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Property profile & analytics
OFF-MARKET
Estimated value
$7,040,000
Hotels
931 Park Ave, South Lake Tahoe, CA 96150-6974
Individually Owned
22-yr Hold
~
Est. High Equity
Property ID
US09-2991047
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1959
Total area
85,722 SF
Lot
1.97 ac (85,813 SF)
Zoning code
TC
APN
029-041-030-000
UPID
US09-2991047
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
3 Peaks Resort & Beach Club Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$8.06M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.04M
Owner & transaction history
Peaks Resort · 22 yrs held
Peaks Resort
since 2003
7 recorded transactions
Zoning & alternative use
TC · South Lake Tahoe, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs South Lake Tahoe submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs South Lake Tahoe submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$8,735,000
6.5%
$8,060,000
7%
$7,485,000
Blend value · Realmo final
$7.04M
Range $6.34M – $7.74M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$82 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$38,166
Tax year 2023
Assessed value
$3,425,632
Assessed 2023
Previous assessed
$3,425,632
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$1,419,928
Assessed improvement
$2,005,704
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
1959
Heating
NONE
Units
67
Total area
85,722 SF
Lot
1.97 ac (85,813 SF)
Zoning code
TC
APN
029-041-030-000
UPID
US09-2991047
Jurisdiction
EL DORADO
Zoning & alternative use
TC · South Lake Tahoe, CA
Zoning TC · permitted uses
TC · South Lake Tahoe, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
South Lake Tahoe. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1959
Heating
NONE
Units
67
Lot
1.97 ac
Current owner
From public records · entity-resolved
Peaks Resort
Individual
Mailing address
PO BOX 12190, SAN DIEGO, CA 92112-3190
Ownership since
2003
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 28, 2025
—
3 Peaks Resort & Beach Club LLC
—
Deed
related
$8,450,000 · Zb NA
Aug 12, 2003
—
Peaks Resort
Aventine Resort & Beach Club
Grant Deed
$1,900,000 · Community National Bank
Apr 22, 2002
$2,370,000
Aventine Resort
Pacifica Resort Holdings INC
Grant Deed
—
Jan 24, 1997
—
Surano,lawrence P
Pacifica Lodge
Trustees Deed
related
$1,000,000 · El Dorado Savings Bank
—
—
3 Peaks Resort & Bch Club LLC
—
Deed Of Trust
related
$5,150,000 · California Bk&tr
—
—
3 Peaks Resorts & Beach Club
—
Loan Modification
related
$4,414,685 · Pacific Wstrn Bk
—
—
Pacifica Resort Holdings
—
Deed Of Trust
related
$27,500 · Warnick Trust
Sep 23, 1957
$100,000
—
—
Grant Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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