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1001 Commonwealth Drive #70, 
Kings Beach, CA 96143

$509,000

1

Bed

—

Bath

979

Sq Ft

Condo

Active

Listed by

Ethan Pontz

eXp Realty Of California, Inc

Last updated:

February 23, 2026, 03:25 PM

MLS#

20260193

Source:

CA TSBOR

About This Home

1001 Commonwealth Drive #70

Winter-Ready Turnkey Rental or Mountain Retreat. Welcome to your fully renovated, turnkey getaway in Kingswood Village, just in time for ski season. Whether you're 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. It's 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.

Home Facts

Condo

1 Bedroom

Built in 1974

Price Summary

509,000

$519 per Sq. Ft.

MLS #:

20260193

Last Updated:

February 23, 2026, 03:25 PM

Added:

23 day(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

1

Interior

Living Area:

979 Sq. Ft.

Structure

Structure

Architectural Style:

Mountain

Building Area:

979 Sq. Ft.

Year Built:

1974

Finances & Disclosures

Finances

Price:

$509,000

Price per Sq. Ft:

$519 per Sq. Ft.

Source:CA TSBOR
The information being provided by Tahoe Sierra Multiple Listing Service, Inc. is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Tahoe Sierra Multiple Listing Service, Inc.. eXp Realty Of California, Inc is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of eXp Realty Of California, Inc, a broker participant of Tahoe Sierra Multiple Listing Service, Inc.. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Tahoe Sierra Multiple Listing Service, Inc. and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Properties in listings may have been sold or may no longer be available. Copyright 2026 Tahoe Sierra Multiple Listing Service, Inc.. All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.