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    Property profile & analytics

    947 Park Ave South Lake Tahoe, CA 96150

    • Hotels
    • 7,119 SF
    • 0.55 lot acres
    For Sale
    View listing
    $3,250,000
    Value Estimation
    Last Sale
    Jun 25, 2021
    $2,325,000
    Location Intelligence
    Property ID
    US09-3366357
    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.

    Current Use by Public Records

    • Adventure Stays LLC / Vacation Home Rental Agency
    • The Moose and Maple Lodge / Lodge
    • Adventure Stays / Property Management Company / Service Establishment

    Property Details for 947 Park Ave

    Year built
    1964
    Construction
    WOOD
    Lot size
    0.55 lot acres
    Property size
    7,119 SF
    Zone code
    TC
    Property type
    Hotels
    Property subtype
    Motels
    APN
    029-064-006-000
    APU
    29064006000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,120,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,250,000
      6.5%
      $2,505,000
      7%
      $2,540,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,685,000
      Geo Method
      $2,040,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,570,000
      Retail
      $2,535,000
      Mixed-Use
      $1,965,000
      Hospitality
      $2,255,000
      Educational
      $2,355,000
      Residential Income
      $1,965,000
      Energy
      $2,025,000
      Income-Based Land
      $1,965,000
      Food Service
      $2,010,000

    Location Insight

    • Map
    • Local Demand
    City
    South Lake Tahoe
    County
    El Dorado
    State
    California
    Longitude
    -119.946
    Latitude
    38.9565
    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
    $26,162
    $572,220
    $1,854,498
    $2,426,718
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      1.71 Acres

      930 Balbijou Rd

      HOTEL/MOTEL • 1.71 Acres
      930 Balbijou Rd, South Lake Tahoe, CA 96150-8919
      View Details
    • Value Estimation by Request
      7,544 SF

      2187 Lk Tahoe Blvd

      HOTEL/MOTEL • 7,544 SF
      2187 Lk Tahoe Blvd, South Lake Tahoe, CA 96150-6461
      View Details
    • Value Estimation by Request
      29,054 SF

      4126 Pne Blvd

      HOTEL/MOTEL • 29,054 SF
      4126 Pne Blvd, South Lake Tahoe, CA 96150
      View Details
    • Value Estimation by Request
      178,600 SF

      1480 Emerald Bay Rd

      HOTEL/MOTEL • 178,600 SF
      1480 Emerald Bay Rd, South Lake Tahoe, CA 96150
      View Details
    • Value Estimation by Request
      4,028 SF

      1261 Ski Run Blvd

      HOTEL/MOTEL • 4,028 SF
      1261 Ski Run Blvd, South Lake Tahoe, CA 96150-8604
      View Details
    • Value Estimation
      $4,585,000
      15,137 SF

      1200 Ski Run Blvd

      HOTEL/MOTEL • 15,137 SF
      1200 Ski Run Blvd, South Lake Tahoe, CA 96150-8514
      View Details

    Similar Nearby for Sale

    • $8,500,000
      14,644 SF

      Lake Tahoe Hotel Investment Opportunity

      41-Key Motel, Prime Location
      924-930 Park Ave. Lk, South Lake Tahoe, CA 96150
      View Details
    • $2,950,000
      8,136 SF

      South Lake Tahoe Motel Property

      Motel with apartment near casinos, ski lifts, shopping, and restaurants.
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    • $3,250,000
      24,000 SF

      Moose and Maple Lodge Hotel

      14-key hotel near Lake Tahoe and Heavenly Village.
      947 Park Ave, South Lake Tahoe, CA 96150
      View Details
    • $6,950,000
      30,000 SF

      South Lake Tahoe Hotel Opportunity

      42-key hotel near Lake Tahoe and Heavenly Gondola.
      4133 Cedar Ave, South Lake Tahoe, CA 96150
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    • $3,900,000
      10,836 SF

      South Lake Tahoe Hotel Investment

      33-unit hotel near casinos, shopping, and Heavenly Village.
      3901 Pioneer Trl, South Lake Tahoe, CA 96150
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      14,644 SF

      South Lake Tahoe Dual Motels

      Two contiguous motels with 41 total units on Park Ave.
      924-930 Park Ave, South Lake Tahoe, CA 96150
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    Similar Nearby for Lease

    • $22,000
      4,440 SF

      Recently Renovated South Lake Tahoe Hotel

      22-room hotel near Heavenly Village and Stateline Casino.
      985 Park Ave, South Lake Tahoe, CA 96150
      View Details
    • $27 SF/Yr
      7,168 SF

      Tahoe Plaza Office Building For Sale

      Prime South Lake Tahoe Office Space
      2311 Lake Tahoe Blvd, South Lake Tahoe, CA 96150
      View Details
    • Contact for pricing
      10,118 SF

      Lake Tahoe Coworking Office Space

      Amenitized coworking space in South Lake Tahoe with mountain access.
      3079 Harrison Ave, South Lake Tahoe, CA 96150
      View Details
    • $2 SF/Yr
      52,520 SF

      Prime Retail Location in Tahoe

      High-traffic retail space in South Lake Tahoe's gateway location.
      2014-2062 Lake Tahoe Blvd, South Lake Tahoe, CA 96150
      View Details
    • $69 SF/Yr
      6,353 SF

      South Lake Tahoe Retail Spaces

      Prime Lake Tahoe location, multiple units available.
      4101 Lake Tahoe Blvd, South Lake Tahoe, CA 96150
      View Details
    • Contact for pricing
      20,000 SF

      Ski Run Marina Retail/Office Space

      Retail and office spaces available in Ski Run Marina.
      900 Ski Run Blvd, South Lake Tahoe, CA 96150
      View Details

    Property Visit Statistics

    • Visits by month
      8.2k
    • Visitors by month
      5.4k
    • Avg Time on site
      357 min
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    947 Park Ave
    South Lake Tahoe, CA 96150
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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