$1,495,000 Active
8229 Speckled Avenue
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.
3 Beds
·
2.0 Baths
·
1,992 Sq Ft
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Our data on this home

About This Property

Exceptional commercial mixed-use opportunity in the heart of Kings Beach, offering a rare blend of residential comfort, business flexibility, and light industrial functionality just blocks from Lake Tahoe. Situated on a spacious and commercially zoned 0.40-acre parcel, this versatile live/work property is ideal for contractors, entrepreneurs, tradespeople, investors, or anyone seeking a dynamic mountain business compound with income potential and outstanding utility. The extensively remodeled 3-bedroom, 2-bath residence was thoughtfully updated in 2021 and showcases quality finishes throughout, including a beautifully redesigned kitchen, updated bathrooms, hardwood flooring, heated tile floors, underfloor heating in key living areas, insta-hot water, forced air heating, and a cozy fireplace with wood stove insert. The property offers an inviting residential setting with fenced front and back yards, lush lawn areas, mature trees, outdoor patio space, plant nursery storage, covered parking, and abundant off-street parking with a carport and oversized 4-car driveway. Adding to the property’s flexibility is the attached office/studio suite with private entrance, half bath, heating, and three dedicated parking spaces—perfect for a professional office, design studio, client-facing business, guest quarters, or potential rental income opportunity. The adjacent paved industrial yard further elevates the property’s value, featuring approved light industrial use, separate electrical service, storage sheds, truck and equipment coverage, and ample room for contractor storage, fleet parking, equipment staging, landscaping operations, or business expansion. Commercial and light industrial zoning create exceptional flexibility rarely found in the North Lake Tahoe market. Whether you are searching for a Tahoe contractor yard, live/work investment property, commercial headquarters, business storage facility, mixed-use development opportunity, or a flexible mountain property with residential and industrial components, this unique offering delivers location, versatility, functionality, and long-term upside in one of Tahoe’s most sought-after communities.

Listed by Alex Min — Sierra Sotheby's Int Realty TC

Listing Details

Status Active
MLS # 20261025
Days on Market 140
Price/Sq Ft $751

Property History

May 29, 2026
Listed for sale
$1,495,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,992
Lot Size 0.39 acres
Year Built 1964
Property Type Single Family Residence
Style Mountain
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 090041005
Parking
Garage Spaces 1
Parking Features One, Attached, Boat, RV Access/Parking, Oversized, Other, Parking Pad
Attached Garage Yes
Exterior & Lot
Lot Features Greenbelt, Landscaped
View Trees/Woods, Mountain(s)
Construction Frame
Roof Composition
Utilities & Systems
Heating Natural Gas, CFAH
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STR Investment Analysis

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

STR Investment Analysis

Yellow Zone
STRUCTURAL SCORE Premium
63
PROJECTED GROSS ANNUAL REVENUE
$45K – $70K typically ~$55,000
~$4,583 per month
Avg Nightly
$335
Occupancy
45%
Cap Rate
1.5%

STR Investment Summary — 8229 Speckled Avenue, Kings Beach

Est. Gross Annual Revenue
$45K – $70K
typically ~$55,000
Avg Nightly Rate
$335
Projected Occupancy
45.0%
Cap Rate
1.5%
Structural Score: 63 / 100 (Premium) · STR Zone: Yellow

Nightly rates and occupancy from Kings Beach market data (172 comparable 3-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
4,378 sq ft covered of 2,551 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
10,202 sq ft
Allowed Coverage
2,551 sq ft · 25%
Existing Coverage
4,378 sq ft · 43%
Addable Coverage
0 sq ft
Land Capability · TRPA-verified
5

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

$4,200 – $4,900/yr
about $379/mo
Est. Rebuild Cost (Coverage A)
$836,640
FAIR Plan (fire)
$3,500/yr
DIC wrap (theft, water, liability)
$700 – $1,400/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

$9,267 per month
Principal & interest
$7,560/mo
Property taxes
$1,328/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
$379/mo
CA FAIR Plan + DIC estimate, ~$4,200–$4,900/yr — wildfire-zone rates vary; not a bindable quote.
Down payment
20% ($299,000)
Home price
$1,495,000
Loan details
30-yr fixed, 6.5%
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