Address
4089-4091 Pine Boulevard, South Lake Tahoe, CA
Price
$ 2,480,000
Property Attributes
  • MLS#139493
  • TypeMulti-Family
  • CountyEL DORADO
  • CitySouth Lake Tahoe
  • AreaStateline
  • NeighborhoodLakeside Park
  • Zip96150
  • StyleQuadruplex
  • Price$ 2,480,000
  • Bedrooms8
  • Full Bathrooms4
  • Half Bathrooms4
  • Sqr Footage4200
  • Lot Size0.32 Acres
Data Source:
South Tahoe MLS (STAR)
Property Description

Located within the Tourist Core these two townhouse style duplex properties are in an excellent location. Walk to the casinos at Stateline, Gondola at Heavenly Village and to the lake, beach and marina at Lakeside Beach Park. There are two duplexes , one with address 4089 Pine Blvd. and one with address 4091 Pine Blvd. Years ago there were two separate parcels but a lot consolidation was done by the previous owner to one parcel with 13,932 SF in size with the capability of separating back into two separate lots each with one duplex. Since these 4 units are located within the tourist core there is the potential to do a condo conversion so that each unit could be a vacation rental. The Tourist Core Area Plan shows these 4 units are in the Tourist Center-Mixed Use allowing for multi-family, single family including condos, bed & breakfast, hotel, motel and time share. There is also the possibility of 25 units/acre for multi-family. Each unit is a 1,050 SF 2 bedroom 1/1/2 bath with identical floor plans with the living, kitchen and 1/2 bath on the ground floor and then upstairs 2 bedrooms 1 bath. Each unit has it's own fireplace and nice back decks. Two of the units have been tenant occupied for 10 & 20 years, and two of the units are currently vacant as have been undergoing recent upgrades of laminate flooring, carpet, kitchen cabinetry, appliances, and granite counters. The exterior was repainted in 2021 and a new 40 year composition roof in 2022. Plus this property has a deeded access to the Lakeside Beach & Marina!

Price History
10/12/2023 Listed $2,480,000

General Features

Exterior Features Storage Shed
Listing Agent Name Madeleine R Gutierrez

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 96150

Price
AVG $1.99M
$2.48M
Visits
AVG 21
15
Data Provided by Inside Real Estate®
Year Built
AVG 1980
1975
Walkscore
AVG 64
58
Data Provided by Walkscore® not using MLS data