8626 N Lake Boulevard Kings Beach, CA 96143

Listing agent Dave Hanczarek Show Phone

Listing office Dickson Realty i***@dicksontruckee.com 11836 Donner Pass Road, Truckee, CA Show Phone

Listing date Dec 28, 2024

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MLS# 20250028 Listing URL

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Investment Insights

Based on property information with market context.

This property presents an opportunity for ownership of a prime location on Lake Tahoe in Kings Beach. The project, close to final approvals, has architectural plans approved for a 30-unit hotel. The hotel includes 21 hotel rooms and 9 CondoTel units available for sale with short-term rental capability. The design features first-floor retail and restaurant space, a three-story hotel, and a rooftop terrace restaurant and bar with lake views. The property is next to the county beach and in proximity to the proposed and approved Ferry Landing Dock. Recent hotel property purchases highlight the value of this project, offering a unique location with the ability to build a contemporary style hotel with modern amenities. A state and county agreement to provide a revenue stream through TOT fees rebate is in place. The collaboration with the State of California and Placer County provides a path to success for this project. The property is located at 8626 N Lake Boulevard, Kings Beach, CA 96143, in Placer County. The lot size is 0.4304 acres.

Key Highlights

• Prime Lake Tahoe location in Kings Beach Downtown revival area.
• Approved architectural plans for a 30‑unit hotel with 21 hotel rooms and 9 CondoTel units (short‑term rental capability).
• Rooftop terrace restaurant/bar with lake views.

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FAQs

What type of property is this?

Hotel - Prime Kings Beach location approved for 30-unit hotel development.

Where is this hotel located?

The property is located at 8626 N Lake Boulevard 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: Prime Lake Tahoe location in Kings Beach Downtown revival area.; Approved architectural plans for a 30‑unit hotel with **21 hotel rooms and 9 CondoTel units (short‑term rental capability).**; **Rooftop terrace restaurant/bar with lake views.**