Sold $625,000 $629,000 Closed
1001 Commonwealth Drive #17
Kings Beach, CA 96143

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SOLD 2026-08-21
Sold for $625,000 (listed at $629,000)
📋 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.
2 Beds
·
2.0 Baths
·
1,356 Sq Ft
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It sold for $625,000 on 2026-08-21, and prices have moved since. Three boxes: leave your number and Murat calls you with what it would sell for today, priced from the latest closed sales nearby.

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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 Closed
MLS # 20261630
Sold Date 2026-08-21
Sold Price $625,000
Price/Sq Ft $464

Property History

Aug 04, 2026
Listed for sale
$629,000
Aug 10, 2026
Pending
$629,000
Aug 21, 2026
Sold
$625,000

Sale History · changed hands 3×

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
Aug 2026 · this listing $625,000 (-9%) David AbartaSierra Sotheby's Int - Rock Janie SharpCOMPASS

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. 1,356
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

STR Investment Summary — 1001 Commonwealth Drive #17, Kings Beach

Est. Gross Annual Revenue
$40K – $65K
typically ~$50,000
Avg Nightly Rate
$304
Projected Occupancy
45.0%
Cap Rate
3.2%
Structural Score: 53 / 100 (Standard) · 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

$2,000 – $2,400/yr
about $183/mo
Est. Rebuild Cost (Coverage A)
$406,800
FAIR Plan (fire)
$1,700/yr
DIC wrap (theft, water, liability)
$300 – $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
This home sold

It sold for $625,000 on 2026-08-21, so it can't be toured.

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