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661 Emerald Bay Road South Lake Tahoe CA 96150 | 135428

661 Emerald Bay Road
South Lake Tahoe, CA, 96150
$2,149,000
Beds
0 Baths
4,400 SqFt
1 Acres
The Watermarc Cabins is a premier residential rental property located in the heart of South Lake Tahoe. Comprised of 8 detached units on a full 1 acre parcel, this property provides quality upscale housing in an ultra high demand market. Extensive renovations were done in 2010-2012. 1 unit has been renovated in approximately 2020 while another unit is undergoing a current remodel. BMPs and extensive paving and site work completed in approximately 2012-13. An additional storage building could be converted to residential or rented separately as is. Plenty of onsite parking, close proximity to local business and attractions, and room for rental growth make this a prime investment opportunity. Don’t hesitate call for more details or for a showing today. Buyers to independently very all details to their satisfaction. Possible financing of about 40% available for 10yrs @5%. See bit.ly/Watermarc for a virtual site tour.

Property Details

Price:
$2,149,000
MLS #:
135428
Status:
Sold ((May 27, 2022))
Baths:
0
Address:
661 Emerald Bay Road
Type:
Multi Family
Subtype:
Apt Build 5-12 Units
City:
South Lake Tahoe
Listed Date:
Mar 19, 2022
State:
CA
Finished Sq Ft:
4,400
ZIP:
96150
Lot Size:
43,560 sqft / 1.00 acres (approx)
Year Built:
2012
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661 Emerald Bay Road
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