4089 Pine Boulevard, South Lake Tahoe, CA

About This Property

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 952 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. One of the units has been tenant occupied for 20 plus years, and three 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!

Listing Details

Property History