$395,000 Active Partial Ownership
Heads up: This listing is a partial ownership / fractional share — you would be buying a share of the property (not the whole home). Carefully review the listing details and any ownership documents before making an offer.
8000 North Lake Boulevard #5
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.
📋 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.
3 Beds
·
2.5 Baths
·
1,788 Sq Ft
Virtual Tour

Our data on this home

About This Property

Situated in the center of Kings Beach at the junction of Highway 267 and Highway 28, Sweetbriar Condominiums offers one of North Lake Tahoe’s most sought-after fractional ownership opportunities, combining the ultimate summer beachfront lifestyle with ideal winter proximity to Northstar for world-class skiing. This gated lakefront community features direct sandy beach access, perfect for swimming, paddleboarding, boating, and sunsets, while being just minutes from lifts, après, and mountain winter activities. This 1/6th ownership provides 8–9 weeks annually on a rotating calendar and includes premium 2026 dates, including summer weeks and Thanksgiving. Owners are currently in 3rd position for the 2026 selection cycle and will move to 2nd position in 2027, offering strong future priority. Lakefront #5 is also one of only two lakefront residences in the community that recently replaced all heating elements, including brass valves and new tubing, a valuable upgrade for long-term comfort and reliability. Sweetbriar consists of just twelve residences, six lakefront and six garden units, each designed specifically for fractional ownership with individual APNs, shared scheduling, and turnkey, fully furnished interiors. The gated waterfront setting includes buoy access available seasonally through the HOA, and this residence offers a private attached garage. The residence is also available for rental when not in owner use, providing additional flexibility for fractional owners. The comprehensive HOA covers nearly all ownership expenses, including gas, electric, water, sewer, sanitation, trash, cable TV, Wi-Fi, phone, insurance, snow removal, and landscaping; owners are responsible only for individually billed property taxes.

Listed by Christopher Botto — Tahoe Mountain Realty

Listing Details

Status Active
MLS # 20261188
Days on Market 143
Price/Sq Ft $221

Property History

Jun 17, 2026
Listed for sale
$395,000

Sale History · changed hands 2×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Jul 2020 · via MLS history $237,500 — —
Mar 2024 $400,000 (+68%) Jason WatersTahoe Mountain Realty Shane JonesTahoe Mountain Realty

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 3
Baths 2.5
Sq. Ft. 1,788
Year Built 1991
Property Type Timeshare
Style Mountain
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 117180047530
Parking
Garage Spaces 1
Parking Features One, Attached
Attached Garage Yes
Exterior & Lot
View Lake, Panoramic-Lake
Financial
HOA Fee $567 / Monthly
HOA & Community
Community Amenities Beach Access
📊

STR Investment Analysis

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

STR Investment Analysis

STR analysis
STRUCTURAL SCORE —
—
PROJECTED GROSS ANNUAL REVENUE
—
~— per month
Avg Nightly
—
Occupancy
—
Cap Rate
—

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Estimated above allowance
1,091 sq ft covered of 13 sq ft allowed
TRPA's map estimates show more existing coverage than the estimated allowance. Both are estimates, not a ruling: a Land Capability Verification sets the real allowance, and coverage built before TRPA's rules is often legally existing.
Parcel Size
1,312 sq ft
Allowed Coverage · est.
13 sq ft · 1%
Existing Coverage · est.
1,091 sq ft · 83%
Addable Coverage
0 sq ft

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

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

$2,915 per month
Principal & interest
$1,997/mo
Property taxes
$351/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
$567/mo
From MLS listing data.
Home insurance
$0/mo
Timeshare or fractional share — no whole home to insure, so no insurance estimate.
Down payment
20% ($79,000)
Home price
$395,000
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