$5,950,000 Active
1000 Carnelian Bay Avenue
Carnelian Bay, CA 96140
✓ STR Allowed — Permit Required
Placer County STR permit required. County-wide cap of 3,900 permits — new permits available until cap is reached.
3 Beds
·
4.0 Baths
·
3,700 Sq Ft

About This Property

A truly one-of-a-kind Tahoe retreat offering an extraordinary combination of breathtaking lake and mountain views, complete privacy, and unmatched natural beauty. Situated on three acres with a pond and bordered by National Forest lands with direct access to miles of trails, this exceptional property provides a rare opportunity to own a private sanctuary in one of Lake Tahoe's most coveted settings. Inside, a comprehensive remodel completed in 2022 transformed the home with timeless design, exceptional craftsmanship, and modern comfort. Nothing was left untouched. The stunning kitchen and bathrooms were thoughtfully reimagined, while wide-plank white oak hardwood floors bring warmth and a modern feel throughout. Hydronic in-floor heating provides year-round comfort, complemented by new windows, new siding, and an expansive new decks designed to embrace the surrounding views and natural beauty. Every finish, fixture, and detail reflects a commitment to quality that is both seen and felt the moment you walk through the door. Properties that combine incredible lake and mountain views, a private pond, National Forest boundaries, extensive modern renovations, and this level of privacy are exceptionally rare. More than a home, this is a legacy Tahoe estate—a place where luxury, nature, and peacefulness come together in perfect harmony.

Listed by Lindsay Buchanan — Sierra Sotheby's Int - Rock

Listing Details

Status Active
MLS # 20261147
Price/Sq Ft $1,608

Property History

Jun 12, 2026
Listed for sale
$5,950,000
Property Overview
Beds 3
Baths 4.0
Sq. Ft. 3,700
Lot Size 3.00 acres
Stories 3
Year Built 1979
Property Type Single Family Residence
Style Mountain
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 116-010-005
Parking
Parking Features Three
Exterior & Lot
Exterior Features Pantry,High Ceilings,Landscaping,Zoned for Horses,High Speed Internet
Lot Features Varies
View Lake,Wooded,Mountain
Construction Framed
Roof Composition,Other
Foundation Slab
Utilities & Systems
Heating Hydronic,In Floor
📊

STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Excellent
87
PROJECTED ANNUAL REVENUE
$142,500 ($118K – $167K range)
~$11,875 per month
Avg Nightly
$485
Occupancy
68%
Cap Rate
5.2%

STR Investment Summary — 1000 Carnelian Bay Avenue, Carnelian Bay

Est. Annual Revenue
$258,336
Avg Nightly Rate
$2208
Projected Occupancy
32.0%
Cap Rate
1.7%
Structural Score: 59 / 100 (Premium) · STR Zone: Yellow

Based on comparable vacation rental performance data for Carnelian Bay. Revenue projections are estimates and may vary.

Cost Segregation Tax Savings

Estimated first-year bonus depreciation savings

Estimated First-Year Tax Savings
$0
via bonus depreciation
Land Value
$0
Improvement Basis
$0
5-Year Property (18%)
$0
15-Year Property (10%)
$0
Estimates are for informational purposes only and do not constitute tax advice. Consult a qualified CPA or tax professional for your specific situation. Actual savings depend on individual tax circumstances.

Payment calculator

$0 per month
Principal & interest
$0
Property taxes
$0
HOA dues
$0
From MLS listing data.
Home insurance
$0
Insurance estimate only — Tahoe wildfire-zone rates vary; get a local broker quote for accuracy.
Down payment
20% ($1,190,000)
Home price
$5,950,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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