Kings Beach, CA 96143

$749,000
4
BD
2
BA
1,320
SqFt

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List Price
$749,000
Status
ACTIVE
MLS#
26104342
Year Built
2020
Bedrooms
4
Bathrooms
2
Living Sq. Ft
1,320
Lot Size
3,750
Acres
0.09
Days on Market
5
Property Type
Manufactured Home

Property Description

BEACH VILLAS | LAKE TAHOE ALL-CASH BUYERS ONLY! ALL CASH BUYERS ONLY Rare opportunity to own a new Four Bedroom Two bath Manufactured home in the heart of Kings Beach, CA just steps from Lake Tahoe! This park-owned home sits directly across the street from Kings Beach State Recreation Area with lake access approximately 50 feet away. Enjoy an open-concept living and dining area, stainless steel appliances including gas range and French-door refrigerator, and hardwood-style flooring throughout. New water heater and new central gas furnace recently installed. Large windows flood the home with natural light and serene forest views. Walk to dining, shops, and the North Tahoe Event Center. Minutes to Northstar California Resort and Kings Beach State Recreation Area. Priced at $749,000 | Space Rent: $2499/mo+ Utilities. NOT TO BE USED AS AIRBNB PER LOCAL JURISDICTIONALL CASH BUYERS ONLYCALL LISTING BROKER FOR MORE DETAILS. All prospective buyers must be prepared to submit substantial deposit money of 60% of the Purchase to cover the cost of the home and site work on the property to accommodate the new home. The deposits to be held in an Attorney Trust Account. OWN YOUR TAHOE GETAWAY. MAKE YOUR INVESTMENT WORK SMARTER!Rare opportunity to own a NEW 4-BEDROOM, 2-BATH manufactured mountain home in the heart of Kings Beach, just steps from beautiful Lake Tahoe and directly across from Kings Beach State Recreation Area!BEACH LIFESTYLE + WINTER RENTAL INCOME POTENTIAL + POSSIBLE TAX BENEFITS!Enjoy your Tahoe retreat while exploring the potential for furnished four-month winter ski-season rentals at $4,995/month or more, subject to applicable restrictions and market conditions. Ideal for seasonal housing demand associated with Northstar and the North Lake Tahoe resort community.POTENTIAL INVESTOR TAX ADVANTAGES: Depending on the home's federal tax classification and the buyer's individual circumstances, qualifying manufactured homes used as rentals may be eligible for accelerated depreciation, potentially including 100% first-year bonus depreciation on eligible property. Allowable passive rental losses may help offset other passive investment income. Buyers must consult their own tax professionals to determine eligibility and deductibility.MOUNTAIN LIVING AT ITS BEST! Spacious four-bedroom, two-bath layout, contemporary finishes, stainless steel appliances, hardwood-style flooring, and inviting living spaces. Conceptual plans include rooftop entertaining decks with potential lake views, subject to approvals and verification.Walk to the beach, lakefront recreation, restaurants, shopping, and the North Tahoe Event Center. Enjoy convenient access to Northstar California Resort, world-class skiing, hiking, biking, and year-round outdoor adventures.OFFERING PRICE: $749,000 | MONTHLY SPACE RENT: $2,499 + UTILITIES.ALL-CASH PURCHASE ONLY. Proposed purchase terms require a 60% deposit held in an attorney trust account. DISCOVER 100% POTENTIAL TAX ADVANTAGES. **BEACH VILLAS | LAKE TAHOE ALL-CASH BUYERS ONLY!****OWN YOUR TAHOE GETAWAY. MAKE YOUR INVESTMENT WORK SMARTER!**Rare opportunity to own a NEW 4-BEDROOM, 2-BATH manufactured mountain home in the heart of Kings Beach, just steps from beautiful Lake Tahoe and directly across from Kings Beach State Recreation Area!**BEACH LIFESTYLE + WINTER RENTAL INCOME POTENTIAL + POSSIBLE TAX BENEFITS!**Enjoy your Tahoe retreat while exploring the potential for furnished four-month winter ski-season rentals at $4,995/month or more, subject to applicable restrictions and market conditions. Ideal for seasonal housing demand associated with Northstar and the North Lake Tahoe resort community.**POTENTIAL INVESTOR TAX ADVANTAGES:** Depending on the home's federal tax classification and the buyer's individual circumstances, qualifying manufactured homes used as rentals may be eligible for accelerated depreciation, potentially including 100% first-year bonus depreciation on eligible property.

Additional Information

Frequency
Monthly
Appliances
Barbecue, Dishwasher, Electric Cooktop, Electric Oven, Microwave, Refrigerator, Dryer, Washer
Pool Description
None
Heat
Heat Pump, Natural Gas
Cooling
Yes
Cooling Description
Gas, Heat Pump
View
Lake, Trees/Woods
Sewer
Other
Water
Public
Interior Features
Breakfast Bar
Pets
Yes - Pets Allowed
Attached Structure
Detached
Number Of Units Total
19

Listing courtesy of Listing Agent: Steven Prescott (steven@risingtiderealestateinc.com) from Listing Office: Rising Tide Real Estate Inc..

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.