Turnkey short-term rental – ready for immediate takeover. This is an incredible opportunity to own a fully updated, income-generating property in Kingswood Village, ideal as a personal retreat or short-term rental investment. The home has been recently renovated with brand-new luxury vinyl flooring, custom kitchen cabinets, new countertops in both the kitchen and bathroom, a new garbage disposal, and a water heater with a 10-year warranty. The bathroom was completely remodeled and includes upgraded fixtures, a modern vanity, and mirror all from West Elm and Pottery Barn. The interior is freshly painted and includes new doors throughout. The property is being sold fully furnished (small exclusion list applies), featuring high-quality pieces including a West Elm couch, coffee table, bathroom vanity, and mirror. The home passed inspection in March 2025, offering peace of mind for new ownership. Placer County remains one of the few areas in the Tahoe region with available short-term rental permits with no long waitlists or delays. This unit has a proven rental history and strong income potential going forward. Kingswood Village is a highly desirable, well-maintained community with excellent HOA management. Services include reliable snow removal, defensible space maintenance compliant with fire insurance requirements, and ongoing community enhancements. Community amenities include a pool, kiddie pool, fitness center, tennis, bocce, and pickleball courts, plus RV, boat, and kayak storage. Located just minutes from Kings Beach, Northstar, hiking and biking trails, golf, shopping, dining, and Lake Tahoe. The TART bus stop at the corner offers easy transportation to Northstar and Palisades Tahoe during both summer and winter seasons. Inside, enjoy vaulted open-beam ceilings and a spacious, open-concept living/dining/kitchen area that opens to a large deck—ideal for relaxing or entertaining. A second private deck off the primary bedroom adds peaceful outdoor space. A free-standing gas fireplace creates a cozy ambiance during the winter months, and a bonus loft offers flexible space for guests or a home office. Newer appliances include the stove, microwave, and washing machine. This move-in-ready property checks every box; modern finishes, prime location, proven rental performance, and full furnishings included.
For sale
$519,000
1001 Commonwealth Dr #70, Kings Beach, CA 96143
1beds
1baths
979sqft
Est.:
Condo/Townhome/PUD
Built in 1971
-- sqft lot
$505,200 Zestimate®
$530/sqft
$664/mo HOA
What's special
Modern vanityBonus loftFree-standing gas fireplaceNew garbage disposalModern finishesNew countertopsNewer appliances
- 3 days
- on Zillow |
- 79 |
- 4 |
Zillow last checked: 7 hours ago
Listing updated: June 19, 2025 at 11:11am
Listed by:
Ethan Pontz 530-562-7797,
Coldwell Banker Realty
Source: TSMLS,MLS#: 20251336

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Open house
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
Heating
- Natural Gas, CFAH
Appliances
- Included: Range, Oven, Microwave, Disposal, Dishwasher, Refrigerator, Washer, Dryer
- Laundry: In Hall
Features
- High Ceilings, Loft
- Flooring: Vinyl
- Has fireplace: Yes
- Fireplace features: Fireplace: Living Room, Freestanding, Gas Fireplace
Interior area
- Total interior livable area: 979 sqft
Video & virtual tour
Property
Parking
- Parking features: None
Features
- Levels: Three
- Stories: 3
- Patio & porch: Deck(s): 2
- Has view: Yes
- View description: Trees/Woods
Lot
- Features: Condo/PUD Project, Rental History
- Topography: Level
Details
- Parcel number: 11122000100
- Special conditions: Standard
Construction
Type & style
- Home type: Townhouse
- Architectural style: Mountain
- Property subtype: Condo/Townhome/PUD
Materials
- Frame, Wood Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Updated/Remodeled
- Year built: 1971
Utilities & green energy
- Sewer: Utility District
- Water: Utility District
- Utilities for property: Natural Gas Available
Community & HOA
Community
- Security: Audio Surveillance, Closed Circuit Camera(s)
- Subdivision: North LakeTahoe
HOA
- Has HOA: Yes
- Amenities included: Pool, Tennis Court(s), Other/See Remarks
- HOA fee: $664 monthly
Location
- Region: Kings Beach
Financial & listing details
- Price per square foot: $530/sqft
- Tax assessed value: $203,414
- Annual tax amount: $3,243
- Price range: $519K - $519K
- Date on market: 6/19/2025
- Listing agreement: EXCLUSIVE RIGHT
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