$680,000 Active
1001 Commonwealth Drive #151
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.
3 Beds
·
2.0 Baths
·
1,566 Sq Ft
Virtual Tour

About This Property

Discover the perfect location to experience all that Lake Tahoe has to offer in this bright and sunny townhome, where the soothing sounds of Griff Creek can be enjoyed from two expansive back decks. This spacious residence accommodates everyone with three bedrooms, two full baths, and a bonus loft that provides additional sleeping space. The beautifully remodeled kitchen serves as the centerpiece of the great room, which is further enhanced by a cozy wood-burning fireplace, creating an inviting atmosphere for relaxation and entertainment. Ample storage throughout ensures that all your Tahoe toys can be conveniently stowed away. With Lake Tahoe and Northstar just minutes away, a wealth of recreational opportunities awaits. Additionally, the Kingswood Village Homeowners Association offers a range of amenities, including a lovely pool, bocce courts, kayak storage, tennis facilities, a clubhouse, and more, making this townhome an ideal retreat for both adventure and leisure

Listed by Kane Schaller — Dickson Realty

Listing Details

Status Active
MLS # 20260706
Price/Sq Ft $434

Property History

May 04, 2026
Listed for sale
$680,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,566
Stories 3
Year Built 1973
Property Type Residential
Style Mountain
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 111-240-025
Parking
Parking Features None
Exterior & Lot
Exterior Features Pantry,High Ceilings
Lot Features Level
View Wooded,River/Creek
Roof Composition
Foundation Perim Concrete
Utilities & Systems
Heating Natural Gas,CFAH
Financial
HOA Fee $796
HOA / Community https://www.kvpoa.org/
HOA & Community
Community Amenities Pool,Tennis Courts,Exercise Equipment
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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 — 1001 Commonwealth Drive #151, Kings Beach

Est. Annual Revenue
$37,921
Avg Nightly Rate
$314
Projected Occupancy
32.5%
Cap Rate
2.2%
Structural Score: 52 / 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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($136,000)
Home price
$680,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC
(530) 317-0373

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