Sold $888,000 $898,000 Closed
5532 Nile Road
Carnelian Bay, CA 96140

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SOLD 2026-07-13
Sold for $888,000 (listed at $898,000)
2 Beds
·
1.0 Baths
·
1,416 Sq Ft
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Our data on this home

About This Property

Tucked into the Agate Bay Heights neighborhood of Carnelian Bay, this beautifully remodeled Tahoe cabin blends clean modern Scandinavian design with classic mountain charm just minutes from trails and the shores of Lake Tahoe. Inside, the home feels fresh, bright, and intentional, with a calm palette, crisp lines, and a warm, minimalist aesthetic throughout. The kitchen is a standout: sleek cabinetry, flush built-in appliances, and a clean, uncluttered look that feels both elevated and effortlessly livable. With 1,416 square feet, the layout offers comfortable main-level living plus a spacious loft that provides flexible additional sleeping space, a home office, or a cozy second lounge. Whether you’re looking for a weekend escape, a full-time Tahoe base, or a low-maintenance modern retreat, this home delivers style, comfort, and location in one inviting package. Set on a generous oversized parcel surrounded by conservancy land, the property offers room to breathe and a true sense of privacy while still being close to beaches, dining, skiing, and everything North Lake Tahoe is known for.

Listed by JB Benna — Sierra Sotheby's Int - Rock

Listing Details

Status Closed
MLS # 20260359
Sold Date 2026-07-13
Sold Price $888,000
Price/Sq Ft $634

Property History

Mar 19, 2026
Listed for sale
$938,000
Jul 19, 2026
Sold
$888,000

Sale History · changed hands 2×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Sep 2022 · via MLS history $661,500 — —
Jul 2026 · this listing $888,000 (+34%) JB BennaSierra Sotheby's Int - Rock Jamison BlairCOMPASS

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 2
Baths 1.0
Sq. Ft. 1,416
Lot Size 0.33 acres
Year Built 1967
Property Type Single Family Residence
Style Mountain
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 116220028
Parking
Parking Features None, Parking Pad
Exterior & Lot
Lot Features Street
View Trees/Woods
Construction Wood Siding
Roof Composition
Foundation Concrete Perimeter
Utilities & Systems
Heating Natural Gas, CFAH

STR Investment Summary — 5532 Nile Road, Carnelian Bay

Est. Gross Annual Revenue
$35K – $55K
typically ~$45,000
Avg Nightly Rate
$274
Projected Occupancy
45.0%
Cap Rate
2.1%
Structural Score: 53 / 100 (Standard) · STR Zone: Yellow

Nightly rates and occupancy from Carnelian Bay market data (95 comparable 2-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

Estimated above allowance
3,016 sq ft covered of 145 sq ft allowed
TRPA's map estimates show more existing coverage than the estimated allowance. Both are estimates, not a ruling: a Land Capability Verification sets the real allowance, and coverage built before TRPA's rules is often legally existing.
Parcel Size
14,531 sq ft
Allowed Coverage · est.
145 sq ft · 1%
Existing Coverage · est.
3,016 sq ft · 21%
Addable Coverage
0 sq ft

TRPA caps how much of each Tahoe Basin parcel can be covered by impervious surfaces — buildings, driveways, decks. Existing coverage is TRPA's satellite estimate; allowed coverage uses TRPA's verified land class when one is on file, otherwise TRPA's estimate — data: TRPA GIS / Tahoe Open Data, LT Info. 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

$2,300 – $2,700/yr
about $208/mo
Est. Rebuild Cost (Coverage A)
$594,720
FAIR Plan (fire)
$1,900/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
This home sold

It sold for $888,000 on 2026-07-13, so it can't be toured.

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