Single Family Home $ 658,500

1055 Canterbury Drive

Kings Beach, CA 96143

  • 4 Beds
  • 2.5 Baths
    Full Baths: 2 Half Baths: 1
  • 2,320 SqFt
  • 10,615 Lot Size
  • 1996 Year Built
Family and friends will enjoy this amazing Kings Beach home and Lake Tahoe which is located just one mile down the road and Northstar, a world class ski resort, which is located just a short five-mile drive. Both Palisades Tahoe and Heavenly Valley Ski Resorts are also just a 45-minute drive. The town of Kings Beach offers many excellent restaurants, shops, beaches, with convenient access to many year-round recreational activities while keeping its small-town ambiance. It is truly a beautiful area. The home features a large great room, spacious master bedroom with a jacuzzi tub, three downstairs bedrooms, two and half bathrooms, and a desirable 2 car garage. Walk out the back door into the Martis Peak Forest where an abundance of trails awaits you for hiking and mountain biking. Walk or bike to North Tahoe Regional Park for a game of pickleball, tennis and disc golf. Challenge you and your children to the ropes course. The home is registered and occasionally rented out on Airbnb; only when not being used by the owners. It is worth mentioning that the home has a 4.97-star rating based on 32 reviews since 2024. The ongoing use of the home as an Airbnb is not written in stone as the current owner is very interested in canceling the use of the home as an Airbnb. Currently, the money generated from the Airbnb is used to pay bills (ex. utilities, property tax, and other expenses). The house was rented out 21 times in 2025 and generated $23,407 in revenue. The house is listed on AIRBNB as the “Tahoe Bear House”. This 1/2 share interest provides a rare opportunity to own an upscale home in an upscale neighborhood while enjoying Lake Tahoe living at an affordable cost while also realizing the financial benefits of house appreciation that is well documented in Lake Tahoe. The current owner is a very responsible individual who takes great pride in the upkeep of the home and the landscape of the property and is very conscientious of financial matters. The ownership and usage of the house is split evenly, and a contract will be prepared that addresses each owner's expectations, wants, and needs of the property. The current arraignment for the owner's use of the property is two weeks out of each month, and cohabitation is up for discussion.
Listed by Mills Realty

PROPERTY DETAIL

  • Key Details

    Property Type Single Family Home

    Sub Type Timeshare

    Listing Status Active

    Purchase Type For Sale

    Square Footage 2, 320 sqft

    Price per Sqft $283

    Subdivision North Laketahoe

    MLS Listing ID 20261315

    Style Mountain

    Bedrooms 4

    Full Baths 2

    Half Baths 1

    Year Built 1996

    Lot Size 10,615 Sqft

    Acres 0.2437

    Property Sub-Type Timeshare

  • Location

    State CA

    County Placer

    Community Gated: No

  • Building

    Lot Description Street, Landscaped

    Foundation Concrete Perimeter

    Sewer Utility District

    Water Utility District

    Architectural Style Mountain

    New Construction No

  • Interior

    Interior Features High Ceilings, Phone, High Speed Internet

    Heating Natural Gas

    Flooring Carpet, Wood, Stone

    Fireplaces Type Fireplace: Gas Fireplace, Insert, Stone, Woodstove: None

    Fireplace true

    Appliance Range, Oven, Microwave, Disposal, Dishwasher, Trash Compactor, Refrigerator, Washer, Dryer

    Laundry In Hall

  • Exterior

    Garage Spaces 2.0

    Community Features Gated: No

    Utilities Available Natural Gas Available, Cable Connected

    Waterfront Description Utility District

    Roof Type Composition

    Topography Upslope,Gently Rolling

    Garage true

  • Others

    Tax ID 111140002000

    Acceptable Financing Cash To New Loan

    Listing Terms Cash To New Loan

    Special Listing Condition Standard

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CONTACT

Simon Mills
Simon Mills

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