$450,000 Pending
. Harbor Avenue
Kings Beach, CA 96143
✓ STR Allowed — Permit Required
Placer County STR permit required. County-wide cap of 3,900 permits — new permits available until cap is reached.
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About This Property

Positioned in the heart of coveted Brockway Point, this extremely rare offering captures the essence of luxury Lake Tahoe living with an unmatched setting just steps from the crystal-clear waters and soft sand of Speedboat Beach, widely regarded as one of the most beautiful and sought-after beaches on the lake. Opportunities like this are few and far between, where prime location, natural beauty, and potential converge. The seller has thoughtfully enhanced the value of this homesite by acquiring additional IPES points, bringing the score to 702, unlocking new buildable potential and providing a clear path for development. This makes the property not only a stunning retreat but also a strategic investment for those looking to build a custom Lake Tahoe dream home. Surrounded by the iconic granite boulders that define Brockway Point, the lot offers a magical, almost storybook setting. A gentle approach leads you toward the shoreline, creating the feeling that Speedboat Beach is just beyond your doorstep. The landscape is both dramatic and serene, offering privacy, character, and a true connection to Tahoe’s natural environment. Adding to the long-term appeal, the area is experiencing significant momentum with major redevelopment projects underway, including the revitalization of the historic Cal Neva Casino, once owned by Frank Sinatra, along with continued investment in Kings Beach and the highly anticipated Biltmore Hotel redevelopment led by Proper Hotels. As these transformative projects move toward completion, many anticipate a meaningful rise in property values, further enhancing the investment potential of this exceptional homesite. Whether you envision a modern mountain retreat or a timeless legacy home, this buildable parcel delivers on all fronts, location, exclusivity, and future upside. For those seeking a one-of-a-kind homesite in one of the most iconic enclaves in all of Lake Tahoe, this is an extraordinary opportunity not to be missed.

Listed by Alex Min — Sierra Sotheby's Int Realty TC

Listing Details

Status Pending
MLS # 20260371
Days on Market 77
Sold Date 2026-06-22

Property History

Mar 20, 2026
Listed for sale
$450,000
Current
Pending
$450,000
Property Overview
Lot Size 0.24 acres
Property Type Single Family Residence
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 090-311-021
Exterior & Lot
Lot Features Gentle
View Lake,Peek,Wooded,Mountain
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STR Investment Analysis

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

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Excellent
87
PROJECTED ANNUAL REVENUE
$142,500 ($118K – $167K range)
~$11,875 per month
Avg Nightly
$485
Occupancy
68%
Cap Rate
5.2%

STR Investment Summary — . Harbor Avenue, Kings Beach

Est. Annual Revenue
$34,283
Avg Nightly Rate
$320
Projected Occupancy
29.7%
Cap Rate
3.0%
Structural Score: 47 / 100 (Standard) · STR Zone: Yellow

Based on comparable vacation rental performance data for Kings Beach. Revenue projections are estimates and may vary.

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

$0 per month
Principal & interest
$0
Property taxes
$0
HOA dues
$0
From MLS listing data.
Home insurance
$0
Insurance estimate only — Tahoe wildfire-zone rates vary; get a local broker quote for accuracy.
Down payment
20% ($90,000)
Home price
$450,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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