$400,000 Active
1240 Canterbury Drive
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.

About This Property

This property in Kingswood Estates features a spacious, gently down-sloping lot that offers a great lower elevation location. It's conveniently situated near beaches, golf courses, shopping, dining, and a variety of entertainment options. Residents can enjoy year-round outdoor recreation in the nearby mountains within a 15- 30 minute drive of several outstanding ski resorts. The lot comes with an impressive IPES score of 803, indicating its suitability for building. With a coverage allowance of 24%, providing a great footprint and ample space for a generous-sized two-story home to be constructed. This property is ideal for those looking to create their dream home in a desirable area with easy access to both nature and attractions.

Listed by Elizabeth Edmunds — Chase International - TC

Listing Details

Status Active
MLS # 20260984
Days on Market 14

Property History

May 22, 2026
Listed for sale
$400,000
Property Overview
Lot Size 0.24 acres
Property Type Single Family Residence
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 111-150-017
Exterior & Lot
Lot Features Downslope,Gentle
View Wooded
📊

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 — 1240 Canterbury Drive, Kings Beach

Est. Annual Revenue
$61,990
Avg Nightly Rate
$299
Projected Occupancy
56.5%
Cap Rate
6.2%
Structural Score: 44 / 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% ($80,000)
Home price
$400,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC
(530) 317-0373

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