Address
30 Lake Parkway # 1-20, South Lake Tahoe, CA
Price
$ 68,900,000
Property Attributes
  • MLS#139392
  • TypeCommercial
  • CountyEL DORADO
  • CitySouth Lake Tahoe
  • AreaStateline
  • Zip96150
  • StyleCommercial
  • Price$ 68,900,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size3.43 Acres
Data Source:
South Tahoe MLS (STAR)
Property Description

It's an opportunity that may present itself once in a lifetime. So much so that rare is an understatement for Gondola Vista Estates. Consisting of 20 common wall single-family residences, this completed luxury development on 3.43 acres of prime Lake Tahoe land is offered as a turnkey investment package. Located in the coveted Tourist Corridor (TC) of South Lake Tahoe, California, all units are professionally managed and seasoned vacation rentals, a privileged status transferable upon sale. These architectural gems allow you to ski-in/ski-out acclaimed Heavenly Resort. Minutes from beaches, celebrated golf courses, fine dining, and thousands of acres of hiking, each home is intelligently designed, professionally furnished, and exquisitely appointed. With impressive rental histories, Gondola Vista Estates is perfect for a 1031 exchange, collaborative investment group, or add to your real estate portfolio. Insightful floor plans include main-level bedroom suites and elegant finishes making each of the 20 homes unique. A modern palette of sleek tiles, artwork, steel, reclaimed wood, and natural textures combine to present individuality and refinement. Culinary spaces are well-appointed, offering openness for everyone to participate. Natural light blends Mother Nature with great rooms, warm fireplaces, and comfortable furnishings. Exquisite bathrooms feature soaking tubs, heated floors, and steam showers. Intimate nooks for reading or quiet conversation showcase flexible floor plans. There are home automation and built-in sound systems. Over-sized 2-car garages include electric car charging stations. Built for those who appreciate craftsmanship and a desire for all that Lake Tahoe offers. A range of amenities, such as covered decks with gas fireplaces, are perfect for bistro dining or reminiscing about the day's adventures. Select units include a bubbling hot tub and built-in gas grills. Flexible seating areas equal more star gazing and watching moonlit shadows rise on the forest floor. Respectfully constructed, each unit boasts low-maintenance landscaping, and earth-conscious paver stones. Acclaimed Heavenly Ski Resort and Van Sickle State Park, a pristine 12,000-acre forest playground, are your neighbors. In this exclusive setting, you're a stone's throw away from Lake Tahoe's crystal waters and over 100 amenity-based services. How about a short walk to fine dining, shopping, events, spas, or gaming? Then, return home to your forested enclave, where you can grab a trail and drift off into a national forest also known as your backyard. Globally recognized, Lake Tahoe is your epicenter for winter/summer sports, boating, golf, 300+ days of sunshine, and affluent Alpine living. Taking center stage as Lake Tahoe's unrivaled investment opportunity, Gondola Vista Estates blends luxury with possibilities. Make this 20-home boutique collection a priceless asset for now or a financial acquisition for your future.

Price History
9/14/2023 Listed $75,800,000
12/22/2023 10% - $68,900,000

General Features

Exterior Features Spa/Hot Tub
Listing Agent Name Jessica A Woods

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 Commercial Average in 96150

Price
AVG $5.08M
$68.9M
Visits
AVG 21
48
Data Provided by Inside Real Estate®
Year Built
AVG 1963
2020
Walkscore
AVG 43
54
Data Provided by Walkscore® not using MLS data