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For sale
  • Price cut: $101K (10/8)
    $1,649,000

    8689 Rainbow Ave, Kings Beach, CA 96143

    6beds
    --sqft
    : 
    $10,868/mo
    Get pre-qualified
    Single Family Residence
    Built in 1954
    6,272 Square Feet Lot
    $1,621,100 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Flat level lotMove-in-ready escapeBeautifully updated mountain retreat
    Recently repositioned with an attractive new price, 8689 Rainbow Avenue presents a compelling opportunity to own a beautifully remodeled mountain retreat in the heart of Kings Beach. Situated on a flat, level parcel just moments from Lake Tahoe, this thoughtfully updated property blends modern finishes with the warmth and character of mountain living. The move-in-ready main residence is complemented by a separate, detached ADU, providing exceptional flexibility for extended family, visiting guests, a private home office, or potential rental income. A fully fenced backyard offers privacy and space for outdoor entertaining, while the level setting provides convenient year-round access. What makes this opportunity particularly unique is the availability of adjacent 8683 Rainbow Avenue, also offered for sale. Together, these neighboring properties present the rare possibility of creating a private North Lake Tahoe family compound—an ideal setting for multigenerational living, accommodating extended family and friends, or establishing a lasting Tahoe retreat with the flexibility of multiple residences. Within walking distance of Kings Beach's sandy shoreline, restaurants, shopping, and year-round recreation, 8689 Rainbow Avenue combines an exceptional location, versatile living arrangements, and newly adjusted pricing. Whether purchased independently or together with 8683 Rainbow Avenue, this is an opportunity to establish something truly special in one of North Lake Tahoe's most desirable lakeside communities.
    83 days
    399
    34

    Zillow last checked:

    Listing updated:

    Listed by:

    Clayton Humphries 508-280-8083,

    Compass,

    Brandon T Walsh 530-412-4647,

    Compass

    Source: TSMLS,MLS#: 20261559MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 4
      • Full bathrooms: 4
      Heating
      • Natural Gas, CFAH
      Cooling
      • Air Conditioning
      Appliances
      • Included: Range, Oven, Microwave, Dishwasher, Refrigerator
      • Laundry: Laundry Room
      Features
      • Family Room, Detached ADU
      • Flooring: Carpet, Tile, Vinyl
      • Has fireplace: Yes
      • Fireplace features: Fireplace: Living Room, Brick/Tile
      Interior area
      • Total structure area: 0

      Property

      Parking
      • Parking features: None, Parking Pad
      Features
      • Levels: Two
      Lot
      • Size: 6,272 Square Feet
      • Features: Street, Rental History
      • Topography: Level
      Details
      • Additional structures: Outbuilding
      • Parcel number: 090116053000
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Old Tahoe
      • Property subtype: Single Family Residence
      Materials
      • Foundation: Concrete Perimeter
      • Roof: Composition
      Condition
      • Updated/Remodeled,Like New
      • New construction: No
      • Year built: 1954

      Utilities & green energy

      • Sewer: Utility District
      • Water: Utility District
      • Utilities for property: Natural Gas Available

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Kings Beach

      Financial & listing details

      • Tax assessed value: $1,460,000
      • Price range: $1.6M - $1.6M
      • Date on market: 7/27/2026

        Estimated market value

        $1,621,100

        $1.54M - $1.70M

        $4,950/mo

        Price history

        DateEventPrice
        10/8/2026Price change$1,649,000-5.8%
        Source: TSMLS #20261559 Report a problem
        9/18/2026Price change$1,750,000-2.8%
        Source: TSMLS #20261559 Report a problem
        7/27/2026Listed for sale$1,800,000+28.7%
        Source: TSMLS #20261559 Report a problem
        3/22/2023Listing removed--
        Source: Zillow Rentals Report a problem
        3/7/2023Listed for rent$1,650+37.5%
        Source: Zillow Rentals Report a problem
        10/17/2022Sold$1,399,000
        Source: TSMLS #20221868 Report a problem
        9/8/2022Pending sale$1,399,000
        Source: TSMLS #20221868 Report a problem
        8/17/2022Listed for sale$1,399,000+77.1%
        Source: TSMLS #20221868 Report a problem
        3/26/2021Sold$790,000
        Source: TSMLS #20203771 Report a problem
        1/19/2021Pending sale$790,000
        Source: TSMLS #20203771 Report a problem
        1/8/2021Listed for sale$790,000+18.8%
        Source: TSMLS #20203771 Report a problem
        1/5/2021Listing removed--
        Source: Owner Report a problem
        4/21/2020Listing removed$1,200
        Source: Owner Report a problem
        4/20/2020Listed for rent$1,200
        Source: Owner Report a problem
        12/19/2018Sold$665,000-1.5%
        Source: TSMLS #20182946 Report a problem
        11/13/2018Pending sale$675,000
        Source: Sierra Sotheby's International Realty #20182946 Report a problem
        10/31/2018Listed for sale$675,000+181.3%
        Source: Sierra Sotheby's Int Realty TC #20182946 Report a problem
        8/27/1997Sold$240,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026-- $1,460,000 +0.3%
        2025$17,381 +3.6%$1,455,519 +2%
        2024$16,783 +1%$1,426,980 +2%
        2023$16,614 +65.6%$1,399,000 +73.6%
        2022$10,031 +14.4%$805,800 +17.6%
        2021$8,767 +2.4%$685,326 +1%
        2020$8,565 $678,300 +2%
        2019$8,565 +175.4%$665,000 +196.2%
        2018$3,110 +1.9%$224,513 +2%
        2017$3,051 +1.3%$220,111 +2%
        2016$3,012 +2%$215,796 +1.5%
        2015$2,953 +2.8%$212,555 +2%
        2014$2,872 $208,392 +0.5%
        2013-- $207,451 +2%
        2012-- $203,384 +2%
        2011-- $199,397 +0.8%
        2010-- $197,908 -0.2%
        2009-- $198,379 +2%
        2008-- $194,490 +2%
        2007-- $190,678 +2%
        2006-- $186,940 +2%
        2005-- $183,275 +2%
        2004-- $179,682 +1.9%
        2003-- $176,390 +2%
        2002-- $172,932 +2%
        2001-- $169,542 +2%
        2000-- $166,219
        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 96143

        Getting around

        70 / 100
        Somewhat Walkable
        49 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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