$7,900,000 Active
4930 North Lake Boulevard
Carnelian Bay, CA 96140
✓ 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
·
2.5 Baths
·
2,419 Sq Ft

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About This Property

Located along a sought-after stretch of North Lake Tahoe shoreline, this classic lakefront home captures the essence of relaxed mountain living. With ideal lake and mountain views, two private buoys, and a fully fenced, professionally landscaped backyard, the property is set up for memorable Tahoe summers. Inside, vaulted ceilings and generous windows frame the outdoors, while the open-concept main level connects the kitchen, dining, and living areas to a large upper deck, perfect for summer entertaining or peaceful mornings overlooking the water. The lower level offers additional living space with direct access to the grassy yard, an ideal spot for outdoor games, lounging, or hosting by the lake. Just beyond the yard, a private path leads to Gar Woods for easy, walkable access to waterfront dining and cocktails. Whether you're gathering with friends, spending quiet weekends on the water, or enjoying year-round serenity, this home offers timeless Tahoe charm in one of North Shore’s desirable lakefront settings.

Listed by Jamison Blair — COMPASS

Listing Details

Status Active
MLS # 20262080
Days on Market 1
Price/Sq Ft $3,266

Property History

Oct 06, 2026
Listed for sale
$7,900,000
Property Overview
Beds 3
Baths 2.5
Sq. Ft. 2,419
Lot Size 0.19 acres
Year Built 2005
Property Type Single Family Residence
Style Mountain
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 115050036
Parking
Garage Spaces 2
Parking Features Two, Attached
Attached Garage Yes
Exterior & Lot
Lot Features Landscaped
View Lake, Panoramic-Lake, Panoramic, Mountain(s)
Construction Frame
Roof Composition
Foundation Concrete Perimeter
Utilities & Systems
Heating Natural Gas
📊

STR Investment Analysis

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

STR Investment Analysis

Yellow Zone
STRUCTURAL SCORE Premium
70
PROJECTED GROSS ANNUAL REVENUE
$40K – $60K typically ~$50,000
~$4,167 per month
Avg Nightly
$428
Occupancy
32%
Cap Rate
0.3%

STR Investment Summary — 4930 North Lake Boulevard, Carnelian Bay

Est. Gross Annual Revenue
$40K – $60K
typically ~$50,000
Avg Nightly Rate
$428
Projected Occupancy
32.0%
Cap Rate
0.3%
Structural Score: 70 / 100 (Premium) · STR Zone: Yellow

Nightly rates and occupancy from Carnelian Bay market data (202 comparable 3-bedroom rentals, 2026-08); 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.

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

$47,418 per month
Principal & interest
$39,947/mo
Property taxes
$7,017/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
$454/mo
CA FAIR Plan + DIC estimate, ~$5,000–$5,900/yr — wildfire-zone rates vary; not a bindable quote.
Down payment
20% ($1,580,000)
Home price
$7,900,000
Loan details
30-yr fixed, 6.5%
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