About 1001 Commonwealth Drive 70
Turnkey Property with Proven Short-Term Rental History — Ready to Be Taken Over! This fully renovated Kingswood Village condo is an established, income-producing asset being sold fully furnished (with a small exclusion list), allowing the next owner to step into a proven rental model with minimal transition time. With documented short-term rental performance and strong income potential, this is a rare opportunity to acquire a true plug-and-play Tahoe investment without renovation, staging, or setup. 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 fully 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, enhance the modern, guest-ready appeal. The property passed inspection in March 2025, providing added confidence for investors. Kingswood Village offers reliable snow removal, defensible space maintenance for fire compliance, and a well-managed HOA key advantages for part-time owners and short-term rental operators. Community amenities include a pool, kiddie pool, fitness center, tennis, pickleball, bocce courts, and storage for RVs, boats, and kayaks—features that drive year-round rental demand. Inside, vaulted open-beam ceilings and an open-concept layout flow to a spacious deck ideal for après-ski relaxation. A second private deck off the primary suite adds valuable outdoor space, while a freestanding gas fireplace creates the winter ambiance guests seek. A bonus loft offers additional sleeping or flexible use space, and newer appliances (stove, microwave, washing machine) round out the thoughtful upgrades. Located just minutes from Kings Beach, Northstar, and year-round recreation with a TART bus stop nearby for convenient access to Northstar and Palisades Tahoe. This property combines location, condition, and proven performance into a compelling Tahoe investment opportunity.
