About This Property
Situated in the center of Kings Beach at the junction of Highway 267 and Highway 28, Sweetbriar Condominiums offers one of North Lake Tahoe’s most sought-after fractional ownership opportunities, combining the ultimate summer beachfront lifestyle with ideal winter proximity to Northstar for world-class skiing. This gated lakefront community features direct sandy beach access, perfect for swimming, paddleboarding, boating, and sunsets, while being just minutes from lifts, après, and mountain winter activities. This 1/6th ownership provides 8–9 weeks annually on a rotating calendar and includes premium 2026 dates, including summer weeks and Thanksgiving. Owners are currently in 3rd position for the 2026 selection cycle and will move to 2nd position in 2027, offering strong future priority. Lakefront #5 is also one of only two lakefront residences in the community that recently replaced all heating elements, including brass valves and new tubing, a valuable upgrade for long-term comfort and reliability. Sweetbriar consists of just twelve residences, six lakefront and six garden units, each designed specifically for fractional ownership with individual APNs, shared scheduling, and turnkey, fully furnished interiors. The gated waterfront setting includes buoy access available seasonally through the HOA, and this residence offers a private attached garage. The residence is also available for rental when not in owner use, providing additional flexibility for fractional owners. The comprehensive HOA covers nearly all ownership expenses, including gas, electric, water, sewer, sanitation, trash, cable TV, Wi-Fi, phone, insurance, snow removal, and landscaping; owners are responsible only for individually billed property taxes.
Listing Details
Property History
Sale History · changed hands 2×
| Sold | Price | Listing agent (sell side) | Buyer agent (buy side) |
|---|---|---|---|
| Jul 2020 · via MLS history | $237,500 | — | — |
| Mar 2024 | $400,000 (+68%) | Jason WatersTahoe Mountain Realty | Shane JonesTahoe Mountain Realty |
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.
STR Investment Analysis
Permitted ZoneLand Coverage (TRPA)
Tahoe Regional Planning Agency impervious-coverage budget for this parcel
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 ↗Cost Segregation Tax Savings
Estimated first-year bonus depreciation savings
