$2,800,000

Site of an Old-Tahoe Church Camp & more recently a Community School, this 1.6 acre (+,-) Investment Property is located in the heart of the west shore, across the street from Kilner Park (https://www.tcpud.org/kilner-park) bordering West Lake Boulevard. Zoning is Mixed-Use, which provides for a variety of income producing redevelopment opportunities. Buyer to investigate their highest & best possible future use of this property. Perhaps a PUD cluster of new homes, commercial/retail shops with additional second story housing units, or a recreational facility, or even professional offices; the potentialities are extensive. The current use of this property provides long term housing for local renters. Gross rentals total $10,450 per month with units ranging from two 4-bed/2bath 2-story homes, 3 studio/1-bath cabins, 1-bed/1-bath loft cabin, and an office space. Attached renderings shows the current configuration of homes & cabins as that are now. Additionally, this property is a great opportunity to build an extensive family compound retreat. Seller will consider possible short-term seller-financing. Borders the West Shore bike path, with immediate access to Sunnyside Resort, Hurricane Bay Beach, Ward Creek/Alpine Meadows backside, with access to endless hiking/biking/skiing trials & of course the great amenities at Kilner Park are right there!