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About This Property
Come see this stunning 3,800sf (per Plans/Seller) Five (5) Bedroom and Five and a Half (5.5) Bath property in lovely Carnelian Bay. This property has been used successfully as a vacation rental but could also be a luxury residence with its opulent finishes and comfortable flow. Huge windows highlight and accentuate the dramatic location and provide a view to the main floor and the top floor. Central heat combines with a cozy wood-burning stove to keep the property “just right” year-round, and the bedrooms and bathrooms all invite you in with tasteful colors, finishes, and fixtures. The kitchen is another highlight, with a bold six-burner gas stove and double oven and stylish concrete countertops. On the bottom floor is a game area, a theater area, as well as two bedrooms great for those who like to stay up late and enjoy movies or the game of pool. The deck is new (within 2 years) and extends the living space into the great-outdoors, helping an owner or guest to easily and safely take in the Tahoe beauty. Further outside, you will find a fire pit and portable spa, as well as lots of storage hidden beneath the home. What a property!
Listing Details
Property History
Sale History · changed hands 2×
| Sold | Price | Listing agent (sell side) | Buyer agent (buy side) |
|---|---|---|---|
| Jan 2020 · via MLS history | $850,000 | — | — |
| May 2021 · via MLS history | $2,335,000 (+175%) | — | — |
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.
STR Investment Analysis
Yellow ZoneSTR Investment Summary — 573 Granite Road, Carnelian Bay
Nightly rates and occupancy from Carnelian Bay market data (36 comparable 5-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
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 comparesHome Insurance Estimate
California FAIR Plan fire policy + a DIC wrap policy, the usual Tahoe setup
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 costsBuilding Permit History
Placer County permit records for this parcel
Public permit records from the Placer County permit portal, last checked 2026-10-05. Open permits should be finaled or closed before close of escrow; verify current permit status directly with the county.
Cost Segregation Tax Savings
Estimated first-year bonus depreciation savings
