Sold $1,120,000 $1,168,000 Closed
5999 North Lake Boulevard
Carnelian Bay, CA 96140

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SOLD 2026-03-04
Sold for $1,120,000 (listed at $1,168,000)
📋 STR Permit on File
Placer County's public short-term-rental registry shows a permit on file for this home. Permits never transfer with a sale — a buyer applies for their own.
4 Beds
·
2.0 Baths
·
1,296 Sq Ft
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It sold for $1,120,000 on 2026-03-04, 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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About This Property

Your COZY WINTER SKI CABIN Awaits at 5999 North Lake Blvd! HUGE $200,000 Price Reduction from Original Asking Price of $1,368,000, now $1,168,000 ! MOTIVATED SELLERS ! LOOKING FOR OFFERS ! Embrace the classic charm of a vintage Tahoe cabin with modern luxury and incredible income potential! This completely remodeled 4-bedroom, 2-bathroom home offers lake views from the marvelous front deck and a prime location with the option to join the coveted Agate Bay buoy, pool, and tennis amenities. Step inside this Lakeside retreat and discover a beautifully furnished home, complete with all furniture, unique art pieces, and a Private Game room. Ready for immediate enjoyment or continued success as a proven vacation rental, this cabin boasts an excellent gross revenue history of $60,000 annually from VRBO and AirBNB Short Term Rentals.

Listed by Norman Kitching — Chase International - TC

Listing Details

Status Closed
MLS # 20250723
Sold Date 2026-03-04
Sold Price $1,120,000
Price/Sq Ft $901

Property History

May 02, 2025
Listed for sale
$1,368,000
Current
Sold
$1,120,000

Sale History · changed hands 2×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Aug 2023 $1,050,000 Joan JohnsonRedfin Corporation Dustin AllenSierra Sotheby's Int Rlty TK2
Mar 2026 · this listing $1,120,000 (+7%) Norman KitchingChase International - TC Shaye BlazerCOMPASS

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.

Property Overview
Beds 4
Baths 2.0
Sq. Ft. 1,296
Lot Size 0.27 acres
Year Built 1952
Property Type Single Family Residence
Style Ranch
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 116060053
Parking
Parking Features None, Parking Pad
Exterior & Lot
Lot Features Street, Rental History, Corner Lot
View Filtered
Construction Frame
Roof Composition
Foundation Perim Stone
Utilities & Systems
Heating Natural Gas

STR Investment Summary — 5999 North Lake Boulevard, Carnelian Bay

Est. Gross Annual Revenue
$40K – $65K
typically ~$55,000
Avg Nightly Rate
$335
Projected Occupancy
45.0%
Cap Rate
1.9%
Structural Score: 51 / 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.

Home Insurance Estimate

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

$2,000 – $2,400/yr
about $183/mo
Est. Rebuild Cost (Coverage A)
$544,320
FAIR Plan (fire)
$1,700/yr
DIC wrap (theft, water, liability)
$300 – $700/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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