$425,000 Pending
1001 Commonwealth Drive #91
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.
1 Beds
·
1.0 Baths
·
979 Sq Ft
Virtual Tour

About This Property

Beautifully remodeled end-unit, PRICED TO SELL! This turnkey, fully furnished townhome features newer engineered hardwood flooring throughout, with stylish porcelain tile in the entryway and bathroom. Warm custom knotty pine accent walls, butcher block kitchen countertops, and plantation shutters create the perfect blend of mountain charm and modern comfort. Enjoy resort-style living with exceptional community amenities, including a swimming pool, tennis and pickleball courts, and bocce ball. Additional boat and RV parking makes this an ideal property for outdoor enthusiasts. With nearby hiking trails and easy access to Lake Tahoe's year-round recreation, this home is the perfect mountain retreat. Don't miss what may be one of the best values on the North Shore!

Listed by John Eppolito — Coldwell Banker Select Real Es

Listing Details

Status Pending
MLS # 20261345
Days on Market 53
Sold Date 2026-09-15
Price/Sq Ft $434

Property History

Jul 02, 2026
Listed for sale
$425,000
Aug 17, 2026
Pending
$425,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Oct 2014 · county record $215,000 Deed record — brokerage sides not reported

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 1
Baths 1.0
Sq. Ft. 979
Year Built 1972
Property Type Residential
Style Mountain
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 111220026
Parking
Parking Features None, Other
Exterior & Lot
Lot Features Condo/PUD Project
View Trees/Woods
Construction Frame
Roof Composition
Utilities & Systems
Heating Natural Gas, CFAH
Financial
HOA Fee $796 / Monthly
HOA & Community
Community Amenities Pool, Tennis Court(s), Other/See Remarks
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STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Yellow Zone
STRUCTURAL SCORE Standard
51
PROJECTED GROSS ANNUAL REVENUE
$26K – $37K typically ~$31,727
~$2,644 per month
Avg Nightly
$193
Occupancy
45%
Cap Rate
3.0%

STR Investment Summary — 1001 Commonwealth Drive #91, Kings Beach

Est. Gross Annual Revenue
$26K – $37K
typically ~$31,727
Avg Nightly Rate
$193
Projected Occupancy
45.0%
Cap Rate
3.0%
Structural Score: 51 / 100 (Standard) · STR Zone: Yellow

Nightly rates and occupancy from Kings Beach market data (113 comparable 2-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
311 sq ft covered of 156 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
626 sq ft
Allowed Coverage
156 sq ft · 25%
Existing Coverage
311 sq ft · 50%
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 ↗

Building Permit History

Placer County permit records for this parcel

No building permits on file with Placer County for this parcel.

Public permit records from the Placer County permit portal, last checked 2026-08-04. Open permits should be finaled or closed before close of escrow; verify current permit status directly with the county.

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% ($85,000)
Home price
$425,000
Loan details
30-yr fixed, 6.5%
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