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About This Property
Family and friends will enjoy this amazing Kings Beach home and Lake Tahoe which is located just one mile down the road and Northstar, a world class ski resort, which is located just a short five-mile drive. Both Palisades Tahoe and Heavenly Valley Ski Resorts are also just a 45-minute drive. The town of Kings Beach offers many excellent restaurants, shops, beaches, with convenient access to many year-round recreational activities while keeping its small-town ambiance. It is truly a beautiful area. The home features a large great room, spacious master bedroom with a jacuzzi tub, three downstairs bedrooms, two and half bathrooms, and a desirable 2 car garage. Walk out the back door into the Martis Peak Forest where an abundance of trails awaits you for hiking and mountain biking. Walk or bike to North Tahoe Regional Park for a game of pickleball, tennis and disc golf. Challenge you and your children to the ropes course. The home is registered and occasionally rented out on Airbnb; only when not being used by the owners. It is worth mentioning that the home has a 4.97-star rating based on 32 reviews since 2024. The ongoing use of the home as an Airbnb is not written in stone as the current owner is very interested in canceling the use of the home as an Airbnb. Currently, the money generated from the Airbnb is used to pay bills (ex. utilities, property tax, and other expenses). The house was rented out 21 times in 2025 and generated $23,407 in revenue. The house is listed on AIRBNB as the “Tahoe Bear House”. This 1/2 share interest provides a rare opportunity to own an upscale home in an upscale neighborhood while enjoying Lake Tahoe living at an affordable cost while also realizing the financial benefits of house appreciation that is well documented in Lake Tahoe. The current owner is a very responsible individual who takes great pride in the upkeep of the home and the landscape of the property and is very conscientious of financial matters. The ownership and usage of the house is split evenly, and a contract will be prepared that addresses each owner’s expectations, wants, and needs of the property. The current arraignment for the owner’s use of the property is two weeks out of each month, and cohabitation is up for discussion.
Listing Details
Property History
Sale History · changed hands 1×
| Sold | Price | Listing agent (sell side) | Buyer agent (buy side) |
|---|---|---|---|
| Jul 2024 | $1,175,000 | Kirk HawkyardCompass | Christy MorrisonHome and Slate Real Estate |
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.
STR Investment Analysis
STR analysisLand Coverage (TRPA)
Tahoe Regional Planning Agency impervious-coverage budget for this parcel
TRPA caps how much of each Tahoe Basin parcel can be covered by impervious surfaces — buildings, driveways, decks. Estimated coverage — data: TRPA GIS / Tahoe Open Data. The only authoritative determination of coverage and land capability is a Land Capability Verification through TRPA; actual allowable coverage can differ due to verifications, transfers, banked coverage, or deed restrictions.
TRPA parcel fact sheet ↗ How the Basin comparesCost Segregation Tax Savings
Estimated first-year bonus depreciation savings
