Active

8773 Golden Avenue

Kings Beach CA, 96143

$800,000


Active

3 Beds

2 Baths

Residential

Built in 1960

Opportunity knocks at this unique investment offering in the quaint beachside community of Kings Beach, just moments away from the shores of beautiful North Lake Tahoe. Here, the charm of tiny home living meets the potential for investment income. This one-of-a-kind property showcases not one but two charming cabins, presenting an enticing prospect for investors looking to capitalize on the growing trend of minimalist tiny-home living and vacation rentals. Nestled on an oversized double lot, and with protected California Conservancy land on two sides, this property offers a harmonious blend of privacy and community living. The two tiny homes, each with its own distinctive character, provide multiple options to live in one, and rent the other; or opt for a mix of short-term and long-term rentals. The first tiny home welcomes you with a cozy living space and Old-Tahoe warmth that seamlessly integrates the kitchen, dining, and lounging areas. A bedroom with lofted area adds a touch of whimsy, optimizing the use of space while providing a cozy retreat. The second tiny home provides a more discerning palate with an open floorplan, upgraded kitchen and bath, luxury vinyl plank flooring, and wood-clad raftered ceiling. The cabin is perfect for either a permanent living arrangement or for a diverse range of tenants or guests. Outside, each cabin has its own entrance and parking pad, maintaining individual privacy, as well as separate decks to enjoy crisp mountain mornings or to take in starlit nights among the pines. The investment potential of this property is further amplified by the growing popularity of tiny home living and the flexibility it offers for short-term rentals, providing a unique getaway for vacationers, or catering to the rising demand for compact, sustainable living arrangements. Situated in a desirable location with the privacy of an oversized lot, adjacent to hiking trails but close to shops and restaurants as well as the slopes of Northstar-at-Tahoe, and the shores of Lake Tahoe, this unique property offers an attractive investment opportunity. Back on the market due to Buyer's failure to perform. Seize this moment to invest in the future of housing trends and schedule your viewing today.

20240239

MLS ID

February 27, 2024

Listed

May 2, 2024

Updated

Map

8773 Golden Avenue
Kings Beach CA, 96143

Interior Features

Total Stories

1


Bedrooms

3


Total Bathrooms

2


Interior Features

Loft, Air Lock Entry, Detached ADU


Appliances

Range, Oven, Microwave, Dishwasher, Refrigerator, Washer, Dryer


Laundry Description

Hall


Floor Description

Carpet, Wood, Vinyl


Fireplace

Yes


Fireplace Description

Woodstove:, Living Room, Freestanding, Brick/Tile


Cooling

No


Heating

Yes


Heating Description

Electric, Wall Unit

Exterior/Building Features

Lot Size

0.14 Acres


Exterior Features

Framed


Architectual Style

Old Tahoe


Roof

Composition


Sewer

Utility District

Other Property Details

Area Name

BROCKWAY VISTA-1SO


Days on Market

58


Garage

No


Parking

Parking Pad


View

Yes


View Description

Wooded, Mountain


County

Placer


Municipality

FINISHED


Water Source

Utility District


Pool

No


Zoning

Residential


Buyer Agency Compensation

2.5%

Listing History

Date

Event

Price

5/1/2024

Active

4/3/2024

Pending

3/23/2024

Price Change

$800,000

-6%

Listed by Sierra Sotheby's Int Realty TC, Gretchen Sproehnle,
Listing Contact: 530-386-0701 

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