$425,000 Active
1001 Commonwealth Drive #91
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.
1 Beds
·
1.0 Baths
·
979 Sq Ft
Virtual Tour

About This Property

Beautifully remodeled end-unit, PRICED TO SELL THIS WEEKEND! This turnkey, fully furnished townhome features newer engineered hardwood flooring throughout, with stylish porcelain tile in the entryway and bathroom. Warm custom knotty pine accent walls, butcher block kitchen countertops, and plantation shutters create the perfect blend of mountain charm and modern comfort. Enjoy resort-style living with exceptional community amenities, including a swimming pool, tennis and pickleball courts, and bocce ball. Additional boat and RV parking makes this an ideal property for outdoor enthusiasts. With nearby hiking trails and easy access to Lake Tahoe's year-round recreation, this home is the perfect mountain retreat. Don't miss what may be one of the best values on the North Shore!

Listed by John Eppolito — Coldwell Banker Select Real Es

Listing Details

Status Active
MLS # 20261345
Price/Sq Ft $434

Property History

Jul 02, 2026
Listed for sale
$425,000
Property Overview
Beds 1
Baths 1.0
Sq. Ft. 979
Year Built 1972
Property Type Residential
Style Mountain
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 111220026
Parking
Parking Features None, Other
Exterior & Lot
Lot Features Condo/PUD Project
View Trees/Woods
Construction Frame
Roof Composition
Utilities & Systems
Heating Natural Gas, CFAH
Financial
HOA Fee $796 / Monthly
HOA & Community
Community Amenities Pool, Tennis Court(s), Other/See Remarks
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STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Excellent
87
PROJECTED ANNUAL REVENUE
$142,500 ($118K – $167K range)
~$11,875 per month
Avg Nightly
$485
Occupancy
68%
Cap Rate
5.2%

STR Investment Summary — 1001 Commonwealth Drive #91, Kings Beach

Est. Annual Revenue
$31,565
Avg Nightly Rate
$201
Projected Occupancy
41.6%
Cap Rate
3.0%
Structural Score: 51 / 100 (Standard) · STR Zone: Yellow

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% ($85,000)
Home price
$425,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC
(530) 317-0373

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