Lakeshore Lodge

For Sale

930 Balbijou Rd, South Lake Tahoe, CA 96150

This South Lake Tahoe property for sale is located at 930 Balbijou Rd. The current listed sale price for Lakeshore Lodge is $14,900,000. Lakeshore Lodge is situated on a lot that is 1.71 acre in size.

Contacts

Scott Fair

NAI Alliance

Property Details

  • Property Type Other
  • Property Size 32,000 SF
  • Units 45
  • Lot Size 1.71 Acre
  • Parking Ratio 1.56 / 1,000 SF
  • Year Built 1969
  • Year Renovated 2012
  • Date Updated May 8, 2026
.NAI Tahoe Sierra, as exclusive advisor to the Seller, is pleased to offer the opportunity to purchase a fee simple interest in Lakeshore Lodge ("the Property"), a 45-key lakefront hotel in South Lake Tahoe, CA. The property sits on 1.7 acres with approximately 350 feet of lake frontage and includes ample parking, a swimming pool, and direct access to sandy beaches and outdoor gathering spaces. Lakeshore lodge is one of few truly lakefront properties in South Lake Tahoe, offering stunning views of both lake and mountains while maintaining convenient access to world-class outdoor recreation, shopping, dining, and entertainment options. Originally built in 1969, the property offers a diverse mix of unit types and amenities including in-unit kitchens, an on-site spa and conference room, and summer concerts on the beach. There is significant value-add potential for both interior and exterior upgrades, including potential to add additional keys or utilize the partially undeveloped 4th story for additional restaurant/amenity space. The offering represents a rare opportunity to acquire a lakefront hotel primed for renovation in a world-renowned destination with limited lakefront availability and significant barriers to entry
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Highlights

  • Additional Captive Revenue Stream: Management contract in-place with adjacent condo community.
  • Extraordinary Views: Lakeshore Lodge is among the few South Lake Tahoe hotels that sit directly on the lake.
  • High Barriers to Entry: South Lake Tahoe presents significant barriers to new development and has a cap on new Tourist Accommodation Units (TAUs)
  • Prime Location: Direct beach access and minutes from Heavenly Ski Resort and downtown South Lake Tahoe.
  • Significant Value-Add Potential: Primed for interior and exterior renovations with potential to increase key count using unused TAUs or add rooftop amenity/restaurant space to partially undeveloped 4th story.
  • Unencumbered of Brand and Management: The property is independently operated with optionality for repositioning.

Getting around

  • 65/100

    Walk Score ®

  • 84/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City South Lake Tahoe, CA
  • Neighborhood Bijou
  • Zip Code 96150
  • Market Sacramento

Points of Interest

  • Safeway Fuel Station

    0.28 miles

  • Chevron South Tahoe

    0.30 miles

  • Tahoe Tom's

    1.18 miles

  • American Gasoline

    1.47 miles

  • Shell

    1.99 miles

  • U.S. Gasoline

    2.14 miles

  • Chevron

    2.52 miles

  • Swiss Mart Food and Gas

    3.19 miles

  • Raley's aisle 1

    3.27 miles

  • Mobil

    3.38 miles

  • Lakeview Commons Public Parking

    0.74 miles

  • High Meadows Trailhead parking lot

    3.70 miles

  • Employee Parking

    4.41 miles

  • Tallac Site Parking

    4.56 miles

  • Tallac Trailhead Parking

    5.88 miles

  • Bayview Trailhead Parking

    7.30 miles

  • Glen Alpine Trailhead

    7.93 miles

  • Berkeley Camp Parking Lot

    9.18 miles

  • Echo Lake Sno-Park

    9.37 miles

  • Tahoe Lakeshore Lodge & Spa

    0.01 miles

  • Howard Johnson Express Inn S. Lake Tahoe

    0.05 miles

  • Lakeland Village

    0.09 miles

  • Lakeland Village Resort at Heavenly

    0.12 miles

  • Budget Inn South Lake Tahoe

    0.13 miles

  • A&A Lake Tahoe Inn

    0.14 miles

  • Beverly Lodge South Lake Tahoe

    0.14 miles

  • Days Inn Lake Tahoe Ski Resort / Golf Area

    0.14 miles

  • Travel Inn

    0.15 miles

  • Beach Retreat & Lodge at Tahoe

    0.18 miles

  • Whole Foods Market

    0.27 miles

  • Safeway

    0.30 miles

  • Ross

    1.17 miles

  • The Shops at Heavenly Village

    1.31 miles

  • Swiss Chalet Village

    2.02 miles

  • Grocery Outlet

    2.40 miles

  • Smart & Final Extra!

    3.10 miles

  • TJ Maxx

    3.14 miles

  • Raley's

    3.33 miles

  • Holiday Market

    6.87 miles

Contact Listing Broker
Scott Fair

NAI Alliance

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