3794 Montreal Road
$9,650,000
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Description
Situated within the tourist core area plan (TCAP), this approved 30-unit development offers a unique opportunity, backing onto Van Sickle Park and the Heavenly Ski Resort. Spanning 3.74 acres, the property offers ski-in/ski-out access and is directly connected to world-class mountain biking and hiking trails right at your doorstep. Nestled on a picturesque 12-acre meadow, the site boasts stunning views of downtown, the surrounding meadow, and the lake. Its location is within walking distance to major...Situated within the tourist core area plan (TCAP), this approved 30-unit development offers a unique opportunity, backing onto Van Sickle Park and the Heavenly Ski Resort. Spanning 3.74 acres, the property offers ski-in/ski-out access and is directly connected to world-class mountain biking and hiking trails right at your doorstep. Nestled on a picturesque 12-acre meadow, the site boasts stunning views of downtown, the surrounding meadow, and the lake. Its location is within walking distance to major downtown amenities, including the Gondola, Marriott, Casinos, Lake, and Transit Hub. This rare opportunity allows for flexible use- whether you choose to sell some units, keep some units, or rent them out (either as long-term or Vacation Rentals), all these uses are permitted within the Tourist Core. The property is being offered under appraised value, with a great potential for investment and long-term value. Buildings 1, 2, and 5 already have construction documents in place, with work on Lots 1 and 2 underway. The property includes 20 TAUs and one RUU banked, along with 10,000 sq. ft. of Class 1b, which is in excess and not required for the project. Additionally, 3828 Montreal is also for sale, offering a remarkable combined 7-acre development opportunity in the Tourist Core. Buyers and their agents are responsible for conducting thorough due diligence on the property's specifics. While the information provided is deemed reliable, it is not guaranteed by the seller or the seller's agent.
- Listed by Duggan J Smith • DRE #01892716 • Brokerage DRE #01892716 • Duggan Smith, Broker
Property Details for 3794 Montreal Road
Area
Stateline
ViewsLake, Mountain, Forest, Meadow, Ski Resort
LISTING UPDATED: 10/11/2024 05:26 AM
Property Details for 3794 Montreal Road
Status | Active |
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MLS # | 140863 |
Days on Compass | 77 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Other |
MLS Type | Land / Vacant w/Allocation |
Year Built | - |
Lot Size | 3.74 AC / 162,914 SF |
County | El Dorado County |
Building Information for 3794 Montreal Road
Stories-Residences-Year Built-Lot Size3.74 AC / 162,914 SF
Property Information for 3794 Montreal Road
Property History for 3794 Montreal Road
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 3794 Montreal Road
Taxable ValueLand$976,542Additions$29,432Total$1,005,974
Tax Record2023$10,823 ($902 / month)
Home Facts
Baths1Total Finished SqFt108,488 SqFtAbove Grade Finished SqFt108,488 SqFtStories2Lot Size165,092 SqFtStyleMiscellaneous CommercialYear Built1972ZoningGCCountyEL DORADOAPN029-441-024-000
Schools near 3794 Montreal Road
This home is within Lake Tahoe Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 12 |
Rating | School | Distance |
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Sierra House Elementary School PublicK to 5 | ||
South Tahoe Middle School Public6 to 8 | ||
South Tahoe High School Public9 to 12 | ||
Elevated Digital Learning Academy PublicK to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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