$629,000 Active
1001 Commonwealth Drive #17
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
·
1,356 Sq Ft
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About This Property

Welcome to one of the most extraordinary units in the Kingswood complex, thoughtfully designed to combine modern luxury with mountain charm. Every detail of this home has been curated with designer finishes, creating a truly sophisticated and inviting atmosphere. The fully updated bathrooms shine with custom tile showers, soapstone and granite countertops, and elegant lighting, exuding a spa-like ambiance. A standout feature is the enclosed loft area—unlike any other in the community—offering a third treetop bedroom with a versatile Murphy bed and custom California Closets. This innovative design transforms the townhome into a spacious and functional 3-bedroom retreat. No expense was spared in the updates, which include smart appliances, a wine fridge, remote-controlled lighting and blinds, and modernized essentials like a newer furnace, water heater, and washer/dryer. Throughout the home, you’ll find hardwood oak flooring, whitewashed beams, and striking shadow-black California Closets. Culinary enthusiasts will be delighted by the one-of-a-kind chef's walk-in pantry—a rare find in properties of this size. Perfectly positioned just a mile from the crystal-clear waters of Lake Tahoe and five minutes from Northstar’s world-class skiing, this home is an outdoor enthusiast’s dream. Its proximity to scenic hiking and biking trails further enhances its year-round appeal. Perfectly positioned just a mile from Lake Tahoe and five minutes from Northstar's world-class skiing, with easy access to nearby hiking and biking trails, this fully furnished, turnkey home is ready to enjoy as a personal mountain retreat or share as an income-producing second home. Schedule your showing today to discover the beauty, luxury, and potential of this exceptional Kingswood Village townhome!

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

Listing Details

Status Active
MLS # 20261630
Days on Market 2
Price/Sq Ft $464

Property History

Aug 04, 2026
Listed for sale
$629,000

Sale History · changed hands 2×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Dec 2023 $650,000 Ryan StokesCOMPASS David AbartaColdwell Banker Realty
Jan 2025 $685,000 (+5%) David AbartaColdwell Banker Realty Christina SoloskiColdwell Banker Realty

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.

Property Overview
Beds 2
Baths 2.0
Sq. Ft. 1,356
Year Built 1970
Property Type Residential
Style Mountain
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 111200017
Parking
Parking Features None
Exterior & Lot
Lot Features Street, Rental History, Tennis Court
View Trees/Woods
Construction Frame, Wood Siding
Roof Composition
Foundation Concrete Perimeter
Pool & Spa
Pool Swimming Pool
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

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 #17, Kings Beach

Est. Annual Revenue
$39,114
Avg Nightly Rate
$203
Projected Occupancy
53.0%
Cap Rate
2.5%
Structural Score: 53 / 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% ($125,800)
Home price
$629,000
Loan details
30-yr fixed, 6.5%
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