$775,000
1001 Commonwealth Drive #171
Kings Beach, CA 96143

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✓ STR Allowed — Permit Required
Placer County STR permit required. Eastern Placer cap of 3,900 permits (not reached) — new permits available until cap is reached.
📋 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
·
1,422 Sq Ft

Our data on this home

About This Property

Creekside Tahoe Retreat | Turn-Key Mountain Living in Kings Beach Some Tahoe homes check the boxes. This one makes you want to stay. Tucked alongside a peaceful year-round creek and surrounded by towering pines, this beautifully remodeled end-unit townhome is the kind of place where mornings begin with coffee on the deck and the sound of rushing water, and evenings end beneath a canopy of stars. Inside, every detail has been thoughtfully updated. The kitchen and bathrooms feature custom cabinetry, granite slab countertops, and luxurious heated travertine floors, while vaulted pine ceilings bring warmth and authentic mountain character throughout. Fresh carpet, six-panel doors, updated trim, dual sliding glass doors, a gas stove, and a custom front entry make this home completely move-in ready. With 3 bedrooms plus a spacious loft, there's room for family, friends, or a dedicated work-from-Tahoe setup. Two covered decks overlook the forest and creek, creating your own private escape just minutes from Lake Tahoe. The community offers resort-style amenities including a swimming pool, tennis and pickleball courts, bocce ball, fitness center, and convenient extra parking for your boat or RV. You're also just steps from some of North Tahoe's best hiking and biking trails, and only minutes to Kings Beach, world-class skiing, dining, and year-round adventure. Whether you're looking for a full-time residence, the perfect mountain getaway, or an investment opportunity, this property checks every box. Eligible buyers may also pursue a Placer County short-term rental permit, subject to current county regulations and availability. Tahoe isn't just a destination—it's a lifestyle. And this is your chance to own it.

Listed by Kaili Sanchez — COMPASS

Listing Details

Status Withdrawn
MLS # 20261374
Days on Market 112
Price/Sq Ft $545

Property History

Jul 03, 2026
Listed for sale
$775,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Sep 2023 $735,000 John EppolitoColdwell Banker Select Real Es Kaili SanchezCOMPASS

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.

Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,422
Year Built 1973
Property Type Residential
Style Mountain
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 111240003000
Parking
Parking Features None, Other
Exterior & Lot
Lot Features Landscaped, Rental History, Tennis Court
View Trees/Woods, Water
Construction Wood Siding
Roof Metal
Foundation Concrete Perimeter
Pool & Spa
Pool Swimming Pool
Financial
HOA Fee $664 / Monthly
HOA & Community
Community Amenities Pool, Tennis Court(s), Other/See Remarks
📊

STR Investment Analysis

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

STR Investment Analysis

Yellow Zone
STRUCTURAL SCORE Standard
54
PROJECTED GROSS ANNUAL REVENUE
$40K – $70K typically ~$55,000
~$4,583 per month
Avg Nightly
$335
Occupancy
45%
Cap Rate
2.9%

STR Investment Summary — 1001 Commonwealth Drive #171, Kings Beach

Est. Gross Annual Revenue
$40K – $70K
typically ~$55,000
Avg Nightly Rate
$335
Projected Occupancy
45.0%
Cap Rate
2.9%
Structural Score: 54 / 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

$2,200 – $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

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

$5,467 per month
Principal & interest
$3,919/mo
Property taxes
$688/mo
1.0659% of the price, Placer County's 2025-26 rate, plus direct charges: California re-assesses a home at its sale price.
HOA dues
$664/mo
From MLS listing data.
Home insurance
$196/mo
CA FAIR Plan + DIC estimate, ~$2,200–$2,500/yr — wildfire-zone rates vary; not a bindable quote.
Down payment
20% ($155,000)
Home price
$775,000
Loan details
30-yr fixed, 6.5%
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