About This Property
Beautifully situated in Carnelian Bay, this home is a captivating mountain-lake retreat that blends classic Tahoe charm with thoughtful updates and effortless indoor-outdoor living. Set on an elevated, private half acre lot with mature pines and wooded forest views, this home offers a serene escape just minutes from sandy beaches, year-round recreation, and the vibrant shops and dining of Kings Beach and Tahoe City. This is a classic Tahoe home with warm, open living spaces anchored by a stone fireplace and rich wood finishes that create an inviting, lodge-like atmosphere. Expansive decking, multiple outdoor seating areas and hot tub on lower deck captures the fresh mountain air and wooded views — ideal for morning coffee or evening gatherings under the stars. Meticulously maintained, this home boasts a brand new upper deck, new roof with new heat tape to melt snow build up, brand new dishwasher, new paint job for the whole exterior and ECV Juicebox charger...and top it off with full furnishing throughout and kitchen ware. With a turn of a key, this home is ready for you to enjoy with little effort. A true Tahoe offering!
Listing Details
Property History
Sale History · changed hands 1×
| Sold | Price | Listing agent (sell side) | Buyer agent (buy side) |
|---|---|---|---|
| Sep 2021 · via MLS history | $1,450,000 | — | — |
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.
STR Investment Analysis
Yellow ZoneSTR Investment Summary — 4429 Muletail Drive, Carnelian Bay
Nightly rates and occupancy from Carnelian Bay market data (202 comparable 3-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
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 ↗Cost Segregation Tax Savings
Estimated first-year bonus depreciation savings
