About This Property
Ideally located along North Lake Boulevard in Carnelian Bay, this thoughtfully updated mountain retreat offers the perfect blend of comfort, style, and convenience in the heart of North Lake Tahoe. Filtered views of Lake Tahoe add to the home's appeal, providing a visual connection to the lake and the lifestyle that makes the North Shore such a sought-after destination. The home has recently undergone renovations to the kitchen, living room, flooring, and bathrooms, creating a fresh and modern feel throughout. The redesigned kitchen features updated finishes and improved functionality, while the living area provides a warm and inviting space to gather, complete with abundant natural light and a seamless flow for everyday living or entertaining. The flexible floor plan includes two primary suites, offering privacy and comfort for owners and guests alike—an ideal feature for a Tahoe retreat or second-home lifestyle. Positioned minutes from Tahoe's sandy beaches, ski resorts, and year-round recreation, this property offers easy access to everything that makes the North Shore so desirable. Spend your days boating on Lake Tahoe, exploring miles of hiking and biking trails, skiing world-class resorts, or enjoying the area's restaurants and lakeside amenities—all within close reach. A fantastic opportunity to own a turnkey property in Carnelian Bay, whether as a primary residence, second home, or investment property. Combining modern updates, filtered lake views, a versatile floor plan with two primary suites, and an unbeatable North Shore location, this home offers an ideal basecamp for enjoying everything Tahoe has to offer year-round.
Listing Details
Property History
Sale History · changed hands 1×
| Sold | Price | Listing agent (sell side) | Buyer agent (buy side) |
|---|---|---|---|
| Oct 2016 · county record | $425,000 | 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.
STR Investment Analysis
Yellow ZoneSTR Investment Summary — 3925 North Lake Boulevard, Carnelian Bay
Nightly rates and occupancy from Carnelian Bay market data (151 comparable 4-bedroom rentals, 2026-08); 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 ↗Building Permit History
Placer County permit records for this parcel
Public permit records from the Placer County permit portal, last checked 2026-09-05. Open permits should be finaled or closed before close of escrow; verify current permit status directly with the county.
Cost Segregation Tax Savings
Estimated first-year bonus depreciation savings
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