$899,000 Closed
5393 North Lake Boulevard
Carnelian Bay, CA 96140
SOLD 2025-11-19
Sold for $850,000 (listed at $899,000)
📋 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
·
1,692 Sq Ft
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It sold for $850,000 on 2025-11-19, 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

Price IMPROVEMENT to $899,000, one of the best values in North Lake! Steps to PRIVATE Lake Access | 2-Car Garage | Sunroom | Fenced Yard Welcome to your Tahoe basecamp in beautiful Carnelian Bay, just a short stroll to private beach access for effortless days on the water. Whether you’re launching a paddleboard or relaxing lakeside, this location makes it easy to embrace the Tahoe lifestyle. Inside, the 3-bedroom, 2-bath home includes a bright and versatile sunroom which is perfect as a second living area, game room, or quiet reading nook. Outside, the large fenced backyard is ready for BBQs, fire pits, or a round of horseshoes with friends. A spacious 2-car garage gives you all the room you need for gear storage of skis, bikes, paddleboards, and more. Well-located and full of character, this home offers the ideal balance of comfort, space, and outdoor access. Whether you’re looking for a full-time home or weekend getaway, this Carnelian Bay gem is ready to enjoy.

Listed by Christy Morrison — Home and Slate Real Estate

Listing Details

Status Closed
MLS # 20250255
Sold Date 2025-11-19
Sold Price $850,000
Price/Sq Ft $531

Property History

Feb 26, 2025
Listed for sale
$1,050,000
Current
Sold
$850,000

Sale History · changed hands 2×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Aug 2021 · via MLS history $950,000 — —
Nov 2025 · this listing $850,000 (-11%) Christy MorrisonHome and Slate Real Estate Elizabeth HenningsRedfin Corporation

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; rows marked via a listing site fill the years the feed misses using that site's public sale record.

Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,692
Lot Size 0.20 acres
Year Built 1961
Property Type Single Family Residence
Style Ranch
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 115010004000
Parking
Garage Spaces 2
Parking Features Two, Attached, Insulated, RV Access/Parking, Garage Door Opener, Oversized
Attached Garage Yes
Exterior & Lot
Lot Features Street
View Lake, Filtered, Trees/Woods, Mountain(s)
Roof Composition
Utilities & Systems
Heating Natural Gas, Floor Furnace
HOA & Community
Community Amenities Beach Access

STR Investment Summary — 5393 North Lake Boulevard, Carnelian Bay

Est. Gross Annual Revenue
$35K – $60K
typically ~$45,000
Avg Nightly Rate
$274
Projected Occupancy
45.0%
Cap Rate
2.0%
Structural Score: 60 / 100 (Premium) · 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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