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The Chateau & Zalanta at The Village 2 Retail Properties in South Lake Tahoe, CA

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Investment Highlights

  • Irreplaceable Year-Round Retail Location – Situated within one of Lake Tahoe’s most sought after commercial corridors
  • Future Development – Phase II for The Chateau & Zalanta include 431 fully entitled condo units and ±75,000 SF of proposed retail that's fully entitled
  • Population Density – Dense, infill trade area bounded by the California–Nevada Stateline to the north
  • Hospitality Focus – Surrounded by numerous high-end hotels and over 6,800 rooms in a 3-mile radius of the property
  • 100% Location – Situated STEPS away from the Heavenly Ski Resort Gondola, four renowned casinos, Tahoe Blue Event Center

Executive Summary

* Irreplaceable Year-Round Retail Location – Situated within one of Lake Tahoe’s most soughtafter commercial corridors directly across from Heavenly Ski Resort, drawing over 15 million visitors annually, the property serves as a core hub for the area’s most popular dining, entertainment, and après-ski destinations and benefits from consistent tourism driven by world-class skiing and summer recreation

* Founded in 1955, Heavenly Mountain Resort is a world class destination featured on the Epic Pass, ranked No. 5 by USA Today for skiing and snowboarding in 2024 and 2025, and recognized among the top 10 apres ski destinations in North America by OnTheSnow

* Hospitality Focus – Surrounded by numerous high-end hotels and over 6,800 rooms in a 3-mile radius of the property, including the Edgewood Tahoe Resort (154 rooms), Harrah’s Lake Tahoe (512 rooms), the Lakeland Village Resort at Heavenly (170 rooms), to name a few

* Future Development – Phase II for The Chateau and Zalanta include 431 fully entitled condo units and ±75,000 SF of proposed retail that is fully entitled

* 100% Location – Situated STEPS away from the Heavenly Ski Resort Gondola, four renowned casinos, Tahoe Blue Event Center (±125 yearly events), and the Lake Tahoe Outdoor Arena

* Population Density – Dense, infill trade area bounded by the California–Nevada Stateline to the north, Lake Tahoe to the west, over 4,800 skiable acres to the east, and downtown South Lake Tahoe to the southwest

Property Facts

Sale Type Investment
Status Active
Number of Properties 3
Individually For Sale 0
Total Building Size 30,494 SF
Total Land Area 2.13 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
The Chateau at The Village
4190 Lake Tahoe Blvd, South Lake Tahoe, CA 96150
Retail 15,247 SF 2014 -
The Chateau at The Village
4125 Lake Tahoe Blvd, South Lake Tahoe, CA 96150
Retail 15,247 SF 2017 -
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  • Listing ID: 39466627

  • Date on Market: 2026-02-17

  • Last Updated:

  • Address: The Chateau & Zalanta at The Village, South Lake Tahoe, CA

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