$1,125,000
Active
4135 Nightingale 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.
4
Beds
·
3.0
Baths
·
2,285
Sq Ft
About This Property
Here is a choice opportunity to own in a central North shore location. Located in Carnelian Bay, 100 yards from the Nightingale Trailhead. Access to amazing trails for all your outdoor recreation. A solid home that can be used now while you plan your upgrades to detail the home in your style. Views of the forest behind the home with a spacious deck and hot tub to enjoy nature from your property. Sun drenched front yard and drive provide easy access. A detached workshop, storage area with 220 electrical provides a unique opportunity for the DIY owner.
Listed by Merrill Milner — Coldwell Banker Realty
Listing Details
Status
Active
MLS #
20260328
Days on Market
47
Price/Sq Ft
$492
Property History
Mar 06, 2026
Listed for sale
$1,125,000
Property Overview
Beds
4
Baths
3.0
Sq. Ft.
2,285
Lot Size
0.29 acres
Stories
2
Year Built
1980
Property Type
Single Family Residence
Style
Mountain
Subdivision
North LakeTahoe
County
Placer
STR Jurisdiction
Placer County
APN
092-031-001-000
Parking
Parking Features
Two
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 — 4135 Nightingale Road, Carnelian Bay
Est. Annual Revenue
$58,883
Avg Nightly Rate
$524
Projected Occupancy
30.5%
Cap Rate
2.1%
Structural Score: 49 / 100 (Standard)
· 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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($225,000)
Home price
$1,125,000
Loan details
30-yr fixed, 6.5%
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