$1,000,875 Active
1420 Commonwealth Drive
Kings Beach, CA 96143

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✓ STR Allowed — Permit Required
Placer County STR permit required. Eastern Placer cap of 3,900 permits (not reached) — new permits available until cap is reached.
4 Beds
·
2.5 Baths
·
1,494 Sq Ft
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Our data on this home

About This Property

Discover this turnkey 4-bedroom, 2.5-bath mountain lodge home offering 1,494 square feet of living space in the desirable Kingswood Estates neighborhood of Kings Beach, California. Located less than two miles from Lake Tahoe and offering direct access to hiking and biking trails at the end of the neighborhood street, this beautifully furnished home combines classic Tahoe mountain architecture with modern comforts and year-round outdoor recreation. The upper level features an impressive great room with soaring vaulted ceilings, substantial exposed wood beams and posts, expansive windows, and a cozy gas fireplace. Recently upgraded living room furniture, a 65-inch Samsung Frame Smart TV, and a spacious deck with a Weber BBQ and outdoor furnishings create inviting spaces for gathering and entertaining. The updated kitchen features stainless steel appliances and opens to a generous dining area. A versatile fourth bedroom, currently used as a TV room, and a half bathroom complete the upper level. The lower level includes a primary bedroom suite with its own private deck, two additional bedrooms, a full bathroom, and a laundry area with washer and dryer. All bedrooms feature new mattresses. The property is offered turnkey with most furnishings included, making it an appealing option for a Lake Tahoe vacation home, second residence, or full-time mountain retreat. Modern conveniences include a Wi-Fi-enabled Honeywell thermostat with remote app control, a whole-house humidifier, and a Flo by Moen smart water monitoring and automatic shutoff system. Outdoor enthusiasts will appreciate direct neighborhood access to miles of hiking, mountain biking, trail running, cross-country skiing, and snowshoeing opportunities. Trails and forest roads near Griff Creek, Martis Peak, and Mt. Baldy connect to the surrounding Tahoe trail network, including access to the Tahoe Rim Trail. The neighborhood also offers quiet, low-traffic streets with county snowplowing and road maintenance. Conveniently located near Kings Beach, Brockway Golf Course, and Crystal Bay, the home is approximately 7 miles from Northstar California Resort, 9.5 miles from Diamond Peak, and 18 miles from Palisades Tahoe, providing access to skiing, snowboarding, lake activities, dining, and entertainment throughout the year. HOA dues are approximately $172 annually, with restrictions on street parking for boats and trailers. The property currently participates in a short-term rental program. Showings by appointment. Seller is Very Motivated.

Listed by Greg Rankin — Chase International - TC

Listing Details

Status Active
MLS # 20262130
Days on Market 3
Price/Sq Ft $670

Property History

Oct 16, 2026
Listed for sale
$1,000,875

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Dec 2010 · county record $450,000 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; rows marked via a listing site fill the years the feed misses using that site's public sale record.

Property Overview
Beds 4
Baths 2.5
Sq. Ft. 1,494
Lot Size 0.24 acres
Year Built 1969
Property Type Single Family Residence
Style Contemporary
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 111280018000
Parking
Garage Spaces 1
Parking Features One, Attached, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Lot Features Street, Rental History
View Lake, Peek, Filtered
Construction Frame, Log
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
66
PROJECTED GROSS ANNUAL REVENUE
$55K – $100K typically ~$80,000
~$6,667 per month
Avg Nightly
$487
Occupancy
45%
Cap Rate
3.2%

STR Investment Summary — 1420 Commonwealth Drive, Kings Beach

Est. Gross Annual Revenue
$55K – $100K
typically ~$80,000
Avg Nightly Rate
$487
Projected Occupancy
45.0%
Cap Rate
3.2%
Structural Score: 66 / 100 (Premium) · STR Zone: Yellow

Nightly rates and occupancy from Kings Beach market data (60 comparable 4-bedroom rentals, 2026-10); 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
2,698 sq ft covered of 831 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
10,682 sq ft
Allowed Coverage
831 sq ft · 8%
Existing Coverage
2,698 sq ft · 25%
Addable Coverage
0 sq ft

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

Home Insurance Estimate

California FAIR Plan fire policy + a DIC wrap policy, the usual Tahoe setup

$3,200 – $3,800/yr
about $292/mo
Est. Rebuild Cost (Coverage A)
$627,480
FAIR Plan (fire)
$2,700/yr
DIC wrap (theft, water, liability)
$500 – $1,100/yr

Estimate from this ZIP's California FAIR Plan rates (Plan data as of 6/30/2026, with the 29.1% increase effective 10/15/2026) on an estimated rebuild cost, plus a DIC policy at 20–40% of the FAIR premium. Not a bindable quote; a local broker quote depends on the home's age, roof, defensible space and claims history.

See it in the monthly payment Tahoe wildfire insurance costs

Building Permit History

Placer County permit records for this parcel

Building-Non-SFD · 2004-10-28
DONE
Furnace & thermostat
Permit #TSUP 118524.04
Building/Residential/Full Review/NA
DONE
Permit #TCON 58147
Building/Residential/Full Review/NA
DONE
Permit #TCON 2838
Building/Residential/Full Review/NA
DONE
Permit #TCON R112253
Building/Residential/Full Review/NA
DONE
Permit #TCON B99893

Public permit records from the Placer County permit portal, last checked 2026-10-08. Open permits should be finaled or closed before close of escrow; verify current permit status directly with the county.

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

$6,256 per month
Principal & interest
$5,061/mo
Property taxes
$889/mo
1.0659% of the price, Placer County's 2025-26 rate, plus direct charges: California re-assesses a home at its sale price.
HOA dues
$14/mo
From MLS listing data.
Home insurance
$292/mo
CA FAIR Plan + DIC estimate, ~$3,200–$3,800/yr — wildfire-zone rates vary; not a bindable quote.
Down payment
20% ($200,175)
Home price
$1,000,875
Loan details
30-yr fixed, 6.5%
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