1001 Commonwealth Drive 70 Kings Beach, CA 96161
Listing Courtesy of: TAHOE SIERRA BOARD OF REALTORS / Coldwell Banker Realty / Ethan Pontz

  1001 Commonwealth Drive 70 Kings Beach, CA 96161

Active (15 Days)
$509,000
1
BED
1
BATH
979
SQFT

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 youre 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. Its 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 aprs-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.

MLS #:
20251915
Type
Condo
Year Built
1971
Style
Mountain
Views
Wooded
County
Placer County
Community
North Laketahoe

Listed By

Ethan Pontz, DRE #02111920 CA, Coldwell Banker Realty
Source
TAHOE SIERRA BOARD OF REALTORS
Last checked Sep 6 2025 at 2:48 AM GMT+0000
Bathroom Details
Interior Features
  • Oven
  • Range
  • Refrigerator
  • Dishwasher
  • Disposal
  • Microwave
  • Washer
  • Dryer
Community Information
  • Yes
Lot Information
  • Level
Property Features
  • Fireplace: Living Room
  • Fireplace: Gas Fireplace
  • Fireplace: Freestanding
  • Foundation: Perim Concrete
Heating and Cooling
  • Cfah
  • Natural Gas
Pool Information
  • Y
Flooring
  • Vinyl
Exterior Features
  • Roof: Composition
Utility Information
  • Utilities: Natural, Utility District
  • Sewer: Utility District
  • Fuel: Gas
Garage
  • See Parking Desc
Stories
  • Three
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
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Interest rate
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Mortgage calculator estimates are provided by Coldwell Banker Real Estate LLC and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Copyright 2025 Tahoe Sierra Board of Realtors. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 9/5/25 19:48