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About This Property
Sunny, south-facing 3-bedroom plus loft townhome in the highly desirable Kingswood Village. This inviting and stylish unit features vaulted ceilings in the great room, abundant natural light, and a striking stone gas fireplace, perfect for gathering with family and friends. The updated kitchen and bathrooms offer a modern touch, while wood-beamed ceilings with knotty pine accents provide a warm and iconic mountain feel. All three bedrooms have nice separation for added privacy and the spacious loft with two pull-out beds provides overflow sleeping options for guests. Ideally located just steps from the community amenities including an exercise room, sauna, seasonal pool and wading pool, and a sports court with tennis, pickleball, and basketball. Additional features include bocce ball, kayak and paddleboard storage, and extra parking for boats and trailers. Set adjacent to an extensive network of hiking and mountain biking trails, this prime Kings Beach location offers easy access to the lake, shopping, dining, golf, Northstar Ski Resort and year-round events. Strong annual rental income history adds to the property’s appeal as both a personal retreat and investment opportunity.
Listing Details
Property History
Sale History · changed hands 3×
| Sold | Price | Listing agent (sell side) | Buyer agent (buy side) |
|---|---|---|---|
| Sep 2021 · via MLS history | $625,000 | — | — |
| Apr 2023 | $789,000 (+26%) | Joan JohnsonRedfin Corporation | Jeremy Jacobson |
| Jun 2026 · this listing | $700,000 (-11%) | Jeremy JacobsonSierra Sotheby's Int - Rock | Dana WeilerThe Agency |
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.
STR Investment Summary — 1001 Commonwealth Drive #22, Kings Beach
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.
Land Coverage (TRPA)
Tahoe Regional Planning Agency impervious-coverage budget for this parcel
TRPA caps how much of each Tahoe Basin parcel can be covered by impervious surfaces — buildings, driveways, decks. Estimated coverage — data: TRPA GIS / Tahoe Open Data. The only authoritative determination of coverage and land capability is a Land Capability Verification through TRPA; actual allowable coverage can differ due to verifications, transfers, banked coverage, or deed restrictions.
TRPA parcel fact sheet ↗ How the Basin comparesHome Insurance Estimate
California FAIR Plan fire policy + a DIC wrap policy, the usual Tahoe setup
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
