$3,800,000 Active
4530 Ridgewood 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
·
2,956 Sq Ft

About This Property

Captivating lake views, thoughtful design, and timeless mountain elegance define this exceptional 4-bedroom, 3.5-bath residence. Designed to support both relaxation and wellness, the home embraces the restorative benefits of its natural surroundings, with expansive windows and outdoor spaces that foster a seamless connection to the lake and mountain landscape. The chef's kitchen showcases custom Canadian lacquer cabinetry and granite countertops, abundant storage, and a generous walk-in pantry. The open-concept living area is anchored by a striking floor-to-ceiling gas fireplace, creating a warm and inviting gathering space while framing beautiful lake vistas. In-ceiling and portable speakers supply surround sound inside with deck speakers for outdoor ambiance. The main-level primary suite serves as a private sanctuary, opening directly to a lakeview deck ideal for morning coffee, yoga, or quiet reflection. The suite also features a spacious walk-in closet and a spa-inspired bath complete with a soaking tub, separate shower, and private water closet. Upstairs, a versatile loft provides additional living space, accompanied by two guest bedrooms with partial lake views and a separate ensuite bedroom ideal for family and guests. A dedicated laundry room, heated oversized garage fitted with custom cabinets and desk, and ample storage enhance functionality throughout. A spacious crawl space contains the Forced Air Furnace (serviced annually) and hot water heater. Outside, a level lakeview lawn invites recreation, outdoor entertaining, and peaceful moments immersed in nature. This original owner has used the home about 75 days a year, and the property is managed by a personal Estate Manager for landscape and interior maintenance along with twice a month and on-call cleaning. You’ll find beautiful wind sculptures and striking animal statues around the exterior. Blending refined finishes, exceptional comfort, and a wellness-oriented lifestyle, this remarkable property offers a rare opportunity to experience mountain and lake view living at its finest.

Listed by Katrine Watson — Chase International - TC

Listing Details

Status Active
MLS # 20261073
Days on Market 46
Price/Sq Ft $1,286

Property History

Jun 04, 2026
Listed for sale
$3,800,000
Property Overview
Beds 4
Baths 3.5
Sq. Ft. 2,956
Lot Size 0.41 acres
Year Built 2005
Property Type Single Family Residence
Style Mountain
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 091164006000
Parking
Garage Spaces 2
Parking Features Two, Attached, Heated Garage, Insulated, Garage Door Opener, Oversized
Attached Garage Yes
Exterior & Lot
Lot Features Street, Landscaped
View Lake, Peek, Filtered, Trees/Woods, Mountain(s)
Construction Frame, Log
Roof Composition
Utilities & Systems
Heating Natural Gas, CFAH
📊

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 — 4530 Ridgewood Drive, Carnelian Bay

Est. Annual Revenue
$181,818
Avg Nightly Rate
$1554
Projected Occupancy
32.0%
Cap Rate
1.9%
Structural Score: 75 / 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

Over coverage limit
4,066 sq ft covered of 193 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
18,327 sq ft
Allowed Coverage
193 sq ft · 1%
Existing Coverage
4,066 sq ft · 22%
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% ($760,000)
Home price
$3,800,000
Loan details
30-yr fixed, 6.5%
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