Sold $635,000 $650,000 Closed
1001 Commonwealth Drive #73
Kings Beach, CA 96143

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SOLD 2025-10-09
Sold for $635,000 (listed at $650,000)
📋 STR Permit on File
Placer County's public short-term-rental registry shows a permit on file for this home. Permits never transfer with a sale — a buyer applies for their own.
3 Beds
·
2.0 Baths
·
1,566 Sq Ft
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About This Property

Charming 3-Bedroom, 2-Bathroom Townhome with Loft in Kingswood Village Welcome to this beautifully updated 3-bedroom, 2-bathroom townhome with an additional loft, ideally located in the highly sought-after Kingswood Village. This delightful property offers the perfect blend of comfort and convenience, making it an excellent choice for a second home or vacation rental. Step inside to discover an open and inviting living space, perfect for relaxing after a day of outdoor adventure. The well-appointed kitchen flows seamlessly into the spacious living and dining areas, creating an ideal atmosphere for entertaining or cozy evenings with loved ones. The loft adds an extra dimension to the home, offering endless possibilities for a home office, playroom, or additional guest space. The home features two bedrooms on the first floor, conveniently located near a full bathroom, a storage closet, and a laundry closet. The third bedroom is situated on the main floor, alongside the kitchen, living room, and a second full bathroom. This thoughtful layout provides plenty of room and flexibility for everyone. Outside, you’ll find a location that’s tough to beat. Just minutes from the vibrant shops and restaurants in Kings Beach, you’ll never be far from dining, shopping, or local attractions. For outdoor enthusiasts, you’re ideally positioned between the Northstar Ski Resort, where you can enjoy skiing in the winter and golfing or mountain biking in the summer, and downtown Kings Beach. The old Brockway Golf Course is right across the street, offering a beautiful spot for golf lovers. In the summertime, take advantage of the community pool where you can relax and enjoy the warm weather in a peaceful setting. With close proximity to the grocery store and public beach, this location provides the perfect balance of tranquility and accessibility. Whether you’re looking for a weekend getaway, a vacation rental investment, or a place to call your own, this townhome in Kingswood Village has it all. Don’t miss your chance to own a piece of paradise! Contact us today to schedule a showing.

Listed by Dustin Allen — Sierra Sotheby's Int - Rock

Listing Details

Status Closed
MLS # 20250409
Sold Date 2025-10-09
Sold Price $635,000
Price/Sq Ft $415

Property History

Mar 24, 2025
Listed for sale
$675,000
Current
Sold
$635,000

Sale History · changed hands 2×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Jun 2023 $750,000 Wendy PooreWest Lake Properties at Tahoe Dustin AllenSierra Sotheby's Int Rlty TK2
Oct 2025 · this listing $635,000 (-15%) Dustin AllenSierra Sotheby's Int - Rock William WilkesRedfin Corporation

MLS closed sales, with duplicate ingestions collapsed and lease records excluded, so each row is a distinct transaction. Rows marked county record come from the assessor's deed data, which reaches back further than the MLS feed; rows marked via a listing site fill the years the feed misses using that site's public sale record.

Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,566
Year Built 1972
Property Type Residential
Style Mountain
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 111220006000
Parking
Parking Features None, Other
Exterior & Lot
Lot Features Condo/PUD Project, Tennis Court
Construction Frame
Roof Composition
Pool & Spa
Pool Swimming Pool
Utilities & Systems
Heating Natural Gas, CFAH
Financial
HOA Fee $664 / Monthly
HOA & Community
Community Amenities Pool, Tennis Court(s), Exercise Equipment

STR Investment Summary — 1001 Commonwealth Drive #73, Kings Beach

Est. Gross Annual Revenue
$35K – $65K
typically ~$50,000
Avg Nightly Rate
$304
Projected Occupancy
45.0%
Cap Rate
3.1%
Structural Score: 45 / 100 (Standard) · STR Zone: Yellow

Nightly rates and occupancy from Kings Beach market data (172 comparable 3-bedroom rentals, 2026-10); seasonality from comparable Tahoe rentals. Gross of management, cleaning and platform fees. Assumes full-year availability, professional management and dynamic pricing; owner use reduces it. Estimates vary.

Home Insurance Estimate

California FAIR Plan fire policy + a DIC wrap policy, the usual Tahoe setup

$2,400 – $2,800/yr
about $217/mo
Est. Rebuild Cost (Coverage A)
$469,800
FAIR Plan (fire)
$2,000/yr
DIC wrap (theft, water, liability)
$400 – $800/yr

Estimate from this ZIP's California FAIR Plan rates (Plan data as of 6/30/2026, with the 29.1% increase effective 10/15/2026) on an estimated rebuild cost, plus a DIC policy at 20–40% of the FAIR premium. Not a bindable quote; a local broker quote depends on the home's age, roof, defensible space and claims history.

See it in the monthly payment Tahoe wildfire insurance costs
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