$1,385,000 Active
4189 Robert 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.
4 Beds
·
3.0 Baths
·
1,848 Sq Ft
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About This Property

Classic Old Tahoe charm in Carnelian Bay. Set on three combined lots totaling approximately 0.65 acres, this unique property offers a true compound feel with added privacy, space, and a sense of retreat. The 4-bedroom, 3-bath cabin features two primary suites, with the main-level primary offering convenient everyday living and the second suite positioned on the upper level, lending itself well to extended family, an in-law setup, guest quarters, or flexible living space. Filtered lake views, generous paved parking, a two-car garage, and excellent storage throughout make it easy to enjoy Tahoe in every season. Nestled along the beautiful North Shore of Lake Tahoe, the home offers the perfect balance of peaceful mountain living and convenient access to local amenities. Just minutes from the crystal-clear waters of the lake, with Patton Landing Beach approximately 1.6 miles to the north, the property is also close to Tahoe City for boutique shopping, dining, and entertainment. Outdoor enthusiasts will appreciate easy access to hiking and biking trails, world-class skiing at Northstar California Resort and Palisades Tahoe, along with countless beaches and recreation opportunities year-round. A special North Shore retreat with room for mountain gear, gatherings, and lasting Tahoe memories.

Listed by Brittany Rupp — Brittany Rupp Homes

Listing Details

Status Active
MLS # 20260798
Days on Market 1
Price/Sq Ft $749

Property History

May 13, 2026
Listed for sale
$1,385,000
Property Overview
Beds 4
Baths 3.0
Sq. Ft. 1,848
Lot Size 0.65 acres
Stories 2
Year Built 1947
Property Type Single Family Residence
Style Old Tahoe
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 092-200-003-000
Parking
Parking Features Two
Exterior & Lot
Exterior Features High Ceilings
Lot Features Downslope,Corner,Gentle
View Filtered,Wooded
Construction Wooded
Roof Shake/Shingle
Foundation Perim Concrete
Utilities & Systems
Heating Natural Gas,CFAH
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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 — 4189 Robert Avenue, Carnelian Bay

Est. Annual Revenue
$89,273
Avg Nightly Rate
$777
Projected Occupancy
31.8%
Cap Rate
2.6%
Structural Score: 65 / 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% ($277,000)
Home price
$1,385,000
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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