$615,000 Pending
5101 North Lake Boulevard #130
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.
2 Beds
·
2.0 Baths
·
1,118 Sq Ft
Virtual Tour

About This Property

Carnelian Woods #130 is an absolute gem nestled in the serene beauty of the Tahoe Forest. Its updated interior, sunny exposure, and lake views make it a delightful retreat, especially for those eager to explore Lake Tahoe's beauty. With an almost endless trail system right at your doorstep and walking distance to popular beaches like Patton Landing and Carnelian West, it's a dream for outdoor enthusiasts. And the proximity to major ski areas like Palisades, Alpine Meadows, and Northstar make it perfect for winter adventures. The amenities at Carnelian Woods are amazing and offer a perfect blend of relaxation and recreation. From the walking trail with exercise stations to the pool, 2 hot tubs, tennis courts, bocce ball, basketball, and more, there's something for everyone to enjoy. And when you're ready to venture out, Tahoe City and Kings Beach provide lots opportunities for dining, shopping, and entertainment. Overall, Carnelian Woods #130 offers a perfect blend of natural beauty, outdoor activities, and comfortable living, a true haven for those seeking adventure and relaxation in the Tahoe area.

Listed by Alex Min — Sierra Sotheby's Int Realty TC

Listing Details

Status Pending
MLS # 20260723
Days on Market 109
Sold Date 2026-09-16
Price/Sq Ft $550

Property History

May 06, 2026
Listed for sale
$615,000
Jul 11, 2026
Pending
$615,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Sep 2018 · 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.

Property Overview
Beds 2
Baths 2.0
Sq. Ft. 1,118
Year Built 1974
Property Type Residential
Style Mountain
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 116170076000
Parking
Parking Features None
Exterior & Lot
Lot Features Greenbelt, Tennis Court
View Lake, Trees/Woods, Mountain(s)
Roof Metal
Pool & Spa
Pool Swimming Pool
Utilities & Systems
Heating Natural Gas, CFAH
Financial
HOA Fee $4,007 / Quarterly
HOA & Community
Community Amenities Pool, Tennis Court(s), Exercise Equipment, Other/See Remarks
📊

STR Investment Analysis

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

STR Investment Analysis

Yellow Zone
STRUCTURAL SCORE Standard
54
PROJECTED GROSS ANNUAL REVENUE
$27K – $45K typically ~$36,119
~$3,010 per month
Avg Nightly
$220
Occupancy
45%
Cap Rate
2.3%

STR Investment Summary — 5101 North Lake Boulevard #130, Carnelian Bay

Est. Gross Annual Revenue
$27K – $45K
typically ~$36,119
Avg Nightly Rate
$220
Projected Occupancy
45.0%
Cap Rate
2.3%
Structural Score: 54 / 100 (Standard) · STR Zone: Yellow

Nightly rates and occupancy from Carnelian Bay market data (97 comparable 2-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

Over coverage limit
569 sq ft covered of 301 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
1,003 sq ft
Allowed Coverage
301 sq ft · 30%
Existing Coverage
569 sq ft · 57%
Addable Coverage
0 sq ft

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

RESIDENTIAL: Additions, Accessory Structures, Pools, Demolition, and Other · 2018-11-06
Construction Complete
REMODELING KITCHEN, ADDING GAS TO KITCHEN BALCONY FOR BBQ AND FIREPLACE. REPLACE WOOD BURNING FIRE PLACE WITH GAS. OTC REVISION TO CHANGE FIRST FLOOR FULL BATHROOM TO SHOWER INSTEAD OF TUB. 11/15/18- RL
Permit #BLD18-05226
Building/Residential/Full Review/NA
DONE
Permit #TCON 80118
Building/Residential/Full Review/NA
DONE
Permit #TCON 4720-2
Building/Residential/Full Review/NA
DONE
Permit #TCON 80539

Public permit records from the Placer County permit portal, last checked 2026-07-05. 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

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% ($123,000)
Home price
$615,000
Loan details
30-yr fixed, 6.5%
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