring 9-foot doors. This turnkey opportunity is priced at $299,900 and represents an exceptional value given the completed groundwork and prime location. Don't miss this chance to build your Tahoe dream home. This is a manufacturing lot, classified as land and industrial.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.