Ice Lakes Lodge
Multifamily | 4 Units
Marketing description
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.
Investment highlights
Rare Luxury Lakefront Property - 21,000 sq. ft. luxury property with a private beach and dock on one of California's most beloved lakes in the Sierra Nevada mountains
Iconic Sierra Nevada Mountains Location - Soda Springs and Lake Tahoe offer true year-round demand with a wide range of available activities
Bay Area's Backyard - Located just east of the San Francisco Bay Area and Sacramento, the property benefits from the tremendous demand of the nearly 12.5M people living in the region
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