$3,250,000 Closed
9699 North Lake Boulevard
Kings Beach, CA 96143
SOLD 2026-05-21
Sold for $2,832,687 (listed at $3,250,000)
2 Beds
·
2.5 Baths
·
2,139 Sq Ft
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About This Property

Set on nearly an acre of land, this beautifully updated 1941 cottage offers a rare combination of privacy, charm, and ideal location. Adjacent to a conservancy lot, the property feels like a private park, with lush grounds, multiple outdoor seating areas, and views of Lake Tahoe. Inside, the home blends old Tahoe charm with refined modern upgrades. The great room features high vaulted ceilings with exposed wood beams and opens to a spacious front deck to take in lake views and enjoy indoor-outdoor living. The kitchen is a chef’s dream, equipped with top-of-the-line Wolf and Sub-Zero appliances. Each of the two generously sized bedrooms includes a cozy window seat and its own en-suite bathroom, offering comfort and privacy for guests or family. Located just a short distance from downtown Kings Beach, Crystal Bay, and iconic Speedboat Beach, this is an timeless retreat for those who want to enjoy the best of Tahoe.

Listed by William Dietz — Tahoe Luxury Properties

Listing Details

Status Closed
MLS # 20250838
Sold Date 2026-05-21
Sold Price $2,832,687
Price/Sq Ft $1,519

Property History

May 10, 2025
Listed for sale
$3,250,000
Current
Sold
$2,832,687
Property Overview
Beds 2
Baths 2.5
Sq. Ft. 2,139
Lot Size 0.87 acres
Year Built 1941
Property Type Single Family Residence
Style Old Tahoe
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 090261034
Parking
Garage Spaces 2
Parking Features Two, Detached
Attached Garage Yes
Exterior & Lot
Lot Features Street, Landscaped
View Peek, Trees/Woods
Construction Frame
Roof Shake/Shingle
Foundation Perim Stone
Utilities & Systems
Heating Natural Gas

STR Investment Summary — 9699 North Lake Boulevard, Kings Beach

Est. Gross Annual Revenue
$35K – $55K
typically ~$45,000
Avg Nightly Rate
$385
Projected Occupancy
32.0%
Cap Rate
0.6%
Structural Score: 72 / 100 (Premium) · STR Zone: Yellow

Nightly rates and occupancy from Kings Beach market data (113 comparable 2-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.

Home Insurance Estimate

California FAIR Plan fire policy + a DIC wrap policy, the usual Tahoe setup

$6,000 – $7,000/yr
about $542/mo
Est. Rebuild Cost (Coverage A)
$1,176,450
FAIR Plan (fire)
$5,000/yr
DIC wrap (theft, water, liability)
$1,000 – $2,000/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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