For Sale

8626 North Lake Blvd

Kings Beach, CA 96143

$12,000,000

–Bedrooms
–Bathrooms
–Sq Ft
–Year Built

Listed by Will Doerlich, Realty ONE Group TODAY, Listing Broker

Advertised by Kyle Shutts, Arbor Real Estate (Advertising Broker), DRE# 02060736

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. A State / County agreement to provide a revenue stream through a TOT fees rebate provides a measure of confidence that this is a win-win-win opportunity for the right investment group...

Property Details

MLS #41062150
StatusActive
Lot Size27,548 sq ft
Days on Market883

Inquiries submitted through this site are answered by Kyle Shutts of Arbor Real Estate, the advertising broker, not the listing agent. Listing data provided by CRMLS. Information is deemed reliable but not guaranteed and should be independently verified. Square footage, lot size, and other details are approximate. This listing is subject to prior sale, change, or withdrawal without notice. Last updated .

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Kyle Shutts, Real Estate Professional

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Kyle Shutts

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8626 North Lake Blvd, Kings Beach, CA 96143 | Kyle Shutts