$325,000 Active
217 Chipmunk Street
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.
1 Beds
·
1.0 Baths
·
600 Sq Ft

Our data on this home

About This Property

This is your chance to own your own Lake Tahoe get away just a short walk to the water. Located in the heart of Kings Beach, you get the best of both worlds, access to natures playground plus nearby shopping for those items you forgot to bring with you. Take a quick stroll for coffee and iconic food venues. Everything you need is close by. Zoned as Commercial/Office /Residential (mixed use). This get a way could double as an income producing Air BNB, Seasonal Rental or even a live / work with no commute. You are buying the land plus 4 walls with electrical, water and sewer already installed. This is not a project for the faint of heart. You should have a background in construction or a high tolerance for pain and suffering with a large checkbook to go with it. However the Reward at the end of the day will be an accomplishment that changes you family for generations of spending time together with the ones you love or spending the money you will make after this investment. Seller Financing may be possible.

Listed by Barry Mathis — eXp Realty of California, Inc

Listing Details

Status Active
MLS # 20261081
Days on Market 149
Price/Sq Ft $542

Property History

Jun 05, 2026
Listed for sale
$325,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
May 2003 · county record $75,000 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 1
Baths 1.0
Sq. Ft. 600
Lot Size 0.04 acres
Year Built 1936
Property Type Single Family Residence
Style Old Tahoe
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 090192054000
Parking
Parking Features None
Exterior & Lot
Lot Features Street
📊

STR Investment Analysis

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

STR Investment Analysis

Yellow Zone
STRUCTURAL SCORE Standard
40
PROJECTED GROSS ANNUAL REVENUE
$15K – $30K typically ~$25,000
~$2,083 per month
Avg Nightly
$152
Occupancy
45%
Cap Rate
3.1%

STR Investment Summary — 217 Chipmunk Street, Kings Beach

Est. Gross Annual Revenue
$15K – $30K
typically ~$25,000
Avg Nightly Rate
$152
Projected Occupancy
45.0%
Cap Rate
3.1%
Structural Score: 40 / 100 (Standard) · STR Zone: Yellow

Nightly rates and occupancy from Kings Beach market data (118 comparable 2-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

Estimated above allowance
1,329 sq ft covered of 477 sq ft allowed
TRPA's map estimates show more existing coverage than the estimated allowance. Both are estimates, not a ruling: a Land Capability Verification sets the real allowance, and coverage built before TRPA's rules is often legally existing.
Parcel Size
1,906 sq ft
Allowed Coverage · est.
477 sq ft · 25%
Existing Coverage · est.
1,329 sq ft · 70%
Addable Coverage
0 sq ft

TRPA caps how much of each Tahoe Basin parcel can be covered by impervious surfaces — buildings, driveways, decks. Existing coverage is TRPA's satellite estimate; allowed coverage uses TRPA's verified land class when one is on file, otherwise TRPA's estimate — data: TRPA GIS / Tahoe Open Data, LT Info. 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

$1,300 – $1,500/yr
about $117/mo
Est. Rebuild Cost (Coverage A)
$252,000
FAIR Plan (fire)
$1,100/yr
DIC wrap (theft, water, liability)
$200 – $400/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

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

$2,049 per month
Principal & interest
$1,643/mo
Property taxes
$289/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
$0/mo
From MLS listing data.
Home insurance
$117/mo
CA FAIR Plan + DIC estimate, ~$1,300–$1,500/yr — wildfire-zone rates vary; not a bindable quote.
Down payment
20% ($65,000)
Home price
$325,000
Loan details
30-yr fixed, 6.5%
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