Skip to main content
Save
Ask
Tour
Hide
Share
$519,000
17 Days On Site

1001 Commonwealth Drive 70
Kings Beach, CA 96161

For Sale|Residential|Active
1
Bed
1
Total Bath
979
SqFt
$530
/SqFt
1971
Built
County:
Placer
Listing courtesy of Ethan T Pontz of Coldwell Banker Realty
Call Now: (530) 278-5025
Is this the listing for you? We can help make it yours.
(530) 278-5025
1001 Commonwealth Drive 701001 Commonwealth Drive 701001 Commonwealth Drive 701001 Commonwealth Drive 70
Save
Ask
Tour
Hide
Share

Mortgage Calculator

Monthly Payment (Est.)

$2,368
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2025 Information is deemed reliable but not guaranteed.

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.

Save
Ask
Tour
Hide
Share
Listing Snapshot
Price 
$519,000
Days On Site 
17 Days
Bedrooms 
1
Inside Area (SqFt) 
979 sqft
Total Baths 
1
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1971
MLS® Number 
20251336
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
$664 monthly
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
2 weeks agoListing first seen on site
General Features
Number Of Stories 
3
Parking 
No Garage
SqFt Total 
979
Style 
Mountain
Utilities 
Natural Gas Available
Interior Features
Appliances 
DishwasherDryerRefrigeratorMicrowaveOvenRangeWasherDisposal
Fireplace Features 
GasLiving Room
Flooring 
Vinyl
Furnished 
Furnished
Heating 
Natural Gas
Save
Ask
Tour
Hide
Share
Exterior Features
Construction Details 
FrameWood Siding
Lot Features 
Level
Roof 
Composition
Community Features
Association Amenities 
PoolTennis Court(s)
Association Dues 
664
HOA Fee Frequency 
Monthly
MLS Area 
KINGSWOOD VILLAGE 1-3-1NR
Listing courtesy of Ethan T Pontz of Coldwell Banker Realty



Listing information is provided by Participants of the Tahoe Sierra Board of REALTORS MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, Tahoe Sierra Board of REALTORS MLS.
Data last updated at: 2025-07-07 12:47 AM UTC

Neighborhood & Commute
Source: Walkscore
Save
Ask
Tour
Hide
Share