$399,000
217 Chipmunk Street
Kings Beach, CA 96143
✓ STR Allowed — Permit Required
Placer County STR permit required. County-wide cap of 3,900 permits — new permits available until cap is reached.
1
Beds
·
1.0
Baths
·
·
1742
Lot
About This Property
Bring your vision and creativity to this rare rehab opportunity just steps from the sparkling shores of Lake Tahoe! Located in the heart of Kings Beach, this property offers unbeatable proximity to the lake, beaches, restaurants, and year-round recreation. The home itself is in significant need of repair—perfect for contractors, flippers, or anyone ready to take on a full renovation project. The structure requires extensive work both inside and out, but the lot and location make this a fantastic chance to create your dream mountain getaway or an income-producing vacation rental. Zoned as Commercial/Office/Residential (mixed use). This will likely need to be an all-cash purchase.
Listed by Tobin Baird — COMPASS
Listing Details
Status
Active
MLS #
20252347
Days on Market
151
Property History
Oct 18, 2025
Listed for sale
$399,000
Property Overview
Beds
1
Baths
1.0
Lot Size
0.04 acres
Stories
1
Year Built
1936
Property Type
Single Family Residence
Style
Old Tahoe
Subdivision
North LakeTahoe
APN
090-192-054-000
Parking
Parking Features
None
Exterior & Lot
Lot Features
Level
Roof
Composition
Foundation
Pier
STR Investment Analysis
Permitted Zone
STRUCTURAL SCORE
Excellent
87
PROJECTED ANNUAL REVENUE
$142,500
($118K – $167K range)
~$11,875 per month
Avg Nightly
$485
Occupancy
68%
Cap Rate
5.2%
Payment calculator
$0 per month
Principal & interest
$0
Property taxes
$0
HOA dues
$0
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($79,800)
Home price
$399,000
Loan details
30-yr fixed, 6.5%
Send a Message
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