Just In time for Memorial Day Weekend, a huge $74,000 price reduction! A Stunning Lake-Peek Retreat – Priced to Sell and with huge income potential. Luxury Lake Tahoe Home – 5BR/3.5BA + ADU | Strong Income Potential | Lake-Peek Views, Forest-Side, STR Ready. Just minutes from Lake Tahoe, premier ski resorts, and four-season recreation, this move-in ready home offers a peaceful setting on a forest-backed cul-de-sac in the coveted Kingswood Estates. Both elegant and versatile, this sun-filled, south-facing retreat blends elevated mountain living with impressive income-producing potential — a rare opportunity to own a home that offers beauty, utility, and strong return all in one. With approximately 2,950 square feet of living space, this 5-bedroom, 3.5-bath residence also includes a spacious and private ADU. Whether you're seeking a full-time residence, vacation getaway, or investment property, this mountain home offers exceptional value and flexibility. The main house features a dramatic great room with vaulted ceilings, refinished hardwood floors, and abundant natural light. The open-concept kitchen is a chef’s dream, showcasing a custom quartzite island, stainless steel appliances, and a large walk-in pantry with laundry. A convenient dumbwaiter connects the garage to the kitchen level for effortless transport of groceries and gear. The primary suite is a tranquil escape with its own gas fireplace, spa-like bath with jetted tub and walk-in shower, and an oversized walk-in closet with built-in cabinetry. Four additional bedrooms — including one ideal as a bonus room or office with a private entrance — provide ample space for guests or flexible use. Recent upgrades include fresh paint and carpet, a new furnace with Nest thermostat, upgraded plumbing, and enhanced electrical systems. The self-contained studio apartment (ADU) offers tremendous flexibility and even more income potential. Featuring a private entrance, full kitchen, bath, and laundry hookups, it’s ideal for long-term or vacation rental, guest quarters, or multigenerational living. It can easily be reconfigured into a full one-bedroom for added value. Outside, enjoy multiple decks, a sunny patio, and a low-maintenance landscaped yard lined with mature aspens and full irrigation. A newer shed and large under-house storage area provide space for bikes, skis, and seasonal gear, while the two-car garage includes cabinetry for organized storage. Backed by U.S. Forest Service land, the property offers immediate access to miles of trails, including the Tahoe Rim Trail, and is just minutes from Lake Tahoe’s best beaches, ski resorts, shops, restaurants, golf, tennis, pickleball, and the 124-acre North Tahoe Regional Park. With a strong history of year-round income from both the main home and ADU, the property supports a variety of lifestyle and investment goals. Move-in ready and priced to sell, this is one of the most income-capable, versatile, and beautifully located homes in North Lake Tahoe. Use it, rent it, and experience Lake Tahoe at its best. Media Links Photo Tour link: https://tours.2view.com/media/16820/phototour/ Aerial Video link: https://tours.2view.com/media/16820/video/ Matterport 3D tour link: https://tours.2view.com/media/16820/360tour/ Floorplans link: http://tours.2view.com/media/16820/floorplan/
