$899,000 $929,000 ↓ $30,000 reduced Active
5656 Victoria Road
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.
3 Beds
·
2.0 Baths
·
1,632 Sq Ft
Virtual Tour

About This Property

Updated - Open House this Sunday 07/05 10-Noon. Welcome to 5656 Victoria Road in the heart of Carnelian Bay. This well-maintained mountain retreat offers a proven rental history, making it an ideal investment opportunity or full-time residence on the North Shore. Situated on a desirable flat lot, the home features a spacious deck that has been recently painted and stained, perfect for outdoor entertaining and soaking in the peaceful Sierra surroundings. Inside, a striking large stone fireplace anchors the living space, creating a warm and inviting atmosphere year-round. You'll find useable space throughout the home with larger bedrooms and a generously sized living area - no wasted square footage here. The functional layout offers comfortable living with classic Tahoe charm throughout. Tucked in a desirable area of Carnelian Bay, this property delivers the quintessential North Shore lifestyle while being just minutes from lakefront access, Carnelian Bay's shops and dining, and world-class skiing and recreation. Whether you're looking for a revenue-generating vacation rental, a mountain getaway, or a place to call home, this one checks all the boxes.

Listed by Kyle Jacobson — Home and Slate Real Estate

Listing Details

Status Active
MLS # 20260696
Days on Market 63
Price/Sq Ft $551

Property History

May 03, 2026
Listed for sale
$899,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,632
Lot Size 0.22 acres
Year Built 1977
Property Type Single Family Residence
Style Mountain
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 116110061
Parking
Parking Features None, Parking Pad
Exterior & Lot
Lot Features Street, Rental History
View Trees/Woods
Roof Composition
Foundation Concrete Perimeter
Utilities & Systems
Heating Natural Gas
📊

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 — 5656 Victoria Road, Carnelian Bay

Est. Annual Revenue
$44,632
Avg Nightly Rate
$235
Projected Occupancy
52.2%
Cap Rate
2.0%
Structural Score: 52 / 100 (Standard) · 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
From MLS listing data.
Home insurance
$0
Insurance estimate only — Tahoe wildfire-zone rates vary; get a local broker quote for accuracy.
Down payment
20% ($179,800)
Home price
$899,000
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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