1001 Commonwealth Dr Unit 70 Kings Beach, CA 96143
Estimated payment $3,960/month
Total Views
1,539
1
Bed
1
Bath
979
Sq Ft
$520
Price per Sq Ft
Highlights
- View of Trees or Woods
- Living Room with Fireplace
- Loft
- Kings Beach Elementary School Rated A-
- Mountain Architecture
- Furnished
About This Home
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.
Property Details
Home Type
- Condominium
Year Built
- Built in 1971 | Remodeled
HOA Fees
- $664 Monthly HOA Fees
Parking
- No Garage
Home Design
- Mountain Architecture
- Composition Roof
- Wood Siding
- Concrete Perimeter Foundation
Interior Spaces
- 979 Sq Ft Home
- 3-Story Property
- Furnished
- Free Standing Fireplace
- Living Room with Fireplace
- Loft
- Vinyl Flooring
- Views of Woods
- Surveillance System
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Bathroom
Laundry
- Laundry in Hall
- Dryer
- Washer
Outdoor Features
- Multiple Outdoor Decks
Utilities
- Heating System Uses Natural Gas
- Utility District
Community Details
Overview
- North Laketahoe Community
Recreation
- Tennis Courts
- Community Pool
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/31/2025 07/31/25 | Price Changed | $509,000 | -1.9% | $520 / Sq Ft |
| 06/19/2025 06/19/25 | For Sale | $519,000 | -- | $530 / Sq Ft |
Source: Tahoe Sierra Board of REALTORS®
Similar Homes in the area
Source: Tahoe Sierra Board of REALTORS®
MLS Number: 20251336
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