Sold $520,000 $538,000 Closed
1001 Commonwealth Drive #125
Kings Beach, CA 96143

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SOLD 2025-11-17
Sold for $520,000 (listed at $538,000)
📋 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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What's this home worth today?

It sold for $520,000 on 2025-11-17, 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

Just minutes to the crystal-clear shores of Lake Tahoe, Northstar for skiing, and nearby hiking and biking trails. Don't miss your chance to own this spacious and sunny 2-bedroom, 2-bath townhome with a versatile loft and cozy bonus “cubby” space—ideal for guests, remote work, or extra storage. Vaulted pine ceilings with exposed beams create a warm, mountain-modern ambiance in the open-concept living, dining, and kitchen area. South-facing orientation fills the home with natural light year-round. This well-situated Kingswood Village unit offers unbeatable access to year-round recreation. Community amenities include a pool, kiddie pool, fitness center, tennis, bocce and pickleball courts, and even boat storage. Whether you're looking for a weekend getaway, full-time residence, or investment property, the potential here is tremendous.

Listed by Tanaya Peck — Coldwell Banker Realty

Listing Details

Status Closed
MLS # 20251158
Sold Date 2025-11-17
Sold Price $520,000
Price/Sq Ft $378

Property History

Jun 01, 2025
Listed for sale
$628,000
Current
Sold
$520,000

Sale History · changed hands 2×

Sold Price Listing agent (sell side) Buyer agent (buy side)
May 2023 $599,000 Tom MillsColdwell Banker Realty Tanaya PeckColdwell Banker Realty
Nov 2025 · this listing $520,000 (-13%) 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 111240053
Parking
Parking Features None
Exterior & Lot
Lot Features Street, Tennis Court
View Trees/Woods
Construction Frame
Roof Composition
Foundation Concrete Perimeter
Utilities & Systems
Heating Natural Gas
Financial
HOA Fee $796 / Monthly
HOA & Community
Community Amenities Pool, Tennis Court(s), Other/See Remarks

STR Investment Summary — 1001 Commonwealth Drive #125, Kings Beach

Est. Gross Annual Revenue
$35K – $55K
typically ~$45,000
Avg Nightly Rate
$274
Projected Occupancy
45.0%
Cap Rate
3.4%
Structural Score: 46 / 100 (Standard) · 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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