1001 Commonwealth Drive #70, Kings Beach, CA 96161

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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.

Price:$499,999
Address:1001 Commonwealth Drive
City:Kings Beach
State:CA
Zip:96161
DOM:52
MLS#:20251915
Square Feet:979
Bedrooms:1
Bathrooms:1.0
Lot Size (acres):
Type:Condominium/Townhouse

Additional Info

Area Information

County:Placer
Area:KINGSWOOD VILLAGE 1-3-1NR
Community:North LakeTahoe
Lat/Lng:39.251751, -120.031984
Directions:Up Commonwealth to 1st driveway, unit is on the right

Interior Details

Rooms:Loft
Floors:Vinyl
Fireplace:Living Room, Freestanding, Gas Fireplace
Heating:Natural Gas, CFAH
Appliances:Range, Oven, Microwave, Disposal, Dishwasher, Refrigerator, Washer, Dryer
Miscellaneous:High Ceilings, Rental History

Exterior Details

Stories:Three
Garage Spaces:None
Septic:Utility District
Water:Utility District
Topography:Level
View:Wooded
Setting:Condo/pud Project

Miscellaneous

Year Built:1971
APN:111-220-001-00
Condition:Extensive Remodel
Square Feet Source:ASSESSOR

Additional Photos

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Property Location

Listing courtesy of:
Coldwell Banker Realty
Ethan Pontz
[email protected]

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