$1,349,000 Active
1380 Canterbury 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
·
2.5 Baths
·
2,025 Sq Ft
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About This Property

Creekside living meets mountain modern convenience in this beautifully updated Kingswood Estates home! Set on a private, sunny lot backing to a tranquil creek and HOA-owned open space, this 2,025 SF retreat blends elevated finishes with an unbeatable location, just steps to trails and minutes to Lake Tahoe and Northstar Resort. Inside, soaring vaulted ceilings and skylights flood the open-concept living space with natural light, framed by huge windows and warmed by a wood-burning fireplace with a stone hearth. The kitchen is outfitted with granite countertops and stainless steel appliances, flowing seamlessly into a dedicated dining area and out to the expansive back deck, sun-drenched with peek views of the lake. Outside on the lower level, you'll find a newer covered hot tub overlooking the creek and a fenced dog run for easy everyday living. The entry level offers two spacious bedrooms, a well-appointed full bath, and a versatile bonus room, plus an attached oversized two-car garage. Upstairs, the primary suite is a true escape, featuring a fully remodeled en-suite bathroom, a convenient half bath for guests, and its own peek views of Lake Tahoe. Fresh exterior paint and stain, along with a freshly sealed driveway, give the home crisp, move-in-ready curb appeal. Adventure is right outside your door, with USFS land at the end of the cul-de-sac opening up direct access to hiking, biking, and snowshoeing right from the house, no car required. Perfect as a full-time residence, a relaxing mountain retreat, or a savvy investment property. Whether you're chasing powder days at Northstar, sunny days on Lake Tahoe, or quiet mornings by the creek, 1380 Canterbury delivers it all.

Listed by David Abarta — Sierra Sotheby's Int - Rock

Listing Details

Status Active
MLS # 20261731
Days on Market 1
Price/Sq Ft $666

Property History

Aug 18, 2026
Listed for sale
$1,349,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Jan 2020 · county record $800,000 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.

Property Overview
Beds 3
Baths 2.5
Sq. Ft. 2,025
Lot Size 0.28 acres
Year Built 1993
Property Type Single Family Residence
Style Mountain
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 111170002000
Parking
Garage Spaces 2
Parking Features Two, Attached, Insulated
Attached Garage Yes
Exterior & Lot
Lot Features Greenbelt, Rental History
View Lake, Filtered, Trees/Woods, Mountain(s)
Construction Wood Siding
Roof Composition
Foundation Concrete Perimeter
Utilities & Systems
Heating Natural Gas, CFAH
Financial
HOA Fee $172 / Annually
📊

STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Yellow Zone
STRUCTURAL SCORE Premium
72
PROJECTED GROSS ANNUAL REVENUE
$69K – $94K typically ~$82,078
~$6,840 per month
Avg Nightly
$500
Occupancy
45%
Cap Rate
2.4%

STR Investment Summary — 1380 Canterbury Drive, Kings Beach

Est. Gross Annual Revenue
$69K – $94K
typically ~$82,078
Avg Nightly Rate
$500
Projected Occupancy
45.0%
Cap Rate
2.4%
Structural Score: 72 / 100 (Premium) · STR Zone: Yellow

Nightly rates and occupancy from Kings Beach market data (177 comparable 3-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

Over coverage limit
2,992 sq ft covered of 2,971 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
12,292 sq ft
Allowed Coverage
2,971 sq ft · 24%
Existing Coverage
2,992 sq ft · 24%
Addable Coverage
0 sq ft
IPES Score
837.0
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 ↗

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% ($269,800)
Home price
$1,349,000
Loan details
30-yr fixed, 6.5%
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