$885,000 Active
325 North Ridge Drive
Carnelian Bay, CA 96145
✓ 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
·
2.0 Baths
·
1,202 Sq Ft
Virtual Tour

About This Property

Charming Tahoe Chalet: Timeless Design Meets Modern Woods Living. Welcome to your ultimate mountain retreat! Nestled on a rare, completely flat parcel, this adorable chalet perfectly blends rich history with timeless mountain design. Originally hand-built by three families, this one-of-a-kind cabin has stood the test of time and is ready to welcome its next generation of memories. Property Highlights: Open-Concept Living: A warm, inviting layout that seamlessly connects the living, dining, and kitchen spaces—perfect for entertaining after a day on the slopes or the lake. Dual Ensuite Bedrooms: Enjoy optimal privacy and comfort with two spacious bedrooms, each featuring its own private bathroom. Backyard Oasis: Step outside into a tranquil, wooded setting. The expansive, flat backyard offers a peaceful escape with plenty of room for outdoor games, summer barbecues, or simply relaxing under the pines. Prime Location: Ideally situated in an upscale neighborhood surrounded by high-end homes. You are just minutes away from the shores of Lake Tahoe and a multitude of world-class hiking, biking, and cross-country skiing trails. Whether you are looking for a classic Tahoe getaway or a lucrative mountain investment, this winner of a cabin is an absolute must-see! Schedule your private tour today and step into your own piece of Tahoe history.

Listed by Jennifer Borwick — Chase International - TC

Listing Details

Status Active
MLS # 20260912
Price/Sq Ft $736

Property History

May 21, 2026
Listed for sale
$885,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,202
Lot Size 0.22 acres
Stories 2
Year Built 1979
Property Type Single Family Residence
Style Chalet
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 091-220-015-000
Parking
Parking Features None
Exterior & Lot
Exterior Features High Ceilings
Lot Features Level
View Wooded
Construction Framed
Roof Composition
Foundation Perim Concrete
Utilities & Systems
Heating Natural Gas
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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 — 325 North Ridge Drive, Carnelian Bay

Est. Annual Revenue
$44,757
Avg Nightly Rate
$286
Projected Occupancy
43.7%
Cap Rate
2.0%
Structural Score: 48 / 100 (Standard) · 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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($177,000)
Home price
$885,000
Loan details
30-yr fixed, 6.5%
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