1001 Commonwealth Drive #70, Kings Beach, CA 96143

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Your Tahoe Dream: Vacation Home, Investment Property, or Both Imagine waking up in your own Tahoe retreat, five minutes from the lake, five minutes from Northstar, and a short drive to world-class skiing at Palisades Alpine (20 min) and Heavenly (50 min). When you're not using it yourself, let it work for you, this fully renovated Kingswood Village condo already has a proven short-term rental track record and is ready to generate income from day one. Whether you're searching for the perfect family getaway that comfortably sleeps 6, a turnkey investment, or the rare property that delivers both, this is it. Sold fully furnished (with a small exclusion list), the next owner steps into an established rental model with zero setup required. no renovation, no staging, no deferred maintenance. Everything is brand new, and no detail has been overlooked. The home features brand-new luxury vinyl plank flooring, custom kitchen cabinetry, upgraded countertops in the kitchen and bath, a new garbage disposal, a new furnace, 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, coffee table, and kitchen table, complete the modern, guest-ready look. 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, spa, sauna, 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 aprs-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. With a TART bus stop nearby for easy access to Northstar and Palisades Tahoe, this property combines location, condition, and proven performance into one of the most compelling Tahoe opportunities on the market.

Price:$495,000
Address:1001 Commonwealth Drive
City:Kings Beach
State:CA
Zip:96143
DOM:60
MLS#:20260193
Square Feet:979
Bedrooms:1
Bathrooms:1.0
Lot Size (acres):
Type:Condominium/Townhouse

Additional Info

Area Information

County:Placer
Area:KINGSWOOD VILLAGE 1-3-1NR
Community:North LakeTahoe
Lat/Lng:39.251751, -120.031984
Directions:Up Commonwealth to 1st driveway, unit is on the right

Interior Details

Rooms:Loft
Floors:Vinyl
Fireplace:Living Room, Freestanding, Gas Fireplace
Heating:Natural Gas, CFAH
Appliances:Range, Oven, Microwave, Disposal, Dishwasher, Refrigerator, Washer, Dryer
Miscellaneous:High Ceilings, Rental History

Exterior Details

Stories:Three
Garage Spaces:None
Septic:Utility District
Water:Utility District
Topography:Level
View:Wooded
Setting:Condo/pud Project

Miscellaneous

Year Built:1974
APN:111-220-001-00
Condition:Extensive Remodel
Square Feet Source:ASSESSOR

Additional Photos

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Property Location

Listing courtesy of:
eXp Realty of California, Inc
Ethan Pontz
ethan@ttmountainhomes.com

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