$850,000 $885,000 ↓ $35,000 reduced Pending
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. Enjoy optimal privacy and comfort with three spacious bedrooms, two with their own private bathrooms. 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 Pending
MLS # 20260912
Days on Market 90
Sold Date 2026-09-02
Price/Sq Ft $707

Property History

May 21, 2026
Listed for sale
$885,000
Jul 21, 2026
Price reduced
$860,000 $885,000 ↓ $25,000
Aug 03, 2026
Price reduced
$850,000 $860,000 ↓ $10,000
Aug 12, 2026
Pending
$850,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,202
Lot Size 0.22 acres
Year Built 1979
Property Type Single Family Residence
Style Chalet
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 091220015000
Parking
Parking Features None
Exterior & Lot
Lot Features Street
View Trees/Woods
Construction Frame
Roof Composition
Foundation Concrete Perimeter
Utilities & Systems
Heating Natural Gas
📊

STR Investment Analysis

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

STR Investment Analysis

Yellow Zone
STRUCTURAL SCORE Standard
48
PROJECTED GROSS ANNUAL REVENUE
$20K – $39K typically ~$29,154
~$2,430 per month
Avg Nightly
$178
Occupancy
45%
Cap Rate
1.4%

STR Investment Summary — 325 North Ridge Drive, Carnelian Bay

Est. Gross Annual Revenue
$20K – $39K
typically ~$29,154
Avg Nightly Rate
$178
Projected Occupancy
45.0%
Cap Rate
1.4%
Structural Score: 48 / 100 (Standard) · STR Zone: Yellow

Nightly rates and occupancy from Carnelian Bay market data (202 comparable 3-bedroom rentals, 2026-08); seasonality from comparable Tahoe rentals. Gross of management, cleaning and platform fees. Assumes full-year availability, professional management and dynamic pricing; owner use reduces it. Estimates vary.

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Room to build
1,193 sq ft covered of 2,995 sq ft allowed
1,802 sq ft of coverage still available to add.
Parcel Size
9,984 sq ft
Allowed Coverage
2,995 sq ft · 30%
Existing Coverage
1,193 sq ft · 12%
Addable Coverage
1,802 sq ft

TRPA caps how much of each Tahoe Basin parcel can be covered by impervious surfaces — buildings, driveways, decks. Estimated coverage — data: TRPA GIS / Tahoe Open Data. The only authoritative determination of coverage and land capability is a Land Capability Verification through TRPA; actual allowable coverage can differ due to verifications, transfers, banked coverage, or deed restrictions.

TRPA parcel fact sheet ↗

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% ($170,000)
Home price
$850,000
Loan details
30-yr fixed, 6.5%
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