$639,000 Active
5247 Turquoise Avenue
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
·
1.0 Baths
·
Virtual Tour

About This Property

Proof that great things can come in small packages! This petite retreat offers 1 bed + loft and 1 bath accented with classic knotty pine interior, high ceilings, and true Tahoe Charm. Spacious loft makes a great primary escape with big windows for viewing the forest, peeks of the lake and skylights for stargazing. Enjoy a private back deck for woodsy enjoyment of the national forest parcel behind. Great sun exposure and easy proximity to restaurants, mini golf, and the shores of lake Tahoe less than 1/4 mile away. This spot is a perfect vacation getaway or starter home. Level access and plenty of parking and a large storage enclosure for seasonal toys and gear. Dreams happen here!

Listed by Wendy Poore — West Lake Properties at Tahoe

Listing Details

Status Active
MLS # 20261483

Property History

Jul 17, 2026
Listed for sale
$639,000
Property Overview
Beds 2
Baths 1.0
Lot Size 0.14 acres
Year Built 1959
Property Type Single Family Residence
Style Chalet
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 115030003
Parking
Parking Features None, Detached
Exterior & Lot
Lot Features Greenbelt
View Lake, Peek, Filtered
Construction Frame
Roof Metal
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 — 5247 Turquoise Avenue, Carnelian Bay

Est. Annual Revenue
$44,038
Avg Nightly Rate
$220
Projected Occupancy
54.7%
Cap Rate
2.8%
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
899 sq ft covered of 1,877 sq ft allowed
978 sq ft of coverage still available to add.
Parcel Size
6,256 sq ft
Allowed Coverage
1,877 sq ft · 30%
Existing Coverage
899 sq ft · 14%
Addable Coverage
978 sq ft

TRPA caps how much of each Tahoe Basin parcel can be covered by impervious surfaces — buildings, driveways, decks. Figures come from TRPA's public parcel data and are estimates; verify before relying on them for a build or purchase.

Verify on Tahoe Info ↗

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% ($127,800)
Home price
$639,000
Loan details
30-yr fixed, 6.5%
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