$795,000 Active
8681 Rainbow Avenue
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.
2 Beds
·
844 Sq Ft

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.

Listed by Dione Aguirre — Inspired Real Estate Group Inc

Listing Details

Status Active
MLS # 20261650
Days on Market 1
Price/Sq Ft $942

Property History

Aug 06, 2026
Listed for sale
$795,000
Property Overview
Beds 2
Sq. Ft. 844
Lot Size 0.14 acres
Year Built 1953
Property Type Single Family Residence
Style Old Tahoe
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 090116048000
Parking
Parking Features None, Parking Pad
Exterior & Lot
Lot Features Street
View Trees/Woods
Construction Frame, Wood Siding
Roof Composition
Foundation Pillar/Post/Pier, Slab
Utilities & Systems
Heating Natural Gas, Electric
📊

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 — 8681 Rainbow Avenue, Kings Beach

Est. Annual Revenue
$38,114
Avg Nightly Rate
$199
Projected Occupancy
52.7%
Cap Rate
1.9%
Structural Score: 47 / 100 (Standard) · STR Zone: Yellow

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

Over coverage limit
2,508 sq ft covered of 1,564 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
6,256 sq ft
Allowed Coverage
1,564 sq ft · 25%
Existing Coverage
2,508 sq ft · 40%
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 ↗

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% ($159,000)
Home price
$795,000
Loan details
30-yr fixed, 6.5%
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