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2007 5th Street
2007 5th Street
2007 5th Street
2007 5th Street
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$6,250,000

2007 5th Street

10,716 Sq.Ft.

Description

Emerald Bay Cabins, a limited collection of new and exclusive residences, are located in the Town Center Gateway District that allows the rare privilege of being utilized as short-terms vacation rentals. Positioned at the rejuvenated Y'' provides convenient access to the property, as well as an incomparable walk score to a gluttony of city amenities; restaurants, shopping, grocery stores and transit. Located just 2 miles from Camp Richardson, you're just a short bike ride away from some of the best beaches Tahoe has to offer. Each unit presents highly curated design palettes that deliver an atmosphere of luxury and comfort while preserving energy efficiency and low-maintenance. Open concept living affords a generous great room with vaulted, light-filled ceilings and central gas fireplace with tile surround. The contemporary style kitchen displays a contrasting blend of custom cabinetry, open hickory shelving, brilliant quartz countertops and stainless appliances. Luxury vinyl plank flooring tie all spaces together with a durable yet warm oak appearance that meld perfectly with bright white shaker style doors and mill works. You'll find a primary suite on the main level with his/her closets and a well-appointed bathroom with stall shower and free-standing soaking tub. The lower-level tenders 2 more spacious bedrooms, including a bunk room for the kids with access to the backyard. The grounds are lushly landscaped with an expansive grass area, an array of trees for screening and privacy as well as a fully-fenced backyard. Each unit has both lower and upper decks that feature a cedar encased privacy wall, are all fully covered and provide hard lined gas BBQ's. Each of the residences also have EV car charging stations in their own 2-car garages, as well as A/C for those warm summer months. Properties include all of the elegant furnishings and stylish decor to provide a hassle free, turnkey experience.The list price is for the entire complex, which can include the property management team that is already in place and renting. For those not looking for an entire development, the conditional public report is complete and individual units are available for sale for $1.35M each.

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Location

2007 5th Street, South Lake Tahoe, CA 96150

Status

Sold
Michael Keller

Michael Keller

TITLE

Broker | Owner

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Property Amenities

Interior
Flooring Carpet, Other/See Remarks
Area & Lot
Lot Area 0.5 Acres
Living area 10,716 Sq.Ft.
MLS® ID 139922
Year Built 2022
Type Commercial
Status Sold
Exterior
Stories 2
Heat type Natural Gas, Central Refrig A/C, Forced Air, HVAC
Other Exterior Features RV Access/Parking, Barn/Outbuildings
Roof Asphalt, Composition
Utilities Electricity Available, City Sewer, Natural Gas Available, Cable TV, Telephone, City Water, Water Meter
Finance
Sales Price $6,250,000

Work With Michael

Michael’s knowledge of economics, investment, and the local market are valuable assets for his clients who want to either maximize their return on a sale or make an educated purchase.