The median home value in South Lake Tahoe, CA is $317,900.
the county median home value of $329,400.
The national median home value is $170,100.
The average price of homes sold in South Lake Tahoe, CA is $317,900.
Approximately 24.21% of South Lake Tahoe homes are owned,
compared to 30.39% rented, while
45.4% are vacant.
South Lake Tahoe real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you see a property you’re interested in, contact a South Lake Tahoe real estate agent to arrange a tour today! Learn more about South Lake Tahoe Real Estate.
This motel has the closest proximity in walking distance to the major casinos, Heavenly Village gondola lift, Edgewood Golf Course, the lake front sand beach and community boat marina. There are 40 unit out of which 39 rooms are rentable. The business has been consistently profitable for the last 15 years. This is also potential redevelopment project with great upside potential together with the adjacent two other motels. The prime location is absolutely the best in South Lake Tahoe. Combined with the two neighboring motels (separate listings), the three lots are located on the California side right on street corner of Stateline Ave and Lake Parkway. Being next all major casinos on the Nevada side, the state union employees could stay in California and have all the fun at the casinos right across the street. Please use Google Map to see its unrivaled prime location in South Lake Tahoe. Currently there are a total of 82 rooms (39+22+21) of the three separate motels and each is very profitable already. After the redevelopment it could become a luxury hotel for over 100 rooms at one of the best location in South Lake Tahoe.
Based on information from California Regional Multiple Listing Service, Inc. as of today. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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