$1,890,000 Active
730 Carnelian Circle
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.
3 Beds
·
3.0 Baths
·
2,657 Sq Ft
Virtual Tour

About This Property

Nestled in an extraordinary greenbelt setting and backing to both the Tahoe National Forest and an adjacent lot, this exceptional Tahoe retreat offers a rare combination of privacy, tranquility, and direct access to the very best of mountain living. Surrounded by towering pines and natural beauty, the property enjoys a park-like atmosphere that feels worlds away while remaining conveniently close to everything North Lake Tahoe has to offer. Step out your back door and into an endless outdoor playground. Enjoy immediate access to miles of hiking and mountain biking trails, backcountry skiing, snowmobiling, rock climbing, and countless year-round recreational opportunities that make Lake Tahoe one of the most sought-after resort destinations in the world. Perfectly positioned in the heart of the North Shore, this home is just minutes from world-class skiing and snowboarding at Palisades Tahoe, Alpine Meadows, and Northstar California Resort. Tahoe City and Kings Beach are also nearby, offering convenient access to shopping, dining, entertainment, beaches, and marinas. Whether you're seeking a full-time residence, vacation getaway, family legacy property, or income-producing investment opportunity, this home checks every box. Thoughtfully remodeled with timeless mountain-modern style, the residence features a spacious and inviting floor plan with three bedrooms and three full bathrooms. The beautifully updated kitchen overlooks the serene backyard setting, while the dramatic living room showcases soaring vaulted ceilings and abundant natural light that creates the perfect gathering space after a day on the trails or slopes. Ample storage throughout the home provides functionality and convenience for year-round living. Combining an unbeatable location, unmatched access to outdoor recreation, exceptional privacy, and a beautifully updated home, this is the ultimate Tahoe retreat—a place where adventure begins at your doorstep and lasting memories are made for generations to come.

Listed by Alex Min — Sierra Sotheby's Int Realty TC

Listing Details

Status Active
MLS # 20261099
Days on Market 20
Price/Sq Ft $711

Property History

May 18, 2026
Listed for sale
$1,890,000
Property Overview
Beds 3
Baths 3.0
Sq. Ft. 2,657
Lot Size 0.48 acres
Stories 2
Year Built 1968
Property Type Single Family Residence
Style Mountain
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 092-031-035
Parking
Parking Features Two
Exterior & Lot
Lot Features Level,Upslope,Gentle
View Wooded,Mountain
Construction Framed,Masonry
Roof Composition
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 — 730 Carnelian Circle, Carnelian Bay

Est. Annual Revenue
$66,367
Avg Nightly Rate
$596
Projected Occupancy
31.4%
Cap Rate
1.4%
Structural Score: 60 / 100 (Premium) · 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% ($378,000)
Home price
$1,890,000
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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