Sold $10,350,000 $12,050,000 Closed
9720 Brockway Springs Drive
Kings Beach, CA 96143

Get homes like this by email

When a home like this lists in Kings Beach at a similar price and size, we email you the same day. No account needed.

SOLD 2026-01-28
Sold for $10,350,000 (listed at $12,050,000)
7 Beds
·
7.0 Baths
·
4,885 Sq Ft

Own this home or one nearby?

What's this home worth today?

It sold for $10,350,000 on 2026-01-28, 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.

Priced by a local broker from real closed MLS sales near you. Free, no obligation.

Looking to buy instead? See similar homes for sale nearby ↓

Our data on this home

About This Property

Includes two parcels - 9720 & 9725 Brockway Springs Drive! Indulge in the unparalleled luxury and seclusion of PorcupinePoint, a rare gem nestled on the former "old Brockway" hotel site. This private enclave, shielded by two gated entries, unveils 1.83 acres, boasting 272 feet of waterfrontage, along with the coveted inclusion of 2 buoys and use of Brockway Vista HOA pier, pool, and tennis courts. The development potential of this property is limitless, presenting a once-in-a-lifetime opportunity for visionary investors. 9720 Brockway Springs is a 6-bedroom, 5.5 bath, 3,416 square foot single-level home with 185 feet of lake frontage and 87’ hot springs frontage. Built in 1936 with a renovation and addition in 1997, this property has an ideal floor plan for families and gorgeous wood architectural detailing. Multiple outdoor spaces provide ample space for entertaining and relaxing by the lake. The views here are truly endless. 9725 Brockway Springs Drive is a 1,469 square foot 3-bedroom, 2.5 bath home built in 1997, boasting gorgeous lake views and serving as the perfect annex home for guests. Spanning from the east shore to the west shore, Porcupine Point offers sweeping, unobstructed views that bathe the landscape in all-day sunlight, accentuating the natural beauty of giant granite boulders and creating an ambiance of tranquility that is simply unparalleled in the California lakefront market. This is a property where the possibilities are as vast as the horizon, promising an exceptional canvas for realizing your most ambitious development dreams. This legacy property stands as a testament to the uncompromising standards of luxury and exclusivity, setting a new benchmark for lakefront estates. With its remarkable privacy, expansive acreage, and breathtaking vistas, Porcupine Point is a world of its own—a sanctuary that redefines the essence of lakefront living and presents an unparalleled investment opportunity for those seeking a truly unique and prestigious property. Two adjacent lots are also available to purchase, for a rare opportunity to own 5.31 acres with 818’ of waterfrontage on Lake Tahoe. Please reach out with any additional questions.

Listed by Jamison Blair — COMPASS

Listing Details

Status Closed
MLS # 20252328
Sold Date 2026-01-28
Sold Price $10,350,000
Price/Sq Ft $2,467

Property History

Oct 15, 2025
Listed for sale
$12,050,000
Current
Sold
$10,350,000
Property Overview
Beds 7
Baths 7.0
Sq. Ft. 4,885
Lot Size 1.83 acres
Property Type Single Family Residence
Style Old Tahoe
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 090250027000
Parking
Parking Features None, Other, Parking Pad
Exterior & Lot
Lot Features Landscaped
View Lake, Panoramic, Mountain(s)
Construction Wood Siding
Roof Composition, Shake/Shingle
Foundation Perim Block
Utilities & Systems
Heating Natural Gas, Electric, CFAH, Hydronic

STR Investment Summary — 9720 Brockway Springs Drive, Kings Beach

Est. Gross Annual Revenue
$50K – $80K
typically ~$65,000
Avg Nightly Rate
$660
Projected Occupancy
27.0%
Cap Rate
0.2%
Structural Score: 59 / 100 (Premium) · STR Zone: Yellow

Nightly rates and occupancy from Kings Beach market data (60 comparable 4-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
7,810 sq ft covered of 8,890 sq ft allowed
1,079 sq ft of coverage still available to add.
Parcel Size
61,775 sq ft
Allowed Coverage
8,890 sq ft · 14%
Existing Coverage
7,810 sq ft · 13%
Addable Coverage
1,079 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

$13,700 – $16,000/yr
about $1,238/mo
Est. Rebuild Cost (Coverage A)
$2,686,750
FAIR Plan (fire)
$11,400/yr
DIC wrap (theft, water, liability)
$2,300 – $4,600/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
Request a Tour

We'll contact you soon.

R
Real Estate Tahoe
Real Estate Agent

Send a Message