$680,000 Closed
1001 Commonwealth Drive #151
Kings Beach, CA 96143
SOLD 2026-08-14
Sold for $658,000 (listed at $680,000)
3 Beds
·
2.0 Baths
·
1,566 Sq Ft
Virtual Tour

About This Property

Discover the perfect location to experience all that Lake Tahoe has to offer in this bright and sunny townhome, where the soothing sounds of Griff Creek can be enjoyed from two expansive back decks. This spacious residence accommodates everyone with three bedrooms, two full baths, and a bonus loft that provides additional sleeping space. The beautifully remodeled kitchen serves as the centerpiece of the great room, which is further enhanced by a cozy wood-burning fireplace, creating an inviting atmosphere for relaxation and entertainment. Ample storage throughout ensures that all your Tahoe toys can be conveniently stowed away. With Lake Tahoe and Northstar just minutes away, a wealth of recreational opportunities awaits. Additionally, the Kingswood Village Homeowners Association offers a range of amenities, including a lovely pool, bocce courts, kayak storage, tennis facilities, a clubhouse, and more, making this townhome an ideal retreat for both adventure and leisure

Listed by Kane Schaller — Dickson Realty

Listing Details

Status Closed
MLS # 20260706
Sold Date 2026-08-14
Sold Price $658,000
Price/Sq Ft $434

Property History

May 04, 2026
Listed for sale
$680,000
Aug 14, 2026
Sold
$658,000

Sale History · changed hands 2×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Nov 1997 · county record $140,000 Deed record — brokerage sides not reported
Aug 2026 · this listing $658,000 (+370%) Kane SchallerDickson Realty Jenna BeldenCOMPASS

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 3
Baths 2.0
Sq. Ft. 1,566
Year Built 1973
Property Type Residential
Style Mountain
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 111240025
Parking
Parking Features None
Exterior & Lot
Lot Features Condo/PUD Project
View Trees/Woods, Water
Roof Composition
Foundation Concrete Perimeter
Utilities & Systems
Heating Natural Gas, CFAH
Financial
HOA Fee $796 / Monthly
HOA & Community
Community Amenities Pool, Tennis Court(s), Exercise Equipment

STR Investment Summary — 1001 Commonwealth Drive #151, Kings Beach

Est. Gross Annual Revenue
$14K – $39K
typically ~$26,608
Avg Nightly Rate
$162
Projected Occupancy
45.0%
Cap Rate
1.6%
Structural Score: 52 / 100 (Standard) · STR Zone: Yellow

Nightly rates and occupancy from Kings Beach market data (177 comparable 3-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
785 sq ft covered of 236 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
785 sq ft
Allowed Coverage
236 sq ft · 30%
Existing Coverage
785 sq ft · 100%
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 ↗
Request a Tour

We'll contact you soon.

R
Real Estate Tahoe
Real Estate Agent

Send a Message