Kings Beach, CA 96161,1001 Commonwealth Drive #70
Kings Beach, CA 96161,1001 Commonwealth Drive #70
Kings Beach, CA 96161,1001 Commonwealth Drive #70
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$509,000
Est. payment /mo
1 Bed
1 Bath
979 SqFt
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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

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


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Listed by Ethan T Pontz • Coldwell Banker Realty

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agent

Jim Amen

+1(916) 718-8604

Broker | CA DRE#01841461

Broker CA DRE#01841461

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