Active

1001 Commonwealth Drive Unit: 135

Kings Beach CA, 96143

$524,900


$536.16 per sqft

Active

1 Bed

1 Bath

979 sqft

Condo

Built in 1972

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!

20231813

MLS ID

September 24, 2023

Listed

August 31, 2024

Updated

Map

1001 Commonwealth Drive Unit: 135
Kings Beach CA, 96143

Interior Features

Total Stories

3


Bedrooms

1


Total Bathrooms

1


Interior Features

Loft, Great Room


Appliances

Range, Oven, Microwave, Disposal, Dishwasher, Refrigerator, Washer, Dryer


Laundry Description

Hall


Floor Description

Mixed


Fireplace

Yes


Fireplace Description

Living Room, Stone, Woodstove:


Cooling

No


Heating

Yes


Heating Description

Natural Gas

Exterior/Building Features

Exterior Features

Framed, Wooded


Architectual Style

Contemporary


Roof

Composition


Sewer

Utility District

Other Property Details

Area Name

KINGSWOOD VILLAGE 1-3-1NR


Days on Market

342


Association Amenities

Pool, Tennis Courts, Exercise Equipment, Other/See Remarks


Garage

No


Parking

Boat Storage, Other, Parking Pad


View

Yes


View Description

Wooded, River/Creek


County

Placer


Municipality

FINISHED


Water Source

Utility District


Pool

No


Waterfront

Yes


Zoning

multi family

Listing History

Date

Event

Price

7/6/2024

Price change

$524,900

-2%

4/17/2024

Price change

$535,000

-1%

12/4/2023

Price change

$538,000

-3%

Listed by Coldwell Banker Realty, Sue Daniels,
Listing Contact: 530-210-0222 

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