$1,480,000 Active
1185 Canterbury Drive
Kings Beach, CA 96148
✓ STR Allowed — Permit Required
Placer County STR permit required. County-wide cap of 3,900 permits — new permits available until cap is reached.
3 Beds
·
2.5 Baths
·

About This Property

Retreat to this peaceful, quiet sanctuary bordered by state land and a seasonal springtime creek. Offering serene forested views and abundant off-street parking, this home boasts dramatic vaulted ceilings throughout the upper level. The bright, open-concept floor plan effortlessly blends the kitchen, dining, and living areas—creating an inviting space perfect for entertaining. Home chefs will love the spacious kitchen, complete with premium Silestone countertops, a generous walk-in pantry, an adjacent dining area, and a 4-person eat-in breakfast bar. The two-car garage features a built-in workbench optimized for ski tuning and hobbies, complemented by an additional large storage shed. Out back, the automated irrigation system and deck drip lines are ready for the green-thumb enthusiast to reactivate. Perfectly positioned in North Lake Tahoe, you are just one mile from the vibrant shops, dining, grocery store, and sandy public beaches of Kings Beach, as well as the historic Old Brockway Golf Course. For world-class recreation, Northstar California Resort is a quick 6-mile drive, offering premier skiing, ice skating, a championship golf course, and a bustling village.

Listed by Robert Ormsby — Ormsby Real Estate

Listing Details

Status Active
MLS # 20261290
Days on Market 1

Property History

Jun 26, 2026
Listed for sale
$1,480,000
Property Overview
Beds 3
Baths 2.5
Stories 2
Property Type Single Family Residence
Style Contemporary
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 111-150-002
Parking
Parking Features Two
Exterior & Lot
Exterior Features Landscaping,Hot Tub
View Wooded,Mountain
Construction Framed,Wooded
Utilities & Systems
Heating Natural Gas,CFAH
📊

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 — 1185 Canterbury Drive, Kings Beach

Est. Annual Revenue
$58,882
Avg Nightly Rate
$435
Projected Occupancy
36.8%
Cap Rate
1.6%
Structural Score: 69 / 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% ($296,000)
Home price
$1,480,000
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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