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Lake Tahoe Proper

2 Stateline Rd, Crystal Bay

A legendary Lake Tahoe resort being reimagined as a design-forward hospitality destination.

  • Property ClassClass A
  • Property TypeHospitality
  • Investment StrategyOpportunistic
  • Asset StatusAsset Under Development
  • Operating StageIn Development (Refabricating)
About Lake Tahoe Proper

About Lake Tahoe Proper

Lake Tahoe Proper is a luxury resort located in Crystal Bay, Nevada, perched on the shores of Lake Tahoe and positioned to offer sweeping lake views alongside easy access to both Nevada and California attractions. The property is situated near the state line and adjacent to major outdoor recreation, gaming, and cultural destinations, providing an elevated hospitality experience that blends natural beauty with regional entertainment and lifestyle demand.

The resort features thoughtfully designed lodging across multiple buildings that combine contemporary mountain chic with lakefront elegance. Amenities include world-class dining venues, a full-service spa, wellness and fitness facilities, year-round pool and hot tubs, curated outdoor spaces, and flexible event and meeting space. Guestrooms and suites are appointed with premium finishes and expansive views, creating a distinct sense of place that speaks to both relaxation and active adventure.

Lake Tahoe Proper’s unique value proposition lies in its combination of a premier lakefront location, luxury-oriented service, and experiential amenities that cater to both destination travelers and high-end leisure segments. By delivering resort-level hospitality in one of the region’s most iconic and supply-constrained settings, the property is positioned to capture sustained demand from affluent travelers seeking an immersive Tahoe experience that blends scenic access with elevated comforts.

    Learn more about Lake Tahoe Proper

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    Success is in our DNA

    Asset Highlights

    • Total Equity

      Coming Soon

    • Acquisition Date

      April 2023

    • Disposition Date

      N/A

    • Disposition Price

      N/A

    Year Built
    1937
    Year Last Renovated
    December 2026
    # Key/Rooms/Units
    200 Rooms
    Stories
    1
    Total Land Sq. Ft.
    368,518 SF
    Acres
    8.46 AC
    Meeting Space Sq. Ft.
    14,000 SF
    Gross Building Area
    139,654 SF
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