Exclusive Shovel-Ready Residential Condo Development Opportunity Offered for Sale on Northeast Shore of Lake Tahoe

Cushman & Wakefield marketing rare ±2.0-acre site fully entitled for new premier mid-rise residential condominium project featuring 40 high-end units  

Lake Tahoe, NV – July 30, 2025 – Cushman & Wakefield announced today that the real estate firm has launched marketing efforts for NINE 47 Tahoe, a premier shovel-ready condominium development opportunity located in the prestigious Incline Village Nevada.  

Situated on the northeast shore of Lake Tahoe and strategically positioned at the intersection of Tahoe Blvd and Southwood Blvd, this new project offers unparalleled access to one of the region’s most sought-after locations. NINE 47 Tahoe is poised for immediate development with Tahoe Regional Planning Agency (TRPA) approvals in place, ready to break ground on a 95,433-square-foot, luxury mid-rise residential complex with 40 high-end units. 

Cushman & Wakefield’s Amanda Eastwick, SIOR, CCIM together with Cushman & Wakefield’s National Land Advisory Group led by Matt Davis, ALC, Melanie Haynes and John Kaufman out of Northern California are marketing the ±2.0-acre site for sale.   

“After years of meticulous predevelopment work, this site is now primed to meet the growing demand for luxury living in Incline Village, where limited inventory and high barriers to entry have created a truly rare market opportunity,” said Eastwick. “As desires for premium turnkey residences in Lake Tahoe continues to expand, NINE 47 Tahoe is set to capitalize on the demand for luxury residences within one of the area’s most exclusive residential communities.” 

“The Tahoe Basin is largely built out, with 90% of the land owned by public entities, creating limited opportunities for new development in the market. Within Incline Village, raw land is even more scarce, especially for a project that already has approvals from both the TRPA and Washoe County. NINE 47 Tahoe may very well be the last premium condominium project to receive approval in the area, making it a uniquely valuable investment,” said Davis.  

Incline Village offers unmatched access to the Incline Village General Improvement District (IVGID) amenities, including private beaches, fitness centers, golf courses and recreational facilities, available exclusively to Incline Village residents. These exclusive amenities, combined with Nevada’s favorable tax environment, create a compelling value for developers and buyers alike. The site’s location adds to its premier appeal, as NINE 47 Tahoe is just moments from Diamond Peak Ski Resort, a favorite for locals and visitors alike, offering abundant outdoor activities year-round. 

“The permitting and entitlement process is very arduous in the Tahoe region due to its challenging regulatory environment and limited availability of land for new development. The seller’s success already navigating these extensive complexities and laying the groundwork positions the project for a smooth transition into construction, offering significant time and cost savings for the developer,” added Haynes.