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About This Property
This enchanting lakefront retreat is tucked away on Flick Point, one of the most sought-after and scenic spots on the North Shore. Set back from the main road and reached via a shared driveway, the home is surrounded by majestic pine trees. The property includes private lake access through a 50% ownership of an adjacent lakefront parcel. This shared parcel offers 20 feet of shoreline, a lakeside deck with storage for water toys, and a buoy. The charming cabin—remodeled by John Corda—features single-level living with a main-floor bedroom. Unwind on the wrap-around deck beneath the towering pines or take a peaceful walk to the lake or through the vibrant gardens surrounding the home.
Listing Details
Property History
STR Investment Analysis
Yellow ZoneSTR Investment Summary — 5554 North Lake Boulevard, Carnelian Bay
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.
Cost Segregation Tax Savings
Estimated first-year bonus depreciation savings
