$1,549,000 Closed
1120 Canterbury Drive
Kings Beach, CA 96143
SOLD 2025-12-22
Sold for $1,370,000 (listed at $1,549,000)
📋 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.
4 Beds
·
3.0 Baths
·
2,818 Sq Ft
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About This Property

Welcome to your turnkey mountain retreat with close access to Lake Tahoe, Kings Beach and world class skiing. Nestled in a forested setting, this 4-bedroom, 3-bathroom, fully furnished mountain home boasts expansive space & comfort in an open floor plan and is well maintained. Natural light floods the space through picturesque windows, inviting you to unwind and entertain in style. Step inside to discover a well laid out floorplan throughout, from the soaring ceilings in the great room, to the open kitchen and large dining space. Enjoy the convenience of one bedroom upstairs and three bedrooms downstairs and two private balconies overlooking the forest below. The attached garage provides direct access and storage for your mountain bikes, snow and lake toys. While secluded from the hustle of town, this location offers easy access to nearby public trails, a short 3-minute drive to Lake Tahoe, and close proximity to skiing @ Northstar and Incline Village’s Diamond Peak. And after a long hike, bike ride or snow sports, enjoy the outdoor covered hot tub. Don't miss out on the opportunity to make this mountain getaway your own. Sellers have also used home as a short-term rental in between stays, so opportunity to generate rental income as an investment property, in addition to personal use if so desired.

Listed by Bernie Atkinson — Berkshire Hathaway HomeService

Listing Details

Status Closed
MLS # 20252123
Sold Date 2025-12-22
Sold Price $1,370,000
Price/Sq Ft $550

Property History

Sep 11, 2025
Listed for sale
$1,599,000
Current
Sold
$1,370,000
Property Overview
Beds 4
Baths 3.0
Sq. Ft. 2,818
Lot Size 0.32 acres
Year Built 1996
Property Type Single Family Residence
Style Mountain
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 111140025000
Parking
Garage Spaces 2
Parking Features Two, Attached, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Lot Features Street, Rental History
View Trees/Woods
Construction Frame
Roof Composition
Foundation Concrete Perimeter
Utilities & Systems
Heating Natural Gas, CFAH
Financial
HOA Fee $150 / Annually

STR Investment Summary — 1120 Canterbury Drive, Kings Beach

Est. Gross Annual Revenue
$80K – $120K
typically ~$100,000
Avg Nightly Rate
$609
Projected Occupancy
45.0%
Cap Rate
2.6%
Structural Score: 71 / 100 (Premium) · STR Zone: Yellow

Nightly rates and occupancy from Kings Beach market data (60 comparable 4-bedroom rentals, 2026-08); 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.

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Room to build
2,836 sq ft covered of 3,493 sq ft allowed
657 sq ft of coverage still available to add.
Parcel Size
13,972 sq ft
Allowed Coverage
3,493 sq ft · 25%
Existing Coverage
2,836 sq ft · 20%
Addable Coverage
657 sq ft
IPES Score
804.0
Land Capability · TRPA-verified
IPES

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 compares
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