Skip main navigation
For sale
  • $519,000

    1001 Commonwealth Dr #70, Kings Beach, CA 96143

    1beds
    1baths
    979sqft
    : 
    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
    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.
    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#: 20251336MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 1001 Commonwealth Dr #70.

    Next available tour time:Today at 3pm

    Open house

    • Sun, Jun 29

      1:00 PM - 4:00 PM

    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

    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
    • Loading
    • Loading