Sold $835,000 $845,000 Closed
8525 Dolly Varden Avenue
Kings Beach, CA 96143
SOLD 2026-05-29
Sold for $835,000 (listed at $845,000)
3 Beds
·
2.0 Baths
·
1,256 Sq Ft

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It sold for $835,000 on 2026-05-29, 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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About This Property

Just minutes from the shoreline of Lake Tahoe and the Nevada border, this property places you at the center of everything. Enjoy easy access to lake days, dining, shopping, nightlife, and gaming, while still having a peaceful mountain retreat to return to. Walk or bike to the lake and spend your days boating, paddle boarding, kayaking, or exploring nearby hiking and biking trails. In the winter, you’re just minutes from the ski hill, making this an ideal year-round base. The location is both walkable and dog-friendly, offering convenient access to everything that makes Tahoe such a sought-after destination. Currently operating as a successful Airbnb, this property offers immediate income potential with strong short-term rental performance and a fully turnkey setup for continued operation. It’s an ideal fit for a second home, investment property, or 1031 exchange—allowing you to enjoy the home while it works for you. - HERE is the link to the Airbnb to see the FANTASTIC reviews! https://www.airbnb.com/rooms/804353501372503548?guests=1&adults=1&s=67&unique_share_id=a7e1f7a4-961b-4d2e-9764-86ef67b9ebc3 With its prime location near Lake Tahoe and the Nevada border, close proximity to dining, shopping, and entertainment, and easy access to year-round recreation, this property stands out in today’s market. Combined with proven rental performance and early access before broader MLS exposure, it presents a unique and compelling opportunity. Properties with this level of access, flexibility, and income potential are rare. This is your chance to secure it before it reaches the wider market. Reach out for early details and private access ahead of the full launch.

Listed by Kaili Sanchez — COMPASS

Listing Details

Status Closed
MLS # 20260594
Sold Date 2026-05-29
Sold Price $835,000
Price/Sq Ft $673

Property History

Apr 20, 2026
Listed for sale
$845,000
Current
Sold
$835,000

Sale History · changed hands 2×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Sep 2022 $675,000 MelindaTilly MezgerChase International - Trk Kristina MattsonChase International - TC
May 2026 · this listing $835,000 (+24%) Kaili SanchezCOMPASS —

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 3
Baths 2.0
Sq. Ft. 1,256
Year Built 1960
Property Type Single Family Residence
Style Mountain
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 090101004000
Parking
Parking Features None
Exterior & Lot
Lot Features Street, Rental History
View Trees/Woods, Mountain(s)
Foundation Concrete Perimeter
Utilities & Systems
Heating Natural Gas

STR Investment Summary — 8525 Dolly Varden Avenue, Kings Beach

Est. Gross Annual Revenue
$35K – $65K
typically ~$50,000
Avg Nightly Rate
$304
Projected Occupancy
45.0%
Cap Rate
2.3%
Structural Score: 50 / 100 (Standard) · 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

Room to build
1,798 sq ft covered of 1,875 sq ft allowed
77 sq ft of coverage still available to add.
Parcel Size
6,256 sq ft
Allowed Coverage
1,875 sq ft · 30%
Existing Coverage
1,798 sq ft · 29%
Addable Coverage
77 sq ft

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

$2,600 – $3,100/yr
about $238/mo
Est. Rebuild Cost (Coverage A)
$527,520
FAIR Plan (fire)
$2,200/yr
DIC wrap (theft, water, liability)
$400 – $900/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
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