What is the asking price for Lakeshore Lodge?

The lease rate for space here is Contact for pricing.

What is the total size of Lakeshore Lodge?

The property has a total square footage of 32,000 SF.

When was this property built?

Lakeshore Lodge was built in 1969.

How many parking spaces are available at Lakeshore Lodge?

Parking information for the property isn't currently listed. However, other nearby parking options include Lakeview Commons Public Parking, located 0.74 miles away , and High Meadows Trailhead parking lot, which is 3.70 miles away.

930 Balbijou Rd, South Lake Tahoe, CA 96150

For Sale $14,900,000
Property Type Other
Property Size 32,000 SF
Units 45
Lot Size 1.71 Acre
Parking Ratio 1.56 / 1,000 SF
Year Built 1969
Year Renovated 2012
Date Updated May 12, 2026

Description

.NAI Tahoe Sierra, as exclusive advisor to the Seller, is pleased to offer the opportunity to purchase a fee simple interest in Lakeshore Lodge ("the Property"), a 45-key lakefront hotel in South Lake Tahoe, CA. The property sits on 1.7 acres with approximately 350 feet of lake frontage and includes ample parking, a swimming pool, and direct access to sandy beaches and outdoor gathering spaces. Lakeshore lodge is one of few truly lakefront properties in South Lake Tahoe, offering stunning views of both lake and mountains while maintaining convenient access to world-class outdoor recreation, shopping, dining, and entertainment options. Originally built in 1969, the property offers a diverse mix of unit types and amenities including in-unit kitchens, an on-site spa and conference room, and summer concerts on the beach. There is significant value-add potential for both interior and exterior upgrades, including potential to add additional keys or utilize the partially undeveloped 4th story for additional restaurant/amenity space. The offering represents a rare opportunity to acquire a lakefront hotel primed for renovation in a world-renowned destination with limited lakefront availability and significant barriers to entry

Highlights

Additional Captive Revenue Stream: Management contract in-place with adjacent condo community.
Extraordinary Views: Lakeshore Lodge is among the few South Lake Tahoe hotels that sit directly on the lake.
High Barriers to Entry: South Lake Tahoe presents significant barriers to new development and has a cap on new Tourist Accommodation Units (TAUs)
Prime Location: Direct beach access and minutes from Heavenly Ski Resort and downtown South Lake Tahoe.
Significant Value-Add Potential: Primed for interior and exterior renovations with potential to increase key count using unused TAUs or add rooftop amenity/restaurant space to partially undeveloped 4th story.
Unencumbered of Brand and Management: The property is independently operated with optionality for repositioning.