For those seeking their next business opportunity I believe my current Lake Tahoe land listing at 1721 Sawmill Road will provide just that – an opportunity to build substantial income from constructing a residence of 10,000 to 20,000 SF for short term rental purposes on the South Shore.
Last year South Lake Tahoe approved Measure T which stopped the issuance of short term rental permits outside of the Stateline and Lakeland Village tourist corridor. Existing short term rental permits will either expire upon property transfer or at the latest, December 31, 2021 per Measure T.
Visitors to South Lake Tahoe will soon have limited housing options however demand for short term rental housing is expected to increase outside of the city limits. My 2+ acre land listing is located 5 minutes from the Y area and offers over 40,000 SF of available land coverage to build a large residence. The property backs to U.S. Forest Service land with CA Conservancy land to the west.
For more information on this land listing at Lake Tahoe contact Robert Stiles, REALTOR® for CHASE INTERNATIONAL, DRE#01279125. Asking $799,000.
530-314-0352 / RSTILES@CHASEINTERNATIONAL.COM
