$599,000 Pending
265 Old County Road
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.
2 Beds
·
1.0 Baths
·
632 Sq Ft
Virtual Tour

About This Property

Step into this classic Tahoe cabin and enjoy the best of both lake and forest living. This quaint 2-bedroom retreat, with an additional sleeping loft, comes with existing furniture to enjoy immediate use. While not fancy, the unpretentious cabin is warm, welcoming, and full of classic Tahoe charm. Ownership includes optional membership in the highly sought-after Lake Forest #3 Property Owners Association, offering incredible lake access with a large buoy field (a rare and valuable amenity in North Lake Tahoe), a well-maintained pier, beach chairs, watercraft storage, and tennis/bocce courts. Whether you’re boating, kayaking, or paddleboarding, the Property Owners’ Beach and Pier area offers exceptionally convenient storage/access for all your watercraft, making summertime lake adventures effortless. The cabin sits on a wonderful lot that backs directly to forest open space and a year-round creek. Trails right out the back door connect you to the Tahoe City Nordic Center, the Tahoe City bike path, Dollar Reservoir, and endless miles of hiking and biking. With this mix of lakefront perks and direct trail access, the location is unmatched. Once you spend time here, you’ll understand why the same owners cherished this sweet little cabin for many years.

Listed by Monica Smith — Mountain Luxury Properties Tah

Listing Details

Status Pending
MLS # 20260968
Days on Market 46
Sold Date 2026-08-03
Price/Sq Ft $948

Property History

May 22, 2026
Listed for sale
$599,000
Current
Pending
$599,000
Property Overview
Beds 2
Baths 1.0
Sq. Ft. 632
Lot Size 0.21 acres
Year Built 1957
Property Type Single Family Residence
Style Old Tahoe
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 092120008
Parking
Parking Features None
Exterior & Lot
Lot Features Greenbelt
Construction Frame
Roof Composition
Foundation Concrete Perimeter
Utilities & Systems
Heating Natural Gas
Financial
HOA Fee $350 / Annually
HOA & Community
Community Amenities Beach Access, Tennis Court(s), Other/See Remarks

STR Investment Summary — 265 Old County Road, Carnelian Bay

Est. Annual Revenue
$42,998
📲
See the full STR projection in the app
Average nightly rate, occupancy rates & monthly revenue graphs — plus this home's building-permit history and more. Free in the Real Estate Tahoe app.
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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% ($119,800)
Home price
$599,000
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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