$419,000 Active
1001 Commonwealth Drive #189
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.
1 Beds
·
1.5 Baths
·
979 Sq Ft

Our data on this home

About This Property

Enjoy the tranquility and central convenience of this inviting Kingswood Village end-unit condo, ideally situated to embrace the North Lake Tahoe lifestyle. Offering one bedroom plus loft, and one and a half bathrooms across three thoughtfully designed levels, this mountain retreat enjoys peaceful greenbelt views while placing shops, restaurants, beaches, golf, and year-round recreation within easy reach, with Northstar Ski Resort just a short drive away. The entry level features a comfortable bedroom, full bathroom, and convenient in-unit laundry. Upstairs, the main living level opens into a bright and welcoming gathering space highlighted by a lofted ceiling and an open layout connecting the living room, kitchen, and dining area with serene greenbelt view. The top level offers a spacious open loft overlooking the living area, complemented by its own half bathroom and another peaceful greenbelt view. This flexible space is ideal for accommodating guests, creating a home office, or providing an additional lounge or sleeping area. Kingswood Village further enhances the Tahoe experience with an impressive collection of HOA amenities, including a swimming pool and spa, two tennis courts, two pickleball courts, and a bocce ball court. Whether envisioned as a full-time residence or mountain getaway, this well-positioned end unit combines a versatile floor plan, desirable community amenities, and convenient access to the best of Kings Beach and North Lake Tahoe.

Listed by Sam Holmes — Coldwell Banker Select Real Es

Listing Details

Status Active
MLS # 20261991
Days on Market 46
Price/Sq Ft $428

Property History

Sep 19, 2026
Listed for sale
$419,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Nov 2008 · county record $300,000 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 1
Baths 1.5
Sq. Ft. 979
Year Built 1974
Property Type Residential
Style Other
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 111260013000
Parking
Parking Features None
Exterior & Lot
Lot Features Greenbelt, Tennis Court
View Trees/Woods
Construction Frame, Wood Siding
Roof Composition
Foundation Concrete Perimeter
Utilities & Systems
Heating Natural Gas
Financial
HOA Fee $796 / Monthly
HOA & Community
Community Amenities Pool, Tennis Court(s)
📊

STR Investment Analysis

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

STR Investment Analysis

Yellow Zone
STRUCTURAL SCORE Standard
50
PROJECTED GROSS ANNUAL REVENUE
$35K – $50K typically ~$40,000
~$3,333 per month
Avg Nightly
$244
Occupancy
45%
Cap Rate
3.8%

STR Investment Summary — 1001 Commonwealth Drive #189, Kings Beach

Est. Gross Annual Revenue
$35K – $50K
typically ~$40,000
Avg Nightly Rate
$244
Projected Occupancy
45.0%
Cap Rate
3.8%
Structural Score: 50 / 100 (Standard) · STR Zone: Yellow

Nightly rates and occupancy from Kings Beach market data (118 comparable 2-bedroom rentals, 2026-11); 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

$3,416 per month
Principal & interest
$2,119/mo
Property taxes
$372/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
$129/mo
CA FAIR Plan + DIC estimate, ~$1,400–$1,700/yr — wildfire-zone rates vary; not a bindable quote.
Down payment
20% ($83,800)
Home price
$419,000
Loan details
30-yr fixed, 6.5%
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