$7,300,000 $7,900,000 ↓ $600,000 reduced Active
4930 N Lake Boulevard
Carnelian Bay, CA 96140

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✓ STR Allowed — Permit Required
Placer County STR permit required. Eastern Placer cap of 3,900 permits (not reached) — new permits available until cap is reached.
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3 Beds
·
2.5 Baths
·
2,419 Sq Ft

Our data on this home

Short-term rental income $45K – $65K/yr Est. gross · $471/night · 32.0% booked TRPA land coverage Over the limit 2,572 of 2,064 sq ft used Home insurance $5,000 – $5,900/yr FAIR Plan + DIC wrap, the usual Tahoe setup

About This Property

Located along a sought-after stretch of North Lake Tahoe shoreline, this classic lakefront home captures the essence of relaxed mountain living. With ideal lake and mountain views, two private buoys, and a fully fenced, professionally landscaped backyard, the property is set up for memorable Tahoe summers. Inside, vaulted ceilings and generous windows frame the outdoors, while the open-concept main level connects the kitchen, dining, and living areas to a large upper deck, perfect for summer entertaining or peaceful mornings overlooking the water. The lower level offers additional living space with direct access to the grassy yard, an ideal spot for outdoor games, lounging, or hosting by the lake. Just beyond the yard, a private path leads to Gar Woods for easy, walkable access to waterfront dining and cocktails. Whether you're gathering with friends, spending quiet weekends on the water, or enjoying year-round serenity, this home offers timeless Tahoe charm in one of North Shore's desirable lakefront settings.

Listed by Alois Betschart — Compass

Listing Details

Status Active
MLS # 143557
Days on Market 17
Price/Sq Ft $3,018

Property History

Oct 05, 2026
Listed for sale
$7,900,000
Oct 21, 2026
Price reduced
$7,300,000 $7,900,000 ↓ $600,000
Property Overview
Beds 3
Baths 2.5
Sq. Ft. 2,419
Lot Size 0.19 acres
Year Built 2005
Property Type Single Family Residence
Style Split Level
Subdivision Out of Area-CA
County Placer
STR Jurisdiction Placer County
APN 11505003600
Parking
Garage Spaces 2
Parking Features Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Other/See Remarks
Lot Features Lake Front
View Mountains, Lake
Construction Wood Frame
Roof Pitched, Composition
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas, Fireplace
📊

STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Yellow Zone
STRUCTURAL SCORE Premium
70
PROJECTED GROSS ANNUAL REVENUE
$45K – $65K typically ~$55,000
~$4,583 per month
Avg Nightly
$471
Occupancy
32%
Cap Rate
0.3%

STR Investment Summary — 4930 N Lake Boulevard, Carnelian Bay

Est. Gross Annual Revenue
$45K – $65K
typically ~$55,000
Avg Nightly Rate
$471
Projected Occupancy
32.0%
Cap Rate
0.3%
Structural Score: 70 / 100 (Premium) · STR Zone: Yellow

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

Over coverage limit
2,572 sq ft covered of 2,064 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
8,257 sq ft
Allowed Coverage
2,064 sq ft · 25%
Existing Coverage
2,572 sq ft · 31%
Addable Coverage
0 sq ft
Land Capability · TRPA-verified
5

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 compares

Home Insurance Estimate

California FAIR Plan fire policy + a DIC wrap policy, the usual Tahoe setup

$5,000 – $5,900/yr
about $454/mo
Est. Rebuild Cost (Coverage A)
$1,330,450
FAIR Plan (fire)
$4,200/yr
DIC wrap (theft, water, liability)
$800 – $1,700/yr

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 costs

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

$43,851 per month
Principal & interest
$36,913/mo
Property taxes
$6,484/mo
1.0659% of the price, Placer County's 2025-26 rate, plus direct charges: California re-assesses a home at its sale price.
HOA dues
$0/mo
From MLS listing data.
Home insurance
$454/mo
CA FAIR Plan + DIC estimate, ~$5,000–$5,900/yr — wildfire-zone rates vary; not a bindable quote.
Down payment
20% ($1,460,000)
Home price
$7,300,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC
(530) 317-0373

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