Sold $1,600,000 $1,495,000 Closed
4019 Robert Avenue
Carnelian Bay, CA 96140

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SOLD 2026-07-20
Sold for $1,600,000 (listed at $1,495,000)
4 Beds
·
3.5 Baths
·
2,852 Sq Ft

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It sold for $1,600,000 on 2026-07-20, and prices have moved since. Three boxes: leave your number and Murat calls you with what it would sell for today, priced from the latest closed sales nearby.

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Our data on this home

About This Property

Experience classic Tahoe charm in this 4-bedroom, 3.5-bath home located in desirable Carnelian Bay on Lake Tahoe’s North Shore. Situated on a unique double lot, the property provides additional space and privacy rarely found in the area. Enjoy filtered Lake Tahoe views right from your dining room table while being within walking distance to the shores of Lake Tahoe. The main level features the kitchen(Corian counter tops), living room, and two bedrooms, while the upper levels consists of two additional bedrooms, including the primary suite. Perfect set up for large family or 2 families. The home features a large garage(should fit 24 ft boat) with ample room for parking(additional paved parking) and tons of storage, along with a partially fenced backyard(perfect for your favorite pet). Experience the best of Tahoe living with hiking, boating, skiing, and mountain trials all just moments away.

Listed by C. Kelly Smith — Centr-21 Tahoe North, Realtors

Listing Details

Status Closed
MLS # 20260990
Sold Date 2026-07-20
Sold Price $1,600,000
Price/Sq Ft $524

Property History

May 25, 2026
Listed for sale
$1,495,000
Jul 20, 2026
Sold
$1,600,000
Property Overview
Beds 4
Baths 3.5
Sq. Ft. 2,852
Year Built 1985
Property Type Single Family Residence
Style Old Tahoe
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 092141022
Parking
Garage Spaces 2
Parking Features Two
Attached Garage Yes
Exterior & Lot
Lot Features Street
View Peek, Filtered
Roof Composition
Utilities & Systems
Heating Natural Gas

STR Investment Summary — 4019 Robert Avenue, Carnelian Bay

Est. Gross Annual Revenue
$75K – $115K
typically ~$95,000
Avg Nightly Rate
$578
Projected Occupancy
45.0%
Cap Rate
2.6%
Structural Score: 66 / 100 (Premium) · STR Zone: Yellow

Nightly rates and occupancy from Carnelian Bay market data (149 comparable 4-bedroom rentals, 2026-10); 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

Over coverage limit
2,931 sq ft covered of 155 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
15,467 sq ft
Allowed Coverage
155 sq ft · 1%
Existing Coverage
2,931 sq ft · 19%
Addable Coverage
0 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 ↗ How the Basin compares

Home Insurance Estimate

California FAIR Plan fire policy + a DIC wrap policy, the usual Tahoe setup

$4,600 – $5,300/yr
about $412/mo
Est. Rebuild Cost (Coverage A)
$1,197,840
FAIR Plan (fire)
$3,800/yr
DIC wrap (theft, water, liability)
$800 – $1,500/yr

Estimate from this ZIP's California FAIR Plan rates (Plan data as of 6/30/2026, with the 29.1% increase effective 10/15/2026) on an estimated rebuild cost, plus a DIC policy at 20–40% of the FAIR premium. Not a bindable quote; a local broker quote depends on the home's age, roof, defensible space and claims history.

See it in the monthly payment Tahoe wildfire insurance costs
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