$11,950,000 $12,950,000 ↓ $1,000,000 reduced Active
9902 Lake Street
Kings Beach, CA 96143

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✓ 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.
📋 STR Permit on File
Placer County's public short-term-rental registry shows a permit on file for this home. Permits never transfer with a sale — a buyer applies for their own.
5 Beds
·
3.5 Baths
·
3,363 Sq Ft

Our data on this home

About This Property

Completed in 2017, this lakefront property features a shared pier, set to be installed in the summer of 2026, 72 feet of lake frontage, 5 bedrooms, and 4 bathrooms. 9902 Lake Street, once a part of the iconic Hills Brothers Estate, is located in the historic Old Brockway area of Lake Tahoe's north shore. Revel in direct backyard access to a sandy beach, a cozy enclave adorned with striking boulder formations and crystal-clear blue waters. Located less than half a mile away from the Nevada state line, home to the infamous Cal-Neva Lodge, set to reopen in 2027, the former stomping grounds of Frank Sinatra, The Rat Pack, Marilyn Monroe, and more.

Listed by Amie Quirarte — Serhant California, Inc.

Listing Details

Status Active
MLS # 20261691
Days on Market 93
Price/Sq Ft $3,553

Property History

Aug 13, 2026
Listed for sale
$12,950,000
Oct 30, 2026
Price reduced
$11,950,000 $12,950,000 ↓ $1,000,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Sep 2025 · via MLS history $14,500,000 — —

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 5
Baths 3.5
Sq. Ft. 3,363
Lot Size 0.46 acres
Year Built 2017
Property Type Single Family Residence
Style Mountain
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 090324002000
Parking
Garage Spaces 3
Parking Features Three, Attached
Attached Garage Yes
Exterior & Lot
Lot Features Rental History
View Lake, Panoramic-Lake
Construction Frame
Roof Composition
Utilities & Systems
Heating Natural Gas
📊

STR Investment Analysis

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

STR Investment Analysis

Yellow Zone
STRUCTURAL SCORE Premium
68
PROJECTED GROSS ANNUAL REVENUE
$55K – $85K typically ~$70,000
~$5,833 per month
Avg Nightly
$599
Occupancy
32%
Cap Rate
0.2%

STR Investment Summary — 9902 Lake Street, Kings Beach

Est. Gross Annual Revenue
$55K – $85K
typically ~$70,000
Avg Nightly Rate
$599
Projected Occupancy
32.0%
Cap Rate
0.2%
Structural Score: 68 / 100 (Premium) · STR Zone: Yellow

Nightly rates and occupancy from Kings Beach market data (59 comparable 4-bedroom rentals, 2026-11); 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

Parcel Size
19,987 sq ft
Allowed Coverage · verified classes
200–5,996 sq ft
Existing Coverage · est.
1,532 sq ft · 8%
Land Capability · TRPA-verified
1b, 6

TRPA caps how much of each Tahoe Basin parcel can be covered by impervious surfaces — buildings, driveways, decks. Existing coverage is TRPA's satellite estimate; allowed coverage uses TRPA's verified land class when one is on file, otherwise TRPA's estimate — data: TRPA GIS / Tahoe Open Data, LT Info. 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

$9,400 – $10,900/yr
about $846/mo
Est. Rebuild Cost (Coverage A)
$1,849,650
FAIR Plan (fire)
$7,800/yr
DIC wrap (theft, water, liability)
$1,600 – $3,100/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

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

$71,887 per month
Principal & interest
$60,426/mo
Property taxes
$10,615/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
$846/mo
CA FAIR Plan + DIC estimate, ~$9,400–$10,900/yr — wildfire-zone rates vary; not a bindable quote.
Down payment
20% ($2,390,000)
Home price
$11,950,000
Loan details
30-yr fixed, 6.5%
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