$499,000 Active
1001 Commonwealth Drive #180
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

About This Property

Welcome to your beautifully decorated, quiet condo in Kingswood West Village! Centrally located, unit #180 features a spacious, bright, and open floor plan with high ceilings. This charming tri-level condo offers a functional layout with the primary bedroom and bathroom on the first level, the kitchen, dining, and living areas on the second level, and a loft on the third level. Enjoy the warmth of a wood-burning fireplace in the winter or relax on the deck off the living room while taking in the fresh mountain air. This condo is perfect for year-round enjoyment, offering convenient access to Highway 267 for quick trips to local restaurants, shops, Lake Tahoe, and premier ski areas, including Northstar, Diamond Peak, Palisades, and Alpine. Come enjoy the end of summer in Tahoe and get your skis ready for winter!

Listed by Joanna Vasquez — Redfin Corporation

Listing Details

Status Active
MLS # 20261893
Days on Market 2
Price/Sq Ft $510

Property History

Sep 04, 2026
Listed for sale
$499,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Oct 2023 $495,000 Kristina MattsonChase International - TC Amy LevyColdwell Banker Realty

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.

Property Overview
Beds 1
Baths 1.0
Sq. Ft. 979
Year Built 1974
Property Type Residential
Style Other
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 111260022000
Parking
Parking Features None, Other
Exterior & Lot
Lot Features Street, Rental History
View Trees/Woods, Mountain(s)
Construction Frame
Roof Flat
Foundation Concrete Perimeter
Utilities & Systems
Heating Natural Gas
Financial
HOA Fee $795 / Monthly
HOA & Community
Community Amenities Pool, Tennis Court(s), Exercise Equipment
📊

STR Investment Analysis

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

STR Investment Analysis

Yellow Zone
STRUCTURAL SCORE Standard
53
PROJECTED GROSS ANNUAL REVENUE
$35K – $55K typically ~$45,000
~$3,750 per month
Avg Nightly
$274
Occupancy
45%
Cap Rate
3.6%

STR Investment Summary — 1001 Commonwealth Drive #180, Kings Beach

Est. Gross Annual Revenue
$35K – $55K
typically ~$45,000
Avg Nightly Rate
$274
Projected Occupancy
45.0%
Cap Rate
3.6%
Structural Score: 53 / 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
614 sq ft covered of 157 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
627 sq ft
Allowed Coverage
157 sq ft · 25%
Existing Coverage
614 sq ft · 98%
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

Residential < 3000 · 2011-02-03
DONE
WOOD DECK > 30" ABOVE GRADE PHASE 4 COVERED DECK-----------206 TRPA AT TRPA UNIT 180
Permit #0730 40754.11
Building/Residential/Full Review/NA
DONE
Permit #TCON 4827-1
Building/Residential/Full Review/NA
DONE
Permit #TCON 58968-5

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

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% ($99,800)
Home price
$499,000
Loan details
30-yr fixed, 6.5%
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