$12,950,000 $13,500,000 ↓ $550,000 reduced
9902 Lake Street
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.
5 Beds
·
3.5 Baths
·
3,363 Sq Ft

About This Property

9902 Lake Street, once a part of the iconic Hills Brothers Estate, is located in the historic Old Brockway area of Lake Tahoe's north shore. Completed in 2017, this property features a shared pier, set to be installed in the summer of 2026, 72 feet of lake frontage, 5 bedrooms, and 4 bathrooms. Revel in direct backyard access to a sandy beach, a cozy enclave adorned with striking boulder formations and crystal clear blue waters. Located less than half a mile away from the Nevada state line, home to the infamous Cal-Neva Lodge, set to reopen in 2027, the former stomping grounds of Frank Sinatra, The Rat Pack, Marilyn Monroe, and more.

Listed by Amie Quirarte — Serhant California, Inc.

Listing Details

Status Withdrawn
MLS # 20260561
Days on Market 131
Price/Sq Ft $3,851

Property History

Apr 15, 2026
Listed for sale
$13,500,000
Jul 17, 2026
Price reduced
$12,950,000 $13,500,000 ↓ $550,000
Property Overview
Beds 5
Baths 3.5
Sq. Ft. 3,363
Lot Size 0.46 acres
Year Built 2018
Property Type Single Family Residence
Style Other
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 090324002000
Parking
Garage Spaces 3
Parking Features Three, Attached, Heated Garage, Insulated
Attached Garage Yes
Exterior & Lot
Lot Features Rental History
View Lake, Mountain(s)
Roof Composition
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
59
PROJECTED GROSS ANNUAL REVENUE
$369K – $771K typically ~$528,957
~$44,080 per month
Avg Nightly
$4521
Occupancy
32%
Cap Rate
1.6%

STR Investment Summary — 9902 Lake Street, Kings Beach

Est. Gross Annual Revenue
$369K – $771K
typically ~$528,957
Avg Nightly Rate
$4521
Projected Occupancy
32.0%
Cap Rate
1.6%
Structural Score: 59 / 100 (Premium) · STR Zone: Yellow

Based on comparable vacation rental performance data for Kings Beach. Gross of management, cleaning and platform fees. Assumes full-year availability, professional management and dynamic pricing; owner use reduces it. Revenue projections are estimates and may vary.

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
1,532 sq ft covered of 200 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
19,987 sq ft
Allowed Coverage
200 sq ft · 1%
Existing Coverage
1,532 sq ft · 8%
Addable Coverage
0 sq ft
Land Capability · TRPA-verified
1b, 6

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

1 expired permit
RESIDENTIAL: Additions, Accessory Structures, Pools, Demolition, and Other · 2017-11-14
Expired
Install back-up NG generator with transfer switch. RTI with completed CWM plan and pending fire approval. Placed the packet in theprocessing basket. DCB 11/14/17
Permit #BLD17-05211
Residential Limited Plan Review · 2015-09-30
Construction Complete
Electrical to spa
Permit #BLD15-04348
Residential Limited Plan Review · 2015-09-30
Construction Complete
Gas line to fire pit
Permit #BLD15-04349

Public permit records from the Placer County permit portal, last checked 2026-08-22. 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% ($2,590,000)
Home price
$12,950,000
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