OverviewFirst time on the market in fifty years, this is a rare opportunity to preserve or build a lakefront dream home on an exceptional piece of Lake Tahoe's West Shore! The waterfront property encompasses two piers owned by the family, a private use 242-foot pier with a 64-foot catwalk, a 450 square foot sundeck, a boat hoist and 2 private buoys, a second 114-foot shared pier, a 2,950 square foot lakefront home, a guest cottage and a two car detached garage.The property spans 1.44 acres on three lots including a large gated lakefront parcel with approximately 124 feet of waterfront bordering Sugar Pine Point State Park, a second lot contiguous with the lakefront lot providing extra privacy and parking, and the third lot currently housing a two car detached garage with separate electric meter and plenty of room for extra boat trailers or recreational vehicles.Development Opportunity / Build your Dream Home! Over the past few years, much of the footwork has been completed to lay the foundation for development of an expansive lakefront estate. The entire Subdivision was surveyed and recorded in February of 2013. (We recommend that any serious prospective buyer obtain a Professional Consultation regarding the possibilities with the lakefront lot coverage and/or consult with the Tahoe Regional Planning Association.) Surveys & Coverage Topographic surveys were conducted on all three lots, the most recent being the waterfront and garage lots, with TRPA certified coverage reports received for the waterfront lot in August 2014 and the garage lot in April 2014. The three full scale topographical surveys or electronic PDF versions can be provided on request.TRPA verified coverage came in at an impressive 11,431 square feet, just on the ground for the lakefront lot, nearly impossible to find on Lake Tahoe's waterfront today, and an additional 1,521 square feet or up to 1,800 square feet with transfer, on the property's garage lot. The Piers, Buoys & Boat Lift The 242-foot pier lease was renewed in 2005 and the 114-foot pier was brought under a new California State Land's Commission lease in 2013. Both buoys as well as the boat hoist have current TRPA stickers issued in 2009. The 242-foot pier has had all of the original wood pilings replaced with steel. The last 45 foot section of the pier was replaced in 2012 with new stairs, a new closet, new electrical, and 6 new steel pilings. The 114-foot pier had 12 new steel pilings replaced in 2014 with 5 new steel catwalk pilings, and a new steel catwalk ladder. (Repairs on both piers were permitted through the appropriate agencies.)Both piers are owned by the lakefront property. The 242-foot pier, sundeck, boat hoist and two buoys are for the private, exclusive use of the Owner of the lakefront property. The 114-foot pier is a shared use pier. There is no HOA or POA associated with the piers or waterfront property. Additional LotsThere are several additional lots listed for sale on the private road which could make the potential for expanding a future Waterfront Estate / Compound, or simply provide additional privacy for the new Owner of the lakefront property.Income Potential The waterfront home has been recently updated should a prospective buyer wish to preserve the original Tahoe A-frame style home. It can also provide a very comfortable living environment or cash flow as a vacation rental while waiting for building permits. It has been marketed as a vacation rental over the years in both winter & summer months, commanding generous prices. For example, a home currently listed on Vacation Rental by Owner sleeps 1-8 & rents for $6,500 to $11,900 per week with a minimum 7 day rental in an HOA with a shared pier (see http://www.vrbo.com/163160). This home currently sleeps 14, there is no HOA, a 242-foot private pier, 2 private buoys, a boat hoist, and a 450 square foot sundeck adjacent to a State Park. Additionally, the pier is still accessible by boat, even during this severe drought when m
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