1001 Commonwealth Drive #135, Kings Beach, CA 96143

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This income producer has been busy, but you still have time to get into the end of summer fun at Tahoe, close to the lake with boating and golfing access less than 5 minutes away. Easy to move right in and all set up for immediate occupancy as it is a turnkey rental with great income. Meticulously remodeled throughout, this Kingswood Village home is located just a couple of minutes to Lake Tahoe's north shore. Light and bright and just a few steps from your car, the recently updated and well-appointed townhouse-home rents well to small groups (which is a most popular size to rent) with one full bedroom and a full loft space is set up comfortably. And since this is sold mostly furnished as a convenience to the buyer, you have nothing to do but manage your own time to be there! Location and convenience just 10 miles from Hwy 80, 7 miles to Northstar, and right at the entry to North Lake Tahoe makes this a perfect place to relax and call home while visiting for winter skiing and snow fun, summer and off season hiking, biking, golfing, swimming and boating all just minutes away. Cool off in summer at the pool, soak in the hot tub. Tennis on site and extra courts are in the North Tahoe Regional Park where Pickleball is played daily. Cross country ski trails in the park when snow allows, turn into hiking and biking trials when there is no snow. Boat storage on site allows boaters the use of the North Tahoe Boat Launch 2 miles away. Kayak and SUP storage on site too. During the last several years the sellers have done the heavy lifting for you, they have remodeled and modernized the interior starting with the kitchen which was all replaced with new granite countertops, new cabinetry, new fixtures and appliances. This is not your old condo! Check out the cookware and well stocked cabinets! In addition, a new double pane glass sliding doors on first floor was installed, the new water heater was put in, and the bathroom was totally remodeled. They installed new floors and inside was all freshly painted. The furnishings, beds, linens, as well as the very well stocked kitchen (pots, pans, cooking tools, dishes etc) were all new for the rental uses. Currently there is a STR permit on the Vacasa platform. While this permit cannot be sold with the property, the new owner would find it easier to apply for a new one if so desired. And to help get a new owner in and settled, the seller has agreed to provide 1 year HOA payments prepaid, subject to an acceptable offer of course. That way, while the buyer waits to get their permit in place, the carrying costs will be reduced for them. Call for details!

Price:$524,900
Address:1001 Commonwealth Drive
City:Kings Beach
State:CA
Zip:96143
DOM:345
MLS#:20231813
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:Short term rental, call Sue for availability to show.

Interior Details

Rooms:Loft, Great Room
Floors:Mixed
Fireplace:Living Room, Stone
Heating:Natural Gas
Appliances:Range, Oven, Microwave, Disposal, Dishwasher, Refrigerator, Washer, Dryer
Miscellaneous:High Ceilings, Landscaping, Swimming Pool, Tennis Court, High Speed Internet, Hot Tub

Exterior Details

Stories:Three
Garage Spaces:None
Garage Description:Boat Storage, Other, Parking Pad
Septic:Utility District
Water:Utility District
Topography:Level, Gentle
View:Wooded, River/Creek
Setting:Condo/pud Project

Miscellaneous

Year Built:1972
APN:111-240-042-000
Condition:Extensive Remodel,Like New
Square Feet Source:ASSESSOR

Additional Photos

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Property Location

Listing courtesy of:
Coldwell Banker Realty
Sue Daniels
susan.daniels@cbnorcal.com

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