This charming property, currently configured as a duplex, presents an array of possibilities. Situated near the end of a serene street, it offers both a great location and convenience, being just a short stroll from downtown and the picturesque beach. The upper unit features 3 spacious bedrooms and 2 full baths, providing ample space and comfort. The lower level boasts a cozy studio, ideal for additional rental income or as a versatile living space. Whether you’re looking to maximize your investment by renting out both units or prefer to live in one while renting the other, this property provides the flexibility you need. Don’t miss this opportunity to invest in a sought-after Lake Tahoe location!
Sold for $615,000
$615,000
8816 Rainbow Ave, Kings Beach, CA 96143
3beds
--sqft
Single Family Residence
Built in 1966
-- sqft lot
$942,500 Zestimate®
$--/sqft
$3,827 Estimated rent
Home value
$942,500
$811,000 - $1.09M
$3,827/mo
Zestimate® history
Owner options
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$3,827/mo
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$3,827/mo
Rent Zestimate®
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$3,835/mo
Est. payment
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$3,835/mo
Est. payment
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List your homeWhat's special
Serene streetCozy studio
Zillow last checked:
Listing updated:
Listed by:
David B Smith 530-546-8224,
Centr-21 Tahoe North, Realtors
Bought with:
Rebecca L Smith, DRE #02196418
Centr-21 Tahoe North, Realtors
Source: TSMLS,MLS#: 20241884
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Features
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Parking
- Parking features: None
Features
- Levels: One
Lot
- Features: Street
Details
- Parcel number: 090181070
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Old Tahoe
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1966
Community & neighborhood
Location
- Region: Kings Beach
Other
Other facts
- Price range: $615K - $615K
Price history
| Date | Event | Price |
|---|---|---|
| 1/17/2025 | Sold | $615,000-15.2% |
Source:  TSMLS #20241884 Report a problem | ||
| 11/20/2024 | Pending sale | $725,000 |
Source: TSMLS #20241884 Report a problem | ||
| 11/4/2024 | Price change | $725,000-3.3% |
Source: TSMLS #20241884 Report a problem | ||
| 9/5/2024 | Listed for sale | $749,900+54.6% |
Source: TSMLS #20241884 Report a problem | ||
| 8/24/2005 | Sold | $485,000 |
Source: TSMLS #2501392 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,931 +4.1% | $662,777 +2% |
| 2024 | $8,583 +2% | $649,783 +2% |
| 2023 | $8,416 +3.7% | $637,043 +2% |
| 2022 | $8,116 +2.1% | $624,552 +2% |
| 2021 | $7,951 -0.8% | $612,307 +1% |
| 2020 | $8,015 | $606,030 +2% |
| 2019 | $8,015 +13.1% | $594,148 +2% |
| 2018 | $7,086 +2.5% | $582,499 +2% |
| 2017 | $6,914 +1.1% | $571,079 +2% |
| 2016 | $6,836 +2% | $559,882 +1.5% |
| 2015 | $6,700 +2.9% | $551,473 +2% |
| 2014 | $6,509 | $540,671 +0.5% |
| 2013 | -- | $538,228 +2% |
| 2012 | -- | $527,675 +2% |
| 2011 | -- | $517,329 +0.8% |
| 2010 | -- | $513,464 -0.2% |
| 2009 | -- | $514,685 +2% |
| 2008 | -- | $504,594 +2% |
| 2007 | -- | $494,700 +2% |
| 2006 | -- | $485,000 +210.8% |
| 2005 | -- | $156,035 +2% |
| 2004 | -- | $152,977 +1.9% |
| 2003 | -- | $150,175 +2% |
| 2002 | -- | $147,231 +2% |
| 2001 | -- | $144,345 +2% |
| 2000 | -- | $141,515 |
Find assessor info on the county website
Neighborhood: 96143
Nearby schools
GreatSchools rating
- 9/10Kings Beach Elementary SchoolGrades: K-5Distance: 0.6 mi
- 7/10North Tahoe SchoolGrades: 6-8Distance: 6.3 mi
- 9/10North Tahoe High SchoolGrades: 9-12Distance: 6.3 mi
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- California
- Placer County
- Kings Beach
- 96143
- 8816 Rainbow Ave
Nearby cities
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