Beautifully remodelled hotel/SRO (single room occupancy for monthly rentals) property. Almost a full acre located on busy Highway 50. Large new kitchen with granite counter tops and new cabinets and appliances, dining room and meeting room in main building. Part of the hotel is set up for monthly rentals (SRO) and part for rent by the night groups. New roof, windows, heating, plumbing, electrical system, floors, doors, etc. Property is ADA compliant. Back building has 3 large units. Upstairs unit in the back building is a very large studio and the 2 downstairs units have a living room and one bedroom. There is a very large area behind the back building that stretches to the back street that is all fenced in. Possibly could add some buildings or other uses on this land. Interested buyers should look into the possibilities with the building department about this area.
Full Property Details
Full Property Details for 1137 Emerald Bay Rd
Sold For: $2,400,000
Type: Commercial Residential Facility
MLS ID: 130705
Added: 789 day(s) ago
Name: Red Lodge
Flooring: Tile, Wood
Restrooms: Three or More, ADA Compliant
Exterior Features: Land Included
Area: Y Area
County: El Dorado
Cross Streets: B St
Driving Directions: Take Hwy 50 from the Y towards the airport. Property is on the left past B St.
Heating & Cooling
Heating Type: Natural Gas, Wall or Space Heater, Forced Air
Water Heater: Natural Gas
Utility Description: ElectricityAvailable, City Sewer, NaturalGasAvailable, Telephone, City Water
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Price & Sales History
Price & Sales History for 1137 Emerald Bay Rd
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Listed by Compass,Mark A Salmon Sold by Corcoran Global Living,Michelle M Keck
1137 Emerald Bay Road, South Lake Tahoe, CA 96150 (MLS# 130705) is a
Commercial Residential Facility property that was sold at $2,400,000 on December 16, 2020.
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