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8683 Rainbow Avenue

Kings Beach CA 96143

2
2
1
804 sq. ft.
6272.64 sq. ft.
Single-Family
Currently for sale - view listing

Overview

Recently repositioned with an attractive new price, 8683 Rainbow Avenue presents a compelling opportunity to own a versatile North Lake Tahoe property featuring two freestanding cabins on a single parcel in the heart of Kings Beach. Offering flexibility and investment potential, the property provides a variety of possibilities—from enjoying one residence while generating rental income from the other, to accommodating extended family and guests, or creating a dedicated Tahoe retreat with multiple independent living spaces. With existing land coverage already in place, the property may also offer opportunities for future improvements or expansion, subject to applicable approvals. What makes this opportunity particularly unique is the availability of adjacent 8689 Rainbow Avenue, also offered for sale. Featuring a beautifully remodeled main residence and separate detached ADU, the neighboring property creates the rare possibility of combining two parcels and four distinct living spaces into a private North Lake Tahoe family compound. Together, these properties offer exceptional flexibility for multigenerational living, hosting family and friends, or establishing a lasting Tahoe legacy with room for everyone to enjoy their own space and privacy. Within walking distance of Kings Beach's sandy shoreline, restaurants, shopping, and year-round recreation, 8683 Rainbow Avenue combines an outstanding location, multiple residences, and newly adjusted pricing. Whether purchased independently as an income-producing investment or together with 8689 Rainbow Avenue, this is an opportunity to create something truly special in one of North Lake Tahoe's most desirable lakeside communities.

Features

2 bedrooms
2 bathrooms
1 carspace
1 garage space
804 sq. ft. floor area
6272.64 sq. ft. lot size
Single-Family

Property history for 8683 Rainbow Avenue

2023
Sold
$725,000
17 Nov 2023 by Carl Dilores, of Christie's Int'l R.E. Sereno
2021
Sold
$560,000
15 Apr 2021 by Alex Min, of Corcoran Global Living

Happy sellers in Kings Beach

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We have insufficient information to provide an overview of customer satisfaction for Kings Beach. Viewing the agent profiles, reviews and sales for Kings Beach can provide insights for this location.

Local market activity for 2 bedroom single-family properties in Kings Beach

In the last 12 months, 5 two-bedroom single-family properties similar to 8683 Rainbow Avenue, have been sold.

This represents a 38% increase in two-bedroom single-family properties sales when compared to the previous 12 months.

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