North Tahoe mall faces foreclosure after $14.39M loan default

North Tahoe mall faces foreclosure after $14.39M loan default

TAHOE CITY, Calif. — Boatworks at Tahoe, a prominent commercial property in downtown Tahoe City and home to North shore’s only enclosed shopping mall, is facing foreclosure after a notice of default was recorded earlier this year. The “Notice of Default and Election to Sell Under Deed of Trust” indicates that more than $14.39 million was owed on the property as of Jan. 27, 2026. According to the notice, the $14.39 million became due after the pr…