Gondola Vista, A 20-Residence Ski-In Townhome Community in South Lake Tahoe Lists For $55M

Gondola Vista presents an exceptional investment opportunity, featuring 20 luxury townhomes that operate individually as short-term rentals. These townhomes are situated on a meticulously landscaped 3.43-acre parcel at the base of the world-renowned Heavenly Ski Resort, offering a true ski-in/ski-out experience. This investment is available as a 'bulk sale' for all 20 luxury townhomes. Located within the City of South Lake Tahoe Tourist Core Area Plan, Gondola Vista benefits from the ability to operate all 20 townhomes as short-term rentals without minimum nightly stay restrictions. Each townhome has its own APN, providing the flexibility to sell them individually. The 20 residences include 10 four-bedroom, 6 five-bedroom, and 4 six-bedroom townhomes, ranging from 2,870 to 3,616 square feet of gross living space, each with a two-car garage. These luxurious townhomes feature expansive floor plans, high-end finishes, private outdoor spaces, and some even include private hot tubs, all with breathtaking lake and mountain views.

In addition to its current offerings, Gondola Vista holds significant development potential. Located within an Opportunity Zone, the property allows for the possibility of constructing up to a 71-unit hotel or +/-20 additional condos, further enhancing its appeal in a market dominated by economy and midscale accommodations. Investors can also explore adding resort-style amenities within the developable area, such as a spa, fitness center, or additional dining options, transforming the property into a comprehensive luxury resort destination. With ongoing capital investments in South Lake Tahoe — including the recently opened Tahoe Blue Event Center, new recreational facilities, and major upgrades to the downtown corridor — Gondola Vista stands out as a prime opportunity in a market poised for continued growth and high demand. 30 Lake Parkway, South Lake Tahoe, California is listed for $55,000,000 with Gregory Ochoa at Mountain Luxury Properties and Scott Fair at NAI Tahoe Sierra. For more information, visit: www.gondolavista.com