SOUTH LAKE TAHOE, Calif. – Gondola Vista, an investment property consisting of 20 townhomes at the base of Heavenly Ski Resort in Lake Tahoe, has been listed for $55,000,000 with Gregory Ochoa at Mountain Luxury Properties and Scott Fair at NAI Tahoe Sierra. The bulk sale includes 10 four-bedroom, six five-bedroom and four six-bedroom townhomes, each featuring a two-car garage, high-end finishes, private outdoor spaces, some with hot tubs, and all with stunning lake and mountain views.
“This is the only luxury ski-in/ski-out development currently available in the Lake Tahoe basin,” said Gregory Ochoa, Mountain Luxury Properties. “The development is made up of high end luxury homes that are exempt from the short-term rental restrictions affecting much of South Lake Tahoe. There is also significant development potential, including the possibility of constructing up to a 71-unit hotel or 20 additional condos.
” Situated in an Opportunity Zone, it allows for the construction up to a 71-unit hotel or around 20 additional condos. Investors can consider adding amenities like a spa or fitness center. “The current housing market in the Lake Tahoe region is experiencing several notable trends.
There is a limited supply of homes, particularly in sought-after areas like ski-in/ski-out properties or lakefront locations. This scarcity has kept prices elevated despite fluctuating demand,” said Ochoa. “Buyers, particularly from urban areas, continue to seek out second homes an.
