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.
Listing Details
Property History
Sale History · changed hands 1×
| Sold | Price | Listing agent (sell side) | Buyer agent (buy side) |
|---|---|---|---|
| Oct 2016 · county record | $459,000 | 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.
STR Investment Analysis
Permitted ZoneSTR Investment Summary — 1315 Commonwealth Drive, Kings Beach
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
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 ↗Cost Segregation Tax Savings
Estimated first-year bonus depreciation savings
