$529,000 $569,000 ↓ $40,000 reduced Pending
1001 Commonwealth Drive #78
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.
2 Beds
·
2.0 Baths
·
1,422 Sq Ft
Virtual Tour

About This Property

Welcome to this cozy-yet-captivating condo nestled in a picturesque mountain setting, where timeless cabin charm meets easy modern living. Vaulted pine ceilings with exposed beams soar above an open-concept layout, creating a true showstopper that effortlessly blends the living, dining, and kitchen spaces. A gas woodstove adds instant warmth and mountain ambiance—perfect for après-ski evenings or snowy mornings with coffee in hand. The well-appointed kitchen features a newer refrigerator, low-profile microwave, and a welcoming breakfast bar designed for gathering, laughing, and sharing memorable meals. This meticulously maintained two-bedroom, two-bath home also offers a spacious loft and a versatile office that easily functions as a third bedroom—ideal for guests, work-from-home days, or extra sleeping space. Resort-style amenities elevate the lifestyle, including a pool, kids’ wading pool, tennis and pickleball courts, bocce ball, and a fully equipped fitness center. Just a short drive away, you’ll find the heart of Kings Beach with its stunning Tahoe shoreline, dining, and shopping. Enjoy easy access to Brockway Golf Course, world-class skiing at Northstar, and endless hiking and biking trails practically right outside your door. Whether you’re searching for a full-time mountain retreat or the perfect ski-and-lake getaway close to the buzz of Kings Beach, this inviting condo checks all the boxes—and then some. ?????

Listed by Stephanie Fillinger — Engel & Volkers Truckee

Listing Details

Status Pending
MLS # 20260158
Days on Market 197
Sold Date 2026-09-07
Price/Sq Ft $372

Property History

Feb 08, 2026
Listed for sale
$569,000
Jul 04, 2026
Price changed
$529,000
Jul 26, 2026
Pending
$529,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Mar 2019 · county record $380,000 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 2
Baths 2.0
Sq. Ft. 1,422
Year Built 1972
Property Type Residential
Style Mountain
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 111220012
Parking
Parking Features None
Exterior & Lot
Lot Features Street
Construction Frame, Wood Siding
Roof Composition
Foundation Concrete Perimeter
Utilities & Systems
Heating Natural Gas, CFAH
Financial
HOA Fee $798 / Monthly
HOA & Community
Community Amenities Pool
📊

STR Investment Analysis

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

STR Investment Analysis

Yellow Zone
STRUCTURAL SCORE Standard
50
PROJECTED GROSS ANNUAL REVENUE
$26K – $39K typically ~$32,613
~$2,718 per month
Avg Nightly
$199
Occupancy
45%
Cap Rate
2.5%

STR Investment Summary — 1001 Commonwealth Drive #78, Kings Beach

Est. Gross Annual Revenue
$26K – $39K
typically ~$32,613
Avg Nightly Rate
$199
Projected Occupancy
45.0%
Cap Rate
2.5%
Structural Score: 50 / 100 (Standard) · STR Zone: Yellow

Nightly rates and occupancy from Kings Beach market data (113 comparable 2-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
689 sq ft covered of 185 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
739 sq ft
Allowed Coverage
185 sq ft · 25%
Existing Coverage
689 sq ft · 93%
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

No building permits on file with Placer County for this parcel.

Public permit records from the Placer County permit portal, last checked 2026-07-20. 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% ($105,800)
Home price
$529,000
Loan details
30-yr fixed, 6.5%
Request a Tour

We'll contact you soon.

R
Real Estate Tahoe
Real Estate Agent

Send a Message