Property Details
A once-in-a-lifetime opportunity
21 acres of rare Lake Tahoe legacy
Embark on a once-in-a-lifetime opportunity to own a piece of Lake Tahoe’s rich heritage with the Mourelatos Lakeshore Resort. This iconic family-owned resort offers unparalleled redevelopment potential on over 20 pristine acres of prime Lake Tahoe real estate over three separate parcels.
Parcel One
The Properties consist of three individual parcels of land. APN 117-072-013 (“Parcel 1”) is a lakefront property located at 6834 North Lake Boulevard, comprising approximately 3.2 acres of land, including 275 linear feet of beach frontage.
The Mourelatos Lakeshore Resort (MLR) on Parcel 1 includes 32 hotel units housed in four separate buildings, an office and residence housed in a fifth building, 33 parking spaces, 32,242 sf of existing land coverage, landscaping and hardscape and three legally existing mooring buoys.
Parcel Two
APN 117-071-028 (“Parcel 2”) is located at 6835 North Lake Blvd directly across from Parcel 1 and comprises approximately 5.9 acres of land. Parcel 2 contains a mix of uses, including 19 multiple-family dwellings (MFDs), 17 active and nine banked transient lodging units, a campground with eight RV connections and bathrooms, and a commercial ice cream shop. Parcel 2’s 15 structures and asphalt and dirt driveways and parking areas equate to 47,459 sf of land coverage.
Parcel Three
APN 112-050-001 (“Parcel 3”) is an undeveloped property comprising approximately 12.12 acres of land located north of Parcel 2. Parcel 3 is undeveloped.
The Properties are all located within the Tahoe Basin Area Plan but in three distinct zoning districts each of which prescribes the permissible uses and development standards applicable to properties located therein. Parcel 1 is located in the Mixed-Use Community Center West (MU-CCW) Subdistrict. Parcel 2 is located in the Mixed-Use Gateway West (MU-GW) Subdistrict. Parcel 3 is located in the Tahoe Estates Subdistrict.