$898,000 Closed
5532 Nile Road
Carnelian Bay, CA 96140
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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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)
Jun 2019 · county record $810,000 Deed record — brokerage sides not reported
Jul 2026 · this listing $888,000 (+10%) 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.

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
$18K – $35K
typically ~$26,321
Avg Nightly Rate
$160
Projected Occupancy
45.0%
Cap Rate
1.2%
Structural Score: 51 / 100 (Standard) · STR Zone: Yellow

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.

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
3,016 sq ft covered of 145 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
14,531 sq ft
Allowed Coverage
145 sq ft · 1%
Existing Coverage
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. 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 ↗
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