$499,500
$76K PRICE DROP

1331 Emerald Bay Rd South Lake Tahoe, CA 96150

Estimated payment $2,943/month

Total Views 6,002
0.65 Acre
$768,462 Price per Acre
28,314 Sq Ft Lot

Highlights

  • 0.65 Acre Lot
  • No HOA
  • Property is Fully Fenced
  • Mountain View

About This Lot

​Land for Sale - Prime Development Opportunity in South Lake Tahoe! Unlock the potential of this highly visible, highway-frontage parcel in South Lake Tahoe! This rare, buildable lot comes with fully approved plans for a modern 2-story, 4-plex development​. Each unit includes approximately 900 sq ft of thoughtfully designed living space and a private 1-car garage, offering a perfect blend of comfort and functionality.​ Alternatively, this exceptional piece of land also offers the perfect canvas to design and build your own custom ​property. Excellent walkability and bike-ability. Close to The Crossing, South Tahoe Y, restaurants, shops, and more. Whether you're a developer, investor, or builder, this is a chance to secure a shovel-ready ​parcel in a prime location. Don't miss out on this turnkey development opportunity with strong upside potential!

Listing Agent

Krystle Heslep

Pacific Capital Brokers Inc. License #01504146 Listed on: 02/21/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,915

Lot Details

  • 0.65 Acre Lot
  • Property fronts a highway
  • Property is Fully Fenced
  • Wood Fence
  • Building or Site Plan Approved
  • Possible uses of the property include See Remarks, Other
  • Property is zoned TC, Commercial,Multi-Residential

Property Views

  • Mountain Views

Community Details

  • No Home Owners Association
  • Net Lease

Listing and Financial Details

  • Assessor Parcel Number 032-221-002-000

Property Details

Property Type

Land

Est. Annual Taxes

$1,915

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Subtype 1: Commercial Lot
  • Special Features: None
  • Property Sub Type: LotsLands
  • Stories: 0

Exterior Features

  • Other Structures: None
  • Fencing: Wood, Full
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 499500.00
  • Lot Features: See Remarks
  • New Construction: No
  • Pool: No
  • Road Frontage: Highway Exposure, City Street
  • Road Surface Type: Unimproved
  • Spa: No
  • Topography: Mostly Level,Trees,Mostly Level,Trees
  • View Description: Mountains
  • Additional Living Units: No

Utilities

  • Sewer: Public Sewer
  • Utilities: None
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Lake Tahoe Unified

Lot Info

  • Zoning: TC
  • Crops: None
  • Current Use: Vacant
  • Development Status: Building Plans Filed, Site Plan Approved, Improvement Plans Available
  • Zoning Description: Commercial,Multi-Residential
  • Irrigation: None
  • Lot Size Acres: 0.6500
  • Lot Size Sq Ft: 28314.00
  • Possible Use: See Remarks, Other

Rental Info

  • Lease Type: Net

Multi Family

  • Income Includes: ["None"]

Tax Info

  • Assessor Parcel Number: 032-221-002-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): El Dorado

Map

Range of Values:

Collateral Analytics

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ICE

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,915 $176,868 $176,868 --
2023 $1,881 $173,400 $173,400 $0
2022 $1,862 $170,000 $170,000 $0
2021 $1,876 $170,643 $170,643 $0
2020 $1,848 $168,894 $168,894 $0
2019 $1,839 $165,583 $165,583 $0
2018 $1,798 $162,337 $162,337 $0
2017 $1,769 $159,154 $159,154 $0
2016 $1,733 $156,034 $156,034 $0
2015 $1,674 $150,000 $150,000 $0
2014 $1,637 $150,000 $150,000 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2025 05/20/25 Price Changed $499,500 -0.1% --
05/09/2025 05/09/25 Price Changed $499,900 -13.1% --
02/21/2025 02/21/25 For Sale $575,000 -- --
Source: MetroList

Purchase History

Date Type Sale Price Title Company
Grant Deed $75,000 None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed $794,000 Placer Title Co
Grant Deed $460,000 Placer Title Company
Grant Deed $20,000 Placer Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $569,000 Purchase Money Mortgage
Previous Owner $350,000 Unknown
Previous Owner $20,000 No Value Available
Source: Public Records

Source: MetroList

MLS Number: 225021243

MetroList

APN: 032-221-002-000