Sold $675,000 $689,000 Closed
1001 Commonwealth Drive #200
Kings Beach, CA 96143

Get condos like this by email

When a condo like this lists in Kings Beach at a similar price and size, we email you the same day. No account needed.

SOLD 2026-03-20
Sold for $675,000 (listed at $689,000)
📋 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

Own this home or one nearby?

What's this home worth today?

It sold for $675,000 on 2026-03-20, 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.

Priced by a local broker from real closed MLS sales near you. Free, no obligation.

Looking to buy instead? See similar homes for sale nearby ↓

Our data on this home

About This Property

Welcome to the ultimate end unit. Nestled at the edge of Kingswood Village, this residence enjoys a truly one-of-a-kind setting that feels more like a private retreat than a condo. From nearly every window, your gaze falls on towering trees, not other units. Perched above the comforting sounds of Griff Creek, it’s rare to find a condo that feels this private with views that make you forget you’re in a community setting at all. Here, you get the convenience of condo living paired with the peace and seclusion of a creekside hideaway - the best of both worlds. Inside, the home offers 3 bedrooms, 2 baths, plus a generous loft. Vaulted ceilings and an open floor plan create an airy, inviting atmosphere, while a thoughtful remodel - including newer appliances and a converted fireplace that expands the living room, set you up for a move-in ready experience. The large loft provides excellent flexibility as a bonus living area, extra sleeping quarters, or a quiet workspace. Don't miss the very large storage nook built into the loft area. This community is designed for recreation and relaxation. Enjoy the swimming pool or let little ones splash in the dedicated wading pool. Challenge friends to a match on the tennis courts or a game of bocce, and take advantage of convenient storage for kayaks, paddleboards, boats, and trailers. Stay active in the exercise room, then unwind in the sauna, a welcome retreat after a day on the slopes or trails. Beyond the neighborhood, you’re in the heart of Tahoe’s best offerings. World-class ski resorts are just minutes away for winter adventures, and in summer you are about 1 mile from the sandy shores of Lake Tahoe. Take advantage of Tahoe's TART system that offers free transportation and will pick you up right at your unit. Whether it’s boating, hiking, skiing, or simply relaxing by the water, this location offers access to the full Tahoe lifestyle.

Listed by Michael Marrone — Wells and Bennett

Listing Details

Status Closed
MLS # 20260008
Sold Date 2026-03-20
Sold Price $675,000
Price/Sq Ft $440

Property History

Jan 01, 2026
Listed for sale
$689,000
Current
Sold
$675,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,566
Property Type Residential
Style Mountain
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 111260002000
Parking
Parking Features None
Exterior & Lot
Lot Features Condo/PUD Project, Tennis Court
View Trees/Woods
Roof Composition
Pool & Spa
Pool Swimming Pool
Utilities & Systems
Heating Natural Gas, CFAH
Financial
HOA Fee $796 / Monthly
HOA & Community
Community Amenities Pool, Tennis Court(s), Other/See Remarks

STR Investment Summary — 1001 Commonwealth Drive #200, Kings Beach

Est. Gross Annual Revenue
$35K – $65K
typically ~$50,000
Avg Nightly Rate
$304
Projected Occupancy
45.0%
Cap Rate
2.9%
Structural Score: 49 / 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
Request a Tour

We'll contact you soon.

R
Real Estate Tahoe
Real Estate Agent

Send a Message