$495,000
1001 Commonwealth Drive #206
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
·
2.0
Baths
·
979
Sq Ft
About This Property
This sunny end unit is a fantastic opportunity in the Kingswood complex. With one bedroom, a loft and two bathrooms, the spacious floor plan makes for easy lake living. Vaulted, open beam ceilings and many windows allow the sunlight to flood the living space while the fireplace centering the living room creates even more warmth on those cold winter nights. World class skiing is just a few minutes away at Northstar and the HOA provides snow removal in parking areas and walkways - creating easy access during storms. In the summer, enjoy two decks in a lovely mountain setting, the HOA swimming pool, access out the door to Forest Service trails for hiking and biking and just a short walk or drive to the shores of Lake Tahoe.
Listed by Chris Hernandez — COMPASS
Listing Details
Status
Active
MLS #
20252462
Days on Market
126
Price/Sq Ft
$506
Property History
Nov 12, 2025
Listed for sale
$495,000
Property Overview
Beds
1
Baths
2.0
Sq. Ft.
979
Stories
3
Year Built
1974
Property Type
Residential
Style
Mountain
Subdivision
North LakeTahoe
APN
111250054000
Parking
Parking Features
None
Exterior & Lot
Exterior Features
High Ceilings
Lot Features
Downslope,Gentle
View
Wooded
Construction
Framed
Roof
Composition
Utilities & Systems
Heating
Natural Gas
Financial
HOA Fee
$796
HOA & Community
Community Amenities
Pool,Tennis Courts,Exercise Equipment,Other/See Remarks
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%
Payment calculator
$0 per month
Principal & interest
$0
Property taxes
$0
HOA dues
$0
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($99,000)
Home price
$495,000
Loan details
30-yr fixed, 6.5%
Send a Message
Or call directly: 9166671444
