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$509,000
6 Days On Site

1001 Commonwealth Drive 70
Kings Beach, CA 96143

For Sale|Residential|Active
1
Bed
1
Total Bath
1
Full Bath
979
SqFt
$520
/SqFt
1974
Built
County:
Placer
Listing courtesy of Ethan T Pontz of eXp Realty of California, Inc
1001 Commonwealth Drive 701001 Commonwealth Drive 701001 Commonwealth Drive 701001 Commonwealth Drive 70
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Monthly Payment (Est.)

$2,322
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Turnkey Property with Proven Short-Term Rental History — Ready to Be Taken Over! This fully renovated Kingswood Village condo is an established, income-producing asset being sold fully furnished (with a small exclusion list), allowing the next owner to step into a proven rental model with minimal transition time. With documented short-term rental performance and strong income potential, this is a rare opportunity to acquire a true plug-and-play Tahoe investment without renovation, staging, or setup. The home features brand-new luxury vinyl plank flooring, custom kitchen cabinetry, upgraded countertops in the kitchen and bath, a new garbage disposal, and a water heater with a 10-year warranty. The bathroom has been fully remodeled with stylish fixtures and finishes from West Elm and Pottery Barn. Fresh paint, new interior doors, and high-end furnishings, including a West Elm couch and coffee table, enhance the modern, guest-ready appeal. The property passed inspection in March 2025, providing added confidence for investors. Kingswood Village offers reliable snow removal, defensible space maintenance for fire compliance, and a well-managed HOA key advantages for part-time owners and short-term rental operators. Community amenities include a pool, kiddie pool, fitness center, tennis, pickleball, bocce courts, and storage for RVs, boats, and kayaks—features that drive year-round rental demand. Inside, vaulted open-beam ceilings and an open-concept layout flow to a spacious deck ideal for après-ski relaxation. A second private deck off the primary suite adds valuable outdoor space, while a freestanding gas fireplace creates the winter ambiance guests seek. A bonus loft offers additional sleeping or flexible use space, and newer appliances (stove, microwave, washing machine) round out the thoughtful upgrades. Located just minutes from Kings Beach, Northstar, and year-round recreation with a TART bus stop nearby for convenient access to Northstar and Palisades Tahoe. This property combines location, condition, and proven performance into a compelling Tahoe investment opportunity.

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Listing Snapshot
Price 
$509,000
Days On Site 
6 Days
Bedrooms 
1
Inside Area (SqFt) 
979 sqft
Total Baths 
1
Full Baths 
1
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1974
MLS® Number 
20260193
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
6 days agoListing updated with changes from the MLS®
6 days agoListing first seen on site
General Features
Number Of Stories 
3
Parking 
No Garage
SqFt Total 
979
Style 
Mountain
Utilities 
Natural Gas Available
Interior Features
Appliances 
DishwasherDryerRefrigeratorMicrowaveOvenRangeWasherDisposal
Fireplace Features 
GasLiving Room
Flooring 
Vinyl
Furnished 
Furnished
Heating 
Natural Gas
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Exterior Features
Construction Details 
FrameWood Siding
Lot Features 
Level
Roof 
Composition
Community Features
Association Amenities 
PoolTennis Court(s)
MLS Area 
KINGSWOOD VILLAGE 1-3-1NR
Listing courtesy of Ethan T Pontz of eXp Realty of California, Inc



Listing information is provided by Participants of the Tahoe Sierra Board of REALTORS MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Tahoe Sierra Board of REALTORS MLS.
Data last updated at: 2026-02-19 10:06 PM UTC

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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