Not for the faint of heart, this investment opportunity offers serious upside for the right buyer. Conveniently located near local amenities and all that South Lake Tahoe has to offer, the property awaits a complete transformation.This home will require a new foundation and nearly every component replaced. The only existing improvement is a newer electrical panel. There may be potential to raise ceilings and increase the legal square footage to match the full footprint of the home, pending proper permitting and approvals.This project is best suited for experienced buyers who are familiar with the scope and have knowledge of TRPA guidelines. The property lies entirely within a 100% SEZ (Stream Environment Zone), and a tear-down and rebuild would be extremely challenging.DO NOT VISIT THE PROPERTY WITHOUT FIRST CONTACTING THE LISTING AGENT. A police escort is required. Showings are strictly available to serious and qualified buyers only.