$789,000 Pending
8720 Rainbow Avenue
Kings Beach, CA 96143
This home is pending. See 6 similar homes for sale in and around Kings Beach ↓

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✓ 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.
More Lake Tahoe homes for sale where STRs are allowed →
📋 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
·
1,592 Sq Ft

Our data on this home

Short-term rental income $60K – $95K/yr Est. gross · $487/night · 45.0% booked Home insurance $2,400 – $2,800/yr FAIR Plan + DIC wrap, the usual Tahoe setup

About This Property

Enjoy the perfect combination of quality, comfort and convenience in this well-maintained Kings Beach townhome, ideally located just three blocks from sandy beaches, restaurants, shops and all that Kings Beach has to offer. The bright, open living area features simulated wood vinyl floors, a gas-log fireplace and quality finishes throughout, including a slate tile entry, granite countertops, hickory cabinetry and solid wood four-panel doors. The spacious primary suite includes a large walk-in closet. Additional features include an attached garage and tankless water heater. Best of all, there are no HOA dues. The property may also offer short-term rental potential, subject to Placer County STR permitting requirements and availability.

Listed by Bill Leeder — Chase International - TC

Listing Details

Status Pending
MLS # 20262004
Days on Market 45
Price/Sq Ft $496

Property History

Sep 23, 2026
Listed for sale
$789,000
Oct 09, 2026
Pending
$789,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Jan 2010 · county record $275,000 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 2.5
Sq. Ft. 1,592
Year Built 2004
Property Type Residential
Style Mountain
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 090181078
Parking
Garage Spaces 1
Parking Features One, Attached
Attached Garage Yes
Exterior & Lot
Lot Features Street, Rental History
View Trees/Woods
Construction Frame
Roof Composition
Foundation Concrete Perimeter
Utilities & Systems
Heating Natural Gas
📊

STR Investment Analysis

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

STR Investment Analysis

Yellow Zone
STRUCTURAL SCORE Premium
73
PROJECTED GROSS ANNUAL REVENUE
$60K – $95K typically ~$80,000
~$6,667 per month
Avg Nightly
$487
Occupancy
45%
Cap Rate
4.1%

STR Investment Summary — 8720 Rainbow Avenue, Kings Beach

Est. Gross Annual Revenue
$60K – $95K
typically ~$80,000
Avg Nightly Rate
$487
Projected Occupancy
45.0%
Cap Rate
4.1%
Structural Score: 73 / 100 (Premium) · STR Zone: Yellow

Nightly rates and occupancy from Kings Beach market data (173 comparable 3-bedroom rentals, 2026-11); 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

$2,400 – $2,800/yr
about $217/mo
Est. Rebuild Cost (Coverage A)
$477,600
FAIR Plan (fire)
$2,000/yr
DIC wrap (theft, water, liability)
$400 – $800/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

$4,908 per month
Principal & interest
$3,990/mo
Property taxes
$701/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
$217/mo
CA FAIR Plan + DIC estimate, ~$2,400–$2,800/yr — wildfire-zone rates vary; not a bindable quote.
Down payment
20% ($157,800)
Home price
$789,000
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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