Sold $658,000 $680,000 Closed
1001 Commonwealth Drive #151
Kings Beach, CA 96143

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SOLD 2026-08-14
Sold for $658,000 (listed at $680,000)
📋 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 $658,000 on 2026-08-14, 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

Discover the perfect location to experience all that Lake Tahoe has to offer in this bright and sunny townhome, where the soothing sounds of Griff Creek can be enjoyed from two expansive back decks. This spacious residence accommodates everyone with three bedrooms, two full baths, and a bonus loft that provides additional sleeping space. The beautifully remodeled kitchen serves as the centerpiece of the great room, which is further enhanced by a cozy wood-burning fireplace, creating an inviting atmosphere for relaxation and entertainment. Ample storage throughout ensures that all your Tahoe toys can be conveniently stowed away. With Lake Tahoe and Northstar just minutes away, a wealth of recreational opportunities awaits. Additionally, the Kingswood Village Homeowners Association offers a range of amenities, including a lovely pool, bocce courts, kayak storage, tennis facilities, a clubhouse, and more, making this townhome an ideal retreat for both adventure and leisure

Listed by Kane Schaller — Dickson Realty

Listing Details

Status Closed
MLS # 20260706
Sold Date 2026-08-14
Sold Price $658,000
Price/Sq Ft $434

Property History

May 04, 2026
Listed for sale
$680,000
Aug 14, 2026
Sold
$658,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,566
Year Built 1973
Property Type Residential
Style Mountain
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 111240025
Parking
Parking Features None
Exterior & Lot
Lot Features Condo/PUD Project
View Trees/Woods, Water
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

STR Investment Summary — 1001 Commonwealth Drive #151, 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: 52 / 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
This home sold

It sold for $658,000 on 2026-08-14, so it can't be toured.

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