Location, Location, Location! Rare opportunity in the heart of South Lake Tahoe's Tourist Core. Situated on the last TC designated lot on Willow Avenue, this duplex offers exceptional redevelopment potential in one of the area's most sought-after locations. Whether you choose to preserve its classic Old Tahoe charm, renovate and modernize the existing duplex, or start fresh with a brand-new vision, the possibilities are endless.The flexible floor plan also presents the opportunity to convert the property into a single-family residence while taking advantage of South Lake Tahoe's tourist core zoning and its unique development potential. Buyers are encouraged to verify all allowable uses with the City of South Lake Tahoe.The lower unit features two bedrooms, one bathroom, a spacious living room, dining area, kitchen, and dedicated laundry space. While largely original and ready for updating, it provides an excellent canvas for renovation. The upper unit is move-in ready, allowing for immediate occupancy or rental potential.Additional amenities include a detached one-car garage, three off-street parking spaces, two storage sheds, and a fully fenced lot.Ideally located directly across from the newly developed Ski Run Park and just blocks from both the shores of Lake Tahoe and the Heavenly California Base Lodge, this property places you within walking distance of restaurants, shopping, recreation, and year-round entertainment. Whether you're looking for an investment, redevelopment opportunity, or a property to create your dream Tahoe retreat, this is a location that truly cannot be duplicated.