$575,000 $595,000 ↓ $20,000 reduced Active
1001 Commonwealth Drive #86
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.
2 Beds
·
2.0 Baths
·
1,422 Sq Ft
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Our data on this home

About This Property

Beautifully remodeled 2-bedroom + loft, 2-bath townhome in Kings Beach's Kingswood Village, just minutes from Lake Tahoe's shoreline, downtown Kings Beach, and Northstar California Resort. This 1,422 sq ft home is move-in ready and perfectly timed for fall, with two private decks for indoor-outdoor living and a spacious loft overlooking the great room. The interior has been extensively updated: refreshed kitchen with soft-close cabinetry and quiet stainless steel appliances, remodeled bathrooms, new luxury vinyl plank flooring, newer carpet and washer/dryer, fresh paint, and solid pine doors throughout. The lower level offers two bedrooms, a full bath, and laundry, including a private primary suite deck. Upstairs, the main living area opens to a second deck, with a flexible alcove for dining, office, or storage nearby, and a loft ideal for extra sleeping space, media, or reading. Set back from the road and backed by Cambridge Street for added privacy, the home is just a stone's throw to Lake Tahoe's pristine beaches, Brockway Golf Course, hiking/biking trails, and year-round outdoor recreation. Kingswood Village HOA amenities include a pool, spa, fitness center, tennis, pickleball, basketball, and bocce. From lake days to powder days, this one delivers Tahoe living at its best, year-round!

Listed by David Abarta — Sierra Sotheby's Int - Rock

Listing Details

Status Active
MLS # 20261477
Days on Market 98
Price/Sq Ft $404

Property History

Jul 16, 2026
Listed for sale
$595,000
Sep 03, 2026
Price reduced
$575,000 $595,000 ↓ $20,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Mar 2021 · county record $503,000 Deed record — brokerage sides not reported

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 2
Baths 2.0
Sq. Ft. 1,422
Year Built 1972
Property Type Residential
Style Mountain
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 111220021000
Parking
Parking Features None, Oversized, Parking Pad
Exterior & Lot
Lot Features Condo/PUD Project
View Trees/Woods
Construction Frame
Roof Composition
Foundation Concrete Perimeter
Utilities & Systems
Heating Natural Gas, CFAH
Financial
HOA Fee $796 / Monthly
HOA & Community
Community Amenities Pool, Tennis Court(s), Exercise Equipment, Other/See Remarks
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STR Investment Analysis

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

STR Investment Analysis

Yellow Zone
STRUCTURAL SCORE Premium
57
PROJECTED GROSS ANNUAL REVENUE
$45K – $65K typically ~$55,000
~$4,583 per month
Avg Nightly
$335
Occupancy
45%
Cap Rate
3.8%

STR Investment Summary — 1001 Commonwealth Drive #86, Kings Beach

Est. Gross Annual Revenue
$45K – $65K
typically ~$55,000
Avg Nightly Rate
$335
Projected Occupancy
45.0%
Cap Rate
3.8%
Structural Score: 57 / 100 (Premium) · 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

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

$4,411 per month
Principal & interest
$2,908/mo
Property taxes
$511/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
$796/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% ($115,000)
Home price
$575,000
Loan details
30-yr fixed, 6.5%
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