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$ 1,250,000
Est. payment /mo
Active
441 Bear Street #8396 Steelhead AVe Kings Beach, CA 96143
2,656 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 4+ Units
Listing Status Active
Purchase Type For Sale
Square Footage 2,656 sqft
Price per Sqft $470
MLS Listing ID 20251632
Year Built 1953
Lot Size 0.560 Acres
Acres 0.56
Property Sub-Type 4+ Units
Property Description
Prime infill development opportunity in the heart of Kings Beach. Offered as a rare chance to reimagine and revitalize a large central parcel in one of North Lake Tahoe's most vibrant communities. Set on a generous .56-acre lot, this mixed-use property presents a true redevelopment opportunity in an A+ walkable location just blocks from the lake, shops, and dining.The parcel currently features an older 1,522 sq ft duplex with a total of 2 beds / 2 baths, and a 4-unit motel. Both buildings have significant deferred maintenance, offering value primarily in the land and entitlements. The property has 4 TouristAccommodation Units (TAU), there is 1 Residential Unit of Use (RUU), and 5 Potential Residential Units of Use (PRUU)which have been verified. In addition to the existing improvements, there is approximately 12,500 sqft of vacant land on the property that could potentially be developed with single family homes with ADU's, townhomes, or a multi-unit apartment building. This property offers many feasible development opportunities. With land capability verification complete and a topographic site survey in hand, this property is ready for forward-thinking developers to step in and bring new life to a cornerstone of Kings Beach's future. Whether you're looking to create a boutique community of modern mountain homes or a higher-density housing solution, 441 Bear Street offers flexibility, location, and untapped potential. Bring your vision and build your legacy. Contact us today for site documents, land capability documentation, and to schedule a private tour.
Location
State CA
County Placer
Area Brockway Vista-1So
Zoning TB-RES-KBR
Exterior
Parking Features Gravel
View Wooded
Roof Type Shake/Shingle
Topography Level
Building
Lot Description STREET
Story 2
Foundation Perim Block
Sewer Utility District
Water Utility District
Others
Virtual Tour https://visualize.sierrasothebysrealty.com/listing-preview/201568626
Listed by David Westall • Sierra Sotheby's Int - Rock
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