Rare mixed-use investment opportunity in the heart of South Lake Tahoe. This income-producing property features three retail/commercial spaces, two residential 2-bedroom/1-bath units, and four RV spaces, offering diversified income potential and multiple revenue streams. Situated on approximately 0.50 acres with approximately 4,980 SF of improvements per available records, this property benefits from excellent visibility along Lake Tahoe Blvd in a high-traffic corridor. Ideal for investors seeking a value-add or stable income asset in one of South Lake Tahoe’s most desirable tourism-driven markets. Strong upside through lease optimization, renovation, or repositioning. Buyer to verify all unit count, square footage, permits, zoning, RV space legality, and allowable uses with the City/County. Property information based on available public/property records. It includes 2218 & 2214 Lake Tahoe and 1008 2nd Street. ***Income figures are based on pro forma projections.***
Property Details
Price:
$1,500,000
MLS #:
ML82048700
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Duplex
Neighborhood:
699notdefined
Listed Date:
May 27, 2026
Finished Sq Ft:
4,980
Total Sq Ft:
4,980
Lot Size:
21,783 sqft / 0.50 acres (approx)
Year Built:
1955
See this Listing
Schools
School District:
Other
Interior
Heating
WL
Exterior
Accessibility Features
NO
Parking Spots
5
Parking Total
5
Roof
CMP
Financial
Taxes
$17,219
Map
Community
- Address2218 Lake Tahoe BL South Lake Tahoe CA
- CitySouth Lake Tahoe
- CountyEl Dorado
- Zip Code96150
Market Summary
Current real estate data for Single Family in South Lake Tahoe as of Jun 04, 2026
9
Single Family Listed
90
Avg DOM
407
Avg $ / SqFt
$897,667
Avg List Price
Property Summary
- 2218 Lake Tahoe BL South Lake Tahoe CA is a Single Family for sale in South Lake Tahoe, CA, 96150. It is listed for $1,500,000 and features 0 beds, 0 baths, and has approximately 4,980 square feet of living space, and was originally constructed in 1955. The current price per square foot is $301. The average price per square foot for Single Family listings in South Lake Tahoe is $407. The average listing price for Single Family in South Lake Tahoe is $897,667.
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