4080 Cedar Ave
South Lake Tahoe, CA 96150
Zalanta Phase II Fully Entitled for 60 Condos · Land For Sale · 1.57 AC

Hospitality and Opportunity Zones! Zalanta Phase II - Fully entitled residential development opportunity in South Lake Tahoe. Approved for 60 luxury whole ownership condos (vacation rentals permitted here!) with private parking garage. Sale includes two existing interior commercial condos inside of the Zalanta Phase One Lobby area. Price Includes the land, two commercial condos in Zalanta Lobby plus 4,500 Commercial Floor Area (aka CFA) credits . This Phase Two project will also include access and owners privileges to the existing Zalanta courtyard, pool, fitness facility and amenities. Incredible opportunity at South Lake Tahoe's most luxurious full-service residential property just steps from the Gondola and in the heart of the Stateline Village. Extraordinary, Institutional-Grade, World-Class location in The Village at the iconic South Lake Tahoe "Stateline" of California and Nevada. The Property is adjacent to The Chateau and Zalanta Retail Centers which consists of 50,000 square feet of Class A retail shops with over 460 feet of combined frontage along Lake Tahoe Boulevard, the community’s main thoroughfare. The ground zero location cannot be overstated as it sits within walking distance to South Lake Tahoe’s most visited destinations; Heavenly Village, Edgewood Tahoe Golf Course, Harrah’s, Harvey's, and the Hard Rock Casinos, as well as Lakeside Beach. Given South Lake Tahoe’s difficult entitlement process, the high barrier to entry, and it's one of a kind Stateline location, the Property is favorably positioned for development as the market hits all time highs in demand and pricing. Located steps away from Heavenly Village, the area’s pinnacle for shopping, bars, restaurants, entertainment and adventure. Experience all that Tahoe has to offer with hiking, mountain biking, and skiing located right across the street. Located in the heart of Lake Tahoe, which draws approximately 3 million people annually. Situated at the Nevada/ California Stateline, strong local and tourist daily traffic passing by the site. New construction with a modern, rustic design is the plan here as with the Chateau and Zalanta Phase One developments. Contact exclusive agent, Tony Wood, of KW Commercial Real Estate for additional information and development documents. Principals only.