8626 N Lake Blvd Kings Beach, CA 96143

Listing agent Will Doerlich Show Phone

Listing office Realty ONE Group TODAY w***@willdoerlich.com 127 Spring St. Ste 120, Pleasanton, CA Show Phone

Listing date Jun 5, 2024

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MLS# 41062150 Listing URL

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Investment Insights

Based on property information with market context.

Approved architectural plans are in place for a three-story, 30-unit hotel project that includes rooftop terrace space and first-floor retail/restaurant area. The current plan provides 21 hotel rooms and 9 CondoTel units with short-term rental capability, along with a rooftop terrace restaurant/bar configuration.

The property is located at 8626 N Lake Blvd in Kings Beach, positioned next to the County Beach. It is described as immediately proximate to a proposed and approved Ferry Landing Dock, with walking access between the hotel and the beach or ferry service.

The remarks also note progress toward near-final approvals with the county and state in agreement and support of the project. A stated state/county agreement provides a revenue stream through a TOT fees rebate for the project.

Key Highlights

• Plans approved for a 30‑unit hotel with lake views from the rooftop terrace restaurant/bar.
• Hotel includes 21 hotel rooms plus 9 CondoTel units with short‑term rental capability as part of the hotel.
• Three‑story hotel design with first‑floor retail/restaurant space and a rooftop terrace.

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FAQs

What type of property is this?

Hotel - Approved plans call for a three-story 30-unit hotel with a rooftop terrace restaurant and first-floor retail/restaurant space.

Where is this hotel located?

The property is located at 8626 N Lake Blvd Kings Beach, CA.

What is the asking price?

The asking price for this property is $12,000,000.

What are key features of this property?

This property features: Plans approved for a 30‑unit hotel with lake views from the rooftop terrace restaurant/bar.; Hotel includes 21 hotel rooms plus 9 CondoTel units with short‑term rental capability as part of the hotel.; Three‑story hotel design with first‑floor retail/restaurant space and a rooftop terrace.