$16,900,000 Active
4176 Ferguson Avenue
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.
📋 STR Permit on File
Placer County's public short-term-rental registry shows a permit on file for this address. Permits don't transfer automatically with a sale — verify current status with the county.
5 Beds
·
5.0 Baths
·
4,280 Sq Ft
Virtual Tour

About This Property

Located on one of the most desirable streets on the North Shore, this home offers panoramic south-facing views of Lake Tahoe spanning east to west. With access to world-class ski resorts, and a 50% shared pier with upcoming expansion with 12,000# boat lift, and two buoys, it delivers the best of both worlds. Exposed beams, vaulted ceilings, and a wood-burning fireplace anchor the great room, while floor-to-ceiling windows flood the space with natural light and lake views. The upper level features an open kitchen with a breakfast nook and two guest bedrooms. The primary suite boasts a gas fireplace, deck access, and a spa-inspired en-suite with dual vanities, soaking tub, walk-in shower, and sauna. An additional suite with built-in bunk beds is perfect for family and friends. The lower level offers a self-contained guest suite with a wet bar, gas fireplace, and full bathroom, with sliding doors opening to the patio and lake. Outside, a hot tub awaits under Tahoe's star-filled skies.

Listed by William Dietz — Tahoe Luxury Properties

Listing Details

Status Active
MLS # 1018827
Days on Market 139
Price/Sq Ft $3,949

Property History

Apr 27, 2026
Listed for sale
$16,900,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Dec 2013 · county record $3,575,000 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; rows marked via a listing site fill the years the feed misses using that site's public sale record.

Property Overview
Beds 5
Baths 5.0
Sq. Ft. 4,280
Lot Size 0.14 acres
Stories 2
Year Built 1985
Property Type Single Family Residence
County Placer
STR Jurisdiction Placer County
APN 092-200-025
Parking
Garage Spaces 2
Parking Features Two Car Garage
Attached Garage Yes
Exterior & Lot
View Lake,Mountain(s),Panoramic
Utilities & Systems
Heating Natural Gas,Gas,Hot Water
Financial
Annual Tax $47,895
📊

STR Investment Analysis

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

STR Investment Analysis

Yellow Zone
STRUCTURAL SCORE Premium
66
PROJECTED GROSS ANNUAL REVENUE
$115K – $175K typically ~$145,000
~$12,083 per month
Avg Nightly
$1241
Occupancy
32%
Cap Rate
0.3%

STR Investment Summary — 4176 Ferguson Avenue, Carnelian Bay

Est. Gross Annual Revenue
$115K – $175K
typically ~$145,000
Avg Nightly Rate
$1241
Projected Occupancy
32.0%
Cap Rate
0.3%
Structural Score: 66 / 100 (Premium) · STR Zone: Yellow

Nightly rates and occupancy from Carnelian Bay market data (37 comparable 5-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
1,068 sq ft covered of 1,809 sq ft allowed
741 sq ft of coverage still available to add.
Parcel Size
6,031 sq ft
Allowed Coverage
1,809 sq ft · 30%
Existing Coverage
1,068 sq ft · 18%
Addable Coverage
741 sq ft
Land Capability · TRPA-verified
1b, 6

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

RESIDENTIAL: LIMITED REVIEW - Electrical, Mechanical, Plumbing, Roof Solar, etc · 2021-11-03
Construction Complete
2 GAS FAU'S CHANGE OUTS BOTH 80K BTU'S. USE EXISTING DUCTWORK NEW / REPLACEMENT: Replace Existing # OF SYSTEMS: 2 DUCT AFFECTED: 0 SYSTEM TYPE: Split System
Permit #BLD21-06559
Building/Residential/Full Review/NA
DONE
Permit #TCON 34824

Public permit records from the Placer County permit portal, last checked 2026-09-05. 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% ($3,380,000)
Home price
$16,900,000
Loan details
30-yr fixed, 6.5%
Request a Tour

We'll contact you soon.

R
Real Estate Tahoe
Real Estate Agent

Send a Message