$530,000 $630,000 ↓ $100,000 reduced Active
5101 North Lake Boulevard #11
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.
📋 STR Permit on File
Placer County's public short-term-rental registry shows a permit on file for this home. Permits never transfer with a sale — a buyer applies for their own.
2 Beds
·
1.5 Baths
·
902 Sq Ft
Virtual Tour

Our data on this home

About This Property

Find your sweet spot in Carnelian Woods where vacation rentals are welcome. Ideally positioned with a trail to a dog-friendly beach and the community’s resort-style amenities as close as can be, this light-filled end unit pairs North Shore convenience with a level, short, paved path from the parking area to your front door in a wonderfully peaceful forest setting. The open living area features vaulted ceilings, expansive windows, a stone fireplace and access to a covered deck overlooking open space. The well-maintained interior includes an updated kitchen with generous cabinetry and breakfast-bar seating, two bedrooms, one-and-a-half baths and in-unit laundry. Close to popular dining, recreation and boating destinations, this inviting Tahoe retreat also offers an established rental history and is ready for weekend getaways, extended stays or year-round mountain living. Inspections and Disclosures available upon request. See Virtual Tour for Video and 3-D property walk-through.

Listed by Yvette Shipman — Sierra Sotheby's Int Realty TC

Listing Details

Status Active
MLS # 20261683
Days on Market 87
Price/Sq Ft $588

Property History

Aug 12, 2026
Listed for sale
$630,000
Sep 03, 2026
Price reduced
$530,000 $630,000 ↓ $100,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Mar 2006 · county record $455,000 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 2
Baths 1.5
Sq. Ft. 902
Year Built 1972
Property Type Residential
Style Contemporary
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 116200026000
Parking
Parking Features None, Parking Pad
Exterior & Lot
Lot Features Greenbelt, Rental History, Cul-De-Sac
View Trees/Woods
Construction Frame
Roof Metal
Foundation Pillar/Post/Pier
Utilities & Systems
Heating Natural Gas, CFAH
Financial
HOA Fee $4,282 / Quarterly
HOA & Community
Community Amenities Pool, Tennis Court(s), Other/See Remarks
📊

STR Investment Analysis

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

STR Investment Analysis

Yellow Zone
STRUCTURAL SCORE Premium
56
PROJECTED GROSS ANNUAL REVENUE
$35K – $55K typically ~$45,000
~$3,750 per month
Avg Nightly
$274
Occupancy
45%
Cap Rate
3.4%

STR Investment Summary — 5101 North Lake Boulevard #11, Carnelian Bay

Est. Gross Annual Revenue
$35K – $55K
typically ~$45,000
Avg Nightly Rate
$274
Projected Occupancy
45.0%
Cap Rate
3.4%
Structural Score: 56 / 100 (Premium) · STR Zone: Yellow

Nightly rates and occupancy from Carnelian Bay market data (94 comparable 2-bedroom rentals, 2026-11); 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.

Home Insurance Estimate

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

$1,100 – $1,300/yr
about $100/mo
Est. Rebuild Cost (Coverage A)
$270,600
FAIR Plan (fire)
$900/yr
DIC wrap (theft, water, liability)
$200 – $400/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

$4,321 per month
Principal & interest
$2,680/mo
Property taxes
$471/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
$1,070/mo
From MLS listing data.
Home insurance
$100/mo
CA FAIR Plan + DIC estimate, ~$1,100–$1,300/yr — wildfire-zone rates vary; not a bindable quote.
Down payment
20% ($106,000)
Home price
$530,000
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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