$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.
5 Beds
·
5.0 Baths
·
4,280 Sq Ft
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About This Property

Located on one of the most desirable quiet 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, a shared pier, boat lift, and two buoys, it delivers the best of both worlds year-round. 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 stunning 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 84
Price/Sq Ft $3,949

Property History

Apr 27, 2026
Listed for sale
$16,900,000
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
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STR Investment Analysis

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

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 — 4176 Ferguson Avenue, Carnelian Bay

Est. Annual Revenue
$645,489
Avg Nightly Rate
$5517
Projected Occupancy
32.0%
Cap Rate
1.5%
Structural Score: 66 / 100 (Premium) · STR Zone: Yellow

Based on comparable vacation rental performance data for Carnelian Bay. Revenue projections are estimates and may 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

TRPA caps how much of each Tahoe Basin parcel can be covered by impervious surfaces — buildings, driveways, decks. Figures come from TRPA's public parcel data and are estimates; verify before relying on them for a build or purchase.

Verify on Tahoe Info ↗

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%
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