Get condos like this by email
When a condo like this lists in Carnelian Bay at a similar price and size, we email you the same day. No account needed.
About This Property
Welcome to Carnelian Woods #73, where tall pines, crisp mountain air, and a short stroll to the lake set the tone the moment you arrive. This 2 bedroom, 2 bathroom condo balances classic mountain warmth with thoughtful updates, making it just as appealing as a weekend retreat as it is a full-time home. The main living area is the heart of the home, with vaulted ceilings and an open layout where the kitchen flows into the dining and living spaces, perfect for gathering after a day on the slopes or the lake. On snowy evenings, the wood-burning fireplace is the place to be, and in the mornings, step out onto the balcony for coffee surrounded by the quiet of the forest. The kitchen features a newer refrigerator and dishwasher, and the in-unit washer and dryer are newer as well, all less than four years old. Both bathrooms have been updated. Above the main living area, the loft is a true flex space. Set it up as a home office, a reading nook, or extra room for overnight guests, with a second bonus loft for added storage. A private storage locker keeps skis, bikes, and paddleboards organized and out of the way. For buyers seeking income potential, this home has operated as a successful short-term rental for the past four years, and is offered turnkey so you can start enjoying it from day one. Life at Carnelian Woods is hard to beat. Spend summer days by the pool, play tennis, pickleball, or bocce, and unwind year-round in the hot tubs and sauna, with a clubhouse and game room for rainy afternoons. Patton Beach, Waterman's Landing, and Gar Woods are all a short stroll away, nearby trails invite hiking and biking, and Northstar, Palisades Tahoe, Tahoe City, and Kings Beach are all within easy reach. Peaceful, well cared for, and full of Tahoe character, this is a place to settle in and enjoy every season.
Listing Details
Property History
STR Investment Analysis
Yellow ZoneSTR Investment Summary — 5101 North Lake Boulevard #73, Carnelian Bay
Nightly rates and occupancy from Carnelian Bay market data (97 comparable 2-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
