Sold $1,267,500 $1,445,000 Closed
375 Islet Avenue
Kings Beach, CA 96143

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SOLD 2026-10-09
Sold for $1,267,500 (listed at $1,445,000)
4 Beds
·
2.5 Baths
·
2,226 Sq Ft
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It sold for $1,267,500 on 2026-10-09, and prices have moved since. Three boxes: leave your number and Murat calls you with what it would sell for today, priced from the latest closed sales nearby.

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Our data on this home

About This Property

Your Brockway Basecamp for Year-Round Living! Just listed in Brockway—this well-maintained 4-bedroom home offers a strong combination of location, livability, and income potential just minutes from Lake Tahoe and Speedboat Beach. Built in 2004, the home features a functional layout with main-level living, a stone fireplace, hardwood floors, and seamless access to a spacious deck for easy indoor-outdoor use. Upstairs, four bedrooms—including a primary suite—offer flexibility for both full-time living and guest use. Why it stands out: Proven short-term rental with established performance, Prime location near Kings Beach, Crystal Bay & Incline Village, Close to Northstar Resort and Diamond Peak Ski Resort, Ideal for full-time, second home, or investment buyers. This is a great option for anyone looking to capture the Tahoe lifestyle while offsetting ownership costs. Home has been rented just about all of May, June &July and is rented most of August & September. Happy to share rental history, additional details, or coordinate a showing.

Listed by Janie Sharp — COMPASS

Listing Details

Status Closed
MLS # 20260643
Sold Date 2026-10-09
Sold Price $1,267,500
Price/Sq Ft $649

Property History

Apr 25, 2026
Listed for sale
$1,495,000
Sep 01, 2026
Pending
$1,445,000
Oct 09, 2026
Sold
$1,267,500

Sale History · changed hands 2×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Feb 2005 · county record $687,000 Deed record — brokerage sides not reported
Oct 2026 · this listing $1,267,500 (+84%) Janie SharpCOMPASS —

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. 2,226
Lot Size 0.16 acres
Year Built 2004
Property Type Single Family Residence
Style Mountain
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 09030200500
Parking
Garage Spaces 2
Parking Features Two, Attached, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Lot Features Street, Landscaped, Rental History
View Trees/Woods
Construction Frame
Roof Composition
Foundation Concrete Perimeter
Utilities & Systems
Heating Natural Gas, CFAH

STR Investment Summary — 375 Islet Avenue, Kings Beach

Est. Gross Annual Revenue
$55K – $100K
typically ~$80,000
Avg Nightly Rate
$487
Projected Occupancy
45.0%
Cap Rate
2.2%
Structural Score: 62 / 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

Above base allowance
2,003 sq ft covered of 1,417 sq ft allowed
Existing coverage is above the base allowance for this parcel's verified land class. Coverage built before TRPA's rules is often legally existing; adding more typically means removing or transferring coverage.
Parcel Size
7,086 sq ft
Allowed Coverage · verified
1,417 sq ft · 20%
Existing Coverage · est.
2,003 sq ft · 28%
Addable Coverage
0 sq ft
Land Capability · TRPA-verified
4

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

$4,800 – $5,600/yr
about $433/mo
Est. Rebuild Cost (Coverage A)
$934,920
FAIR Plan (fire)
$4,000/yr
DIC wrap (theft, water, liability)
$800 – $1,600/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
This home sold

It sold for $1,267,500 on 2026-10-09, so it can't be toured.

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