# 1001 Commonwealth Drive #70, Kings Beach, CA 96143 > **TL;DR:** 2bd/0ba condo, $449,000 ($459/sqft), built 1974, 979 sqft. > Fireplace. Est. $2,401/mo. Listed 29 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $449,000 | | Price/sqft | $459 | | Bedrooms | 2 | | Square Feet | 979 | | Year Built | 1974 | | Stories | 3 | | Property Type | Condo (Condominium) | | Status | Active | | Days on Market | 29 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $2,270 | | Estimated Insurance | $131 | | **Total** | **$2,401** | ## Key Amenities - Fireplace ## Property Highlights - Built in 1974 - 3 stories - Fireplace ## Description ### Agent Description Calling all investors! This turnkey, self-managed two-bedroom townhome has generated approximately $54,000 in annual gross short-term rental revenue, with minimal cleaning expenses. The seller will help you get up and running for a seamless transition into ownership and operations. Imagine waking up in your own Tahoe retreat, five minutes from the lake, five minutes from Northstar, and a short drive to world-class skiing at Palisades Alpine (20 min) and Heavenly (50 min). When you're not using it yourself, let it work for you, this fully renovated Kingswood Village condo already has a proven short-term rental track record and is ready to generate income from day one. Whether you're searching for the perfect family getaway that comfortably sleeps 6, a turnkey investment, or the rare property that delivers both, this is it. Sold fully furnished (with a small exclusion list), the next owner steps into an established rental model with zero setup required. no renovation, no staging, no deferred maintenance. Everything is brand new, and no detail has been overlooked. The home features brand-new luxury vinyl plank flooring, custom kitchen cabinetry, upgraded countertops in the kitchen and bath, a new garbage disposal, a new furnace, and a water heater with a 10-year warranty. The bathroom has been fully 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, coffee table, and kitchen table, complete the modern, guest-ready look. The property passed inspection in March 2025, providing added confidence for investors. Kingswood Village offers reliable snow removal, defensible space maintenance for fire compliance, and a well-managed HOA, key advantages for part-time owners and short-term rental operators. Community amenities include a pool, kiddie pool, spa, sauna, fitness center, tennis, pickleball, bocce courts, and storage for RVs, boats, and kayaks, features that drive year-round rental demand. Inside, vaulted open-beam ceilings and an open-concept layout flow to a spacious deck ideal for apres-ski relaxation. A second private deck off the primary suite adds valuable outdoor space, while a freestanding gas fireplace creates the winter ambiance guests seek. Newer appliances (stove, microwave, washing machine) round out the thoughtful upgrades. With a TART bus stop nearby for easy access to Northstar and Palisades Tahoe, this property combines location, condition, and proven performance into one of the most compelling Tahoe opportunities on the market. ## Location - **Address:** 1001 Commonwealth Drive #70, Kings Beach, CA 96143 - **County:** Placer - **Neighborhood:** North LakeTahoe - **Coordinates:** 39.251751, -120.031984 - **Google Maps:** https://www.google.com/maps?q=39.251751,-120.031984 ## Listing Agent - **Name:** Ethan T Pontz - **Brokerage:** eXp Realty of California, Inc - **Phone:** (888) 584-9427 x119 - **Broker Phone:** (888) 584-9427 x119 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/1001-Commonwealth-Dr-70_Kings-Beach_CA_96143_M18966-13781?f=listhub&s=TSBORCA&m=20261858&c=propsimple) ## Photos ![1001 Commonwealth Drive #70 - Photo 1](http://lh.rdcpix.com/f4b43a74f8ebdb9c2c9dc703ba517765l-f1730461835r.jpg) ![1001 Commonwealth Drive #70 - Photo 2](http://lh.rdcpix.com/f4b43a74f8ebdb9c2c9dc703ba517765l-f581372131r.jpg) ![1001 Commonwealth Drive #70 - Photo 3](http://lh.rdcpix.com/f4b43a74f8ebdb9c2c9dc703ba517765l-f1537993528r.jpg) ![1001 Commonwealth Drive #70 - Photo 4](http://lh.rdcpix.com/f4b43a74f8ebdb9c2c9dc703ba517765l-f3694696896r.jpg) ![1001 Commonwealth Drive #70 - Photo 5](http://lh.rdcpix.com/f4b43a74f8ebdb9c2c9dc703ba517765l-f2188337764r.jpg) ![1001 Commonwealth