$419,000 Active
1001 Commonwealth Drive #189
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
·
1.5 Baths
·
979 Sq Ft

About This Property

Enjoy the tranquility and central convenience of this inviting Kingswood Village end-unit condo, ideally situated to embrace the North Lake Tahoe lifestyle. Offering approximately 979 square feet across three thoughtfully designed levels, this mountain retreat enjoys peaceful greenbelt views while placing shops, restaurants, beaches, golf, and year-round recreation within easy reach, with Northstar California Resort just a short drive away. The entry level features a comfortable bedroom, full bathroom, and convenient in-unit laundry. Upstairs, the main living level opens into a bright and welcoming gathering space highlighted by a lofted ceiling and an open layout connecting the living room, kitchen, and dining area with serene greenbelt view. The top level offers a spacious open loft overlooking the living area, complemented by its own half bathroom and another peaceful greenbelt view. This flexible space is ideal for accommodating guests, creating a home office, or providing an additional lounge or sleeping area. Kingswood Village further enhances the Tahoe experience with an impressive collection of HOA amenities, including a swimming pool and spa, two tennis courts, two pickleball courts, and a bocce ball court. Whether envisioned as a full-time residence or mountain getaway, this well-positioned end unit combines a versatile floor plan, desirable community amenities, and convenient access to the best of Kings Beach and North Lake Tahoe.

Listed by Sam Holmes — Coldwell Banker Select Real Es

Listing Details

Status Active
MLS # 20261991
Days on Market 1
Price/Sq Ft $428

Property History

Sep 19, 2026
Listed for sale
$419,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Nov 2008 · county record $300,000 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.

Property Overview
Beds 1
Baths 1.5
Sq. Ft. 979
Year Built 1974
Property Type Residential
Style Other
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 111260013000
Parking
Parking Features None
Exterior & Lot
Lot Features Greenbelt, Tennis Court
View Trees/Woods
Construction Frame, Wood Siding
Roof Composition
Foundation Concrete Perimeter
Utilities & Systems
Heating Natural Gas
Financial
HOA Fee $796 / Monthly
HOA & Community
Community Amenities Pool, Tennis Court(s)
📊

STR Investment Analysis

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

STR Investment Analysis

Yellow Zone
STRUCTURAL SCORE Standard
50
PROJECTED GROSS ANNUAL REVENUE
$30K – $50K typically ~$40,000
~$3,333 per month
Avg Nightly
$244
Occupancy
45%
Cap Rate
3.8%

STR Investment Summary — 1001 Commonwealth Drive #189, Kings Beach

Est. Gross Annual Revenue
$30K – $50K
typically ~$40,000
Avg Nightly Rate
$244
Projected Occupancy
45.0%
Cap Rate
3.8%
Structural Score: 50 / 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
448 sq ft covered of 154 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
618 sq ft
Allowed Coverage
154 sq ft · 25%
Existing Coverage
448 sq ft · 73%
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% ($83,800)
Home price
$419,000
Loan details
30-yr fixed, 6.5%
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