$795,000 Active
8681 Rainbow Avenue
Kings Beach, CA 96143
✓ 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
·
2.0 Baths
·
844 Sq Ft

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About This Property

TWO HOMES ON ONE LOT! Two bedroom and two bath and a Studio with one full bathroom. Beautifully remodeled home featuring an 8-year-old roof and efficient forced-air heating with newly installed ductwork. The home is equipped with top-of-the-line appliances, upgraded plumbing and water lines, and durable copper piping throughout. Step inside to find elegant marble tile in the bathroom and stunning white oak hardwood flooring extending down the hallway into the second bedroom. Warm knotty alder stained trim adds a rich, inviting touch, perfectly complementing the striking labradorite countertop with a dramatic waterfall edge. Natural light pours in through abundant south-facing exposure, creating a bright and welcoming atmosphere. Both units have been enhanced with an updated electrical panel, offering modern convenience and peace of mind. Outside, enjoy ample parking and a spacious yard filled with mature fruit trees, including plum, cherry, and peach perfect for relaxing, entertaining, or enjoying homegrown produce. Close Proximity to Kings Beach Recreation area, sandy beaches, shopping, and local restaurants.

Listed by Dione Aguirre — Inspired Real Estate Group Inc

Listing Details

Status Active
MLS # 20261650
Days on Market 69
Price/Sq Ft $942

Property History

Aug 06, 2026
Listed for sale
$795,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Oct 2019 · county record $395,000 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 2.0
Sq. Ft. 844
Lot Size 0.14 acres
Year Built 1953
Property Type Single Family Residence
Style Old Tahoe
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 090116048000
Parking
Parking Features None, Parking Pad
Exterior & Lot
Lot Features Street
View Trees/Woods
Construction Frame, Wood Siding
Roof Composition
Foundation Pillar/Post/Pier, Slab
Utilities & Systems
Heating Natural Gas, Electric
📊

STR Investment Analysis

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

STR Investment Analysis

Yellow Zone
STRUCTURAL SCORE Standard
51
PROJECTED GROSS ANNUAL REVENUE
$30K – $50K typically ~$40,000
~$3,333 per month
Avg Nightly
$244
Occupancy
45%
Cap Rate
2.0%

STR Investment Summary — 8681 Rainbow Avenue, Kings Beach

Est. Gross Annual Revenue
$30K – $50K
typically ~$40,000
Avg Nightly Rate
$244
Projected Occupancy
45.0%
Cap Rate
2.0%
Structural Score: 51 / 100 (Standard) · STR Zone: Yellow

Nightly rates and occupancy from Kings Beach market data (118 comparable 2-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
2,508 sq ft covered of 1,564 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
6,256 sq ft
Allowed Coverage
1,564 sq ft · 25%
Existing Coverage
2,508 sq ft · 40%
Addable Coverage
0 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

$1,800 – $2,100/yr
about $162/mo
Est. Rebuild Cost (Coverage A)
$354,480
FAIR Plan (fire)
$1,500/yr
DIC wrap (theft, water, liability)
$300 – $600/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

Building Permit History

Placer County permit records for this parcel

1 expired permit
RESIDENTIAL: LIMITED REVIEW - Electrical, Mechanical, Plumbing, Roof Solar, etc · 2020-07-23
Expired
Panel upgrade CURRENT PANEL AMPERAGE: 100 PROPOSED PANEL AMPERAGE: 200 CHANGE OUT / NEW: Change Out - Upgrade
Permit #BLD20-03478
Building/Residential/Full Review/NA
DONE
Permit #TCON 26519
Building/Residential/Full Review/NA
DONE
Permit #TCON 34969
Building/Residential/Full Review/NA
DONE
Permit #TCON 6351
Building/Residential/Full Review/NA
DONE
Permit #TCON 4817
Building/Residential/Full Review/NA
DONE
Permit #TCON D112012
Building/Residential/Full Review/NA
DONE
Permit #TCON R94451

Public permit records from the Placer County permit portal, last checked 2026-10-08. Open permits should be finaled or closed before close of escrow; verify current permit status directly with the county.

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

$4,889 per month
Principal & interest
$4,020/mo
Property taxes
$706/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
$163/mo
CA FAIR Plan + DIC estimate, ~$1,800–$2,100/yr — wildfire-zone rates vary; not a bindable quote.
Down payment
20% ($159,000)
Home price
$795,000
Loan details
30-yr fixed, 6.5%
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