$4,700,000
For Sale

4145 Manzanita Avenue

South Lake Tahoe, CA 96150
Listing OfficeDouglas Elliman
Browse 19 photos
Type:Purchase
Structure:Commercial
Zone:Commercial

Description

Resthaven Tahoe, a charming boutique hotel centrally located near Stateline, in the heart of South Lake Tahoe, is a two-story, 17-key boutique hotel, that offers the opportunity to convert an additional room, originally used as a communal space for guests, into a rentable unit. All rooms are equipped with smart keys, which reduce operating expenses and facilitate virtual check-ins. With guest amenities such as newly renovated rooms, a fire pit, and outdoor space, the hotel perfectly balances comfort and proximity to South Lake Tahoe's recreational activities. The hotel was known as Seven Seas Inn, a contemporary boutique inn for six years. With a strong pre-existing customer base, this competitive edge provides a steady revenue stream from loyal patrons. Each room is designed with rustic accents to create a cozy, warm atmosphere, while recent renovations introduce a modern touch to ensure guests enjoy the highest level of comfort. Its prime location offers easy access to the Nevada side of the lake, where landmarks such as Harrah's Casino, Harveys Hotel and Casino, and the Golden Nugget Hotel and Casino (formerly Hard Rock Hotel and Casino) are nearby. South Lake Tahoe's serene environment features crystal-clear waters, beautiful beaches, and a host of activities, including swimming, kayaking, and boating.

  • Property Details
      • Lot DescriptionAgricultural, BackYard, FrontYard, Garden, Landscaped, NearPark, Orchards, NearPublicTransit, Rocks, SprinklerSystem
      • Stories2
    • Measurements
      • Acres0.29
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1966
  • Utilities / Energy Details
      • Utility FeaturesCableAvailable, NaturalGasAvailable, Propane, UndergroundUtilities
      • Utility SourceWell
  • Community and Neighborhood Details
      • CountyEl Dorado
  • Financial Details
      • Original List Price$4,700,000
  • Other
      • MLS #24466331

Location

SparrowLily Realty, Inc.Real Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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