$630,000 Active
5101 North Lake Boulevard #11
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.
2 Beds
·
1.5 Baths
·
902 Sq Ft
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About This Property

Sweet spot in Carnelian Woods! Closest to the lake, a dog-friendly beach, HOA amenities, Restaurants (Garwood, the Old Post Office Cafe, CB's Bistro, Waterman's Landing), Magic Carpet miniature golf, Sierra Boat & Marina, with privacy backing to open space that's great for romping and stomping. Light and bright end-unit in a tranquil and central location. Lovingly maintained with good rental history.

Listed by Yvette Shipman — Sierra Sotheby's Int Realty TC

Listing Details

Status Active
MLS # 20261683
Price/Sq Ft $698

Property History

Aug 12, 2026
Listed for sale
$630,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Mar 2006 · county record $455,000 Deed record — brokerage sides not reported

MLS closed sales, with duplicate ingestions collapsed and lease records excluded, so each row is a distinct transaction. Rows marked county record come from the assessor's deed data, which reaches back further than the MLS feed.

Property Overview
Beds 2
Baths 1.5
Sq. Ft. 902
Year Built 1972
Property Type Residential
Style Contemporary
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 116200026000
Parking
Parking Features None, Parking Pad
Exterior & Lot
Lot Features Greenbelt, Rental History, Cul-De-Sac
View Trees/Woods
Construction Frame
Roof Metal
Foundation Pillar/Post/Pier
Utilities & Systems
Heating Natural Gas, CFAH
Financial
HOA Fee $4,007 / Quarterly
HOA & Community
Community Amenities Pool, Tennis Court(s), Other/See Remarks
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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 — 5101 North Lake Boulevard #11, Carnelian Bay

Est. Annual Revenue
$43,833
Avg Nightly Rate
$220
Projected Occupancy
54.5%
Cap Rate
2.8%
Structural Score: 50 / 100 (Standard) · 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% ($126,000)
Home price
$630,000
Loan details
30-yr fixed, 6.5%
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