930 Balbijou Rd
- • Extraordinary Views: Lakeshore Lodge is among the few South Lake Tahoe hotels that sit directly on the lake.
- • Prime Location: Direct beach access and minutes from Heavenly Ski Resort and downtown South Lake Tahoe.
- • High Barriers to Entry: South Lake Tahoe presents significant barriers to new development and has a cap on new Tourist Accommodation Units (TAUs)
- • Unencumbered of Brand and Management: The property is independently operated with optionality for repositioning.
- • Additional Captive Revenue Stream: Management contract in-place with adjacent condo community.
- • Significant Value-Add Potential: Primed for interior and exterior renovations with potential to increase key count using unused TAUs or add rooftop amenity/restaurant space to partially undeveloped 4th story.
Property Description
NAI Tahoe Sierra, as exclusive advisor to the Seller, is pleased to offer the opportunity to purchase a fee simple interest in Lakeshore Lodge ("the Property"), a 45-key lakefront hotel in South Lake Tahoe, CA. The property sits on 1.7 acres with approximately 350 feet of lake frontage and includes ample parking, a swimming pool, and direct access to sandy beaches and outdoor gathering spaces. Lakeshore lodge is one of few truly lakefront properties in South Lake Tahoe, offering stunning views of both lake and mountains while maintaining convenient access to world-class outdoor recreation, shopping, dining, and entertainment options. Originally built in 1969, the property offers a diverse mix of unit types and amenities including in-unit kitchens, an on-site spa and conference room, and summer concerts on the beach. There is significant value-add potential for both interior and exterior upgrades, including potential to add additional keys or utilize the partially undeveloped 4th story for additional restaurant/amenity space. The offering represents a rare opportunity to acquire a lakefront hotel primed for renovation in a world-renowned destination with limited lakefront availability and significant barriers to entry
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Hospitality |
| Price: | $14,900,000 |
| No. of Units: | 45 |
| Year Built: | 1969 |
| Lot Size: | 1.71 Acres |
| Opportunity Zone: | No |
| Price per unit: | $331,111 |
| Property Website | Click Here |
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