Drive #70 - Photo 6](http://lh.rdcpix.com/f4b43a74f8ebdb9c2c9dc703ba517765l-f2266445963r.jpg) ![1001 Commonwealth Drive #70 - Photo 7](http://lh.rdcpix.com/f4b43a74f8ebdb9c2c9dc703ba517765l-f2710837117r.jpg) ![1001 Commonwealth Drive #70 - Photo 8](http://lh.rdcpix.com/f4b43a74f8ebdb9c2c9dc703ba517765l-f1407815366r.jpg) ![1001 Commonwealth Drive #70 - Photo 9](http://lh.rdcpix.com/f4b43a74f8ebdb9c2c9dc703ba517765l-f1211463652r.jpg) ![1001 Commonwealth Drive #70 - Photo 10](http://lh.rdcpix.com/f4b43a74f8ebdb9c2c9dc703ba517765l-f3549018842r.jpg) ![1001 Commonwealth Drive #70 - Photo 11](http://lh.rdcpix.com/f4b43a74f8ebdb9c2c9dc703ba517765l-f472547767r.jpg) ![1001 Commonwealth Drive #70 - Photo 12](http://lh.rdcpix.com/f4b43a74f8ebdb9c2c9dc703ba517765l-f2678841972r.jpg) ![1001 Commonwealth Drive #70 - Photo 13](http://lh.rdcpix.com/f4b43a74f8ebdb9c2c9dc703ba517765l-f2210863810r.jpg) ![1001 Commonwealth Drive #70 - Photo 14](http://lh.rdcpix.com/f4b43a74f8ebdb9c2c9dc703ba517765l-f3204699906r.jpg) ![1001 Commonwealth Drive #70 - Photo 15](http://lh.rdcpix.com/f4b43a74f8ebdb9c2c9dc703ba517765l-f3184026689r.jpg) ![1001 Commonwealth Drive #70 - Photo 16](http://lh.rdcpix.com/f4b43a74f8ebdb9c2c9dc703ba517765l-f1035476634r.jpg) ![1001 Commonwealth Drive #70 - Photo 17](http://lh.rdcpix.com/f4b43a74f8ebdb9c2c9dc703ba517765l-f2821523079r.jpg) ![1001 Commonwealth Drive #70 - Photo 18](http://lh.rdcpix.com/f4b43a74f8ebdb9c2c9dc703ba517765l-f3694514234r.jpg) ![1001 Commonwealth Drive #70 - Photo 19](http://lh.rdcpix.com/f4b43a74f8ebdb9c2c9dc703ba517765l-f1270645499r.jpg) ![1001 Commonwealth Drive #70 - Photo 20](http://lh.rdcpix.com/f4b43a74f8ebdb9c2c9dc703ba517765l-f1918164593r.jpg) ![1001 Commonwealth Drive #70 - Photo 21](http://lh.rdcpix.com/f4b43a74f8ebdb9c2c9dc703ba517765l-f130290281r.jpg) --- **MLS#:** 20261858 | **Updated:** 2026-09-29 **Source:** listhub *Copyright © 2026 Tahoe Sierra Board of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/1001-commonwealth-drive-kings-beach-ca-96143-20261858) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/1001-commonwealth-drive-kings-beach-ca-96143-20261858#listing", "url": "https://www.propertysimple.ai/listing/1001-commonwealth-drive-kings-beach-ca-96143-20261858", "name": "1001 Commonwealth Drive #70, Kings Beach, CA 96143", "description": "Calling all investors! This turnkey, self-managed two-bedroom townhome has generated approximately $54,000 in annual gross short-term rental revenue, with minimal cleaning expenses. The seller will help you get up and running for a seamless transition into ownership and operations. Imagine waking up in your own Tahoe retreat, five minutes from the lake, five minutes from Northstar, and a short drive to world-class skiing at Palisades Alpine (20 min) and Heavenly (50 min). When you're not using it yourself, let it work for you, this fully renovated Kingswood Village condo already has a proven short-term rental track record and is ready to generate income from day one. Whether you're searching for the perfect family getaway that comfortably sleeps 6, a turnkey investment, or the rare property that delivers both, this is it. Sold fully furnished (with a small exclusion list), the next owner steps into an established rental model with zero setup required. no renovation, no staging, no deferred maintenance. Everything is brand new, and no detail has been overlooked. The home features brand-new luxury vinyl plank flooring, custom kitchen cabinetry, upgraded countertops in the kitchen and bath, a new garbage disposal, a new furnace, and a water heater with a 10-year warranty. The bathroom has been fully 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, coffee table, and kitchen table, complete the modern, guest-ready look. The property passed inspection in March 2025, providing added confidence for investors. Kingswood Village offers reliable snow removal, defensible space maintenance for fire compliance, and a well-managed HOA, key advantages for part-time owners and short-term rental operators. Community amenities include a pool, kiddie pool, spa, sauna, fitness center, tennis, pickleball, bocce courts, and storage for RVs, boats, and kayaks, features that drive year-round rental demand. 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