$775,000 Active
1001 Commonwealth Drive #171
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.
3 Beds
·
2.0 Baths
·
1,422 Sq Ft

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 Active
MLS # 20261374
Days on Market 2
Price/Sq Ft $545

Property History

Jul 03, 2026
Listed for sale
$775,000
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
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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 #171, Kings Beach

Est. Annual Revenue
$41,120
Avg Nightly Rate
$219
Projected Occupancy
51.6%
Cap Rate
2.1%
Structural Score: 54 / 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% ($155,000)
Home price
$775,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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