8438 Dolly Varden AvenueKings Beach, CA 96143

North Lake Tahoe Living with Flexibility, Income Potential, and Room to Grow Opportunity meets lifestyle in this unique Kings Beach, Lake Tahoe property featuring a three-bedroom, two-bath main residence plus a detached one-bedroom, one-bath Accessory Dwelling Unit (ADU), all situated on a generously sized fenced parcel. Whether you're seeking a full-time mountain home, a vacation retreat, a multi-generational living arrangement, or an investment property with built-in rental income, this versatile offering provides options that are increasingly difficult to find in today's Tahoe market. The main residence features comfortable single-level living with hardwood floors, a striking stone fireplace, and an open-concept living and dining area designed for gathering with family and friends. The thoughtfully designed kitchen flows seamlessly into the living spaces, while a private deck off the primary suite offers a peaceful place to enjoy your morning coffee or unwind after a day on the lake or trails. A covered front porch adds year-round convenience and mountain charm. Adding exceptional value and flexibility is the detached one-bedroom, one-bath ADU located above the garage. Filled with natural light from skylights and dormer windows, this charming residence offers endless possibilities as a guest retreat, private home office, long-term rental, or accommodation for extended family. With its own private entrance and deck, the ADU provides privacy and independence while remaining connected to the main property. Outside, the fully fenced yard provides ample space for entertaining, gardening, pets, or simply enjoying Tahoe's beautiful outdoor setting. A detached storage shed offers room for tools and recreational equipment, while the garage/workshop provides additional storage and workspace. Ample parking accommodates multiple vehicles, making it easy to host family and friends year-round. Located in one of North Lake Tahoe's most convenient and sought-after neighborhoods, you'll enjoy easy access to sandy beaches, hiking and biking trails, golf, pickleball, tennis, cross-country skiing, dining, shopping, and year-round recreation. Old Brockway Golf Course, lake access, paddleboard and kayak storage, and countless outdoor adventures are all just moments away. Properties offering this level of flexibility, usable outdoor space, and income potential are increasingly rare on Tahoe's North Shore. Whether you choose to live in the main home and generate income from the ADU, create a multi-generational living arrangement, or establish a long-term investment property, this offering delivers exceptional versatility in an outstanding Lake Tahoe location. RENTAL PROJECTIONS Available upon request.