$775,000 Active
4115 North Lake Boulevard
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
·
1,570 Sq Ft

About This Property

Your Tahoe lifestyle starts here. Ideally located just across from the shores of the Lake. Nestled in the heart of Cedar Flat, this classic Tahoe-style cabin perfectly blends mountain charm with some modern updates. Featuring a spacious loft and warm wood interiors. Full wet bar, topped with Sequoia and wrapped in reclaimed barn wood from Salem, OR. Sale includes detached shed with a built-out workspace, ideal for gear storage or creative pursuits. Roof was replaced in 2016! Just off North Lake Blvd, enjoy unbeatable access to Tahoe’s best dining, trails, and beaches. The easy-to-access beach across the street is public access and dog-friendly! Plus bus stop off Lardin, quick walk down the block. With its prime location, flexible living spaces, and unbeatable access to the best of Lake Tahoe, 4115 N Lake Boulevard is an opportunity to create your own piece of the Tahoe lifestyle at a price that is increasingly hard to find.

Listed by Jena Lanini — Coldwell Banker Select Real Es

Listing Details

Status Active
MLS # 20261401
Days on Market 7
Price/Sq Ft $494

Property History

Jul 07, 2026
Listed for sale
$775,000
Property Overview
Beds 3
Sq. Ft. 1,570
Lot Size 0.17 acres
Year Built 1953
Property Type Single Family Residence
Style Modified A-Frame
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 092154024000
Parking
Parking Features None
Exterior & Lot
Lot Features Street
View Filtered
Construction Frame, Brick
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 — 4115 North Lake Boulevard, Carnelian Bay

Est. Annual Revenue
$43,703
Avg Nightly Rate
$232
Projected Occupancy
51.5%
Cap Rate
2.3%
Structural Score: 45 / 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% ($155,000)
Home price
$775,000
Loan details
30-yr fixed, 6.5%
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