$775,000 Active
8681 Rainbow Avenue #1
Kings Beach, CA 96143
✓ STR Allowed — Permit Required
Placer County STR permit required. County-wide cap of 3,900 permits — new permits available until cap is reached.
2 Beds
·
2.0 Baths
·
844 Sq Ft

About This Property

Two Homes on one Large LOT! Beautifully remodeled North Lake Tahoe retreat featuring premium finishes and timeless mountain charm. Recent upgrades include an 8-year-old roof, efficient forced-air heating with new ductwork, updated plumbing and water lines, copper piping, and upgraded electrical panels in both units. Inside, elegant marble tile, white oak hardwood flooring, knotty alder trim, and a stunning labradorite waterfall countertop create a warm yet sophisticated living space, complemented by top-of-the-line appliances and abundant south-facing natural light. Outside, enjoy ample parking and a spacious yard with mature plum, cherry, and peach trees, perfect for relaxing or entertaining. Ideally located near the Kings Beach State Recreation Area

Listed by Dione Aguirre — Inspired Real Estate Group Inc

Listing Details

Status Active
MLS # 20260810
Days on Market 38
Price/Sq Ft $918

Property History

Apr 06, 2026
Listed for sale
$775,000
Property Overview
Beds 2
Baths 2.0
Sq. Ft. 844
Lot Size 0.14 acres
Stories 1
Year Built 1953
Property Type Residential
Style Old Tahoe
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 090-116-048-000
Parking
Parking Features None
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STR Investment Analysis

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

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Excellent
87
PROJECTED ANNUAL REVENUE
$142,500 ($118K – $167K range)
~$11,875 per month
Avg Nightly
$485
Occupancy
68%
Cap Rate
5.2%

STR Investment Summary — 8681 Rainbow Avenue #1, Kings Beach

Est. Annual Revenue
$39,267
Avg Nightly Rate
$274
Projected Occupancy
39.1%
Cap Rate
2.0%
Structural Score: 53 / 100 (Standard) · STR Zone: Yellow

Based on comparable vacation rental performance data for Kings Beach. Revenue projections are estimates and may vary.

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

$0 per month
Principal & interest
$0
Property taxes
$0
HOA dues
$0
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($155,000)
Home price
$775,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC
(530) 317-0373

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