$1,575,000 Active
615 Woodchuck Drive
Carnelian Bay, CA 96140
✓ STR Allowed — Permit Required
Placer County STR permit required. County-wide cap of 3,900 permits — new permits available until cap is reached.
4 Beds
·
3.5 Baths
·
2,300 Sq Ft
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About This Property

Great rental potential meets timeless Tahoe craftsmanship in this truly immaculate Carnelian Bay retreat with sunshine, style, and rare flexibility. Buyers will appreciate the ability to live comfortably as a 3-bedroom mountain home while generating income from the separate guest suite with its own private entrance — ideal for ski lease tenants, extended guests, or overflow accommodations. Tucked into a friendly neighborhood with trail access just three doors away, this impeccably maintained property captures everything buyers love about Tahoe living: natural sunlight, warm mountain character, and effortless indoor-outdoor spaces designed to enjoy every season. Step inside to a welcoming mudroom entry and into the heart of the home where exposed wood beams, a beautiful plaster wood-burning fireplace, and forest views create a living room that feels both cozy and refined. Subtle craftsman touches and quality craftsmanship are evident throughout, while expansive windows fill the home with natural light. The kitchen and dining area were designed for gathering after a day on the lake or slopes. Rich cherry cabinetry, beautiful 3/4-inch solid cherry hardwood floors, Silestone counters, a Wolf professional range, and vaulted wood ceilings offer timeless Tahoe charm. The expansive sun-drenched Trex deck becomes an extension of the living space, accessed from three rooms and perfectly positioned for summer dinners, morning coffee, or evenings relaxing in the hot tub beneath Tahoe’s star-filled skies. Upstairs, the private primary suite offers a peaceful retreat with tall ceilings, its own plaster gas fireplace, and a spacious bath with travertine finishes, soaking tub, and glass shower. Two additional bedrooms on the main level provide comfortable accommodations for family and guests. Adding exceptional versatility is the private guest suite with its own separate entrance — an increasingly valuable feature for buyers seeking ski lease income, multigenerational living, work-from-home flexibility, or private guest accommodations. Short-term rent the main home while maintaining flexibility for personal use. Outside, the recently stained cedar exterior, sunny quarter-acre lot, two driveways, and attached one-car garage reflect the same pride of ownership and attention to detail found throughout the property. Inquire for local rental projections and STR potential.

Listed by Samantha Swigard — Sierra Sotheby's Int - Rock

Listing Details

Status Active
MLS # 20260334
Days on Market 67
Price/Sq Ft $685

Property History

Mar 13, 2026
Listed for sale
$1,575,000
Property Overview
Beds 4
Baths 3.5
Sq. Ft. 2,300
Stories 2
Property Type Single Family Residence
Style Mountain
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 091-200-021-000
Parking
Parking Features One
Exterior & Lot
Exterior Features High Ceilings,Hot Tub
Lot Features Level
Construction Framed,Wooded
Roof Composition,Metal
Foundation Perim Concrete
Utilities & Systems
Heating Natural Gas,Wood,CFAH
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STR Investment Analysis

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

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Excellent
87
PROJECTED ANNUAL REVENUE
$142,500 ($118K – $167K range)
~$11,875 per month
Avg Nightly
$485
Occupancy
68%
Cap Rate
5.2%

STR Investment Summary — 615 Woodchuck Drive, Carnelian Bay

Est. Annual Revenue
$71,752
Avg Nightly Rate
$621
Projected Occupancy
31.9%
Cap Rate
1.8%
Structural Score: 72 / 100 (Premium) · STR Zone: Yellow

Based on comparable vacation rental performance data for Carnelian Bay. Revenue projections are estimates and may vary.

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

$0 per month
Principal & interest
$0
Property taxes
$0
HOA dues
$0
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($315,000)
Home price
$1,575,000
Loan details
30-yr fixed, 6.5%
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