$749,000 Active
505 Woodchuck 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
·
2.0 Baths
·
1,772 Sq Ft

About This Property

Offering 1,772 sq. ft. of versatile living space, this 4-bedroom, 2-bathroom home is packed with room to grow and customize. The thoughtful two-story layout features a main-level living area plus a dedicated secondary upstairs living room, perfect for a media space, playroom, or home office. Built for comfort and long-term potential, the home serves as the perfect starting point for buyers looking to craft their ideal mountain haven. Situated on a generous, fully flat corner lot of over 0.27 acres, the exterior provides endless opportunities for outdoor living. Ideal for starting your day in the fresh mountain air or enjoying evening get-togethers under the trees. A rare opportunity in the sought-after Ridgewood neighborhood, this spacious floor plan and large lot offer incredible upside.

Listed by Michael Marrone — Wells and Bennett

Listing Details

Status Active
MLS # 20261651
Days on Market 1
Price/Sq Ft $423

Property History

Aug 07, 2026
Listed for sale
$749,000
Property Overview
Beds 4
Baths 2.0
Sq. Ft. 1,772
Lot Size 0.28 acres
Year Built 1976
Property Type Single Family Residence
Style Mountain
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 091210032000
Parking
Parking Features None
Exterior & Lot
Lot Features Street
View Trees/Woods
Construction Frame
Roof Composition
Utilities & Systems
Heating Natural Gas
📊

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 — 505 Woodchuck Drive, Carnelian Bay

Est. Annual Revenue
$53,890
Avg Nightly Rate
$303
Projected Occupancy
48.8%
Cap Rate
2.9%
Structural Score: 49 / 100 (Standard) · STR Zone: Yellow

Based on comparable vacation rental performance data for Carnelian Bay. Revenue projections are estimates and may vary.

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Room to build
1,851 sq ft covered of 3,642 sq ft allowed
1,792 sq ft of coverage still available to add.
Parcel Size
12,141 sq ft
Allowed Coverage
3,642 sq ft · 30%
Existing Coverage
1,851 sq ft · 15%
Addable Coverage
1,792 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 ↗

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% ($149,800)
Home price
$749,000
Loan details
30-yr fixed, 6.5%
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