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INVESTMENT HIGHLIGHTS
- Rare Luxury Lakefront Property
- Bay Area's Backyard
- Iconic Sierra Nevada Mountains Location
EXECUTIVE SUMMARY
CBRE is pleased to offer for sale the Ice Lakes Lodge and neighboring development land (the “Site” or “Property”). This outstanding lakefront property features a private beach and luxury accommodations on Donner Summit in the Sierra Nevada mountain range.
The Lodge was originally constructed in the 1940s as Serene Lakes Lodge and was then later demolished and rebuilt in 1999 as a full service restaurant and bar with 26 rooms in the European Alpine chalet style the property is today. The property was named Ice Lakes Lodge to pay homage to a company that used to send ice from Serene Lakes to San Francisco for high society to chill their Scotch. In 2014, the current owners undertook a comprehensive redevelopment that was completed in 2020. They converted the property into four luxury lakefront residencies, all with access to the private beach that spans 500 lineal feet of waterfront and with new decks that were installed during the renovation.
This is a rare opportunity to acquire a property of such high standards with a private beach in Serene Lakes on Donner Summit and within close proximity to Lake Tahoe. The property provides room for expansion and flexible zoning that allows for both residential and hospitality use, adding to the uniqueness of this opportunity and possibilities available to be explored by a new owner for expansion or conversion to an operating business.
The Lodge was originally constructed in the 1940s as Serene Lakes Lodge and was then later demolished and rebuilt in 1999 as a full service restaurant and bar with 26 rooms in the European Alpine chalet style the property is today. The property was named Ice Lakes Lodge to pay homage to a company that used to send ice from Serene Lakes to San Francisco for high society to chill their Scotch. In 2014, the current owners undertook a comprehensive redevelopment that was completed in 2020. They converted the property into four luxury lakefront residencies, all with access to the private beach that spans 500 lineal feet of waterfront and with new decks that were installed during the renovation.
This is a rare opportunity to acquire a property of such high standards with a private beach in Serene Lakes on Donner Summit and within close proximity to Lake Tahoe. The property provides room for expansion and flexible zoning that allows for both residential and hospitality use, adding to the uniqueness of this opportunity and possibilities available to be explored by a new owner for expansion or conversion to an operating business.
PROPERTY FACTS
| Sale Type | Investment | No. Rooms | 4 |
| Property Type | Hospitality | No. Stories | 4 |
| Property Subtype | Hotel | Year Built | 1999 |
| Building Class | C | Parking Ratio | 0.98/1,000 SF |
| Lot Size | 2.86 AC | Corridor | Interior |
| Building Size | 20,400 SF | ||
| Zoning | RES-DS - Zoned as Resort, however, the lodge has not been operational as a commercial entity under current ownership. | ||
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.86 AC |
| Building Size | 20,400 SF |
| No. Rooms | 4 |
| No. Stories | 4 |
| Year Built | 1999 |
| Parking Ratio | 0.98/1,000 SF |
| Corridor | Interior |
| Zoning | RES-DS - Zoned as Resort, however, the lodge has not been operational as a commercial entity under current ownership. |
AMENITIES
- Balcony
- High Speed Internet Access
- Patio
- Beach (direct access)
- Boutique/Lifestyle Hotel
- Wedding Venue
- Hot Tub
- Fully-Equipped Kitchen
- Multi-Room Suites
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 4 | $305.97 CAD | - |
1 1
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $10,678,420 CAD | |
| Land Assessment | $2,047,954 CAD | Total Assessment | $12,726,374 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$2,047,954 CAD
Improvements Assessment
$10,678,420 CAD
Total Assessment
$12,726,374 CAD
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Ice Lakes Lodge | 1111 Soda Springs Rd
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