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1 Bed
2 Baths
918 sqft

$699,000

8487 Steelhead Avenue, Kings Beach CA, 96143-0000

Price per sqft$761.44
Built in1955
Property size918 sqft
Property typeResidential

Overview

Pending

Contingent

Listed Sep 5, 2026

Updated 12 days ago

One-of-a-kind Kings Beach Tahoe home with incredible landscaping, a fully fenced yard, and an exceptional location just a short walk to Lake Tahoe's public beach, hiking and biking trails, and convenient access to Northstar California Ski Resort. Known locally as the "Gingerbread Cottage," this distinctive octagon-style home offers character and charm rarely found in Tahoe. The home has been recently stained and is in excellent condition, offering a well-maintained property that is ready to enjoy. The main level features an inviting octagon-shaped living room with a dramatic vaulted ceiling, freestanding gas stove, gas fireplace, and comfortable gathering space. The well-appointed kitchen includes a high-top dining area, while the updated bathroom features a slate walk-in shower. The spacious primary suite is a standout feature, with an impressive 20-foot teepee-style ceiling, updated bathroom with heated porcelain floors, and access to a private upper deck. A queen sleeper sofa in the main living area provides additional sleeping flexibility. Outdoor living is exceptional, with beautifully landscaped grounds, a fully fenced yard, two decks, and a rooftop deck with views. An additional storage shed provides valuable space for bikes, kayaks, skis and all your Tahoe toys. The property offers outstanding access to year-round recreation, including the lake, beaches, hiking, biking, skiing and water activities. A truly unique Tahoe property combining distinctive architecture, excellent condition, incredible landscaping, privacy, storage and a highly desirable Kings Beach location! Property is still being actively used as a vacation rental. 2024 Gross rental income was $64,569. 2025 Gross $72,249. This home has great income potential. Pics are of home prior to staining and many other upgrades.

$4,650/mo

Est. mortgage payment based on a $699,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
20261903

Interior Features

Bedrooms
1
Bathrooms
2
Fireplace
Yes
Basement
No

Other Property Details

View
Yes

Listed by Centr-21 Tahoe North, Realtors, C. Kelly Smith,
Listing Contact: 530-546-8224 

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Data last updated 3:19 AM UTC, 10/6/2026

 

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