$945,000 Active
625 High 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.
2 Beds
·
1.0 Baths
·
1,013 Sq Ft
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About This Property

Tucked away among the trees with conservancy lots on both sides, this cozy chalet captures that classic alpine ski lodge feel with a fresh, modern interior. Warm, inviting, and designed for both relaxing and entertaining, the home offers privacy, wooded views, and easy year-round access with plenty of parking. Inside, the open great room creates the heart of the home, blending mountain charm with updated finishes and a comfortable flow for gathering with friends and family. Stone tile flooring, stainless steel appliances, a Viking range oven, and a modern yet cozy design make the space both stylish and functional. Heated floors in select areas add an extra layer of comfort, while soft carpet in the bedrooms keeps the spaces warm and inviting. Step outside to enjoy two spacious decks, including a larger entertaining deck with a gas firepit, perfect for evenings under the stars. A covered walkway leads to a private covered hot tub, creating the ideal après-ski retreat after a day on the mountain or the lake. New roof installed 2026. Perfectly located just minutes to Lake Tahoe, Tahoe City, and Carnelian Bay, with easy access to restaurants, shopping, skiing, and endless outdoor recreation, this home delivers the perfect balance of peaceful mountain living and convenient North Shore lifestyle.

Listed by Linda Granger — Christie's Int'l R.E. Sereno

Listing Details

Status Active
MLS # 20260783
Days on Market 26
Price/Sq Ft $933

Property History

Apr 16, 2026
Listed for sale
$945,000
Property Overview
Beds 2
Baths 1.0
Sq. Ft. 1,013
Stories 2
Year Built 1957
Property Type Single Family Residence
Style Chalet
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 092-053-020
Parking
Parking Features None
Exterior & Lot
Exterior Features Pantry,Hot Tub
Lot Features Upslope
View Wooded
Construction Framed
Roof Metal
Foundation Perim Concrete
Utilities & Systems
Heating Natural Gas,CFAH
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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 — 625 High Street, Carnelian Bay

Est. Annual Revenue
$44,441
Avg Nightly Rate
$272
Projected Occupancy
43.9%
Cap Rate
1.9%
Structural Score: 54 / 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% ($189,000)
Home price
$945,000
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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