1001 Commonwealth Drive, Kings Beach, CA 96143
1001 Commonwealth Drive, Kings Beach, CA 96143
1001 Commonwealth Drive, Kings Beach, CA 96143
1001 Commonwealth Drive, Kings Beach, CA 96143
1001 Commonwealth Drive, Kings Beach, CA 96143
1001 Commonwealth Drive, Kings Beach, CA 96143
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Larry Peyton

Larry Peyton

+1(775) 219-7503
Listed by Ethan T Pontz eXp Realty of California, Inc 
$ 495,000
Est. payment | /mo

1 Bed

1 Bath

979 SqFt

Save
$ 495,000
Est. payment | /mo
Save

1 Bed

1 Bath

979 SqFt

Open House

Sun May 10, 11:00am - 1:00pm

Key Details

Property Type Condo, Townhouse

Sub Type Condo/Townhome/PUD

Listing Status Active

Purchase Type For Sale

Square Footage 979 sqft

Price per Sqft $505

Subdivision North Laketahoe

MLS Listing ID 20260193

Style Mountain

Bedrooms 1

Full Baths 1

Year Built 1974

Property Sub-Type Condo/Townhome/PUD

Property Description

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 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. 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.

Location

State CA

County Placer

Interior

Interior Features High Ceilings, Loft

Heating Natural Gas, CFAH

Flooring Vinyl

Fireplaces Type Fireplace: Living Room, Freestanding, Gas Fireplace

Fireplace true

Appliance Range, Oven, Microwave, Disposal, Dishwasher, Refrigerator, Washer, Dryer

Laundry In Hall

Exterior

Utilities Available Natural Gas Available

Amenities Available Pool, Tennis Court(s), Other/See Remarks

Waterfront Description Utility District

Roof Type Composition

Topography Level

Porch Deck(s): 2

Garage false

Building

Lot Description Condo/PUD Project, Rental History

Foundation Concrete Perimeter

Sewer Utility District

Water Utility District

Architectural Style Mountain

New Construction No

Others

Tax ID 11122000100

Security Features Audio Surveillance,Closed Circuit Camera(s)

Special Listing Condition Standard

Nearby Locations

Larry Peyton

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(775) 219-7503

larry@peytonre.com

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Peyton Real Estate Collection, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

1001 Commonwealth Drive