$1,600,000 Active
6023 North Lake Boulevard
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.
4 Beds
·
4.0 Baths
·
1,509 Sq Ft
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About This Property

6023 North Lake Blvd offers a rare opportunity to own a split lakefront property in Agate Bay on Tahoe’s North Shore—bringing together accessibility, lake access, and long-term value in a highly desirable setting. The home sits on the spacious upland parcel with filtered views of the lake and has been operating as an active short-term rental, offering immediate use and income potential. While the property would benefit from updates, it presents a great opportunity for a buyer to improve over time or reimagine the space to better suit their needs. Directly across the street, the lakefront parcel is where the property truly stands apart—featuring approximately 20 feet of private shoreline along with a dedicated buoy. Whether it’s spending the day at the water, heading out on the lake, or simply having a place to unwind, this is a rare and valuable component. Set in Agate Bay, the property enjoys exceptional sun exposure, a central North Shore location, and effortless access to year-round recreation. This split lakefront configuration offers a more refined path into lakefront ownership, pairing a private residential setting with a dedicated shoreline experience across the street. A flexible opportunity—continue as a rental, enhance over time, or create something new in a setting that’s increasingly hard to replicate.

Listed by Brittany Rupp — Brittany Rupp Homes

Listing Details

Status Active
MLS # 20260676
Days on Market 1
Price/Sq Ft $1,060

Property History

Apr 30, 2026
Listed for sale
$1,600,000
Property Overview
Beds 4
Baths 4.0
Sq. Ft. 1,509
Lot Size 0.42 acres
Stories 2
Year Built 1942
Property Type Single Family Residence
Style Old Tahoe
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 117-020-003-000
Parking
Parking Features None
Exterior & Lot
Exterior Features Landscaping,Phone,Cable TV,Rental History,Hot Tub
Lot Features Level,Gentle
View Lake,Filtered
Construction Wooded
Roof Metal,Shake/Shingle
Utilities & Systems
Heating Natural Gas,CFAH,Wall Unit
Water Source Buoy,Buoy Permitted
HOA & Community
Community Amenities Beach Access,Other/See Remarks
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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 — 6023 North Lake Boulevard, Carnelian Bay

Est. Annual Revenue
$94,271
Avg Nightly Rate
$807
Projected Occupancy
32.4%
Cap Rate
2.4%
Structural Score: 53 / 100 (Standard) · 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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($320,000)
Home price
$1,600,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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