Placer County STR permit required. Eastern Placer cap of 3,900 permits (not reached) — new permits available until cap is reached.
The remarks mention an ADU or guest unit: in Truckee, much of Placer and Washoe’s Tahoe area, and parts of Nevada County an ADU can’t be a short-term rental, so count on the main house only.
When a home like this lists in Kings Beach at a similar price and size, we email you the same day. No account needed.
About This Property
North Lake Tahoe multi-unit home in Kings Beach! This charming cabin features faux rustic wood siding for that classic Tahoe feel, paired with sleek, modern interiors. The gourmet kitchen shines with stainless steel appliances, stunning Calacatta Gold quartz countertops, and a large island with a breakfast bar - perfect for gatherings. Cozy up to the wood burning stove on snowy nights in the expansive family room or step out to the spacious backyard, ideal for entertaining friends and family. Thoughtful upgrades include waterproof wood-veneer flooring, new central heat system and a tankless water heater for endless hot water and efficiency. The oversized parking area accommodates four cars, plus an extra-deep pad for boats, RVs or snowmobiles. Two large storage sheds provide ample space for all your skis, bikes, paddleboards and more. A separate ADU studio with a private entrance and updated appliances offers excellent flexibility for guests, in-laws, or potential rental income. Enjoy a short stroll to the Kings Beach Recreation Area, featuring a sandy beach, boat launch, restaurants, equipment rentals, playground, volleyball, Safeway, Old Brockway Golf Course, parks, cafes, and boutiques are all nearby. Kings Beach Elementary is just around the corner, kids can easily walk or bike. Most days, you won't even need the car. Move-in ready and full of Tahoe charm!
Listed by Daniel Morrison — Morrison - Real Estate Sales
Listing Details
StatusActive
MLS #20261060
Days on Market131
Price/Sq Ft$551
Property History
Jun 04, 2026
Listed for sale
$998,000
Jun 24, 2026
Price changed
$978,700
Aug 04, 2026
Price reduced
$959,000
$978,700
↓
$19,700
Sep 14, 2026
Price reduced
$898,800
$959,000
↓
$60,200
Sale History
· changed hands 1×
Sold
Price
Listing agent (sell side)
Buyer agent (buy side)
Oct 1996
· county record
$127,000
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.
See projected rental revenue, occupancy rates, and investment scores.
STR Investment Analysis
Yellow Zone
STRUCTURAL SCOREPremium
55
PROJECTED GROSS ANNUAL REVENUE
$19K – $34Ktypically ~$26,600
~$2,217 per month
Avg Nightly
$162
Occupancy
45%
Cap Rate
1.2%
STR Investment Analysis
STRUCTURAL SCORE
PROJECTED GROSS ANNUAL REVENUE
Avg Nightly
Occupancy
Cap Rate
Est. NOI
Net Operating Income = annual gross rental revenue minus operating expenses (cleaning, property management, taxes, insurance, HOA, utilities, maintenance, supplies) — but before mortgage payments.
We estimate it as NOI = Projected Annual Revenue × 40%, assuming ~60% of gross goes to operating expenses on a typical Tahoe STR.
NOI feeds the cap rate below: Cap Rate = NOI ÷ List Price.
MONTHLY REVENUE
AVERAGE DAILY RATE
ADJUSTED OCCUPANCY
Estimates based on 2024-2025 comparable rental performance. Actual results vary.
Nightly rates and occupancy from Kings Beach market data (60 comparable 4-bedroom rentals, 2026-08); 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
3,178 sq ft coveredof 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
3,178 sq ft · 51%
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.
California FAIR Plan fire policy + a DIC wrap policy, the usual Tahoe setup
$3,500 – $4,100/yr
about $317/mo
Est. Rebuild Cost (Coverage A)
$685,440
FAIR Plan (fire)
$2,900/yr
DIC wrap (theft, water, liability)
$600 – $1,200/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.
Remove and replace existing duct work with flex duct certified, forced air FAU, wall furnace. NEW / REPLACEMENT: Replace Existing # OF SYSTEMS: 1 DUCT AFFECTED: 50 SYSTEM TYPE: Split System
Permit #BLD25-06357
RESIDENTIAL: FULL REVIEW - Additions, ADU, Accessory Structures, Pools, Remodel, Demo, Generators, and Other · 2025-06-09
Construction Complete
Removing old cabinets and install new cabinets in same orientation as original just replacement of old damaged cabinets. New Water Heater
Replace existing interior subpanel to consolidate (2) subpanels into (1) due to unsafe age of existing subpanels. CURRENT PANEL AMPERAGE: 100 PROPOSED PANEL AMPERAGE: 100 CHANGE OUT / NEW: Change Out - Like for Like
Like for like Replacement of 100A meter socket due to failed neutral wire. CURRENT PANEL AMPERAGE: 100 PROPOSED PANEL AMPERAGE: 100 CHANGE OUT / NEW: Change Out - Like for Like
Permit #BLD24-00944
Building/Residential/Full Review/NA
DONE
Permit #TCON R98734
Public permit records from the Placer County permit portal, last checked 2026-10-05. 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
Using estimated land ratio. Actual ratio may vary based on county assessment.
Land Value
$0
Improvement Basis
$0
5-Year Property (18%)
$0
15-Year Property (10%)
$0
How Cost Segregation Works:
Cost segregation reclassifies building components into shorter depreciation categories, allowing accelerated deductions.
Calculation:
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
$5,660 per month
Principal & interest
$4,545/mo
Property taxes
$798/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
$317/mo
CA FAIR Plan + DIC estimate, ~$3,500–$4,100/yr — wildfire-zone rates vary; not a bindable quote.
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Listing and property information shown here is supplied by the MLS and other outside sources, including county assessor, TRPA and short-term-rental permit records. All information is deemed reliable but not guaranteed, is provided for consumers' personal, non-commercial use, and should be independently verified. Square footage, lot size, zoning, rental eligibility and permit status are approximate and subject to change.
