$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
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.

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% ($3,380,000)
Home price
$16,900,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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