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About this home
Recently repositioned with an attractive new price, 8689 Rainbow Avenue presents a compelling opportunity to own a beautifully remodeled mountain retreat in the heart of Kings Beach. Situated on a flat, level parcel just moments from Lake Tahoe, this thoughtfully updated property blends modern finishes with the warmth and character of mountain living. The move-in-ready main residence is complemented by a separate, detached ADU, providing exceptional flexibility for extended family, visiting guests, a private home office, or potential rental income. A fully fenced backyard offers privacy and space for outdoor entertaining, while the level setting provides convenient year-round access. What makes this opportunity particularly unique is the availability of adjacent 8683 Rainbow Avenue, also offered for sale. Together, these neighboring properties present the rare possibility of creating a private North Lake Tahoe family compound—an ideal setting for multigenerational living, accommodating extended family and friends, or establishing a lasting Tahoe retreat with the flexibility of multiple residences. Within walking distance of Kings Beach's sandy shoreline, restaurants, shopping, and year-round recreation, 8689 Rainbow Avenue combines an exceptional location, versatile living arrangements, and newly adjusted pricing. Whether purchased independently or together with 8683 Rainbow Avenue, this is an opportunity to establish something truly special in one of North Lake Tahoe's most desirable lakeside communities.
Single-familyProperty Type
1954Year Built
6,272 sq ftLot Size
Listed by Clayton Humphries•DRE #DRE #01952558• Compass
Listed by Brandon Walsh•DRE #DRE #01938419• Compass
Brockway Vista, located between Brockway Summit and the Kings Beach shoreline, is a hillside and lakeside Kings Beach neighborhood with pine-studded slopes and wide lake views. The neighborhood’s character concentrates around the CA-28 and Fox Street corridor, where beach-day foot traffic meets small storefronts and the scent of coffee and wood-fired kitchens. Cabin-style homes and mid-century A-frames mix with newer mountain builds, many oriented toward decks and sunset sightlines. Kings Beach State Recreation Area sets the daily rhythm with sand, swim buoys, and winter shoreline quiet. Community staples like Spindleshanks Tahoe, The Grid Bar & Grill, and Tahoe Central Market anchor the local scene.
Provided by Walk Score and Local Logic
Offer insights
8689 Rainbow Ave · $1,649,000
$1.62M and above
75% chance or better to win
Why $1.62M+ is a strong offer
DAYS ON MARKET
81 days
The average home goes pending in 44 days.
SALE-TO-LIST
98.3%
Most homes are selling 2% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Family room
Detached ADU
Bathrooms
Four full bathrooms
Kitchen
Range
Oven
Microwave
Dishwasher
Refrigerator
Laundry & utility
Dedicated laundry room
Flooring
Carpet
Tile
Vinyl
Heating & cooling
A/C
Natural gas heating
CFAH (central forced air heating)
Exterior features
Outbuilding
Level topography
Street access
Property has rental history
Home design
Old Tahoe architectural style
Two levels
Single-family residence
Updated/Remodeled condition — like new
Parking
Parking pad
No garage
Construction
Composition roof
Concrete perimeter foundation
Built as single-family residence
Utilities
Water: Utility district
Sewer: Utility district
Natural gas available
Electricity and solar
View estimated energy costs and solar savings for this home
Truly a North Lake Tahoe treasure - this home has been beautifully made-over from top to bottom with beautiful, upgraded finishes! Step inside to find a modern twist on a classic, clean mountain style. This spacious home has a layout that provides for great opportunity, with 5 spacious bedrooms, 3 bathrooms in the main house plus a separate studio unit. The backyard will transport you to a secluded mountain oasis. Ready to venture out? Enjoy the convenience of being only four blocks away from the beach.
TSMLS #20203771
Mar 26, 2021
Sold
$790,000
Jan 19, 2021
Pending
—
Jan 7, 2021
Relisted
—
Jan 5, 2021
Delisted
—
Dec 31, 2020
Listed
$790,000
+12
Fantastic investment property/single family home only four blocks from the beach and beautiful Kings Beach Village! The main home has a lockout large bedroom and bonus bedroom and full bath with its own private entrance. Then the rest of the home downstairs has a full kitchen/great room with massive wood fireplace, two bedrooms, full bath and large laundry/storage porch. Upstairs are two more large bedrooms, sitting area, massive amounts of storage and full, upgraded bathroom. Then a newer studio in back!. .
Public Records
Dec 19, 2018
Sold
$665,000
TSMLS #20182946
Dec 20, 2018
Price Changed
$665,000
Dec 20, 2018
Sold
$665,000
Nov 12, 2018
Contingent
—
Oct 31, 2018
Listed
$675,000
Public Records
Aug 27, 1997
Sold
$240,000
Public Records
Jul 14, 1995
Sold
$225,000
Year
Property tax
Land + Additions
Assessment*
2026
$17,215 (−1.0%)
$275,000 + $1,185,000
$1,460,000
2025
$17,381 (+3.6%)
$275,000 + $1,185,000
$1,460,000
2024
$16,783 (+1.0%)
$260,100 + $1,195,419
$1,455,519
2023
$16,614 (+65.6%)
$255,000 + $1,171,980
$1,426,980
2022
$10,031 (+16.1%)
$250,000 + $1,149,000
$1,399,000
2021
$8,636 (+0.8%)
$229,500 + $576,300
$805,800
2020
$8,565 (−0.9%)
$180,349 + $504,977
$685,326
2019
$8,639 (+177.7%)
$178,500 + $499,800
$678,300
2018
$3,110 (+1.9%)
$175,000 + $490,000
$665,000
2017
$3,051 (+1.3%)
$27,508 + $192,603
$220,111
2016
$3,012 (+2.0%)
$27,508 + $192,603
$220,111
2015
$2,953 (+2.8%)
$26,969 + $188,827
$215,796
2014
$2,872 (+0.2%)
$26,044 + $182,348
$208,392
2013
$2,865
$26,044 + $182,348
$208,392
2012
$2,868 (+4.6%)
$25,927 + $181,524
$207,451
2011
$2,741 (+0.4%)
$25,419 + $177,965
$203,384
2010
$2,731 (+1.3%)
$24,921 + $174,476
$199,397
2009
$2,696 (+2.0%)
$24,735 + $173,173
$197,908
2008
$2,643
$24,794 + $173,585
$198,379
Public record
Public record
Zoning
Permits
Beds
5
Baths
3
Stories
—
Lot width
—
Lot depth
—
Lot size
6,176 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
1,874
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,874
Year built
1954
Style
Multi-Family (2-4 Unit)
County
Placer County
APN
090116053000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 9, 2026.
RES
Resort District
The resort district is applied to mountainous areas, water-oriented, or other areas with significant natural amenities and commercial recreational potential, with good access to major highways.
Remove and replace the existing roof with new shingles. The work is a like-for-like replacement.
Roofing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.31% chance of being in a wildfire in next 30 years
1/10 Heat Factor
9 days above 85° expected this year, 25 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
10/10 Air Factor
25 unhealthy days expected this year, 31 days in 30 years
Provided by First Street
Historical weather
Kings Beach, CA • 96143
Average low and high temperatures (°F)
40
24
39
26
47
30
47
30
58
38
69
46
74
51
73
50
65
46
55
38
43
28
41
27
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
76/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
7.9 hrs
5.1 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 8689 Rainbow Ave
$1,611,012
$38K under list price of $1.65M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $825K to $2.4M.