Sold $597,500 $619,000 Closed
1001 Commonwealth Drive #157
Kings Beach, CA 96143

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SOLD 2025-10-21
Sold for $597,500 (listed at $619,000)
📋 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.
2 Beds
·
2.0 Baths
·
1,422 Sq Ft

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It sold for $597,500 on 2025-10-21, and prices have moved since. Three boxes: leave your number and Murat calls you with what it would sell for today, priced from the latest closed sales nearby.

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Our data on this home

About This Property

Embrace the Sound of a Babbling Brook and the Serenity of Nature, Right from Your Deck. This meticulously maintained two-bedroom, two-bath home features a spacious loft and a versatile office that can easily serve as a third bedroom. Step out onto your private, creekside oasis, and soak in nearly 180 degrees of open forest views, thanks to recessed neighboring units that frame the landscape like a living painting. Inside, the space has been extensively remodeled with thoughtful upgrades: granite kitchen countertops, a spa-inspired bathroom, and high-end bedding for ultimate comfort. Beyond the beautiful finishes, you'll appreciate the newer furnace and water heater, ensuring worry-free living. The great room is a showstopper, blending living, dining, and kitchen spaces under soaring, vaulted pine ceilings with exposed beams and a striking granite fireplace at its heart. Sold mostly furnished with tasteful, cozy pieces — this home is ready to be your forest retreat from day one. Relax. Unwind. Listen to the brook, breathe in the forest air, and let life slow down.

Listed by Stephanie Fillinger — Engel & Volkers Truckee

Listing Details

Status Closed
MLS # 20250543
Sold Date 2025-10-21
Sold Price $597,500
Price/Sq Ft $435

Property History

Apr 11, 2025
Listed for sale
$675,000
Current
Sold
$597,500

Sale History · changed hands 2×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Jun 2022 $665,000 Tom MillsColdwell Banker Realty Stephanie FillingerCarr Long Real Estate
Oct 2025 · this listing $597,500 (-10%) Stephanie FillingerEngel & Volkers Truckee Tanaya PeckColdwell Banker Realty

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 2
Baths 2.0
Sq. Ft. 1,422
Year Built 1973
Property Type Residential
Style Mountain
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 111240019
Parking
Parking Features None
Exterior & Lot
View Trees/Woods, Water
Construction Frame, Wood Siding
Roof Composition
Foundation Concrete Perimeter
Utilities & Systems
Heating Natural Gas, CFAH
Financial
HOA Fee $664 / Monthly
HOA & Community
Community Amenities Pool, Tennis Court(s)

STR Investment Summary — 1001 Commonwealth Drive #157, Kings Beach

Est. Gross Annual Revenue
$45K – $65K
typically ~$55,000
Avg Nightly Rate
$335
Projected Occupancy
45.0%
Cap Rate
3.6%
Structural Score: 57 / 100 (Premium) · STR Zone: Yellow

Nightly rates and occupancy from Kings Beach market data (118 comparable 2-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

$2,200 – $2,500/yr
about $196/mo
Est. Rebuild Cost (Coverage A)
$426,600
FAIR Plan (fire)
$1,800/yr
DIC wrap (theft, water, liability)
$400 – $700/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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