$595,000 Active
1001 Commonwealth Drive #117
Kings Beach, CA 96143
✓ STR Allowed — Permit Required
Placer County STR permit required. County-wide cap of 3,900 permits — new permits available until cap is reached.
2 Beds
·
2.0 Baths
·
1,422 Sq Ft
Virtual Tour

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 Active
MLS # 20261019
Days on Market 45
Price/Sq Ft $418

Property History

May 29, 2026
Listed for sale
$595,000
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. Annual Revenue
$34,775
📲
See the full STR projection in the app
Average nightly rate, occupancy rates & monthly revenue graphs — plus this home's building-permit history and more. Free in the Real Estate Tahoe app.
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Based on comparable vacation rental performance data for Kings Beach. Revenue projections are estimates and may vary.

Cost Segregation Tax Savings

Estimated first-year bonus depreciation savings

Estimated First-Year Tax Savings
$0
via bonus depreciation
Land Value
$0
Improvement Basis
$0
5-Year Property (18%)
$0
15-Year Property (10%)
$0
Estimates are for informational purposes only and do not constitute tax advice. Consult a qualified CPA or tax professional for your specific situation. Actual savings depend on individual tax circumstances.

Payment calculator

$0 per month
Principal & interest
$0
Property taxes
$0
HOA dues
$0
From MLS listing data.
Home insurance
$0
Insurance estimate only — Tahoe wildfire-zone rates vary; get a local broker quote for accuracy.
Down payment
20% ($119,000)
Home price
$595,000
Loan details
30-yr fixed, 6.5%
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