About This Property
Beautifully remodeled 2-bedroom + loft, 2-bath townhome in Kings Beach's Kingswood Village, just minutes from Lake Tahoe's shoreline, downtown Kings Beach, and Northstar California Resort. This 1,422 sq ft home is move-in ready and perfectly timed for fall, with two private decks for indoor-outdoor living and a spacious loft overlooking the great room. The interior has been extensively updated: refreshed kitchen with soft-close cabinetry and quiet stainless steel appliances, remodeled bathrooms, new luxury vinyl plank flooring, newer carpet and washer/dryer, fresh paint, and solid pine doors throughout. The lower level offers two bedrooms, a full bath, and laundry, including a private primary suite deck. Upstairs, the main living area opens to a second deck, with a flexible alcove for dining, office, or storage nearby, and a loft ideal for extra sleeping space, media, or reading. Set back from the road and backed by Cambridge Street for added privacy, the home is just a stone's throw to Lake Tahoe's pristine beaches, Brockway Golf Course, hiking/biking trails, and year-round outdoor recreation. Kingswood Village HOA amenities include a pool, spa, fitness center, tennis, pickleball, basketball, and bocce. From lake days to powder days, this one delivers Tahoe living at its best, year-round!
Listing Details
Property History
Sale History · changed hands 1×
| Sold | Price | Listing agent (sell side) | Buyer agent (buy side) |
|---|---|---|---|
| Mar 2021 · county record | $503,000 | 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; rows marked via a listing site fill the years the feed misses using that site's public sale record.
STR Investment Analysis
Yellow ZoneSTR Investment Summary — 1001 Commonwealth Drive #86, Kings Beach
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
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
Public permit records from the Placer County permit portal, last checked 2026-09-05. 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
