Sold $888,210 $899,000 Closed
5656 Victoria Road
Carnelian Bay, CA 96140

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SOLD 2026-08-27
Sold for $888,210 (listed at $899,000)
3 Beds
·
2.0 Baths
·
1,632 Sq Ft
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Our data on this home

About This Property

Updated - Open House this Sunday 07/05 10-Noon. Welcome to 5656 Victoria Road in the heart of Carnelian Bay. This well-maintained mountain retreat offers a proven rental history, making it an ideal investment opportunity or full-time residence on the North Shore. Situated on a desirable flat lot, the home features a spacious deck that has been recently painted and stained, perfect for outdoor entertaining and soaking in the peaceful Sierra surroundings. Inside, a striking large stone fireplace anchors the living space, creating a warm and inviting atmosphere year-round. You'll find useable space throughout the home with larger bedrooms and a generously sized living area - no wasted square footage here. The functional layout offers comfortable living with classic Tahoe charm throughout. Tucked in a desirable area of Carnelian Bay, this property delivers the quintessential North Shore lifestyle while being just minutes from lakefront access, Carnelian Bay's shops and dining, and world-class skiing and recreation. Whether you're looking for a revenue-generating vacation rental, a mountain getaway, or a place to call home, this one checks all the boxes.

Listed by Kyle Jacobson — Home and Slate Real Estate

Listing Details

Status Closed
MLS # 20260696
Sold Date 2026-08-27
Sold Price $888,210
Price/Sq Ft $551

Property History

May 03, 2026
Listed for sale
$929,000
Jul 17, 2026
Pending
$899,000
Aug 28, 2026
Sold
$888,210
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,632
Lot Size 0.22 acres
Year Built 1977
Property Type Single Family Residence
Style Mountain
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 116110061
Parking
Parking Features None, Parking Pad
Exterior & Lot
Lot Features Street, Rental History
View Trees/Woods
Roof Composition
Foundation Concrete Perimeter
Utilities & Systems
Heating Natural Gas

STR Investment Summary — 5656 Victoria Road, Carnelian Bay

Est. Gross Annual Revenue
$45K – $70K
typically ~$55,000
Avg Nightly Rate
$335
Projected Occupancy
45.0%
Cap Rate
2.5%
Structural Score: 54 / 100 (Standard) · STR Zone: Yellow

Nightly rates and occupancy from Carnelian Bay market data (203 comparable 3-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
1,448 sq ft covered of 2,938 sq ft allowed
1,490 sq ft of coverage still available to add.
Parcel Size
9,920 sq ft
Allowed Coverage
2,938 sq ft · 30%
Existing Coverage
1,448 sq ft · 15%
Addable Coverage
1,490 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

$2,600 – $3,100/yr
about $238/mo
Est. Rebuild Cost (Coverage A)
$685,440
FAIR Plan (fire)
$2,200/yr
DIC wrap (theft, water, liability)
$400 – $900/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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