**Rare Development Opportunity in Heavenly Valley!**– Offering the potential for up to 37 units, this nearly 2.5-acre parcel in Lakeview Heights combines exceptional development flexibility with a premier South Lake Tahoe location, less than 1/2 mile from Heavenly Ski Resort’s California Base Lodge, 1 mile from Ski Run Marina and just 2 miles from the Stateline casino corridor.Class 6 land capability and 30% coverage provide over 31,000 sq. ft. of allowable land coverage, exclusive of numerous TRPA exemptions available to high-capability parcels. Located within Special Area #1, allowable uses include single-family residences, condominiums/townhomes, multifamily housing, timeshares, hotel/motel accommodations and restaurants. Of particular interest, both residential-design and hotel/motel-design timeshares are expressly allowed under the Lakeview Heights Plan Area Statement, creating a unique opportunity for luxury, fully equipped, townhome-style vacation accommodations with individual kitchens and residential amenities. City-approved timeshares are excluded from conventional Vacation Home Rental permitting requirements, presenting a compelling alternative for a professionally managed vacation ownership and rental concept.The property includes 14 existing PRUs (development rights) and 1 RUU (Residential Unit of Use), with additional entitlements potentially available through the City of South Lake Tahoe or third-party sources. An exceptional opportunity to capitalize on substantial development potential in one of Lake Tahoe’s most desirable year-round resort destinations.
Property Details
Price:
$798,000
MLS #:
143583
Status:
Active
Baths:
0
Type:
Land
Subtype:
Vacant Land
Neighborhood:
heavenlyvalley
Listed Date:
Oct 15, 2026
Lot Size:
104,714 sqft / 2.40 acres (approx)
See this Listing
Schools
Interior
Exterior
Financial
Map
Community
- Address1412 Ski Run Boulevard South Lake Tahoe CA
- NeighborhoodHeavenly Valley
- CitySouth Lake Tahoe
- CountyEl Dorado
- Zip Code96150
Market Summary
Current real estate data for Land in South Lake Tahoe as of Oct 20, 2026
47
Land Listed
190
Avg DOM
$448,657
Avg List Price
Property Summary
- 1412 Ski Run Boulevard South Lake Tahoe CA is a Land for sale in South Lake Tahoe, CA, 96150. It is listed for $798,000 and features 2 acres.
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Courtesy of Mark A. Salmon of Compass. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the South Tahoe Association of Realtors. Detailed information about real estate listings held by brokerage firms other than Ascent Property Group include the name of the listing broker. Neither the listing company nor Ascent Property Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. South Tahoe Association of Realtors. All rights reserved. 1412 Ski Run Boulevard
South Lake Tahoe, CA
