$1,345,000 Active
1020 Cambridge Drive
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.
4 Beds
·
2.5 Baths
·
2,008 Sq Ft
Virtual Tour

About This Property

This stunning 4-bedroom, 2.5-bath home in the desirable Kingswood Estates has been completely remodeled to perfection. Nestled in a peaceful mountain setting, the property backs up to the Beaver Trail and surrounding forest, with a tranquil creek nearby and a wooded walking path providing a scenic connection to the beach. Enjoy the convenience of the TART Connect shuttle at the end of Cambridge Drive, offering effortless access to North Shore dining, shopping, and entertainment without the need for a car. Perfectly situated moments from Kings Beach, the boat launch, and world-class skiing at Northstar, Diamond Peak, Mt. Rose, Alpine Meadows, and Palisades, this home is an outdoor enthusiast's dream surrounded by endless hiking and biking trails. Situated in a quiet HOA with low annual dues of just $172, this is an incredible opportunity to enjoy Tahoe through the end of summer and prepare for the upcoming ski season.

Listed by Joanna Vasquez — Redfin Corporation

Listing Details

Status Active
MLS # 20261513
Days on Market 5
Price/Sq Ft $670

Property History

Jul 21, 2026
Listed for sale
$1,345,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Sep 2020 · county record $590,000 Deed record — brokerage sides not reported

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.

Property Overview
Beds 4
Baths 2.5
Sq. Ft. 2,008
Lot Size 0.35 acres
Year Built 1978
Property Type Single Family Residence
Style Contemporary
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 11117001600
Parking
Parking Features None
Exterior & Lot
Lot Features Street, Rental History
View Trees/Woods
Construction Frame
Roof Composition
Foundation Concrete Perimeter
Utilities & Systems
Heating Natural Gas
Financial
HOA Fee $172 / Annually
HOA & Community
Community Amenities Other/See Remarks
📊

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 — 1020 Cambridge Drive, Kings Beach

Est. Annual Revenue
$55,976
Avg Nightly Rate
$309
Projected Occupancy
49.5%
Cap Rate
1.7%
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.

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Room to build
2,079 sq ft covered of 4,596 sq ft allowed
2,517 sq ft of coverage still available to add.
Parcel Size
15,320 sq ft
Allowed Coverage
4,596 sq ft · 30%
Existing Coverage
2,079 sq ft · 14%
Addable Coverage
2,517 sq ft

TRPA caps how much of each Tahoe Basin parcel can be covered by impervious surfaces — buildings, driveways, decks. Figures come from TRPA's public parcel data and are estimates; verify before relying on them for a build or purchase.

Verify on Tahoe Info ↗

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% ($269,000)
Home price
$1,345,000
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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