$899,000 Active
3705 Lacrosse Drive
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
·
2.0 Baths
·
1,396 Sq Ft

About This Property

Affordable opportunity in a high-end North Lake Tahoe location! Nestled in the heart of desirable Carnelian Heights, this 3-bedroom, 2-bathroom home offers an excellent opportunity to create your own Tahoe retreat in a sought-after neighborhood. This property is the perfect canvas for buyers looking to add their personal style, update the finishes, and build equity while enjoying the benefits of a premier Tahoe location. Situated on a generous lot in a quiet, wooded neighborhood, the property offers ample outdoor space for entertaining, relaxing, and enjoying the peaceful forest setting. The functional floor plan includes a private primary bedroom, two additional bedrooms, and two full bathrooms, providing comfortable space for family and guests. Enjoy easy access to Dollar Creek Trailhead for hiking, snowshoeing, and year-round outdoor recreation, with everyday conveniences just minutes away. North Tahoe High School and regional transportation are also nearby. Located close to the lake and surrounded by the natural beauty of North Lake Tahoe, this is an opportunity to own in a premium location at a more attainable price point. With some cosmetic updating, this home could become a fantastic full-time residence, Tahoe getaway, or gathering place for family and friends.

Listed by C. Kelly Smith — Centr-21 Tahoe North, Realtors

Listing Details

Status Active
MLS # 20261781
Days on Market 1
Price/Sq Ft $644

Property History

Aug 26, 2026
Listed for sale
$899,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Dec 2019 · county record $580,000 Deed record — brokerage sides not reported

MLS closed sales, with duplicate ingestions collapsed and lease records excluded, so each row is a distinct transaction. Rows marked county record come from the assessor's deed data, which reaches back further than the MLS feed.

Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,396
Year Built 1978
Property Type Single Family Residence
Style Mountain
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 092221003000
Parking
Garage Spaces 2
Parking Features Two
Attached Garage Yes
Exterior & Lot
Lot Features Street
View Trees/Woods
📊

STR Investment Analysis

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

STR Investment Analysis

Yellow Zone
STRUCTURAL SCORE Standard
45
PROJECTED GROSS ANNUAL REVENUE
$17K – $33K typically ~$25,073
~$2,089 per month
Avg Nightly
$153
Occupancy
45%
Cap Rate
1.1%

STR Investment Summary — 3705 Lacrosse Drive, Carnelian Bay

Est. Gross Annual Revenue
$17K – $33K
typically ~$25,073
Avg Nightly Rate
$153
Projected Occupancy
45.0%
Cap Rate
1.1%
Structural Score: 45 / 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
1,922 sq ft covered of 3,240 sq ft allowed
1,318 sq ft of coverage still available to add.
Parcel Size
12,961 sq ft
Allowed Coverage
3,240 sq ft · 25%
Existing Coverage
1,922 sq ft · 15%
Addable Coverage
1,318 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% ($179,800)
Home price
$899,000
Loan details
30-yr fixed, 6.5%
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