Sold $1,125,000 $1,200,000 Closed
550 Carnelian Road
Carnelian Bay, CA 96140

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SOLD 2025-10-06
Sold for $1,125,000 (listed at $1,200,000)
4 Beds
·
2.0 Baths
·
1,480 Sq Ft
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About This Property

Located in the sought-after Cedar Flat neighborhood of Carnelian Bay, this spacious and thoughtfully updated 4-bedroom, 2-bathroom home offers the ideal blend of mountain charm and modern comfort, perfect for full-time living or a turnkey vacation getaway. Just minutes from the lake, trails, ski resorts, shopping, and local dining, this property offers year-round enjoyment in one of North Lake Tahoe’s most desirable communities. Step inside to a bright and inviting open-concept living area, where vaulted ceilings with exposed wood beams create warmth and character. The beautifully reimagined kitchen features stainless steel appliances, a generous center island with seating for six, ample cabinetry, and stylish lighting. The layout flows seamlessly into the living room, anchored by a cozy gas fireplace. Two large glass sliders flood the space with natural light and lead to an expansive deck and hot tub, ideal for entertaining. The home’s four spacious bedrooms, two upstairs and two downstairs, include custom built-in closet systems for added function. A full bathroom upstairs (with in-floor electric heat), and a ¾ bath downstairs offer flexibility and comfort for your guests. As part of the Cedar Flat Improvement Association, enjoy exclusive access to a private pier, buoy field, beach, and lakefront park, all just a short drive from the home. Recent upgrades include new cedar shiplap siding, an upgraded 200-amp electrical panel, updated windows, lighting, and flooring throughout. The extensive remodel was fully permitted through Placer County and completed by a licensed contractor. Offered mostly furnished, this home is ready for immediate enjoyment. Whether you're seeking a full-time residence, a weekend retreat, or an investment property with outstanding HOA amenities, this is your opportunity to Find Your Tahoe and live the mountain lifestyle you've been dreaming of.

Listed by Miranda Miller — Chase International - TC

Listing Details

Status Closed
MLS # 20251751
Sold Date 2025-10-06
Sold Price $1,125,000
Price/Sq Ft $811

Property History

Aug 01, 2025
Listed for sale
$1,200,000
Current
Sold
$1,125,000
Property Overview
Beds 4
Baths 2.0
Sq. Ft. 1,480
Lot Size 0.47 acres
Year Built 1974
Property Type Single Family Residence
Style Mountain
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 092170045
Parking
Parking Features None, Parking Pad
Exterior & Lot
Lot Features Street, Corner Lot
View Trees/Woods
Roof Metal
Utilities & Systems
Heating Natural Gas
Financial
HOA Fee $590 / Quarterly
HOA & Community
Community Amenities Beach Access

STR Investment Summary — 550 Carnelian Road, Carnelian Bay

Est. Gross Annual Revenue
$45K – $85K
typically ~$65,000
Avg Nightly Rate
$396
Projected Occupancy
45.0%
Cap Rate
2.2%
Structural Score: 55 / 100 (Premium) · STR Zone: Yellow

Nightly rates and occupancy from Carnelian Bay market data (149 comparable 4-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.

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Room to build
3,330 sq ft covered of 6,129 sq ft allowed
2,799 sq ft of coverage still available to add.
Parcel Size
20,428 sq ft
Allowed Coverage
6,129 sq ft · 30%
Existing Coverage
3,330 sq ft · 16%
Addable Coverage
2,799 sq ft

TRPA caps how much of each Tahoe Basin parcel can be covered by impervious surfaces — buildings, driveways, decks. Estimated coverage — data: TRPA GIS / Tahoe Open Data. The only authoritative determination of coverage and land capability is a Land Capability Verification through TRPA; actual allowable coverage can differ due to verifications, transfers, banked coverage, or deed restrictions.

TRPA parcel fact sheet ↗ How the Basin compares

Home Insurance Estimate

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

$2,400 – $2,800/yr
about $217/mo
Est. Rebuild Cost (Coverage A)
$621,600
FAIR Plan (fire)
$2,000/yr
DIC wrap (theft, water, liability)
$400 – $800/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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