About This Property
Private North Lake Tahoe Mountain Retreat. Tucked away in an exceptionally private and peaceful setting, this hidden gem offers an extraordinary opportunity to experience the very best of North Lake Tahoe living. Perfectly positioned between Tahoe City and Kings Beach, the home combines the serenity of a secluded mountain retreat with convenient access to renowned dining, boutique shopping, world-class ski resorts, pristine beaches, golf, hiking and biking trails, and endless year-round recreation. Surrounded by towering pines, the property is thoughtfully landscaped to complement its natural surroundings, creating a welcoming sense of arrival. The enclosed deck serves as an extension of the home's living space. An inviting setting for morning coffee, evening gatherings, or simply relaxing while taking in the peaceful beauty of the Sierra. Designed for both comfortable everyday living and effortless entertaining, the spacious kitchen is the heart of the home. With generous workspace and room to gather, it's ideal for preparing holiday meals, hosting family and friends, or enjoying quiet evenings after a day on the lake or the slopes. Thoughtful improvements enhance both comfort and peace of mind, including a new electrical panel (2020), refrigerator (2023), microwave (2024), and an energy-efficient on-demand tankless water heater installed in late 2025. Additional features include a wood-burning stove that creates a warm mountain ambiance, a stackable washer and dryer, and abundant off-street parking for residents and guests. The detached 10' x 14' storage shed with electricity provides exceptional flexibility charging electric toys, storing outdoor equipment, creating a workshop, or pursuing hobbies. Mountain-ready amenities including bear wire protection at both the front and rear of the property and a dedicated bear box offer added convenience for year-round living. Whether you're searching for a full-time residence, a weekend mountain escape, or an investment opportunity, this exceptional property delivers the lifestyle that makes North Lake Tahoe so sought after. Offering rare privacy, thoughtful updates, and easy access to everything the region has to offer, this is mountain living at its finest.
Listing Details
Property History
Sale History · changed hands 1×
| Sold | Price | Listing agent (sell side) | Buyer agent (buy side) |
|---|---|---|---|
| May 2020 · county record | $545,000 | 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.
STR Investment Analysis
Permitted ZoneSTR Investment Summary — 3870 Forest Drive, Carnelian Bay
Based on comparable vacation rental performance data for Carnelian Bay. Revenue projections are estimates and may vary.
Land Coverage (TRPA)
Tahoe Regional Planning Agency impervious-coverage budget for this parcel
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
