$775,000 Active
4115 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.
3 Beds
·
1,570 Sq Ft

About This Property

Your Tahoe lifestyle starts here. Ideally located just across from the shores of the Lake. Nestled in the heart of Cedar Flat, this classic Tahoe-style cabin perfectly blends mountain charm with some modern updates. Featuring a spacious loft and warm wood interiors. Full wet bar, topped with Sequoia and wrapped in reclaimed barn wood from Salem, OR. Sale includes detached shed with a built-out workspace, ideal for gear storage or creative pursuits. Roof was replaced in 2016! Just off North Lake Blvd, enjoy unbeatable access to Tahoe’s best dining, trails, and beaches. The easy-to-access beach across the street is public access and dog-friendly! Plus bus stop off Lardin, quick walk down the block. With its prime location, flexible living spaces, and unbeatable access to the best of Lake Tahoe, 4115 N Lake Boulevard is an opportunity to create your own piece of the Tahoe lifestyle at a price that is increasingly hard to find.

Listed by Jena Lanini — Coldwell Banker Select Real Es

Listing Details

Status Active
MLS # 20261401
Days on Market 46
Price/Sq Ft $494

Property History

Jul 07, 2026
Listed for sale
$775,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Sep 2016 · county record $425,000 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.

Property Overview
Beds 3
Sq. Ft. 1,570
Lot Size 0.17 acres
Year Built 1953
Property Type Single Family Residence
Style Modified A-Frame
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 092154024000
Parking
Parking Features None
Exterior & Lot
Lot Features Street
View Filtered
Construction Frame, Brick
Roof Composition
Foundation Concrete Perimeter
Utilities & Systems
Heating Natural Gas
📊

STR Investment Analysis

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

STR Investment Analysis

Yellow Zone
STRUCTURAL SCORE Standard
45
PROJECTED GROSS ANNUAL REVENUE
$17K – $33K typically ~$25,073
~$2,089 per month
Avg Nightly
$153
Occupancy
45%
Cap Rate
1.3%

STR Investment Summary — 4115 North Lake Boulevard, Carnelian Bay

Est. Gross Annual Revenue
$17K – $33K
typically ~$25,073
Avg Nightly Rate
$153
Projected Occupancy
45.0%
Cap Rate
1.3%
Structural Score: 45 / 100 (Standard) · STR Zone: Yellow

Nightly rates and occupancy from Carnelian Bay market data (202 comparable 3-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
1,449 sq ft covered of 2,206 sq ft allowed
756 sq ft of coverage still available to add.
Parcel Size
7,353 sq ft
Allowed Coverage
2,206 sq ft · 30%
Existing Coverage
1,449 sq ft · 20%
Addable Coverage
756 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 ↗

Building Permit History

Placer County permit records for this parcel

1 expired permit
Residential Limited Plan Review · 2016-10-07
Expired
REMOVE ESHAKE ROOF REPLACE WITH 2" INSULATION, 1/2 IN SHEATHING, AND COMPOSITE SHINGLE ROOF 1800SF COLOR E14 ON TRPA APPROVED COLOR BROCHURE
Permit #BLD16-04548
Building/Residential/Full Review/NA
DONE
Permit #TCON 6252-1

Public permit records from the Placer County permit portal, last checked 2026-08-21. Open permits should be finaled or closed before close of escrow; verify current permit status directly with the county.

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% ($155,000)
Home price
$775,000
Loan details
30-yr fixed, 6.5%
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