Sold $600,000 $615,000 Closed
1001 Commonwealth Drive #193
Kings Beach, CA 96143

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SOLD 2026-01-30
Sold for $600,000 (listed at $615,000)
📋 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 $600,000 on 2026-01-30, 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

Welcome to your dream retreat nestled in an idyllic creek side setting. This charming 2-bedroom plus a loft bedroom, 2-bathroom condo- cabin offers a serene escape from the hustle and bustle of everyday life. Situated in a picturesque location, nearby a seasonal creek surrounded by lush greenery, this property is truly a haven of tranquility. With vaulted beamed ceilings and an open floorplan, this condo has a timeless cabin feel. The well-appointed kitchen boasts modern appliances, and a breakfast bar that invites you to gather and share delicious meals with loved ones. Step outside onto your balcony, a tranquil oasis where you can unwind and enjoy the beauty of nature. Sip your morning coffee as you listen to the babbling creek and breathe in the fresh, crisp air. The primary bedroom is a peaceful retreat, featuring a comfortable layout. Wake up to the gentle sound of the creek outside your sliding glass door, and bask in the morning sunlight that filters through the trees. This outdoor space provides the perfect backdrop for relaxation.

Listed by Marlo Eckert — Coldwell Banker Realty

Listing Details

Status Closed
MLS # 20251408
Sold Date 2026-01-30
Sold Price $600,000
Price/Sq Ft $432

Property History

Jun 26, 2025
Listed for sale
$679,000
Current
Sold
$600,000
Property Overview
Beds 2
Baths 2.0
Sq. Ft. 1,422
Year Built 1974
Property Type Residential
Style Mountain
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 111260009
Parking
Parking Features None
Exterior & Lot
Lot Features Tennis Court, Cul-De-Sac
View Water
Construction Frame
Roof Composition
Foundation Concrete Perimeter
Utilities & Systems
Heating Natural Gas, CFAH
Financial
HOA Fee $796 / Monthly
HOA & Community
Community Amenities Pool, Tennis Court(s), Exercise Equipment, Other/See Remarks

STR Investment Summary — 1001 Commonwealth Drive #193, Kings Beach

Est. Gross Annual Revenue
$30K – $50K
typically ~$40,000
Avg Nightly Rate
$244
Projected Occupancy
45.0%
Cap Rate
2.6%
Structural Score: 41 / 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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