$949,800 Active
5695 Uplands Road
Carnelian Bay, CA 96140
✓ STR Allowed — Permit Required
Placer County STR permit required. County-wide cap of 3,900 permits — new permits available until cap is reached.
3 Beds
·
2.0 Baths
·
1,648 Sq Ft

About This Property

Located within easy walking distance to both the lake and forest trails, this inviting 3-bedroom, 2-bath home with a spacious loft offers the perfect blend of comfort, convenience, and Tahoe charm. Enjoy the cathedral ceilings and an open floor plan that fills the space with morning sun—ideal for relaxing or entertaining. Step outside to a redwood deck complete with a private hot tub and take in the serene setting with pocket lake views. With potential access to a community pool, pier, and buoy field, your outdoor lifestyle is fully supported. This home also boasts a strong rental history, helping to offset ownership-costs and making it an attractive option for both full-time use and vacation rental investment.

Listed by Brett Williams — Agate Bay Realty, Inc.

Listing Details

Status Active
MLS # 20261273
Days on Market 1
Price/Sq Ft $576

Property History

Jun 24, 2026
Listed for sale
$949,800
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,648
Lot Size 0.30 acres
Stories 2
Year Built 1978
Property Type Single Family Residence
Style Modified A-Frame
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 116-100-035-000
Parking
Parking Features None
Exterior & Lot
Exterior Features High Ceilings,Rental History,Swimming Pool,Tennis Court,High Speed Internet,Hot Tub
Lot Features Level,Corner
View Lake,Peek,Filtered
Construction Framed
Roof Composition
Foundation Perim Concrete
Utilities & Systems
Heating Natural Gas,CFAH
Water Source Buoy,Buoy Permitted,Shared Pier,Pier/Permitted
Financial
HOA Fee $900
HOA & Community
Community Amenities Pool,Tennis Courts,Other/See Remarks
📊

STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Excellent
87
PROJECTED ANNUAL REVENUE
$142,500 ($118K – $167K range)
~$11,875 per month
Avg Nightly
$485
Occupancy
68%
Cap Rate
5.2%

STR Investment Summary — 5695 Uplands Road, Carnelian Bay

Est. Annual Revenue
$67,227
Avg Nightly Rate
$542
Projected Occupancy
36.3%
Cap Rate
2.8%
Structural Score: 55 / 100 (Premium) · STR Zone: Yellow

Based on comparable vacation rental performance data for Carnelian Bay. Revenue projections are estimates and may vary.

Cost Segregation Tax Savings

Estimated first-year bonus depreciation savings

Estimated First-Year Tax Savings
$0
via bonus depreciation
Land Value
$0
Improvement Basis
$0
5-Year Property (18%)
$0
15-Year Property (10%)
$0
Estimates are for informational purposes only and do not constitute tax advice. Consult a qualified CPA or tax professional for your specific situation. Actual savings depend on individual tax circumstances.

Payment calculator

$0 per month
Principal & interest
$0
Property taxes
$0
HOA dues
$0
From MLS listing data.
Home insurance
$0
Insurance estimate only — Tahoe wildfire-zone rates vary; get a local broker quote for accuracy.
Down payment
20% ($189,960)
Home price
$949,800
Loan details
30-yr fixed, 6.5%
Request a Tour
Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC
(530) 317-0373

Send a Message

By submitting, you agree to our Terms of Service and Privacy Policy and consent to being contacted by Murat Gocmen.

Or call directly: (530) 317-0373