$1,825,000
8703 North Lake Boulevard
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.

✓ 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.
1 Beds
·
1.0 Baths
·
1,997 Sq Ft
Virtual Tour

Our data on this home

About This Property

Don't miss this rare opportunity to own one of the newest mixed use/commercial buildings in the heart of North Lake Tahoe’s Redevelopment Core with the ability to have a commercial space below and living quarters above, true live work space. Custom built by the current owners in 2003, this exceptional property shines in the Kings Beach downtown center. This prime corner location sits on a high-traffic corridor with fantastic visibility on North Lake Blvd and Fox Street. Mountain rustic meets farmhouse in this beautifully designed building offering a timeless Tahoe feel with cedar and stone exterior and beautifully landscaped grounds. Previously home to an interior design studio and salon, the inside is equally as impressive and custom as the exterior. Gorgeous vaulted ceilings, custom lighting throughout, and a blend of rustic concrete and wood flooring look amazing against the metal railings and metal wall accents. Exposed wood beams add further character, while the massive windows bring in the outdoor beauty of Lake Tahoe. The spacious second-floor has so much potential and offers so many options. This large area is plumbed and has a massive loft area outside of a large separate room that could easily be a bedroom, office, or wherever your imagination takes you. This room currently houses a salon and is perfect for an owner-user, showroom, sales office, restaurant, bedroom, there are so many possibilities and so much potential. With the exposure on both North Lake Blvd and Fox Street combined with the outstanding curb appeal, this gem is impossible to miss. Any number of businesses would thrive in this unique space!

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

Listing Details

Status Withdrawn
MLS # 20252073
Days on Market 576
Price/Sq Ft $914

Property History

Sep 06, 2025
Listed for sale
$1,825,000
Property Overview
Beds 1
Baths 1.0
Sq. Ft. 1,997
Year Built 2003
Property Type Single Family Residence
Style Mountain
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 090192001
Parking
Parking Features None
Exterior & Lot
Lot Features Street
View Trees/Woods, Mountain(s), City
Construction Frame, Masonry, Wood Siding
Roof Composition, Metal
Utilities & Systems
Heating Natural Gas, CFAH
📊

STR Investment Analysis

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

STR Investment Analysis

Yellow Zone
STRUCTURAL SCORE Standard
54
PROJECTED GROSS ANNUAL REVENUE
$40K – $60K typically ~$50,000
~$4,167 per month
Avg Nightly
$304
Occupancy
45%
Cap Rate
1.1%

STR Investment Summary — 8703 North Lake Boulevard, Kings Beach

Est. Gross Annual Revenue
$40K – $60K
typically ~$50,000
Avg Nightly Rate
$304
Projected Occupancy
45.0%
Cap Rate
1.1%
Structural Score: 54 / 100 (Standard) · STR Zone: Yellow

Nightly rates and occupancy from Kings Beach market data (118 comparable 2-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.

Home Insurance Estimate

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

$4,300 – $5,000/yr
about $388/mo
Est. Rebuild Cost (Coverage A)
$838,740
FAIR Plan (fire)
$3,600/yr
DIC wrap (theft, water, liability)
$700 – $1,400/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

$11,237 per month
Principal & interest
$9,228/mo
Property taxes
$1,621/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
$388/mo
CA FAIR Plan + DIC estimate, ~$4,300–$5,000/yr — wildfire-zone rates vary; not a bindable quote.
Down payment
20% ($365,000)
Home price
$1,825,000
Loan details
30-yr fixed, 6.5%
Request a Tour

We'll contact you soon.

Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

Send a Message

Or call directly: (530) 317-0373