$1,495,000 Active
3925 North Lake Boulevard
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.
4 Beds
·
4.0 Baths
·
2,082 Sq Ft
Virtual Tour

About This Property

Ideally located along North Lake Boulevard in Carnelian Bay, this thoughtfully updated mountain retreat offers the perfect blend of comfort, style, and convenience in the heart of North Lake Tahoe. Filtered views of Lake Tahoe add to the home's appeal, providing a visual connection to the lake and the lifestyle that makes the North Shore such a sought-after destination. The home has recently undergone renovations to the kitchen, living room, flooring, and bathrooms, creating a fresh and modern feel throughout. The redesigned kitchen features updated finishes and improved functionality, while the living area provides a warm and inviting space to gather, complete with abundant natural light and a seamless flow for everyday living or entertaining. The flexible floor plan includes two primary suites, offering privacy and comfort for owners and guests alike—an ideal feature for a Tahoe retreat or second-home lifestyle. Positioned minutes from Tahoe's sandy beaches, ski resorts, and year-round recreation, this property offers easy access to everything that makes the North Shore so desirable. Spend your days boating on Lake Tahoe, exploring miles of hiking and biking trails, skiing world-class resorts, or enjoying the area's restaurants and lakeside amenities—all within close reach. A fantastic opportunity to own a turnkey property in Carnelian Bay, whether as a primary residence, second home, or investment property. Combining modern updates, filtered lake views, a versatile floor plan with two primary suites, and an unbeatable North Shore location, this home offers an ideal basecamp for enjoying everything Tahoe has to offer year-round.

Listed by Breck Overall — Sierra Sotheby's Int - Rock

Listing Details

Status Active
MLS # 20261175
Price/Sq Ft $718

Property History

Jun 16, 2026
Listed for sale
$1,495,000
Property Overview
Beds 4
Baths 4.0
Sq. Ft. 2,082
Lot Size 0.19 acres
Stories 2
Year Built 1979
Property Type Single Family Residence
Style Mountain
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 092-141-016-000
Parking
Parking Features Two
Exterior & Lot
Lot Features Downslope
View Lake,Wooded
Roof Composition
Utilities & Systems
Heating CFAH
📊

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 — 3925 North Lake Boulevard, Carnelian Bay

Est. Annual Revenue
$83,631
Avg Nightly Rate
$721
Projected Occupancy
31.9%
Cap Rate
2.2%
Structural Score: 62 / 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% ($299,000)
Home price
$1,495,000
Loan details
30-yr fixed, 6.5%
Request a Tour
Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

Send a Message

Or call directly: (530) 317-0373