Sold $825,000 Closed
8438 Dolly Varden Avenue
Kings Beach, CA 96143

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SOLD 2026-10-06
Sold for $825,000
4 Beds
·
3.0 Baths
·
1,960 Sq Ft
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About This Property

North Lake Tahoe Living with Flexibility, Income Potential, and Room to Grow Opportunity meets lifestyle in this unique Kings Beach, Lake Tahoe property featuring a three-bedroom, two-bath main residence plus a detached one-bedroom, one-bath Accessory Dwelling Unit (ADU), all situated on a generously sized fenced parcel. Whether you're seeking a full-time mountain home, a vacation retreat, a multi-generational living arrangement, or an investment property with built-in rental income, this versatile offering provides options that are increasingly difficult to find in today's Tahoe market. The main residence features comfortable single-level living with hardwood floors, a striking stone fireplace, and an open-concept living and dining area designed for gathering with family and friends. The thoughtfully designed kitchen flows seamlessly into the living spaces, while a private deck off the primary suite offers a peaceful place to enjoy your morning coffee or unwind after a day on the lake or trails. A covered front porch adds year-round convenience and mountain charm. Adding exceptional value and flexibility is the detached one-bedroom, one-bath ADU located above the garage. Filled with natural light from skylights and dormer windows, this charming residence offers endless possibilities as a guest retreat, private home office, long-term rental, or accommodation for extended family. With its own private entrance and deck, the ADU provides privacy and independence while remaining connected to the main property. Outside, the fully fenced yard provides ample space for entertaining, gardening, pets, or simply enjoying Tahoe's beautiful outdoor setting. A detached storage shed offers room for tools and recreational equipment, while the garage/workshop provides additional storage and workspace. Ample parking accommodates multiple vehicles, making it easy to host family and friends year-round. Located in one of North Lake Tahoe's most convenient and sought-after neighborhoods, you'll enjoy easy access to sandy beaches, hiking and biking trails, golf, pickleball, tennis, cross-country skiing, dining, shopping, and year-round recreation. Old Brockway Golf Course, lake access, paddleboard and kayak storage, and countless outdoor adventures are all just moments away. Properties offering this level of flexibility, usable outdoor space, and income potential are increasingly rare on Tahoe's North Shore. Whether you choose to live in the main home and generate income from the ADU, create a multi-generational living arrangement, or establish a long-term investment property, this offering delivers exceptional versatility in an outstanding Lake Tahoe location. Buyer to investigate to their satisfaction

Listed by MelindaTilly Mezger — Chase International - Trk

Listing Details

Status Closed
MLS # 20261140
Sold Date 2026-10-06
Sold Price $825,000
Price/Sq Ft $421

Property History

Jun 11, 2026
Listed for sale
$995,000
Current
Sold
$825,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Oct 2026 $825,000 MelindaTilly MezgerChase International - Trk Helen ManvilleChase International - Trk

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 3.0
Sq. Ft. 1,960
Lot Size 0.22 acres
Year Built 1960
Property Type Single Family Residence
Style Old Tahoe
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 090102037000
Parking
Garage Spaces 1
Parking Features One, Detached
Attached Garage Yes
Exterior & Lot
Lot Features Street
View Trees/Woods
Construction Frame
Roof Metal
Foundation Perim Block
Utilities & Systems
Heating Natural Gas, CFAH, Wall Furnace

STR Investment Summary — 8438 Dolly Varden Avenue, Kings Beach

Est. Gross Annual Revenue
$65K – $105K
typically ~$85,000
Avg Nightly Rate
$518
Projected Occupancy
45.0%
Cap Rate
4.1%
Structural Score: 70 / 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

Room to build
2,165 sq ft covered of 2,346 sq ft allowed
181 sq ft of coverage still available to add.
Parcel Size
9,384 sq ft
Allowed Coverage · est.
2,346 sq ft · 25%
Existing Coverage · est.
2,165 sq ft · 23%
Addable Coverage
181 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

$4,200 – $4,900/yr
about $379/mo
Est. Rebuild Cost (Coverage A)
$823,200
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
This home sold

It sold for $825,000 on 2026-10-06, so it can't be toured.

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