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1331 Emerald Bay Road

South Lake Tahoe, CA 96150

– beds
– baths
– sqft
~3/4 acre lot
– on site

Exciting Buildable Opportunity in South Lake Tahoe! This prime highway-frontage parcel offers an exceptional opportunity for development, with approved plans for a 2-story, 4-plex building featuring a dedicated 1-car garage for each unit. Each unit will offer approximately 900 sqft of living space, ideal for comfortable living. Two of the units are permanently designated for moderate-income housing, ensuring long-term stability and community benefit. These units cannot be used as second homes or vacation rentals, providing a unique investment opportunity in an area with high demand for rental properties. Plans for the development have already been approved by the City of South Lake Tahoe and are available upon request. The location offers excellent walkability and bike-ability to local shops, restaurants, and amenities, including The Crossing and the South Tahoe Y. Renderings are provided for marketing purposes and are subject to change, allowing flexibility in design as the project progresses. This is a rare chance to invest in a prime location with a clear path to development!

Listing courtesy of METROLIST / Pacific Capital Brokers Inc.

Last checked: Checking… • Last updated Mar 19, 2025 •

MLS# 225021243 —

The Building

Construction Materials:

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Architectural Style:

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Development Status:

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Structure Type:

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Subtype Description:

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Levels:

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Upper Level:

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Main Level:

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Lower Level:

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Roof:

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Basement:

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Foundation Details:

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Building Features:

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Exterior Features:

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Window Features:

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Patio And Porch Features:

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Accessibility Features:

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Interior

Interior Features:

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Flooring:

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Fireplace Features:

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Laundry Features:

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Financial & Terms

Lease Type:

Net
Lease Info:

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Lease Type:

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Lease Includes:

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Rent Includes:

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Owner Pays:

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Tenant Pays:

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Pets Allowed:

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Location

Directions:

Parcel is located off of Emerald Bay Rd. next to South Tahoe Lodge. Coming from Stateline, turn L onto Emerald Bay Rd, pass F St and the parcel is on your L side. The parcel is fenced in and requires an appt. to view. No for sale sign posted.

The Property

Parcel Number:

032-221-002-000
Property Type:

Land
Property Subtype:

Commercial Lot
Property Condition:

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Lot Features:

See Remarks
Lot Features:

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Lot Size Acres:

0.65
Lot Size Square Feet:

28314.0
Lot Size Units:

Acres
Lot Size Source:

Assessor Auto-Fill
Land Lease:

false
View:

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Zoning:

TC
Zoning Description:

Commercial,Multi-Residential
View:

Mountains
Topography:

Mostly Level,Trees,Mostly Level,Trees
Current Use:

Vacant
Current Use:

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Possible Use:

See Remarks, Other
Possible Use:

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Vegetation:

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Vegetation:

None
Fencing:

Wood, Full
Fencing:

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Horse:

false
Horse Amenities:

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Crops:

#Collection(String)
Crops:

None
Soil:

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Other Structures:

None
Land Use:

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Irrigation Source:

None
Frontage Type:

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Road Surface Type:

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Road Surface Type:

Unimproved
Road Frontage Type:

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Road Frontage Type:

Highway Exposure, City Street
Road Responsibility:

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Driveway Sidewalks:

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Listing Agent

Contact info:

The Listing

Home Warranty:

false

Heating & Cooling

Heating:

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Cooling:

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Utilities

Utilities:

None
Utilities:

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Electric:

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Sewer:

Public Sewer
Sewer:

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Water Source:

Public
Water Source:

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Green Energy Efficient:

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Appliances

Appliances:

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Schools

Elementary School District:

Lake Tahoe Unified
Middle Or Junior School District:

Lake Tahoe Unified
High School District:

Lake Tahoe Unified

The Community

Senior Community:

false
Community Features:

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Spa:

false
Spa Features:

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Pool Private:

false
Pool Features:

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Association Amenities:

#Collection(String)
Association:

false
Development Status:

Building Plans Filed, Site Plan Approved, Improvement Plans Available
Association Fee Includes@odata.type

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Parking

Parking Type:

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Parking Access:

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Parking Features:

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Extra Units

Unit 1 Type:

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Unit 2 Type:

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Unit 3 Type:

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Unit 4 Type:

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Other Units:

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Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
2/21/25 Feb 21, 2025	Listed / Active	METROLIST	$575,000

Plot of land For Sale

$575,000

Listing provided by broker:

Krystle Heslep

Pacific Capital Brokers Inc.

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More homes

Newest listings in South Lake Tahoe, CA

Similar sold homes

This plot of land located in South Lake Tahoe, CA 96150 is currently for sale for $575,000. 1331 Emerald Bay Road is a – square foot plot of land with – beds and – baths that has been on Estately for 38 days.

Listing courtesy of Pacific Capital Brokers Inc.

Terms of service, data current as of 9:20am on Mar 31.

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