Stateline Neighborhood Description

Stateline is right in the heart Casino area and consists of some of the most prime development property in South Lake Tahoe. The neighborhood is a mix of Hotels, Condominiums, affordable housing and more expensive residential houses. It is a dirty ugly area that has tremendous potential, but unfortunately the TRPA is overly conservative and too political to allow this to happen in the short term. This is a great area to invest in affordable housing or cheap hotels with the hope that regulations will change in the future to allow more big development dollars to invest. A bigger gamble than other neighborhoods , but possibly a much bigger pay off.