Avison Young Lists 3 Peaks Resort & Beach Club - South Lake Tahoe, California
Avison Young, as sole exclusive agent, is pleased to offer for sale the 3 Peaks Resort & Beach Club (collectively known as the "Property," or "Hotel") located at 931 Park Avenue in South Lake Tahoe, California. Located three blocks from the Lakeside Beach & Marina within easy walking distance to the Stateline Casinos and the Heavenly Village, the property features 66 beautifully renovated guestrooms (including 27 suites & a 5-bedroom/3-bathroom house), outdoor heated pool, whirlpool, outdoor barbeques, and high-speed internet. Of the 27 suites, 20 have full kitchenettes and are highly sought after by families and repeat visitors.
The flat 1.97-acre parcel is beautifully landscaped and shaded by mature trees providing a peaceful mountain atmosphere in the heart of the South Lake Tahoe Tourist Core.
Additionally, the hotel is located only three blocks from the Heavenly Village and Heavenly Gondola which allows skiers and snowboarders easy access to the 4,630 skiable acres of Heavenly Mountain Resort spread across California and Nevada. Heavenly Mountain Resort is famous for its 28 chairlifts, 97 trails, 3,500 vertical feet, 10,067 summit and breathtaking views of Lake Tahoe and the Sierra Nevada mountains.
The offering represents an opportunity to acquire an ideally located, turn-key asset with an attractive and unique mix of room types in an upward trending resort market. The 3 Peaks Resort & Beach Club is positioned to capitalize on recent improvements to guestrooms, an emerging all-season destination, and overall market growth.
- Close Proximity to Lake Tahoe, Heavenly Mountain Resort & Stateline Casinos
- Turn-Key Condition
- Unique and Attractive Room Mix
- High Barriers to Entry
For more information on this listing, contact Eric Gunderson at 424-369-8016 or [email protected]published: 04-19-2019