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4093 Manzanita Avenue #1-5, 
South Lake Tahoe, CA 96150

$1,600,000


Bed


Bath


2,935

Sq Ft


Multi-Family


Virtual Tour

Active

Listed by

Andrea S King

Joseph King

Sierra Sotheby'S International Realty

Last updated:

May 19, 2025, 04:04 PM

MLS#

141614

Source:

CA STAR

About This Home

4093 Manzanita Avenue #1-5

Discover the ultimate turnkey investment opportunity in the heart of South Lake Tahoe's coveted Tourist Core. This fully-managed, income-producing tourist rental-property features five recently professionally designed and remodeled, well-appointed units, and an unbeatable location that consistently draws year-round visitors. Comprising one spacious two-bedroom, two-bath unit with an open-concept living and dining area, updated kitchen with granite countertops and stainless steel appliances, three trendy one-bedroom units, each offering cozy living spaces, full kitchens with granite counters and stainless steel appliances, and one efficient studio with its own kitchen, this property offers exceptional flexibility and broad guest appeal to groups or individual holiday makers alike. A shared outdoor courtyard enhances guest enjoyment with a hot tub, BBQ, and seating area, perfect for apres-ski relaxation or summer evening gatherings. Located just a short stroll to the vibrant Heavenly Village and Ski Gondola, guests can access world-class skiing and snowboarding within minutes. In warmer months, the property is within walking distance to Lake Tahoe's beaches and marina, offering boating, and lakeside leisure, while nearby bike trails and hiking routes provide access to trails around the lake and endless backcountry adventures. Visitors also enjoy immediate proximity to premier amenities including the new Tahoe Blue Event Center, Stateline casinos, fine dining, shopping, and the iconic Edgewood Tahoe Golf Course. Zoned within the Tourist Core, a hotel/motel property, ensuring reliable, year-round occupancy and robust income potential. The property is currently managed by a professional rental management company, offering passive income for investors seeking a hands-off asset. Whether catering to families, groups, couples, or solo travelers, these five diverse and beautiful units are perfectly tailored for today's travel market and deliver a consistent return with minimal owner oversight. This is a rare chance to acquire a well-performing, fully furnished and equipped vacation rental complex that is in one of the most desirable and walkable areas of South Lake Tahoe. With the region's enduring popularity for outdoor recreation from snow sports and scenic trails to lakefront activities and summer festivals, this location offers not just investment security, but long-term growth potential in one of California's most dynamic, pristine, and sought-after mountain-lake destinations. Video: https://listings.mousepadreno.com/videos/0196d45d-b054-72e7-a405-90e2673a53cb?v=439

Home Facts

Multi-Family

Built in 1953

Price Summary

1,600,000

$545 per Sq. Ft.

MLS #:

141614

Last Updated:

May 19, 2025, 04:04 PM

Added:

4 day(s) ago


Rooms & Interior

Interior

Living Area:

2,935 Sq. Ft.


Structure

Structure

Building Area:

2,935 Sq. Ft.

Year Built:

1953


Lot

Lot Size (Sq. Ft):

6,969


Finances & Disclosures

Finances

Price:

$1,600,000

Price per Sq. Ft:

$545 per Sq. Ft.

Source:CA STAR
The information being provided by South Lake Tahoe Board of Realtors is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the South Lake Tahoe Board of Realtors. Sierra Sotheby'S International Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Sierra Sotheby'S International Realty, a broker participant of South Lake Tahoe Board of Realtors. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by South Lake Tahoe Board of Realtors and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Properties in listings may have been sold or may no longer be available. Copyright 2025 South Lake Tahoe Board of Realtors. All rights reserved.

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