
For Sale



8689 Rainbow Ave, Kings Beach, CA, 96143
Investment at a glance
Annual Revenue
$191K
Gross Yield
10.6%
Occupancy
50%
Cap Rate
6.4%
Welcome to 8689 Rainbow Avenue, a beautifully updated mountain retreat perfectly positioned on a flat, level lot just moments from the heart of Kings Beach. Thoughtfully remodeled throughout, the home's refreshed interior blends modern finishes with the warmth and character of Tahoe living, creating a move-in-ready escape for full-time residents, second homeowners, or investors alike. A standout feature of the property is the separate detached ADU, offering exceptional flexibility for guests, extended family, a private home office, or potential rental income. Outside, the fully fenced backyard provides a secure and inviting space for children, pets, and outdoor entertaining, while the level parcel offers year-round ease of access. Located within walking distance of Kings Beach, you'll enjoy effortless access to Lake Tahoe's sandy shoreline, restaurants, shopping, trails, and year-round recreation. Whether you're searching for a primary residence, vacation getaway, or investment opportunity, 8689 Rainbow Avenue delivers the ideal combination of updated living, versatility, and an unbeatable North Lake Tahoe location.
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