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$ 495,000
Est. payment /mo
Price Dropped by $14K
1001 Commonwealth Drive #70 Kings Beach, CA 96143
1 Bed
1 Bath
979 SqFt
UPDATED:
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 Kingswood Village 1-3-1Nr
MLS Listing ID 20260193
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
Community North Laketahoe
Area Kingswood Village 1-3-1Nr
Interior
Interior Features Loft
Heating Natural Gas, CFAH
Flooring Vinyl
Fireplaces Type Living Room, Freestanding, Gas Fireplace
Laundry Hall
Exterior
View Wooded
Roof Type Composition
Topography Level
Building
Lot Description Condo/PUD Project
Story 3
Foundation Perim Concrete
Sewer Utility District
Water Utility District
Listed by Ethan T Pontz • eXp Realty of California, Inc
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