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$ 4,700,000
Est. payment | /mo
5,533 SqFt
$ 4,700,000
Est. payment | /mo
5,533 SqFt
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 5,533 sqft
Price per Sqft $849
MLS Listing ID CL24466331
HOA Y/N No
Year Built 1966
Lot Size 0.290 Acres
Acres 0.29
Property Sub-Type Comm Ind For Sale
Property Description
Resthaven Tahoe, a charming boutique hotel centrally located near Stateline, in the heart of South Lake Tahoe, is a two-story, 17-key boutique hotel, that offers the opportunity to convert an additional room, originally used as a communal space for guests, into a rentable unit. All rooms are equipped with smart keys, which reduce operating expenses and facilitate virtual check-ins. With guest amenities such as newly renovated rooms, a fire pit, and outdoor space, the hotel perfectly balances comfort and proximity to South Lake Tahoe's recreational activities. The hotel was known as Seven Seas Inn, a contemporary boutique inn for six years. With a strong pre-existing customer base, this competitive edge provides a steady revenue stream from loyal patrons. Each room is designed with rustic accents to create a cozy, warm atmosphere, while recent renovations introduce a modern touch to ensure guests enjoy the highest level of comfort. Its prime location offers easy access to the Nevada side of the lake, where landmarks such as Harrah's Casino, Harveys Hotel and Casino, and the Golden Nugget Hotel and Casino (formerly Hard Rock Hotel and Casino) are nearby. South Lake Tahoe's serene environment features crystal-clear waters, beautiful beaches, and a host of activities, including swimm
Location
State CA
County El Dorado
Area Listing
Zoning TC
Interior
Heating Natural Gas, Wall Furnace, Other, Propane
Fireplace No
Exterior
Exterior Feature Landscaping
Utilities Available Other, Cable Available, Propane
Total Parking Spaces 21
Building
New Construction No
Others
Tax ID 029041056000
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Listed by Krystin Wills • Douglas Elliman
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Patrick Nagel
REALTOR® | Lic# 1760790