$3,300,000 $3,550,000 ↓ $250,000 reduced Pending
5827 North Lake Boulevard
Agate 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.
5 Beds
·
5.5 Baths
·
4,070 Sq Ft

Our data on this home

About This Property

Welcome to 5827 N Lake Blvd, a stunning contemporary mountain retreat in the heart of Agate Bay on Lake Tahoe’s coveted North Shore. Exceptionally crafted by long time local custom builder, this brand new residence blends modern luxury with timeless Tahoe elegance. Featuring approximately 4000+ square feet of refined indoor and outdoor living space, the home offers 5 spacious bedrooms and 5.5 bathrooms designed for comfort, entertaining, and year-round enjoyment. Expansive windows frame beautiful lake and forest views while filling the home with natural light. Inside, warm clear white oak flooring, custom cabinetry, designer finishes, and sophisticated Lutron lighting technology create an elevated living experience. Multiple fireplaces add warmth and ambiance throughout the home, while the open-concept floor plan seamlessly connects indoor and outdoor living spaces. The generous fenced backyard is designed for entertaining, complete with a built-in granite fire pit, Infratech heaters, custom outdoor cabinetry, granite countertops, and prewiring for a future spa and entertainment system. Partial landscaping and irrigation further enhance the property’s turnkey appeal. Located in the desirable Agate Bay community, this property includes a Tier 2 membership to the Agate Pier & Swim Club, offering private access to a pier, beach, buoys, pool, and tennis courts — the ultimate Tahoe lifestyle amenity package.

Listed by Paula Lamberth — Chase International - TC

Listing Details

Status Pending
MLS # 20260974
Days on Market 152
Price/Sq Ft $811

Property History

May 23, 2026
Listed for sale
$3,550,000
Sep 05, 2026
Price reduced
$3,350,000 $3,550,000 ↓ $200,000
Sep 25, 2026
Price reduced
$3,300,000 $3,350,000 ↓ $50,000
Oct 20, 2026
Pending
$3,300,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Mar 2020 · county record $335,000 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.

Property Overview
Beds 5
Baths 5.5
Sq. Ft. 4,070
Year Built 2023
Property Type Single Family Residence
Style Contemporary
Subdivision North LakeTahoe
STR Jurisdiction Placer County
APN 116060009000
Parking
Garage Spaces 2
Parking Features Two, Attached, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Lot Features Street, Landscaped
View Filtered
Construction Frame, Steel Siding, Stucco
Roof Flat
Foundation Slab
Utilities & Systems
Heating Natural Gas, Radiant
Financial
HOA Fee $990 / Annually
📊

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
$130K – $200K typically ~$160,000
~$13,333 per month
Avg Nightly
$1370
Occupancy
32%
Cap Rate
1.9%

STR Investment Summary — 5827 North Lake Boulevard, Agate Bay

Est. Gross Annual Revenue
$130K – $200K
typically ~$160,000
Avg Nightly Rate
$1370
Projected Occupancy
32.0%
Cap Rate
1.9%
Structural Score: 70 / 100 (Premium) · STR Zone: Yellow

Nightly rates and occupancy from Carnelian Bay market data (36 comparable 5-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

Room to build
2,926 sq ft covered of 3,774 sq ft allowed
848 sq ft of coverage still available to add.
Parcel Size
15,097 sq ft
Allowed Coverage
3,774 sq ft · 25%
Existing Coverage
2,926 sq ft · 19%
Addable Coverage
848 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

$8,500 – $9,900/yr
about $767/mo
Est. Rebuild Cost (Coverage A)
$2,238,500
FAIR Plan (fire)
$7,100/yr
DIC wrap (theft, water, liability)
$1,400 – $2,800/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

$20,467 per month
Principal & interest
$16,687/mo
Property taxes
$2,931/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
$82/mo
From MLS listing data.
Home insurance
$767/mo
CA FAIR Plan + DIC estimate, ~$8,500–$9,900/yr — wildfire-zone rates vary; not a bindable quote.
Down payment
20% ($660,000)
Home price
$3,300,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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