8487 Steelhead Ave, Kings Beach, CA 96143-0000

Property Description

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.