$3,800,000 Active
4530 Ridgewood 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
·
3.5 Baths
·
2,956 Sq Ft

About This Property

Captivating lake views, thoughtful design, and timeless mountain elegance define this exceptional 4-bedroom, 3.5-bath residence. Designed to support both relaxation and wellness, the home embraces the restorative benefits of its natural surroundings, with expansive windows and outdoor spaces that foster a seamless connection to the lake and mountain landscape. The chef's kitchen showcases custom Canadian lacquer cabinetry and granite countertops, abundant storage, and a generous walk-in pantry. The open-concept living area is anchored by a striking floor-to-ceiling gas fireplace, creating a warm and inviting gathering space while framing beautiful lake vistas. In-ceiling and portable speakers supply surround sound inside with deck speakers for outdoor ambiance. The main-level primary suite serves as a private sanctuary, opening directly to a lakeview deck ideal for morning coffee, yoga, or quiet reflection. The suite also features a spacious walk-in closet and a spa-inspired bath complete with a soaking tub, separate shower, and private water closet. Upstairs, a versatile loft provides additional living space, accompanied by two guest bedrooms with partial lake views and a separate ensuite bedroom ideal for family and guests. A dedicated laundry room, heated oversized garage fitted with custom cabinets and desk, and ample storage enhance functionality throughout. A spacious crawl space contains the Forced Air Furnace (serviced annually) and hot water heater. Outside, a level lakeview lawn invites recreation, outdoor entertaining, and peaceful moments immersed in nature. This original owner has used the home about 75 days a year, and the property is managed by a personal Estate Manager for landscape and interior maintenance along with twice a month and on-call cleaning. You’ll find beautiful wind sculptures and striking animal statues around the exterior. Blending refined finishes, exceptional comfort, and a wellness-oriented lifestyle, this remarkable property offers a rare opportunity to experience mountain and lake view living at its finest.

Listed by Katrine Watson — Chase International - TC

Listing Details

Status Active
MLS # 20261073
Price/Sq Ft $1,286

Property History

Jun 04, 2026
Listed for sale
$3,800,000
Property Overview
Beds 4
Baths 3.5
Sq. Ft. 2,956
Lot Size 0.41 acres
Stories 2
Year Built 2001
Property Type Single Family Residence
Style Mountain
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 091-164-006-000
Parking
Parking Features Two
Exterior & Lot
Exterior Features Pantry,High Ceilings,Landscaping,Phone,High Speed Internet
View Lake,Peek,Filtered,Wooded,Mountain
Construction Framed,Log
Roof Composition
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 — 4530 Ridgewood Drive, Carnelian Bay

Est. Annual Revenue
$181,818
Avg Nightly Rate
$1554
Projected Occupancy
32.0%
Cap Rate
1.9%
Structural Score: 75 / 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
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% ($760,000)
Home price
$3,800,000
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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