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About This Property
This spacious, turnkey mountain home in Carnelian Bay offers 3,127 sq. ft. of versatile living space. Membership eligibility in The Ridgewood Pier Owners Association provides pier and buoy access, making summer days on Lake Tahoe effortless. The main residence includes three bedrooms and two full bathrooms, while a sunlit game room addition offers an expansive fourth-bedroom suite with its own kitchen, bathroom, and luxurious steam shower. This flexible layout is an entertainer’s dream, with ample space to host guests or create a separate recreation or office area. You’ll find high-end finishes throughout, including hardwood flooring, solid-core doors, granite countertops, and Thermador appliances. Set on a spacious .3-acre corner lot, enjoy four decks plus a private balcony. The back deck leads straight to a fully fenced backyard with lush, irrigated landscaping. Parking and gear storage are unmatched. The massive, oversized 3-bay garage (designated as a four-car garage) easily holds vehicles and recreation equipment, and comes outfitted with a forced-air vent and an EV charger. Two separate driveways provide abundant parking. Enjoy year-round efficiency with a newly installed hybrid heat pump and furnace system. When mountain storms roll in, a whole-house 24 kW Generac generator provides uninterrupted power and peace of mind. With neighborhood access to a public trailhead, miles of trails are close at hand, stretching toward Tahoe City in one direction and Watson Peak and Northstar in the other. It's an extraordinary launchpad for hiking, mountain biking, and snowmobiling. Carnelian Bay is located between Tahoe City and Kings Beach in North Lake Tahoe. Centrally located with easy access to public beaches, shopping, dining, and world-class skiing.
Listing Details
Property History
Sale History · changed hands 1×
| Sold | Price | Listing agent (sell side) | Buyer agent (buy side) |
|---|---|---|---|
| Aug 2020 · via MLS history | $1,340,000 | — | — |
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 — 615 North Ridge Drive, Carnelian Bay
Nightly rates and occupancy from Carnelian Bay market data (149 comparable 4-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 costsCost Segregation Tax Savings
Estimated first-year bonus depreciation savings
