Prime Commercial & Residential Opportunity on Emerald Bay Road – Includes an Option to Purchase a Legacy Business. Seize this rare chance to own a prime half-acre parcel in a high-traffic, high-visibility location at the gateway to Tahoe’s National Forest Bike Trail. This versatile mixed-use lot is zoned for both commercial and residential development and offers 930 IPES and 28% allowable coverage, providing incredible potential for a range of projects.