$1,495,000 Pending
4019 Robert Avenue
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
·
2,852 Sq Ft

About This Property

Experience classic Tahoe charm in this 4-bedroom, 3.5-bath home located in desirable Carnelian Bay on Lake Tahoe’s North Shore. Situated on a unique double lot, the property provides additional space and privacy rarely found in the area. Enjoy filtered Lake Tahoe views right from your dining room table while being within walking distance to the shores of Lake Tahoe. The main level features the kitchen(Corian counter tops), living room, and two bedrooms, while the upper levels consists of two additional bedrooms, including the primary suite. Perfect set up for large family or 2 families. The home features a large garage(should fit 24 ft boat) with ample room for parking(additional paved parking) and tons of storage, along with a partially fenced backyard(perfect for your favorite pet). Experience the best of Tahoe living with hiking, boating, skiing, and mountain trials all just moments away.

Listed by C. Kelly Smith — Centr-21 Tahoe North, Realtors

Listing Details

Status Pending
MLS # 20260990
Days on Market 51
Sold Date 2026-07-18
Price/Sq Ft $524

Property History

May 25, 2026
Listed for sale
$1,495,000
Current
Pending
$1,495,000
Property Overview
Beds 4
Baths 3.5
Sq. Ft. 2,852
Year Built 1985
Property Type Single Family Residence
Style Old Tahoe
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 092141022
Parking
Garage Spaces 2
Parking Features Two
Attached Garage Yes
Exterior & Lot
Lot Features Street
View Peek, Filtered
Roof Composition
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 — 4019 Robert Avenue, Carnelian Bay

Est. Annual Revenue
$77,493
Avg Nightly Rate
$433
Projected Occupancy
49.1%
Cap Rate
2.1%
Structural Score: 64 / 100 (Premium) · STR Zone: Yellow

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

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
2,931 sq ft covered of 155 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
15,467 sq ft
Allowed Coverage
155 sq ft · 1%
Existing Coverage
2,931 sq ft · 19%
Addable Coverage
0 sq ft

TRPA caps how much of each Tahoe Basin parcel can be covered by impervious surfaces — buildings, driveways, decks. Figures come from TRPA's public parcel data and are estimates; verify before relying on them for a build or purchase.

Verify on Tahoe Info ↗

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% ($299,000)
Home price
$1,495,000
Loan details
30-yr fixed, 6.5%
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