$699,000 Closed
5101 North Lake Boulevard #108
Carnelian Bay, CA 96140
SOLD 2025-10-22
Sold for $624,000 (listed at $699,000)
📋 STR Permit on File
Placer County's public short-term-rental registry shows a permit on file for this home. Permits never transfer with a sale — a buyer applies for their own.
3 Beds
·
2.0 Baths
·
1,679 Sq Ft
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About This Property

Carnelian Woods #108 is beautifully nestled amidst the stunning natural beauty of Tahoe National Forest. Its proximity to an extensive trail system for various outdoor activities like mountain biking, hiking, ski touring, and snowmobiling is a huge draw for adventure seekers. And the fact that it's just a short stroll away from popular beaches like Patton Landing and Carnelian West, as well as lively spots like Garwoods and CB's Bistro, adds to its allure. The convenience of being close to major North Shore ski areas such as Northstar, Alpine Meadows, and Palisades Tahoe, as well as entertainment, dining, and shopping hubs like Tahoe City and Kings Beach, makes it an ideal location for both recreation and relaxation. Moreover, the array of amenities offered at Carnelian Woods adds another layer of appeal. From the heated pool and tennis courts to the clubhouse and hot tubs, there's no shortage of ways to unwind and enjoy leisure time. The inclusion of a par course weaving through the forested property is a thoughtful touch for those who enjoy staying active outdoors. All in all, Carnelian Woods #108 is a dream retreat for outdoor enthusiasts seeking to immerse themselves in the beauty and excitement of Tahoe while also enjoying the comforts of home and community amenities.

Listed by Alex Min — Sierra Sotheby's Int Realty TC

Listing Details

Status Closed
MLS # 20240710
Sold Date 2025-10-22
Sold Price $624,000
Price/Sq Ft $416

Property History

May 10, 2024
Listed for sale
$890,000
Current
Sold
$624,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,679
Year Built 1972
Property Type Residential
Style Mountain
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 116170018
Parking
Parking Features None
Exterior & Lot
Lot Features Greenbelt, Tennis Court
View Lake, Peek, Filtered
Construction Frame
Roof Metal
Pool & Spa
Pool Swimming Pool
Utilities & Systems
Heating Natural Gas, CFAH
Financial
HOA Fee $3,069 / Quarterly
HOA & Community
Community Amenities Pool, Tennis Court(s), Other/See Remarks

STR Investment Summary — 5101 North Lake Boulevard #108, Carnelian Bay

Est. Gross Annual Revenue
$35K – $60K
typically ~$45,000
Avg Nightly Rate
$274
Projected Occupancy
45.0%
Cap Rate
2.6%
Structural Score: 43 / 100 (Standard) · 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.

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