$499,000 Pending
1001 Commonwealth Drive #180
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.
1 Beds
·
1.0 Baths
·
979 Sq Ft

Our data on this home

About This Property

Welcome to your beautifully decorated, quiet condo in Kingswood West Village! Centrally located, unit #180 features a spacious, bright, and open floor plan with high ceilings. This charming tri-level condo offers a functional layout with the primary bedroom and bathroom on the first level, the kitchen, dining, and living areas on the second level, and a loft on the third level. Enjoy the warmth of a wood-burning fireplace in the winter or relax on the deck off the living room while taking in the fresh mountain air. This condo is perfect for year-round enjoyment, offering convenient access to Highway 267 for quick trips to local restaurants, shops, Lake Tahoe, and premier ski areas, including Northstar, Diamond Peak, Palisades, and Alpine. Come enjoy the end of summer in Tahoe and get your skis ready for winter!

Listed by Joanna Vasquez — Redfin Corporation

Listing Details

Status Pending
MLS # 20261893
Days on Market 48
Price/Sq Ft $510

Property History

Sep 04, 2026
Listed for sale
$499,000
Sep 18, 2026
Pending
$499,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Oct 2023 $495,000 Kristina MattsonChase International - TC Amy LevyColdwell 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; rows marked via a listing site fill the years the feed misses using that site's public sale record.

Property Overview
Beds 1
Baths 1.0
Sq. Ft. 979
Year Built 1974
Property Type Residential
Style Other
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 111260022000
Parking
Parking Features None, Other
Exterior & Lot
Lot Features Street, Rental History
View Trees/Woods, Mountain(s)
Construction Frame
Roof Flat
Foundation Concrete Perimeter
Utilities & Systems
Heating Natural Gas
Financial
HOA Fee $795 / Monthly
HOA & Community
Community Amenities Pool, Tennis Court(s), Exercise Equipment
📊

STR Investment Analysis

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

STR Investment Analysis

Yellow Zone
STRUCTURAL SCORE Standard
53
PROJECTED GROSS ANNUAL REVENUE
$40K – $60K typically ~$50,000
~$4,167 per month
Avg Nightly
$304
Occupancy
45%
Cap Rate
4.1%

STR Investment Summary — 1001 Commonwealth Drive #180, Kings Beach

Est. Gross Annual Revenue
$40K – $60K
typically ~$50,000
Avg Nightly Rate
$304
Projected Occupancy
45.0%
Cap Rate
4.1%
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

$1,400 – $1,700/yr
about $129/mo
Est. Rebuild Cost (Coverage A)
$293,700
FAIR Plan (fire)
$1,200/yr
DIC wrap (theft, water, liability)
$200 – $500/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

$3,890 per month
Principal & interest
$2,523/mo
Property taxes
$443/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
$795/mo
From MLS listing data.
Home insurance
$129/mo
CA FAIR Plan + DIC estimate, ~$1,400–$1,700/yr — wildfire-zone rates vary; not a bindable quote.
Down payment
20% ($99,800)
Home price
$499,000
Loan details
30-yr fixed, 6.5%
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