$3,250,000 Active
8393 North Lake Boulevard
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.
2 Beds
·
3.0 Baths
·
6,614 Sq Ft
Virtual Tour

Our data on this home

About This Property

Discover an exceptional investment opportunity in the heart of North Lake Tahoe. Mixed-use property downtown Kings Beach. Beautiful lake view residential apartment which has a long-term tenant. One commercial space has a trusted tenant on a five year lease. Situated along prestigious North Lake Boulevard, this prominent Kings Beach property offers unmatched visibility, versatility, and proximity to the lake. With expansive square footage, a generous parcel, extensive parking, and a prime downtown location, the possibilities are endless. Commercial spaces have been remodeled and are ready for their new tenants! One space is flexible and vacant. Upstairs office space is currently vacant. Just steps from beaches, restaurants, boutiques, and outdoor recreation, this property places you at the center of Tahoe's vibrant lifestyle. Whether expanding your portfolio, establishing a business presence, or creating a dynamic mixed-use destination, this rare offering delivers the perfect blend of location, opportunity, and Tahoe charm.

Listed by Jamison Blair — COMPASS

Listing Details

Status Active
MLS # 20262233
Price/Sq Ft $491

Property History

Nov 14, 2026
Listed for sale
$3,250,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Dec 2022 · county record $1,750,000 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 2
Baths 3.0
Sq. Ft. 6,614
Year Built 1958
Property Type Single Family Residence
Style Other
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 090075014000
Parking
Parking Features None, Other
Exterior & Lot
Lot Features Street, Landscaped, Rental History
View Lake, Panoramic-Lake, City, Downtown
Construction Frame
Roof Metal
Foundation Concrete Perimeter
📊

STR Investment Analysis

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

STR Investment Analysis

Yellow Zone
STRUCTURAL SCORE Standard
50
PROJECTED GROSS ANNUAL REVENUE
$30K – $50K typically ~$40,000
~$3,333 per month
Avg Nightly
$342
Occupancy
32%
Cap Rate
0.5%

STR Investment Summary — 8393 North Lake Boulevard, Kings Beach

Est. Gross Annual Revenue
$30K – $50K
typically ~$40,000
Avg Nightly Rate
$342
Projected Occupancy
32.0%
Cap Rate
0.5%
Structural Score: 50 / 100 (Standard) · STR Zone: Yellow

Nightly rates and occupancy from Kings Beach market data (118 comparable 2-bedroom rentals, 2026-11); 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
12,304 sq ft covered of 4,202 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
16,807 sq ft
Allowed Coverage · est.
4,202 sq ft · 25%
Existing Coverage · est.
12,304 sq ft · 73%
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

$18,500 – $21,600/yr
about $1,671/mo
Est. Rebuild Cost (Coverage A)
$3,637,700
FAIR Plan (fire)
$15,400/yr
DIC wrap (theft, water, liability)
$3,100 – $6,200/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

$20,992 per month
Principal & interest
$16,434/mo
Property taxes
$2,887/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
$1,671/mo
CA FAIR Plan + DIC estimate, ~$18,500–$21,600/yr — wildfire-zone rates vary; not a bindable quote.
Down payment
20% ($650,000)
Home price
$3,250,000
Loan details
30-yr fixed, 6.5%
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