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Residential > Condo
Active
06/19/2025
List Price
$519,000$530/ft²

1001 Commonwealth Dr 70
Kings Beach, CA 96143

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  • Malobo BannerMalobo Banner Square
    1001 Commonwealth Dr 70, Kings Beach, CA 96143 is a 1 bed, 1 bath, 979 ft² condo built in 1971 on a 0.014 acre lot with 1 construction permit. This condo is currently listed for $519,000, and it was last sold in 2012 for $168,500. The latest TopHap estimate of the condo's value is $480,288.

    Property Valuations

    Latest estimates for 1001 Commonwealth Dr 70 based on TopHap automated valuation model (AVM).

    MLS Description

    The listing agent's description. Original Listing

    Turnkey short-term rental – ready for immediate takeover. This is an incredible opportunity to own a fully updated, income-generating property in Kingswood Village, ideal as a personal retreat or short-term rental investment. The home has been recently renovated with brand-new luxury vinyl flooring, custom kitchen cabinets, new countertops in both the kitchen and bathroom, a new garbage disposal, and a water heater with a 10-year warranty. The bathroom was completely remodeled and includes upgraded fixtures, a modern vanity, and mirror all from West Elm and Pottery Barn. The interior is freshly painted and includes new doors throughout. The property is being sold fully furnished (small exclusion list applies), featuring high-quality pieces including a West Elm couch, coffee table, bathroom vanity, and mirror. The home passed inspection in March 2025, offering peace of mind for new ownership. Placer County remains one of the few areas in the Tahoe region with available short-term rental permits with no long waitlists or delays. This unit has a proven rental history and strong income potential going forward. Kingswood Village is a highly desirable, well-maintained community with excellent HOA management. Services include reliable snow removal, defensible space maintenance compliant with fire insurance requirements, and ongoing community enhancements. Community amenities include a pool, kiddie pool, fitness center, tennis, bocce, and pickleball courts, plus RV, boat, and kayak storage. Located just minutes from Kings Beach, Northstar, hiking and biking trails, golf, shopping, dining, and Lake Tahoe. The TART bus stop at the corner offers easy transportation to Northstar and Palisades Tahoe during both summer and winter seasons. Inside, enjoy vaulted open-beam ceilings and a spacious, open-concept living/dining/kitchen area that opens to a large deck—ideal for relaxing or entertaining. A second private deck off the primary bedroom adds peaceful outdoor space. A free-standing gas fireplace creates a cozy ambiance during the winter months, and a bonus loft offers flexible space for guests or a home office. Newer appliances include the stove, microwave, and washing machine. This move-in-ready property checks every box; modern finishes, prime location, proven rental performance, and full furnishings included.

    Listing Agents

    The listing agent for 1001 Commonwealth Dr 70 is Ethan Pontz.

    Permits

    1001 Commonwealth Dr 70 has 1 permit records.

    Permit History
    1
    Permits

    Current Ownership

    Information about the current owner(s).

    Property History

    1001 Commonwealth Dr 70 has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).

    Property Events

    Environment

    Environmental factors around 1001 Commonwealth Dr 70

    School Information

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    Neighborhood

    This property is located in Kingswood Village, Kings Beach, CA 96143.

    Market Trends

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    Copyright © 2025 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.

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