About This Property
TWO HOMES ON ONE LOT! Two bedroom and two bath and a Studio with one full bathroom. Beautifully remodeled home featuring an 8-year-old roof and efficient forced-air heating with newly installed ductwork. The home is equipped with top-of-the-line appliances, upgraded plumbing and water lines, and durable copper piping throughout. Step inside to find elegant marble tile in the bathroom and stunning white oak hardwood flooring extending down the hallway into the second bedroom. Warm knotty alder stained trim adds a rich, inviting touch, perfectly complementing the striking labradorite countertop with a dramatic waterfall edge. Natural light pours in through abundant south-facing exposure, creating a bright and welcoming atmosphere. Both units have been enhanced with an updated electrical panel, offering modern convenience and peace of mind. Outside, enjoy ample parking and a spacious yard filled with mature fruit trees, including plum, cherry, and peach perfect for relaxing, entertaining, or enjoying homegrown produce. Close Proximity to Kings Beach Recreation area, sandy beaches, shopping, and local restaurants.
Listing Details
Property History
STR Investment Analysis
Permitted ZoneSTR Investment Summary — 8681 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. 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 ↗Cost Segregation Tax Savings
Estimated first-year bonus depreciation savings