$1,100,000 Active
490 North Shore Boulevard
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.
📋 STR Permit on File
Placer County's public short-term-rental registry shows a permit on file for this address. Permits don't transfer automatically with a sale — verify current status with the county.
3 Beds
·
2.0 Baths
·
1,135 Sq Ft

About This Property

490 North Shore Blvd, Kings Beach, CA A Rare Tahoe Classic — Fully Remodeled & Turn-Key Tucked in the heart of Kings Beach, this beautifully remodeled 3-bedroom, 2-bathroom cabin is the kind of true Tahoe classic that rarely comes on the market in this condition. Every detail has been thoughtfully updated while preserving the warmth and character that make a classic Tahoe cabin special — the result is a home that feels both authentic and completely move-in ready. Sold turn-key and beautifully furnished, this property is ready to enjoy from day one or step right into service as a strong revenue-producing rental. Whether you're looking for a personal North Shore retreat or a proven income property, this home delivers on both. Location is everything, and this one checks every box: walking distance to the beach for summer days on the lake, and just across the street to the historic Old Brockway Golf Course for a round with mountain views. You're also perfectly positioned for winter, with Northstar, Palisades Tahoe, and Diamond Peak all just a short drive away — making this an ideal four-season basecamp for skiers, riders, and lake lovers alike. Kings Beach's shops, dining, and lake access are all right at your doorstep. Clean, updated, fully equipped, and ideally located near some of Tahoe's best skiing and golf — this is a true gem and a rare find for anyone searching for an old Tahoe classic in this kind of condition. Properties like this don't last long.

Listed by Jeffrey Curry — COMPASS

Listing Details

Status Active
MLS # 20261979
Days on Market 2
Price/Sq Ft $969

Property History

Sep 18, 2026
Listed for sale
$1,100,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Jun 2023 · county record $600,000 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; rows marked via a listing site fill the years the feed misses using that site's public sale record.

Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,135
Lot Size 0.16 acres
Year Built 1957
Property Type Single Family Residence
Style Old Tahoe
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 117200024000
Parking
Parking Features None
Exterior & Lot
Lot Features Street
View Trees/Woods, Golf Course
Construction Frame
Roof Composition
Foundation Slab
Utilities & Systems
Heating Natural Gas
📊

STR Investment Analysis

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

STR Investment Analysis

Yellow Zone
STRUCTURAL SCORE Standard
49
PROJECTED GROSS ANNUAL REVENUE
$35K – $65K typically ~$50,000
~$4,167 per month
Avg Nightly
$304
Occupancy
45%
Cap Rate
1.8%

STR Investment Summary — 490 North Shore Boulevard, Kings Beach

Est. Gross Annual Revenue
$35K – $65K
typically ~$50,000
Avg Nightly Rate
$304
Projected Occupancy
45.0%
Cap Rate
1.8%
Structural Score: 49 / 100 (Standard) · STR Zone: Yellow

Nightly rates and occupancy from Kings Beach market data (177 comparable 3-bedroom rentals, 2026-08); 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.

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
1,942 sq ft covered of 475 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
6,855 sq ft
Allowed Coverage
475 sq ft · 7%
Existing Coverage
1,942 sq ft · 28%
Addable Coverage
0 sq ft

TRPA caps how much of each Tahoe Basin parcel can be covered by impervious surfaces — buildings, driveways, decks. Estimated coverage — data: TRPA GIS / Tahoe Open Data. 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 ↗

Building Permit History

Placer County permit records for this parcel

Building/Residential/Full Review/NA
DONE
Permit #TCON 7314-1
Building/Residential/Full Review/NA
DONE
Permit #TCON R116368
Building/Residential/Full Review/NA
DONE
Permit #TCON 79644
Building/Residential/Full Review/NA
DONE
Permit #TCON 5700

Public permit records from the Placer County permit portal, last checked 2026-09-19. Open permits should be finaled or closed before close of escrow; verify current permit status directly with the county.

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% ($220,000)
Home price
$1,100,000
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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