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

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
Price/Sq Ft $542

Property History

Jun 05, 2026
Listed for sale
$325,000
Property Overview
Beds 1
Baths 1.0
Sq. Ft. 600
Lot Size 0.04 acres
Stories 1
Year Built 1936
Property Type Single Family Residence
Style Old Tahoe
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 090-192-054-000
Parking
Parking Features None
📊

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 — 217 Chipmunk Street, Kings Beach

Est. Annual Revenue
$26,426
Avg Nightly Rate
$190
Projected Occupancy
37.3%
Cap Rate
3.3%
Structural Score: 40 / 100 (Standard) · 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% ($65,000)
Home price
$325,000
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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