$13,500,000 Active
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.
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 Active
MLS # 20260561
Days on Market 81
Price/Sq Ft $4,014

Property History

Apr 15, 2026
Listed for sale
$13,500,000
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

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 — 9902 Lake Street, Kings Beach

Est. Annual Revenue
$547,794
Avg Nightly Rate
$4682
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. 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% ($2,700,000)
Home price
$13,500,000
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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