About This Property
Welcome to 8689 Rainbow Avenue, a beautifully updated mountain retreat perfectly positioned on a flat, level lot just moments from the heart of Kings Beach. Thoughtfully remodeled throughout, the home's refreshed interior blends modern finishes with the warmth and character of Tahoe living, creating a move-in-ready escape for full-time residents, second homeowners, or investors alike. A standout feature of the property is the separate detached ADU, offering exceptional flexibility for guests, extended family, a private home office, or potential rental income. Outside, the fully fenced backyard provides a secure and inviting space for children, pets, and outdoor entertaining, while the level parcel offers year-round ease of access. Located within walking distance of Kings Beach, you'll enjoy effortless access to Lake Tahoe's sandy shoreline, restaurants, shopping, trails, and year-round recreation. Whether you're searching for a primary residence, vacation getaway, or investment opportunity, 8689 Rainbow Avenue delivers the ideal combination of updated living, versatility, and an unbeatable North Lake Tahoe location.
Listing Details
Property History
Sale History · changed hands 1×
| Sold | Price | Listing agent (sell side) | Buyer agent (buy side) |
|---|---|---|---|
| Oct 2022 | $1,399,000 | Linda GrangerChristie's Int'l R.E. Sereno | Clayton HumphriesCompass |
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.
STR Investment Analysis
Permitted ZoneSTR Investment Summary — 8689 Rainbow Avenue, Kings Beach
Based on comparable vacation rental performance data for Kings Beach. Revenue projections are estimates and may 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. Figures come from TRPA's public parcel data and are estimates; verify before relying on them for a build or purchase.
Verify on Tahoe Info ↗Cost Segregation Tax Savings
Estimated first-year bonus depreciation savings
