$2,250,000 Active
3880 Forest 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.
6 Beds
·
5.0 Baths
·

About This Property

Are you ready for summer fun at Tahoe?? Welcome to "Our Forest Getaway", an exceptional retreat that completely reimagines the mountain lifestyle. Located in a highly desirable, central pocket of Carnelian Bay in North Lake Tahoe, this isn't just a comprehensive remodel; it is a meticulously upgraded sanctuary. Offered for sale with major new furnishings included, this expansive property arrives move-in ready while still allowing room for your own final personal touches. Designed with an abundance of space for family and friends, our Forest Getaway spans a versatile main house and garage complex featuring **6 bedrooms (including 2 on the main level for ease of access) and 5 bathrooms**. Key Property Highlights *The "Flex" Factor: Along with the four bedrooms in the main house space, enjoy exceptional lodging versatility with 2 separate living and bedroom spaces: one is an ensuite guest wing (or possibly a separate game room) boasting its own private entrance, a large closet space, and a full bathroom, counter space that provides potential for a wet bar to be added, and covered decking. And second is a separate ensuite light and bright in-law apartment over the garage, complete with a wet bar, which offers excellent potential for a future ADU conversion. *Wellness Ready: Discover a dedicated space tucked beneath the garage, perfectly suited for a future yoga studio, private gym, or an ultra-quiet home office. *Modern Peace of Mind: The home remodel includes a brand-new kitchen and beautifully refreshed bathrooms featuring new cabinets, countertops, and appliances. The home features updated electrical systems, a brand-new HVAC system, rare central air conditioning, and mini-splits running throughout both buildings—including the fully insulated and enclosed garage. ### The Ultimate Tahoe Lifestyle Centrally positioned just minutes from the sparkling waters of Lake Tahoe, this home offers effortless access to year-round recreation, premium golf courses, miles of hiking and biking trails, and world-class ski resorts. As a massive bonus, ownership includes **free access to the North Tahoe Regional Park**, placing a wealth of activities right at your doorstep: *Summer Fun:** Enjoy world-class new tennis and pickleball courts, a disc golf course, the Tree Top Adventure course, athletic fields, playgrounds, and access to the North Shore's famous sandy beaches. *Water Adventures:** A local boat launch is nearby for your boat or jet skis, and you can easily book a family parasailing trip with Tahoe Watersports in nearby Kings Beach or Tahoe City. *Winter Recreation:** Step out to enjoy the park's groomed cross-country ski trails and sledding hills. --- > **Note on Photography:** Please note that the towels shown in the interior bathroom photos were digitally added to the modified images and are not included in the purchase of the property.

Listed by Sue Daniels — Coldwell Banker Realty

Listing Details

Status Active
MLS # 20260832
Days on Market 44

Property History

May 15, 2026
Listed for sale
$2,250,000
Property Overview
Beds 6
Baths 5.0
Lot Size 0.27 acres
Stories 3
Year Built 1983
Property Type Single Family Residence
Style Mountain
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 092-083-007-000
Parking
Parking Features Two
Exterior & Lot
Exterior Features High Ceilings,Air Conditioning
Lot Features Downslope,Gentle
View Peek,Filtered,Wooded
Construction Framed,Wooded
Roof Composition
Foundation Perim Concrete
Utilities & Systems
Heating Natural Gas,Electric,CFAH,Heat Pump,Wall Unit
HOA & Community
Community Amenities Beach Access,Tennis Courts,Cross Country Skiing,Exercise Equipment,Boat Ramp,Other/See Remarks
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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 — 3880 Forest Road, Carnelian Bay

Est. Annual Revenue
$112,871
Avg Nightly Rate
$1074
Projected Occupancy
29.3%
Cap Rate
2.0%
Structural Score: 65 / 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
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% ($450,000)
Home price
$2,250,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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