$4,200,000
4470 Huckleberry Drive
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
·
4.0 Baths
·
2,932 Sq Ft
Virtual Tour

About This Property

Huckleberry Overlook Lodge is a remarkable 4-bedroom, 4-bathroom luxury home in Carnelian Bay with panoramic views of Lake Tahoe. Rebuilt and expanded in 2019, this one-of-a-kind mountain retreat blends timeless materials, thoughtful design, and exceptional comfort. Adding to its appeal, the property includes membership in the Ridgewood Pier Owners Association, which offers private lake access and the potential to obtain a buoy. Reclaimed wood is showcased throughout the home in the ceilings, beams, custom doors, vanities, and trim, creating a warm and refined mountain aesthetic that honors Tahoe’s rich heritage. Hand-scraped hardwood floors run throughout the residence, while the designer bathrooms feature heated floors, reclaimed wood vanities, and custom shower enclosures. The gourmet kitchen is understated and elegant, offering lake views, custom cabinetry, a large island, a paneled Sub-Zero refrigerator, a 6-burner Wolf range, dual Wolf ovens, and a Cove dishwasher. The lower level offers a private family room with lake views and a full bathroom, ideal as a media room, fitness studio, playroom, or overflow guest space. The primary suite is a true retreat, with a wall of windows framing Lake Tahoe and the East Shore mountains, vaulted reclaimed-wood ceilings, and direct access to the upper deck, where a lakeview hot tub awaits. The detached garage is heated and includes epoxy floors, built-in storage, and a laundry area. Above the garage is a guest quarters with an open sleeping area, living space, full bathroom, and a balcony with lake views. This bonus area is not included in the home’s square footage or bedroom and bathroom count. Additional features include forced air heating, central air conditioning, and a Generac backup generator system. The beautifully landscaped grounds offer an irrigated lawn, flowering bushes, and a new paver patio with a gas fire pit. With panoramic lake views, private lake access, and exceptional craftsmanship throughout, Huckleberry Overlook Lodge is a rare Tahoe offering that captures the very best of mountain living. Offered turn-key with designer furnishings for a move-in-ready experience.

Listed by David Westall — Sierra Sotheby's Int - Rock

Listing Details

Status Active
MLS # 20260563
Price/Sq Ft $1,432

Property History

Apr 15, 2026
Listed for sale
$4,200,000
Property Overview
Beds 4
Baths 4.0
Sq. Ft. 2,932
Lot Size 0.31 acres
Stories 3
Year Built 1983
Property Type Single Family Residence
Style Mountain
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 091-163-001-000
Parking
Parking Features Two
Exterior & Lot
Exterior Features Landscaping,Hot Tub,Air Conditioning,Generator
Lot Features Downslope,Gentle,Varies
View Lake,Panoramic-Lake,Panoramic,Mountain
Construction Framed,Masonry
Roof Composition,Metal
Foundation Perim Concrete
Utilities & Systems
Heating Natural Gas,CFAH,Radiant
Water Source Buoy Limited,Shared Pier
Financial
HOA Fee $350
HOA / Community https://www.rpoatahoe.com/
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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 — 4470 Huckleberry Drive, Carnelian Bay

Est. Annual Revenue
$225,693
Avg Nightly Rate
$1929
Projected Occupancy
32.0%
Cap Rate
2.1%
Structural Score: 77 / 100 (Luxury) · 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% ($840,000)
Home price
$4,200,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Real Estate Agent
License #CA 02235314

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