$665,000 Closed
1001 Commonwealth Drive #57
Kings Beach, CA 96143
SOLD 2026-02-17
Sold for $655,000 (listed at $665,000)
📋 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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It sold for $655,000 on 2026-02-17, 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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About This Property

A beautiful mountain home for your Lake Tahoe escape. Close of North Star, beaches, hiking trails, restaurants. Historic Old Brockway Golf Course. Enjoy your stay whether for a day of golfing, hiking, beach fun or a fun ski weekend and return to your Tahoe retreat for rest and relaxation. A lovely outside area snow play area for the family, during winter and summer time. Enjoy your gourmet kitchen. Open floor plan inside living room, gas fireplace, dining area and kitchen. Enjoy outside deck on upper floor and downstairs from primary bedroom. Unit has a rental history. Current rentals home not available weekend of 1/23 and weekend of 2/20. Please check with LA with any questions. Checkout time is 10am and check in time 4pm.

Listed by E. Dee Dee Clark — Coldwell Banker Select Real Es

Listing Details

Status Closed
MLS # 20260085
Sold Date 2026-02-17
Sold Price $655,000
Price/Sq Ft $425

Property History

Jan 21, 2026
Listed for sale
$665,000
Current
Sold
$655,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,566
Year Built 1970
Property Type Residential
Style Mountain
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 111210034000
Parking
Parking Features None
Exterior & Lot
Lot Features Condo/PUD Project, Rental History
View Trees/Woods
Roof Composition
Utilities & Systems
Heating Natural Gas
Financial
HOA Fee $796 / Monthly
HOA & Community
Community Amenities Pool, Tennis Court(s)

STR Investment Summary — 1001 Commonwealth Drive #57, Kings Beach

Est. Gross Annual Revenue
$35K – $65K
typically ~$50,000
Avg Nightly Rate
$304
Projected Occupancy
45.0%
Cap Rate
3.0%
Structural Score: 51 / 100 (Standard) · STR Zone: Yellow

Nightly rates and occupancy from Kings Beach market data (177 comparable 3-bedroom rentals, 2026-08); 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.

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