$1,699,000 Active
3960 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.
4 Beds
·
3.0 Baths
·
1,764 Sq Ft
Virtual Tour

About This Property

Newly remodeled expanded and updated North Shore Lake Tahoe home with permits - This beautifully refreshed single story Carnelian Bay home offers modern comfort, mountain character and an exceptional location near outdoor recreation. Hiking and biking trails are less than two blocks away with a nearby trail leading to public lake access and the beach.The extensive renovation and expansion added a new primary suite, front entrance, laundry room, coffee bar/pantry and potential office in garage. Improvements include new concrete siding, insulation, composite shingle roof and trusses, dual pane windows, 3 new and remodeled no-threshold full baths (just wheel right into the shower!), new doors, new water heater, baseboards and trim, walk in closets, hall storage cabinets, plus new LVP flooring with cork insulation throughout. The updated kitchen features Silestone Quartz countertops, floor to ceiling tile backsplash with open shelving, and a built in dining bench with storage. The new entry expanded the roof line to create easier access when arriving in the snow and a storage area for boots and coats upon arrival. The living area is anchored by a new Osburn wood burning fireplace and hearty cork insulated Oak-LVP flooring. The insulated garage features an 8' x 16' garage door and offers potential for a workspace conversion. Enjoy Tahoe evenings in the owned less than 2 year old saltwater hot tub and appreciate a home that is offered partially furnished and equipped for easy living. This 4 bedroom home has a primary and a 2nd Jr Suite to accommodate multi generational living or frequent guests. Included furnishings are a primary bedroom set, bunk beds and a desk, dining table and chairs, Samsung LED wall mounted TV, LG washer and dryer, Dreame robot vacuum, refrigerator and beverage cooler. Located in a Firewise community with NO HOA dues -this move in ready home combines substantial permitted improvements, single story living and convenient access to Tahoe's trails, beach and outdoor lifestyle. *Placer County Trail and Dollar Creek Trail are less than 2 blocks from the house - see attached map showing La Crosse proximity **Nearby North Shore Trail will take you all the way to Meeks Bay in West Shore! Commons Beach in Tahoe City has concerts, paddle boarding rentals and more ***Near Gar Woods lake front restaurant and Tahoe City Downtown where you will find fine dining at Wolfdales, pizza at Za's, BLTs at the Damn Cafe and Truckee River Rafting. In less than a 24 minute bike ride you will be in Lake Forest where kids summer camps take place and you'll find the amazing Sugar Pine Bakery serving up cakes, coffee and pastries. Carnelian Heights neighborhood has primarily full time residents with access to North Tahoe High School and several public school options including a bilingual program. 3D Matterport tour: https://my.matterport.com/show/?m=DiLCRabrpXB

Listed by Marlease Sewell — Nick Sadek Sotheby's Internati

Listing Details

Status Active
MLS # 20261762
Days on Market 7
Price/Sq Ft $963

Property History

Aug 24, 2026
Listed for sale
$1,699,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Dec 2023 $835,000 Marlo EckertColdwell Banker Realty Marlease SewellNick Sadek Sotheby's Internati

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 4
Baths 3.0
Sq. Ft. 1,764
Year Built 1979
Property Type Single Family Residence
Style Modern
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 092212001000
Parking
Garage Spaces 2
Parking Features Two
Attached Garage Yes
Exterior & Lot
Lot Features Street
📊

STR Investment Analysis

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

STR Investment Analysis

Yellow Zone
STRUCTURAL SCORE Premium
71
PROJECTED GROSS ANNUAL REVENUE
$61K – $94K typically ~$77,518
~$6,460 per month
Avg Nightly
$472
Occupancy
45%
Cap Rate
1.8%

STR Investment Summary — 3960 Lacrosse Drive, Carnelian Bay

Est. Gross Annual Revenue
$61K – $94K
typically ~$77,518
Avg Nightly Rate
$472
Projected Occupancy
45.0%
Cap Rate
1.8%
Structural Score: 71 / 100 (Premium) · STR Zone: Yellow

Nightly rates and occupancy from Carnelian Bay market data (151 comparable 4-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
3,002 sq ft covered of 3,518 sq ft allowed
516 sq ft of coverage still available to add.
Parcel Size
12,670 sq ft
Allowed Coverage
3,518 sq ft · 28%
Existing Coverage
3,002 sq ft · 24%
Addable Coverage
516 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% ($339,800)
Home price
$1,699,000
Loan details
30-yr fixed, 6.5%
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