Former Latitude 39 project back on the market
The former Wells Fargo bank site at Stateline is on the market for $9.99 million.
Located directly across Highway 50 from the Tahoe Blue Event Center and next door to the Golden Nugget casino, the site is listed with Chase International agent Mike Dunn.
“(This is an) incredible opportunity for commercial, condominium, resort residences or hospitality development in the coveted Stateline Corridor in tax-friendly Nevada,” according to the announcement.
According to the property overview, the site contains 1.81 acres and has an active permit with the Tahoe Regional Planning Agency for a mixed use condo development.
The permit allows 40 residential units, a 41,523 square foot building footprint and total floor area of 230,145 square feet, in addition to two levels of underground parking.
The luxury development, previously known as Latitude 39, was approved in December 2022 by the TRPA.
The project originally included construction of seven stories, two levels of which were underground, 40 residential condominiums, rooftop access, two levels of parking, entry-level amenities and a public commercial restaurant and bar space and would replace a large parking lot and the former bank located at 110 Lake Parkway.
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