$1,150,000
3865 Dinah 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.
3 Beds
·
2.0 Baths
·
1,423 Sq Ft

About This Property

Step into true mountain Living in this Classic Tahoe Chalet by Sherman Homes featuring an open great room with pine vaulted ceilings and a wood burning river rock fireplace. Spacious living and dining areas flow into an open kitchen with breakfast bar. Three bedrooms on the main level plus a large two car garage with added storage loft and custom bike/ski storage system($7k), and an expansive sun deck above with newer synthetic decking($5k).Successful Airbnb history with recent updates including a new refrigerator, updated water shut off in downstairs closet for easy access year-round, recent roof inspection, and completed fire inspection for STR permit. Serene filtered lake views, wood wrapped windows, vaulted beam ceilings, and offered mostly furnished and Ideally located in Carnelian Bay just steps to trailhead access and minutes away from Tahoe City, Palisades Tahoe, and Homewoodperfect as a weekend recreation hub, full time Alpine retreat, or Income-producing getaway, come see this one for yourself! This home is owner occupied and shows pride of ownership.

Listed by Matthew Biscotti — Coldwell Banker Select R.E.

Listing Details

Status Active
MLS # 142723
Sold Date 1800-01-01
Price/Sq Ft $808

Property History

Apr 15, 2026
Listed for sale
$1,150,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,423
Lot Size 0.27 acres
Stories 2
Year Built 1997
Property Type Single Family Residence
Style Chalet
Subdivision Out of Area-CA
County Placer
STR Jurisdiction Placer County
APN 09208301200
Parking
Garage Spaces 2
Parking Features 2.00
Attached Garage Yes
Exterior & Lot
View Mountains,Filtered,Forest
Construction Wood Frame
Roof Pitched,Composition
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Natural Gas
Cooling Natural Gas
Financial
HOA / Community South Tahoe Association of Realtors
📊

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 — 3865 Dinah Road, Carnelian Bay

Est. Annual Revenue
$63,866
Avg Nightly Rate
$437
Projected Occupancy
39.9%
Cap Rate
2.2%
Structural Score: 72 / 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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($230,000)
Home price
$1,150,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Real Estate Agent
License #CA 02235314

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