Sold $575,000 $595,000 Closed
1001 Commonwealth Drive #117
Kings Beach, CA 96143

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SOLD 2026-08-11
Sold for $575,000 (listed at $595,000)
📋 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 $575,000 on 2026-08-11, 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 this inviting mountain retreat, a 2-bedroom plus loft, 2-bath condo overlooking a serene greenbelt and surrounded by a peaceful natural setting. Vaulted beamed ceilings and an open floor plan give the home a timeless cabin feel, while the kitchen includes a functional layout with ample storage and a breakfast bar for casual dining. Step out onto the balcony to enjoy the surrounding trees, fresh mountain air, and quiet outdoor setting. The primary bedroom offers a comfortable layout with a sliding glass door that brings in natural light and easy access to the outdoors. Conveniently located within the complex, the home is close to Kingswood Village’s many amenities, including a pool, tennis and pickleball courts, bocce ball, and a fitness center. Kings Beach, Tahoe beaches, restaurants, Brockway Golf Course, Northstar, and nearby hiking and biking trails are all just a short drive away.

Listed by Dimitri Hallerbach — Coldwell Banker Select Real Es

Listing Details

Status Closed
MLS # 20261019
Sold Date 2026-08-11
Sold Price $575,000
Price/Sq Ft $418

Property History

May 29, 2026
Listed for sale
$595,000
Jul 14, 2026
Pending
$595,000
Aug 11, 2026
Sold
$575,000
Property Overview
Beds 2
Baths 2.0
Sq. Ft. 1,422
Lot Size 0.02 acres
Year Built 1972
Property Type Residential
Style Mountain
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 111230019000
Parking
Parking Features None, Other
Exterior & Lot
Lot Features Condo/PUD Project, Landscaped
View Trees/Woods
Construction Masonry, Wood Siding
Roof Composition
Foundation Perim Block
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 #117, Kings Beach

Est. Gross Annual Revenue
$40K – $60K
typically ~$50,000
Avg Nightly Rate
$304
Projected Occupancy
45.0%
Cap Rate
3.4%
Structural Score: 54 / 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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