735 Emerald Bay Rd South Lake Tahoe, CA 96150
Property profile & analytics
735 Emerald Bay Rd South Lake Tahoe, CA 96150
- Hotels
- 6,628 SF
- 0.99 lot acres
Property ID
US09-0127183
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- South Lake Tahoe Weddings / Wedding Service
- Emerald Bay Lodge / Hotel & Motel / Resort
- Pine Cone Acre Motel / Hotel & Motel
Property Details for 735 Emerald Bay Rd
- Year built
- 1958
- Construction
- WOOD
- Lot size
- 0.99 lot acres
- Property size
- 6,628 SF
- Zone code
- TC
- Property type
- Hotels
- Property subtype
- Motels
- APN
- 023-161-005-000
- APU
- 23161005000
Description
This exceptional 24-unit hotel in South Lake Tahoe, CA, presents a lucrative investment opportunity. Boasting 6,628 square feet across two stories, the property underwent extensive renovations in 2023, including a new roof, interior finishes, flooring, lighting, bathrooms, entry doors, keyless locks, high-speed internet, and cable service. All furniture and bedding are brand new. The hotel features a manager's unit, an outdoor bar, and a swimming pool. Located on a one-acre lot (APN 023-161-005-000) in the Town Center zone, it benefits from a prime location near popular attractions like Heavenly Mountain Resort and Lake Tahoe. Plans for a restaurant and additional outdoor bar have been submitted to the El Dorado County Health Department. Built in 1958, this fee-simple property offers significant upside potential in a thriving tourist destination. The asking price is $4,250,000 ($641.22/sq ft). This turnkey operation is ready for immediate income generation. The property's recent renovations ensure a high standard of comfort and appeal for guests, maximizing return on investment. Its location in the heart of South Lake Tahoe provides easy access to a wide range of recreational activities and amenities, attracting a steady stream of visitors throughout the year. The Town Center zoning allows for diverse development possibilities, further enhancing the property's long-term value.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $675,000
- 6.5%
- $625,000
- 7%
- $580,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $555,000
Market price range: $178k - $1.66M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- South Lake Tahoe
- County
- El Dorado
- State
- California
- Longitude
- -120.013
- Latitude
- 38.9198
- CBSA code
- 40900
- CBSA name
- SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$9,314
$202,152
$635,345
$837,497
-
$0.00
$0.00
$0.00
