$630,000 Active
5101 North Lake Boulevard #13
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
·
1,381 Sq Ft
Virtual Tour

About This Property

Step inside Carnelian Woods #13 and you’ll immediately feel how this beautifully remodeled condo perfectly balances modern luxury with classic mountain warmth. Maintained in pristine condition, the home has never been rented by the current owners, ensuring every update feels incredibly fresh. The main living area features an open floor plan highlighted by vaulted wood ceilings and gorgeous, easy-to-maintain newer flooring. The kitchen is really stunning—fully updated with quartzite countertops, crisp white cabinets, subway tile, stainless steel appliances, and bar seating for five. To brighten the space, the owners added an extra window in the living room, bringing in great natural light and a peek view of the lake. A stone fireplace with a rustic wood mantle gives the room that perfect mountain feel. You'll also find a second updated guest bathroom on this main level. Just outside, the deck offers a great spot for dining and BBQing while overlooking the pines and the lake. Just above the main floor, the upper loft is a flex area. It works perfectly as a third bedroom, with extra room to watch TV or for a quiet reading nook. The lower level, which also serves as the condo's entry, offers a quiet layout with two bedrooms and plenty of closet space. The primary bedroom has its own private deck, and the bathroom is remodeled with two sinks and a walk-in shower. Updated railings and a newer water heater add to the overall quality of the remodel, while plenty of storage inside and two exterior storage closets ensure you have room for all your Tahoe gear. This unit truly shines, and the location is hard to beat. You're close to the parking area for easy access, and just a short walk down to the lake. The HOA amenities are close as well, including the tennis and pickleball courts, the swimming pool, bocce ball, volleyball, and two huge hot tubs. With furnishings negotiable, this designer-feel condo is a rare find and a perfect fit for the Tahoe lifestyle.

Listed by Kate Wilkins — Compass

Listing Details

Status Active
MLS # 20261832
Days on Market 12
Price/Sq Ft $456

Property History

Sep 01, 2026
Listed for sale
$630,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Mar 2018 · county record $375,000 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; rows marked via a listing site fill the years the feed misses using that site's public sale record.

Property Overview
Beds 2
Baths 2.0
Sq. Ft. 1,381
Year Built 1972
Property Type Residential
Style Mountain
Subdivision North LakeTahoe
County Placer
STR Jurisdiction Placer County
APN 116200013000
Parking
Parking Features None
Exterior & Lot
Lot Features Street
View Lake, Peek
Roof Metal
Utilities & Systems
Heating Natural Gas, CFAH
Financial
HOA Fee $1,189 / Monthly
HOA & Community
Community Amenities Pool, Tennis Court(s)
📊

STR Investment Analysis

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

STR Investment Analysis

Yellow Zone
STRUCTURAL SCORE Premium
57
PROJECTED GROSS ANNUAL REVENUE
$45K – $65K typically ~$55,000
~$4,583 per month
Avg Nightly
$335
Occupancy
45%
Cap Rate
3.5%

STR Investment Summary — 5101 North Lake Boulevard #13, Carnelian Bay

Est. Gross Annual Revenue
$45K – $65K
typically ~$55,000
Avg Nightly Rate
$335
Projected Occupancy
45.0%
Cap Rate
3.5%
Structural Score: 57 / 100 (Premium) · 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
693 sq ft covered of 274 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
914 sq ft
Allowed Coverage
274 sq ft · 30%
Existing Coverage
693 sq ft · 76%
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

1 expired permit
RESIDENTIAL: Additions, Accessory Structures, Pools, Demolition, and Other · 2019-01-30
Construction Complete
KITCHEN, BATHROOMS - REMODEL REPLACE EXISTING FIREPLACE WITH NEW. REPLACE WATER HEATER SB 407 CF2R-LTG and CF2R-ALT-05-E required at final.
Permit #BLD19-00417
Building-Non-SFD · 2012-05-02
Expired
EXTEND GAS LINE TO LOG LIGHTER IN EXISTING FIREPLACE - LIVING ROOM
Permit #0740 45774.12
Building/Residential/Full Review/NA
DONE
Permit #TCON 3418-5

Public permit records from the Placer County permit portal, last checked 2026-09-02. 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% ($126,000)
Home price
$630,000
Loan details
30-yr fixed, 6.5%
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