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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.
Listing Details
Property History
Sale History · changed hands 1×
| Sold | Price | Listing agent (sell side) | Buyer agent (buy side) |
|---|---|---|---|
| Mar 1999 · county record | $447,500 | Deed record — brokerage sides not reported | |
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 — 730 Carnelian Circle, Carnelian Bay
Nightly rates and occupancy from Carnelian Bay market data (203 comparable 3-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
