$1,345,000 Active
1020 Cambridge Drive
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.
4 Beds
·
2.5 Baths
·
2,008 Sq Ft
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About This Property

This beautiful 4-bedroom, 2.5-bath home has been completely remodeled and is located in the desirable Kingswood Estates. You will enjoy this incredible location just moments from Kings Beach public beaches, boat launch, with easy access to local restaurants, shopping, and world-class skiing at Northstar, Diamond Peak, Mount Rose, Alpine Meadows, and Palisades. The home is surrounded by endless trails perfect for hiking and biking. The property is part of a quiet HOA with low annual dues of $150 a year, which covers road maintenance and snow removal. Don't miss this opportunity to enjoy Tahoe for the remainder of the summer and prepare for the upcoming ski season.

Listed by Joanna Vasquez — Redfin Corporation

Listing Details

Status Active
MLS # 20261513
Price/Sq Ft $670

Property History

Jul 21, 2026
Listed for sale
$1,345,000
Property Overview
Beds 4
Baths 2.5
Sq. Ft. 2,008
Lot Size 0.35 acres
Year Built 1978
Property Type Single Family Residence
Style Contemporary
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 11117001600
Parking
Parking Features None
Exterior & Lot
Lot Features Street, Rental History
View Trees/Woods
Construction Frame
Roof Composition
Foundation Concrete Perimeter
Utilities & Systems
Heating Natural Gas
Financial
HOA Fee $150 / Annually
HOA & Community
Community Amenities 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 — 1020 Cambridge Drive, Kings Beach

Est. Annual Revenue
$56,530
Avg Nightly Rate
$312
Projected Occupancy
49.5%
Cap Rate
1.7%
Structural Score: 54 / 100 (Standard) · STR Zone: Yellow

Based on comparable vacation rental performance data for Kings Beach. Revenue projections are estimates and may vary.

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Room to build
2,079 sq ft covered of 4,596 sq ft allowed
2,517 sq ft of coverage still available to add.
Parcel Size
15,320 sq ft
Allowed Coverage
4,596 sq ft · 30%
Existing Coverage
2,079 sq ft · 14%
Addable Coverage
2,517 sq ft

TRPA caps how much of each Tahoe Basin parcel can be covered by impervious surfaces — buildings, driveways, decks. Figures come from TRPA's public parcel data and are estimates; verify before relying on them for a build or purchase.

Verify on Tahoe Info ↗

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% ($269,000)
Home price
$1,345,000
Loan details
30-yr fixed, 6.5%
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