$1,150,000 Active
1420 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.
4 Beds
·
2.5 Baths
·
1,494 Sq Ft
Virtual Tour

About This Property

This charming and elegantly rustic Mountain Lodge home is the perfect year-round getaway for families and friends seeking the best of Lake Tahoe’s outdoor adventures. Whether it’s skiing, hiking, boating, or simply relaxing on the deck in the fresh mountain air, this stylish Tahoe home offers everything you need for an unforgettable escape. The top floor is the living area with a large great room with an amazing very high vaulted ceiling supported by large wood posts and huge wood beams. The walls have large windows that provide lots of light. Warm up by the gas fireplace after a day in the snow or savor a sunset meal outdoors with a Weber BBQ on the spacious deck, outfitted with stylish patio furniture. The home is being sold turnkey with most all recently upgraded brand-new living room furniture and stylish new dining chairs. Enjoy the 65" Samsung Frame Smart TV in the living area. In the back of the living area is the modern updated kitchen with stainless steel appliances, a spacious dining area, a half bathroom and a bedroom /TV Room. Relax with top-notch amenities including WiFplus Blu-ray, DVD, and VCR players, and flatscreen cable TVs in 3 rooms. Honeywell wifi Remote Phone App furnace Thermostat via RedlinkFlo By Moen wifi phone app Auto shut off and water monitoring. Honeywell Whole House Humidifier via thermostat / phone app The lower floor has a primary suite with its own private deck. There are two other bedrooms and another full bathroom. All of the bedrooms have new, comfortable mattresses in each. In the hall is the laundry area with both washer and dryer. Whether you’re hitting the slopes in winter or enjoying the lake in summer, this cozy retreat is ideally located for easy access to all the area’s top attractions. You’ll be just under two miles from the beautiful shores of Lake Tahoe and close to popular ski resorts like North Star (7 miles), Homewood Mountain Resort (17 miles), Alpine Meadows and Palisades Tahoe (formerly Squaw Valley – 18 miles), and Diamond Peak (9.5 miles). Looking for a night out? Crystal Bay and its exciting casino nightlife and concerts is just 3 miles away, and golfers will love being only a mile from Brockway Golf Club. Quiet no through roads; county plowing and maintenance. HOA $172.00/ year No trailer or boat parking on street. Miles of roads and trails at both ends of street including ATV trails to Kings Beach, access to Tahoe Rim Trail, fire roads and trails below Martis Peak and Mt Baldy. For example: https://www.trailforks.com/trails/griff-creek-trail-east/ Hike, bike, run, xc ski, snowshoe from the house

Listed by Greg Rankin — Chase International - TC

Listing Details

Status Active
MLS # 20261024
Price/Sq Ft $770

Property History

May 29, 2026
Listed for sale
$1,150,000
Property Overview
Beds 4
Baths 2.5
Sq. Ft. 1,494
Lot Size 0.24 acres
Stories 3
Year Built 1969
Property Type Single Family Residence
Style Contemporary
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 111-280-018-000
Parking
Parking Features One
Exterior & Lot
Exterior Features High Ceilings,Cable TV,Rental History
Lot Features Upslope
View Lake,Peek,Filtered
Construction Framed,Log
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 — 1420 Commonwealth Drive, Kings Beach

Est. Annual Revenue
$46,269
Avg Nightly Rate
$467
Projected Occupancy
29.3%
Cap Rate
1.6%
Structural Score: 58 / 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
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% ($230,000)
Home price
$1,150,000
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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