$1,300,000 Active
1130 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.
3 Beds
·
2.5 Baths
·
2,085 Sq Ft

About This Property

Warm, inviting, and effortlessly Tahoe, this beautifully maintained home offers the perfect balance of comfort, convenience, and mountain living. Filled with natural light and designed for everyday living, it's a place where you can truly settle in. Its central location makes enjoying everything Tahoe has to offer incredibly easy. Northstar is just 10 minutes away, while Truckee, Tahoe City, and Incline Village are all within approximately 15 to 20 minutes. For outdoor enthusiasts, the Brockway Summit trailhead to the Tahoe Rim Trail is just a short drive away, making hiking, biking, and year-round adventures part of your everyday lifestyle. Whether you're skiing in the morning, spending the afternoon on the lake, everything is within easy reach. Pride of ownership is evident throughout the home. The kitchen was beautifully updated in 2021 with new appliances, the exterior was professionally stained in the summer of 2025, and central air conditioning was added that same year, providing a welcome retreat after warm summer days on the lake or trail. One of the home's most unique features is the dedicated gym and wellness space, thoughtfully incorporated by the original builder alongside the sauna. Whether you envision a home gym, gear room, yoga studio, kids' hangout, or additional recreation space, this flexible bonus area easily adapts to your lifestyle. After a day spent skiing, hiking, or biking, unwind in the sauna before soaking in the hot tub just outside the primary suite—a true Tahoe luxury. Beautifully maintained, thoughtfully updated, and ideally located, this home offers the rare opportunity to spend less time maintaining and more time enjoying everything Tahoe has to offer.

Listed by Lindsay Buchanan — Sierra Sotheby's Int - Rock

Listing Details

Status Active
MLS # 20261336
Days on Market 1
Price/Sq Ft $624

Property History

Jul 01, 2026
Listed for sale
$1,300,000
Property Overview
Beds 3
Baths 2.5
Sq. Ft. 2,085
Lot Size 0.30 acres
Year Built 2004
Property Type Single Family Residence
Style Mountain
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 111140024000
Parking
Garage Spaces 2
Parking Features Two, Attached, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Lot Features Street
View Trees/Woods
Construction Frame, Wood Siding
Roof Composition
Foundation Concrete Perimeter
Utilities & Systems
Heating Natural Gas, CFAH
Cooling Air Conditioning
Financial
HOA Fee $148 / Annually
📊

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 — 1130 Canterbury Drive, Kings Beach

Est. Annual Revenue
$68,564
Avg Nightly Rate
$515
Projected Occupancy
36.2%
Cap Rate
2.1%
Structural Score: 56 / 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% ($260,000)
Home price
$1,300,000
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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