Sold $720,000 $779,000 Closed
5783 North Lake Boulevard
Carnelian Bay, CA 96140

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SOLD 2025-12-30
Sold for $720,000 (listed at $779,000)
2 Beds
·
2.0 Baths
·
937 Sq Ft
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It sold for $720,000 on 2025-12-30, and prices have moved since. Three boxes: leave your number and Murat calls you with what it would sell for today, priced from the latest closed sales nearby.

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Our data on this home

About This Property

Welcome to the perfect Old Tahoe style storybook cabin. The exterior of this delightfulhome exudes a warm, inviting atmosphere, while the interior showcases a super cute design that is sure to captivate. The property features two expansive Trex decks, perfect for outdoor entertaining or simply enjoying the great outdoors. With beautiful hardwood flooring throughout and an extra-large .33-acre lot, this cabin provides both comfort and space. Its highly desirable location, just across the street from Lake Tahoe, enhances the appeal, making this cabin a true gem in the heart of nature. An absolutely wonderful rental property - easy access year-round, close to the Lake, lots of parking. Placer County currently has no short term rental waitlist to get a permit. Buy now and generate rental income for the holidays and over the winter - basically equadistant to Northstar, Palisades and Homewood.

Listed by Barbara Wilkinson — Dickson Realty

Listing Details

Status Closed
MLS # 20252265
Sold Date 2025-12-30
Sold Price $720,000
Price/Sq Ft $831

Property History

Oct 05, 2025
Listed for sale
$779,000
Current
Sold
$720,000
Property Overview
Beds 2
Baths 2.0
Sq. Ft. 937
Lot Size 0.33 acres
Year Built 1950
Property Type Single Family Residence
Style Log Cabin
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 116080010
Parking
Parking Features None, Parking Pad
Exterior & Lot
Lot Features Street
View Trees/Woods, Mountain(s)
Construction Log
Roof Composition
Utilities & Systems
Heating Natural Gas, CFAH

STR Investment Summary — 5783 North Lake Boulevard, Carnelian Bay

Est. Gross Annual Revenue
$35K – $55K
typically ~$45,000
Avg Nightly Rate
$274
Projected Occupancy
45.0%
Cap Rate
2.3%
Structural Score: 50 / 100 (Standard) · STR Zone: Yellow

Nightly rates and occupancy from Carnelian Bay market data (95 comparable 2-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.

Home Insurance Estimate

California FAIR Plan fire policy + a DIC wrap policy, the usual Tahoe setup

$1,600 – $1,800/yr
about $142/mo
Est. Rebuild Cost (Coverage A)
$393,540
FAIR Plan (fire)
$1,300/yr
DIC wrap (theft, water, liability)
$300 – $500/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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