$850,000 $925,000 ↓ $75,000 reduced Active
4177 North Lake Boulevard
Carnelian Bay, CA 96140

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✓ STR Allowed — Permit Required
Placer County STR permit required. Eastern Placer cap of 3,900 permits (not reached) — new permits available until cap is reached.
3 Beds
·
1.5 Baths
·
1,220 Sq Ft
Virtual Tour

Our data on this home

About This Property

**NEW PRICE! $850,000 | Classic Tahoe Charm, Double Lot & Lake Access in Carnelian Bay!** Your Tahoe getaway awaits! Nestled among towering pines in the desirable Cedar Flat neighborhood, this charming 3-bedroom, 1.5-bath cabin offers authentic Tahoe character, an unbeatable North Shore location, and room to make it your own. Situated on a spacious double lot, the property offers generous outdoor space and endless possibilities for enjoying mountain living. Inside, natural light fills the inviting living areas, creating a warm and welcoming retreat after a day of Tahoe adventures. With convenient access directly off North Lake Boulevard, you're perfectly positioned to enjoy everything the region has to offer without navigating winding neighborhood roads. Spend summer days at the lake with nearby lake access, explore scenic trails, or hit the slopes at Northstar California and Palisades Tahoe, both roughly 20 minutes away. Shopping, dining, beaches, and year-round recreation are all within easy reach. Whether you're dreaming of a weekend escape, a full-time residence, or a place to create lasting Tahoe memories, this classic cabin offers the location, character, and lifestyle that make North Lake Tahoe so special. **Now offered at $850,000—a $75,000 price reduction!** Schedule your private showing today!

Listed by Kristen Pepin — Dudum Real Estate Group, Inc

Listing Details

Status Active
MLS # 20261059
Days on Market 140
Price/Sq Ft $697

Property History

Jun 04, 2026
Listed for sale
$925,000
Oct 20, 2026
Price reduced
$850,000 $925,000 ↓ $75,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Oct 1987 · county record $115,000 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 3
Baths 1.5
Sq. Ft. 1,220
Lot Size 0.25 acres
Year Built 1947
Property Type Single Family Residence
Style Old Tahoe
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 092200019000
Parking
Parking Features None, Parking Pad
Exterior & Lot
Lot Features Street
Construction Frame, Wood Siding
Roof Metal
Foundation Concrete Perimeter
Utilities & Systems
Heating Propane, Electric, Wall Furnace, Other
📊

STR Investment Analysis

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

STR Investment Analysis

Yellow Zone
STRUCTURAL SCORE Standard
49
PROJECTED GROSS ANNUAL REVENUE
$35K – $55K typically ~$45,000
~$3,750 per month
Avg Nightly
$274
Occupancy
45%
Cap Rate
2.2%

STR Investment Summary — 4177 North Lake Boulevard, Carnelian Bay

Est. Gross Annual Revenue
$35K – $55K
typically ~$45,000
Avg Nightly Rate
$274
Projected Occupancy
45.0%
Cap Rate
2.2%
Structural Score: 49 / 100 (Standard) · STR Zone: Yellow

Nightly rates and occupancy from Carnelian Bay market data (203 comparable 3-bedroom rentals, 2026-10); 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
994 sq ft covered of 3,314 sq ft allowed
2,320 sq ft of coverage still available to add.
Parcel Size
11,047 sq ft
Allowed Coverage
3,314 sq ft · 30%
Existing Coverage
994 sq ft · 9%
Addable Coverage
2,320 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 ↗ How the Basin compares

Home Insurance Estimate

California FAIR Plan fire policy + a DIC wrap policy, the usual Tahoe setup

$1,900 – $2,200/yr
about $171/mo
Est. Rebuild Cost (Coverage A)
$512,400
FAIR Plan (fire)
$1,600/yr
DIC wrap (theft, water, liability)
$300 – $600/yr

Estimate from this ZIP's California FAIR Plan rates (Plan data as of 6/30/2026, with the 29.1% increase effective 10/15/2026) on an estimated rebuild cost, plus a DIC policy at 20–40% of the FAIR premium. Not a bindable quote; a local broker quote depends on the home's age, roof, defensible space and claims history.

See it in the monthly payment Tahoe wildfire insurance costs

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

$5,224 per month
Principal & interest
$4,298/mo
Property taxes
$755/mo
1.0659% of the price, Placer County's 2025-26 rate, plus direct charges: California re-assesses a home at its sale price.
HOA dues
$0/mo
From MLS listing data.
Home insurance
$171/mo
CA FAIR Plan + DIC estimate, ~$1,900–$2,200/yr — wildfire-zone rates vary; not a bindable quote.
Down payment
20% ($170,000)
Home price
$850,000
Loan details
30-yr fixed, 6.5%
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