Property Details
About this Property
Opportunity for ownership of the prime location on Lake Tahoe in Kings Beach Downtown revival. The project is close to final approvals with the county & state in agreement and support of the project. Architectural plans approved for a 30-unit Hotel with views of the Lake from the rooftop terrace restaurant / bar. 21-hotel rooms and 9-CondoTel units available for sale with short-term rental capability as part of the Hotel. First floor Retail / Restaurant space, three story Hotel and Rooftop Terrace provides the Crown Jewel of the Kings Beach Revitalization Plan. This property is next to the County Beach and is immediately in proximity to the proposed and approved Ferry Landing Dock - walk from the Hotel to the Beach or the Ferry to the Nevada-side for all the amenities from the Casinos. Recent Hotel property purchases highlights & brings the value of this project to the forefront - a unique location and the ability to build it to a contemporary style and amenities. And, a State / county agreement to provide a revenue stream through a TOT fees rebate and land transfer provide a measure of confidence that this is a win-win-win opportunity for the right investment group...
MLS Listing Information
MLS #
BE41062150
MLS Source
Bay East
Days on Site
172
Lots & Land Information
Development Status
Approved Building Plan, Site Plan
Lot Description
Corners Marked
Utilities
Other, Other
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
8602 North Lake Blvd is in Kings Beach, CA 96143. This Land is currently priced at $12,000,000. This address can also be written as 8602 North Lake Blvd, Kings Beach, CA 96143.
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This listing information is up-to-date as of August 13, 2024. For the most current information, please contact Will Doerlich, (415) 860-3609
