Townsite
Markleeville, CA 96120
(on 8.80 acres)
Local Information
-- mins to
Description
Welcome to a remarkable opportunity in the heart of historic downtown Markleeville, California! This expansive 8.8-acre parcel of land with a small historic structure is ideally situated just a short distance from the stunning Lake Tahoe, offering an unparalleled gateway to a wealth of outdoor recreation experiences. Nestled within what is often regarded as the heart of the California Alps, this location boasts an abundance of activities, including hiking, cycling, mountain biking, fishing, and more. For winter enthusiasts, Kirkwood Ski Resort is just a convenient 30-minute drive away. Two water hookups to town's system and a private well.Previously zoned for residential neighborhood use, this property has now been rezoned for planned development'' and offers a world of possibilities for a savvy real estate developer with a flair for creativity. Possibilities of reverting back to residential depending on buyer's needs.Enjoy a wide range of recreational activities in the vicinity, from thrilling snowmobiling and snowshoeing to scenic cross-country skiing. Explore world-class destinations like Kirkwood and Heavenly Ski Resorts. If you prefer water adventures, try paddle boarding and kayaking. For the adventurous, there's rock climbing, as well as options for road and mountain biking. Fishing enthusiasts can indulge in fly fishing and more. Grover hot springs is just a short drive away.Don't miss your chance to shape the future of this prime piece of real estate in the heart of Markleeville, where history meets opportunity. The possibilities are limited only by your imagination.Seller financing available for qualified buyers.
Townsite, Markleeville, CA 96120 is a lot/land. It last sold for $560,000 on Mar 22, 2024 (7% below the $599,000 asking price). It is currently off market. The Trulia Estimate rent is $1,488/month.
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Home Highlights
Parking
No Info
Outdoor
No Info
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for Townsite
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Appliances & Utilities Utilities: Natural Gas Not Available |
Gas & Electric Has Electric on Property |
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Frontage Road Surface Type: Alley Paved |
Water & Sewer Sewer: None |
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Cumulative Days on Market: 190 |
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Property Type / Style Property Type: LandProperty Subtype: Unimproved Land |
Property Information Parcel Number: 0022700160 |
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Price List Price: $599,000 |
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MLS Status: Sold |
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Direction & Address City: Markleeville |
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Association for this Listing: South Tahoe Association of Realtors |
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Lot Area: 8.8 Acres |
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Disclaimer: Information has not been verified, is not guaranteed, and is subject to change. |
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Listing Terms: Seller Financed |
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Business Information Ownership: Fee Simple |
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Last check for updates: about 11 hours ago
Listed by Rene T Brejc, (530) 545-0340
Ascent Property Group
Bought with: Rene T Brejc, (530) 545-0340, Ascent Property Group
Originating MLS: South Tahoe Association of Realtors
Source: STAOR, MLS#139401

Price History for Townsite
| Date | Price | Event | Source |
|---|---|---|---|
| 03/22/2024 | $560,000 | Sold | STAOR #139401 |
| 10/17/2023 | $599,000 | Pending | STAOR #139401 |
| 09/23/2023 | $599,000 | Listed For Sale | STAOR #139401 |
Market trends in Markleeville
Last updated May 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
—
Available listings
13
Comparable Sales for Townsite
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
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1.01 | Lot/Land | $100,450 | 03/05/26 | - | - | ||
0.98 | Lot/Land | $40,000 | 06/03/26 | - | - |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for Townsite.
What Locals Say about Markleeville
At least 1 Trulia users voted on each feature.
100 % Say car is needed
100 % Say there are community events
100 % Say parking is easy
100 % Say people would walk alone at night
100 % Say yards are well-kept
100 % Say it's quiet
100 % Say there's wildlife
92 % Say neighbors are friendly
80 % Say it's dog friendly
75 % Say kids play outside
67 % Say they plan to stay for at least 5 years
33 % Say there are sidewalks
33 % Say there's holiday spirit
Sourced by Trulia users. Learn more about our methodology.
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Apartments for Rent
Homes for sale near Townsite
Off Market Homes Near Townsite

Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.
© Copyright South Tahoe Association of Realtors.
Based on information from the South Tahoe Association of REALTORS® MLS as of 2026-07-07 23:34:37 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Based on information from the South Tahoe Association of REALTORS® MLS as of 2026-07-07 23:34:37 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.