$1,322,000 Active
1315 Commonwealth 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.
3 Beds
·
2.0 Baths
·
2,320 Sq Ft
Virtual Tour

About This Property

Beautifully renovated and thoughtfully designed, this Kings Beach retreat combines modern comfort with classic Tahoe charm. The home features a large, light-filled upstairs great room that’s perfect for entertaining and gathering after a day of adventure, with ample space for a generous seating area and dining. With a 2-car garage providing coveted year-round parking and storage for skis, boards, bikes, and beach gear, the property functions seamlessly as both a personal getaway and a guest-friendly vacation home. In summer, the location truly shines with easy access to Kings Beach and the beautiful Lake Tahoe shoreline, where you can enjoy sandy beaches, boating, paddle boarding, and a full range of lake activities. Popular restaurants, coffee shops, and local shopping are just minutes away, while nearby biking and hiking trails offer endless options for exploring the North Lake Tahoe landscape, from mellow family rides to more adventurous singletrack. Winter days are equally appealing with convenient skiing at Northstar and quick access to the lively Northstar Village for dining, après-ski, and events. Paired with a strong short-term rental history and proximity to Crystal Bay and the exciting Cal Neva renovation, this beautifully updated home stands out as a turnkey investment and lifestyle opportunity in North Lake Tahoe.

Listed by Stefanie Scapini — eXp Realty of California, Inc

Listing Details

Status Active
MLS # 20260785
Days on Market 1
Price/Sq Ft $570

Property History

May 11, 2026
Listed for sale
$1,322,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 2,320
Stories 2
Property Type Single Family Residence
Style Mountain
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 111-160-027
Parking
Parking Features Two
Exterior & Lot
Exterior Features High Ceilings
Lot Features Level
View Wooded
Construction Framed,Wooded
Roof Composition
Foundation Perim Concrete
Utilities & Systems
Heating Natural Gas,CFAH
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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 — 1315 Commonwealth Drive, Kings Beach

Est. Annual Revenue
$61,539
Avg Nightly Rate
$429
Projected Occupancy
39.7%
Cap Rate
1.9%
Structural Score: 69 / 100 (Premium) · STR Zone: Yellow

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

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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($264,400)
Home price
$1,322,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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