1001 Commonwealth Drive #70 new

Kings Beach,CA 96161

$ 509000

1 Bed

1 Bath

979 SqFt


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 $519

MLS Listing ID 20251915

Bedrooms 1

HOA Fees $664

Year Built 1971

Property Sub-Type Condo/Townhome/PUD

Property Description

Winter-Ready Turnkey Rental or Mountain Retreat. Welcome to your fully renovated, turnkey getaway in Kingswood Village, just in time for ski season. Whether you're looking for a cozy winter escape or a high-performing short-term rental, this beautifully updated unit is ready for immediate enjoyment and income generation. The home features brand-new luxury vinyl plank flooring, custom kitchen cabinetry, upgraded countertops in the kitchen and bath, a new garbage disposal, and a water heater with a 10-year warranty. The bathroom has been completely 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 and coffee table, add to the modern, move-in-ready appeal. This home passed inspection in March 2025, giving you peace of mind. It's being sold fully furnished (with a small exclusion list), and is located in Placer County, one of the few Tahoe areas with available short-term rental permits and no long waitlists. With a proven rental history and strong income potential, this is a smart winter investment. Kingswood Village offers reliable snow removal, defensible space maintenance for fire compliance, and a well-managed HOA. Community amenities include a pool, kiddie pool, fitness center, tennis, pickleball, bocce courts, and storage for RVs, boats, and kayaks. Enjoy vaulted open-beam ceilings and an open-concept layout that opens to a spacious deck, perfect for après-ski relaxation. A second private deck off the primary suite adds tranquil outdoor space, while a free-standing gas fireplace creates the perfect winter ambiance. A bonus loft adds flexibility for guests or a home office, and newer appliances (stove, microwave, washing machine) round out the upgrades. Located just minutes from Kings Beach, Northstar, and endless winter activities, with a TART bus stop nearby for easy access to Northstar and Palisades Tahoe. This home checks all the boxes: updated interiors, ideal location, winter-ready comfort, and a strong rental track record.

Location

State CA

County Placer

Community North Laketahoe

Area Kingswood Village 1-3-1Nr

Interior

Heating Natural Gas,CFAH

Flooring Vinyl

Fireplaces Type Living Room,Freestanding,Gas Fireplace

Laundry Hall

Exterior

View Wooded

Roof Type Composition

Building

Lot Description Condo/PUD Project

Story 3

Foundation Perim Concrete

Sewer Utility District

Water Utility District

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