Sold $555,000 $600,000 Closed
5101 North Lake Boulevard #60
Carnelian Bay, CA 96140

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SOLD 2026-04-27
Sold for $555,000 (listed at $600,000)
2 Beds
·
2.0 Baths
·
1,332 Sq Ft

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It sold for $555,000 on 2026-04-27, and prices have moved since. Three boxes: leave your number and Murat calls you with what it would sell for today, priced from the latest closed sales nearby.

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About This Property

Turnkey Tahoe Living – Furnished & Ski/ Lake Ready! Experience hassle-free Tahoe life in this furnished Carnelian Woods condo, perfectly positioned for lake days, mountain adventures, or a cozy weekend escape. This unit comes move-in ready, with all furniture included, so you can enjoy Tahoe living immediately without the stress of setup or upgrades. The HOA covers snow removal, exterior maintenance, pool access, tennis courts and clubhouse amenities, providing true peace-of-mind and allowing you to focus on enjoying the season. Relax on the balcony with wooded views, host friends in the bright, open living spaces, or explore nearby hiking, skiing, and the lake — all just minutes away. Good walkability to HOA amenities, CB's Bistro for casual dining, Gar Woods Grill and Pier for fine dining with lakeviews. In the summer, Carnelian West beach is nearby along with Magic Carpet Mini Golf! A rare floor plan with 2 bedrooms, 2 lofts and 2 bathrooms. An updated kitchen, high ceilings in the living room and dining area. Entry level has one bedroom a full bathroom, living room, dining room and a small deck. Upstairs to the loft, second bedroom and full bathroom. Up one more level to another loft. Ideal as a second home, vacation retreat, or turnkey rental investment, this condo combines comfort, convenience, and community in one unbeatable package. Schedule your private showing today and see why life in Carnelian Woods is effortless and enjoyable.

Listed by Katrine Watson — Chase International - TC

Listing Details

Status Closed
MLS # 20250571
Sold Date 2026-04-27
Sold Price $555,000
Price/Sq Ft $450

Property History

Apr 13, 2025
Listed for sale
$699,000
Current
Sold
$555,000
Property Overview
Beds 2
Baths 2.0
Sq. Ft. 1,332
Year Built 1973
Property Type Residential
Style Mountain
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 116120002000
Parking
Parking Features None
Exterior & Lot
Lot Features Condo/PUD Project, Rental History
View Trees/Woods
Construction Frame
Roof Composition
Utilities & Systems
Heating CFAH
Financial
HOA Fee $3,568 / Quarterly
HOA & Community
Community Amenities Beach Access, Pool, Tennis Court(s), Other/See Remarks

STR Investment Summary — 5101 North Lake Boulevard #60, Carnelian Bay

Est. Gross Annual Revenue
$50K – $75K
typically ~$60,000
Avg Nightly Rate
$365
Projected Occupancy
45.0%
Cap Rate
4.0%
Structural Score: 60 / 100 (Premium) · STR Zone: Yellow

Nightly rates and occupancy from Carnelian Bay market data (95 comparable 2-bedroom rentals, 2026-10); 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.

Home Insurance Estimate

California FAIR Plan fire policy + a DIC wrap policy, the usual Tahoe setup

$1,600 – $1,800/yr
about $142/mo
Est. Rebuild Cost (Coverage A)
$399,600
FAIR Plan (fire)
$1,300/yr
DIC wrap (theft, water, liability)
$300 – $500/yr

Estimate from this ZIP's California FAIR Plan rates (Plan data as of 6/30/2026, with the 29.1% increase effective 10/15/2026) on an estimated rebuild cost, plus a DIC policy at 20–40% of the FAIR premium. Not a bindable quote; a local broker quote depends on the home's age, roof, defensible space and claims history.

See it in the monthly payment Tahoe wildfire insurance costs
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