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Key Details
Sold Price $750,000
Property Type Vacant Land
Sub Type Vacant Land
Listing Status Sold
Purchase Type For Sale
Subdivision Heavenly Pines
MLS Listing ID 140095
Sold Date 01/16/26
Lot Size 2.404 Acres
Acres 2.4039
Property Sub-Type Vacant Land
Property Description
Premium development opportunity -- 37 UNITS can be built on this nearly 2.5-acre Lakeview Heights parcel that sits less than 1/2-mile from the California base lodge of Heavenly Ski Resort, 1-mile from Ski Run Marina and 2 miles from the Stateline casino corridor. Class-6 land capability and 30% coverage equates to over 31,000-sf of allowable coverage, that does not account for the numerous exemptions offered by the TRPA for high capability parcels. Located in Special Area #1, the allowed uses included single-family, condo/townhomes, multi-family, timeshares, hotel/motel or restaurants. The hotel/motel opportunity provides for a residential design option that allows the creation of luxury, ADA compliant townhomes with on-site management that can be utilized as nightly rentals for premier income potential. 14 PRU's (development rights) and 1 RUU (Residential Unit of Use) exist on the property, and the balance of entitlements are currently available through the City of So Lake Tahoe or other 3rd party portals.
Location
State CA
County El Dorado
Area Heavenly Valley
Exterior
Utilities Available NaturalGasAvailable, Cable TV, Telephone
View Mountain, Forest, Ski Resort, Filtered
Building
Sewer City Sewer, Utility District
Water City Water, Utility District
Others
Ownership Fee Simple
Acceptable Financing Cash
Listing Terms Cash
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Bought with Compass

Agent | License ID: CA 02099002- NV S.0196277
+1(530) 788-8251 | michellecrystal.bauer@exprealty.com



