Prime Infill Development Opportunity in the Heart of Kings Beach

Offered as a rare chance to reimagine and revitalize a 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 Tourist Accommodation Units (TAUs), 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 sq ft of vacant land on the property that could potentially be developed with single-family homes and ADU's, townhomes, duplexes, 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.

Key Highlights:

• .56 acres of prime infill land 
• Existing duplex + 4-unit motel
• 12,500 sq ft of buildable land
• Land capability & topo survey completed
• Walkable location to downtown Kings Beach & Lake Tahoe
• Zoned for potential multifamily, townhouse, or single-family development
• Zoning allows for 15 dwelling units per acre 
• Bonus density potential for affordable housing

Bring your vision. Build your legacy.
Contact us today for site-specific documents and to schedule a private tour.