$2,400,999 $2,599,000 ↓ $198,001 reduced Active
609 Tallac Street
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
·
3,082 Sq Ft

About This Property

Nestled among the trees in the heart of Carnelian Bay, this stunning contemporary mountain retreat backs to a large acreage parcel and offers the perfect blend of luxury, comfort, and Tahoe charm. Just a short walk to Carnelian Bay beach, Gar Woods Grill & Pier, and countless outdoor adventures, this beautifully designed 4-bedroom, 3.5-bath home was built for gathering, entertaining, and relaxing in style. The upper level features an expansive open-concept living area with soaring ceilings, alder trim and accents, 8 ft doors, a cozy fireplace, and direct access to a spacious deck overlooking the forested backyard. The open layout seamlessly connects the living room, dining area, and chef-inspired kitchen, all with real wide plank white oak flooring creating an ideal space for entertaining and everyday living. The modern kitchen showcases a large quartz island with a built-in 4-burner gas cook top beneath striking contemporary pendant lighting. High end appliances include a double oven, over sized refrigerator, and dishwasher, while abundant counter space makes meal preparation effortless. Adjacent to the kitchen, the dining area and secondary deck provide additional indoor-outdoor living opportunities. The private upper-level primary suite serves as a luxurious escape, complete with a spacious walk-in closet and spa-inspired ensuite bathroom featuring heated floors, a soaking tub overlooking the forest, a walk-in shower with waterfall shower head, double vanity, and separate water closet. Also located on the second level are a half bathroom and a laundry room with in-unit washer and dryer. Downstairs, the home continues to impress with a second over sized living area ideal for entertaining, recreation, or flexible use. Three additional bedrooms and two beautifully updated bathrooms complete the lower level. One guest suite offers private patio access to the backyard along with its own ensuite bathroom. The additional bathrooms showcase sleek modern finishes, floating vanities, sliding barn-style glass doors, and waterfall shower heads for a polished contemporary aesthetic throughout. Additional features include keyless entry, a two-car garage, air conditioning, contemporary finishes throughout, and a peaceful forested setting that perfectly captures the essence of modern Tahoe living. Whether you’re looking for a luxurious full-time residence, vacation getaway, or investment opportunity, this exceptional Tahoe home delivers mountain living at its finest. Property is being sold subject to existing vacation rentals which run through September 14, 2026

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

Listing Details

Status Active
MLS # 20260997
Days on Market 49
Price/Sq Ft $779

Property History

May 26, 2026
Listed for sale
$2,400,999
Jun 24, 2026
Price changed
$2,529,000
Jun 29, 2026
Price changed
$2,499,999
Jul 06, 2026
Price changed
$2,459,999
Jul 12, 2026
Price changed
$2,400,999
Property Overview
Beds 4
Baths 3.5
Sq. Ft. 3,082
Year Built 2023
Property Type Single Family Residence
Style Mountain
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 115040004000
Parking
Garage Spaces 2
Parking Features Two
Attached Garage Yes
Exterior & Lot
Lot Features Street
📊

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 — 609 Tallac Street, Carnelian Bay

Est. Annual Revenue
$70,139
Avg Nightly Rate
$401
Projected Occupancy
47.8%
Cap Rate
1.2%
Structural Score: 76 / 100 (Luxury) · 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

Room to build
611 sq ft covered of 3,378 sq ft allowed
2,767 sq ft of coverage still available to add.
Parcel Size
11,260 sq ft
Allowed Coverage
3,378 sq ft · 30%
Existing Coverage
611 sq ft · 5%
Addable Coverage
2,767 sq ft
IPES Score
781.0

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% ($480,200)
Home price
$2,400,999
Loan details
30-yr fixed, 6.5%
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