$2,599,000 Active
609 Tallac Street
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
·
3.5 Baths
·
3,082 Sq Ft

About This Property

Nestled among the trees in the heart of Carnelian Bay, this stunning contemporary mountain retreat backs to a large acreage parcel and offers the perfect blend of luxury, comfort, and Tahoe charm. Just a short walk to Carnelian Bay beach, Gar Woods Grill & Pier, and countless outdoor adventures, this beautifully designed 4-bedroom, 3.5-bath home was built for gathering, entertaining, and relaxing in style. The upper level features an expansive open-concept living area with soaring ceilings, a cozy fireplace, and direct access to a spacious deck overlooking the forested backyard. The open layout seamlessly connects the living room, dining area, and chef-inspired kitchen, creating an ideal space for entertaining and everyday living. The modern kitchen showcases a large quartz island with a built-in 4-burner gas cook top beneath striking contemporary pendant lighting. Stainless steel appliances include a double oven, over sized refrigerator, and dishwasher, while abundant counter space makes meal preparation effortless. Adjacent to the kitchen, the dining area and secondary deck provide additional indoor-outdoor living opportunities. The private upper-level primary suite serves as a luxurious escape, complete with a spacious walk-in closet and spa-inspired ensuite bathroom featuring heated floors, a soaking tub overlooking the forest, a walk-in shower with waterfall shower head, double vanity, and separate water closet. Also located on the second level are a half bathroom and a laundry room with in-unit washer and dryer. Downstairs, the home continues to impress with a second over sized living area ideal for entertaining, recreation, or flexible use. Three additional bedrooms and two beautifully updated bathrooms complete the lower level. One guest suite offers private patio access to the backyard along with its own ensuite bathroom. The additional bathrooms showcase sleek modern finishes, floating vanities, sliding barn-style glass doors, and waterfall shower heads for a polished contemporary aesthetic throughout. Additional features include keyless entry, a two-car garage, air conditioning, contemporary finishes throughout, and a peaceful forested setting that perfectly captures the essence of modern Tahoe living. Whether you’re looking for a luxurious full-time residence, vacation getaway, or investment opportunity, this exceptional Tahoe home delivers mountain living at its finest. Property is being sold subject to existing vacation rentals which run through September 14, 2026

Listed by C. Kelly Smith — Centr-21 Tahoe North, Realtors

Listing Details

Status Active
MLS # 20260997
Price/Sq Ft $843

Property History

May 26, 2026
Listed for sale
$2,599,000
Property Overview
Beds 4
Baths 3.5
Sq. Ft. 3,082
Stories 2
Year Built 2023
Property Type Single Family Residence
Style Mountain
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 115-040-004-000
Parking
Parking Features Two
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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 — 609 Tallac Street, Carnelian Bay

Est. Annual Revenue
$84,167
Avg Nightly Rate
$859
Projected Occupancy
27.1%
Cap Rate
1.3%
Structural Score: 76 / 100 (Luxury) · 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% ($519,800)
Home price
$2,599,000
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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