$105,000 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.
8004 North Lake Boulevard #5
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
·
802 Sq Ft

About This Property

Beautiful lakefront community located on the North Shore of world-famous Lake Tahoe. Enter your 2-bedroom, 2 bath second floor condo, with a peek of the lake, and you will find everything you need for your stay, fully equipped kitchen, all Linens for beds and baths and beautifully decorated. Laundry facilities and BBQ just steps away, and a pathway to the white, sandy beach for your year-round enjoyment. This property is gated with an intimate feel with only 12 units’ total. This 1/6th shared ownership gives each owner 8 weeks’ use per year. You may rent out any unused weeks. You only pay HOA dues of $323 per month which cover everything except your personal property taxes and cleaning fee after your stay. Ten-minute drive to Northstar and thirty minutes to Palisades Tahoe. Across the street is the Brockway Springs golf course with an amazing restaurant. It is a very short walk to the center of Kings Beach, with shops and restaurants and Water Play Venders. Sellers have these weeks booked for 2026: 4/10-4/17, 6/26-7/10-(2 weeks), 8/21-8/28, 9/25-10/9- (2 weeks). Sorry, no pets allowed. There is no financing available, purchase must be all cash.

Listed by Greg Rankin — Chase International - TC

Listing Details

Status Active
MLS # 20260419
Days on Market 126
Price/Sq Ft $131

Property History

Mar 27, 2026
Listed for sale
$105,000

Sale History · changed hands 2×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Jun 2021 · county record $80,000 Deed record — brokerage sides not reported
Dec 2025 $95,000 (+19%) Greg RankinChase International - TC Karen DegneySierra Sotheby's Int - Rock

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. 802
Year Built 1998
Property Type Timeshare
Style Contemporary
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 117230005590
Parking
Parking Features None
Exterior & Lot
View Lake, Peek
Roof Composition
Foundation Slab
Utilities & Systems
Heating Natural Gas, CFAH
Financial
HOA Fee $353 / Monthly
HOA & Community
Community Amenities Beach Access
📊

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 — 8004 North Lake Boulevard #5, Kings Beach

Est. Annual Revenue
$39,632
Avg Nightly Rate
$202
Projected Occupancy
53.7%
Cap Rate
15.1%
Structural Score: 51 / 100 (Standard) · STR Zone: Yellow

Based on comparable vacation rental performance data for Kings Beach. Revenue projections are estimates and may vary.

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% ($21,000)
Home price
$105,000
Loan details
30-yr fixed, 6.5%
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