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2007 5th Street, South Lake Tahoe, CA 96150
$6,950,000
2007 5th Street, South Lake Tahoe, CA 96150View this property at 2007 5th Street, South Lake Tahoe, CA 96150
2007 5th StreetSouth Lake TahoeCA96150
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Property Description
Emerald Bay Cabins, a limited collection of new and exclusive residences, are located in the Town Center Gateway District that allows the rare privilege of being utilized as short-terms vacation rentals. Positioned at the rejuvenated Y'' provides convenient access to the property, as well as an incomparable walk score to a gluttony of city amenities; restaurants, shopping, grocery stores and transit. Located just 2 miles from Camp Richardson, you're just a short bike ride away from some of the best beaches Tahoe has to offer. Each unit presents highly curated design palettes that deliver an atmosphere of luxury and comfort while preserving energy efficiency and low-maintenance. Open concept living affords a generous great room with vaulted, light-filled ceilings and central gas fireplace with tile surround. The contemporary style kitchen displays a contrasting blend of custom cabinetry, open hickory shelving, brilliant quartz countertops and stainless appliances. Luxury vinyl plank flooring tie all spaces together with a durable yet warm oak appearance that meld perfectly with bright white shaker style doors and mill works. You'll find a primary suite on the main level with his/her closets and a well-appointed bathroom with stall shower and free-standing soaking tub. The lower-level tenders 2 more spacious bedrooms, including a bunk room for the kids with access to the backyard. The grounds are lushly landscaped with an expansive grass area, an array of trees for screening and privacy as well as a fully-fenced backyard. Each unit has both lower and upper decks that feature a cedar encased privacy wall, are all fully covered and provide hard lined gas BBQ's. Each of the residences also have EV car charging stations in their own 2-car garages, as well as A/C for those warm summer months. Properties include all of the elegant furnishings and stylish decor to provide a hassle free, turnkey experience.The list price is for the entire complex, which can include the property management team that is already in place and renting. For those not looking for an entire development, the conditional public report is complete and individual units are available for sale for $1.35M each.
Full Property Details
Full Property Details for 2007 5th St
General
- Price: $6,950,000
- Status: Active
- Type: Business
- MLS ID: 139922
- Updated: 4/17/2024
- Added to Site: 70 day(s) ago
Business
- Name: Emerald Bay Cabins
Interior
- Flooring: Carpet, Other (See Remarks)
Rooms
Bathrooms
- Restrooms: Three or More
Additional Information
- Other Features: Sprinkler/Fire System
Exterior
- Exterior Features: RV Access/Parking, Barn/Outbuildings
Location
- Area: Y Area
- County: El Dorado
- Cross Streets: Hwy 89
- Driving Directions: Take Hwy 89 to 5th St
Heating & Cooling
- Heating Type: Natural Gas, Central Refrig A/C, Forced Air, HVAC
- Water Heater: Natural Gas
Utilities
- Utility Description: ElectricityAvailable, City Sewer, NaturalGasAvailable, Cable TV, Telephone, City Water, Water Meter
Structural Information
- Construction: Wood Frame, Wood Siding
- Foundation: Concrete/Crawl Space, Slab
- Roof: Asphalt, Composition
- Windows: Double Pane, Vinyl Frame
- Windows/Doors: Double Pane, Vinyl Frame
- Wiring: 110 Volts, 220 Volts, 200 AMPS
- Stories/Levels: Two,Split Level
- Square Feet: 10,716
- Current Bldg. Use: Other
- Year Built: 2022
Lot Features
- Lot Size (Acres): 0.5
- Lot Size (Sq. Ft.): 21,780
- Lot Size Source: (Assessor)
Green Features
- Green Features: Composite Deck Material, Low E Windows, On Demand H2O Heater
Financial Considerations
- Price Per Acre: $13,900,000
- Tenant Pays: Electricity, Other/See Remarks
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- CC&Rs: Yes
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Schools
Schools serving 2007 5th St
School District:Lake Tahoe Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
943 Tahoe Island Dr, S Lake Tahoe, CA 96150 | K-5 | 0.5 mi | |
2940 Lake Tahoe Blvd, S Lake Tahoe, CA 96150 | 6-8 | 2.2 mi | |
1735 Lake Tahoe Blvd, S Lake Tahoe, CA 96150 | 9-12 | 0.6 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2007 5th St
Date
Details
Price
Change
Source
3/26/2024
Listed
$6,950,000
9900%
MLS
10/23/2019
Sold
$69,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2007 5th St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$817
1%
$73,056
2%
2022
$809
2%
$71,624
2%
2021
$796
2%
$70,220
1%
2020
$784
7%
$69,500
9%
2019
$732
2%
$63,672
2%
2018
$716
2%
$62,424
2%
2017
$704
2%
$61,200
2%
2016
$690
-6%
$60,000
-6%
2015
$734
4%
$63,783
2%
2014
$704
—
$62,535
—
2013
$701
—
$62,253
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2007 5th St
2007 5th Street, South Lake Tahoe, CA 96150 (MLS# 139922) is a Business property. 2007 5th Street is currently listed for $6,950,000 and was received on March 26, 2024. Want to learn more about 2007 5th Street? Do you have questions about finding other Business real estate for sale in South Lake Tahoe? You can browse all South Lake Tahoe real estate or contact a Coldwell Banker agent to request more information.