$615,000
5101 North Lake Boulevard #60
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
·
1,332 Sq Ft

About This Property

Turnkey Tahoe Living – Furnished & Ski/ Lake Ready! Experience hassle-free Tahoe life in this furnished Carnelian Woods condo, perfectly positioned for lake days, mountain adventures, or a cozy weekend escape. This unit comes move-in ready, with all furniture included, so you can enjoy Tahoe living immediately without the stress of setup or upgrades. The HOA covers snow removal, exterior maintenance, pool access, tennis courts and clubhouse amenities, providing true peace-of-mind and allowing you to focus on enjoying the season. Relax on the balcony with wooded views, host friends in the bright, open living spaces, or explore nearby hiking, skiing, and the lake — all just minutes away. Good walkability to HOA amenities, CB's Bistro for casual dining, Gar Woods Grill and Pier for fine dining with lakeviews. In the summer, Carnelian West beach is nearby along with Magic Carpet Mini Golf! A rare floor plan with 2 bedrooms, 2 lofts and 2 bathrooms. An updated kitchen, high ceilings in the living room and dining area. Entry level has one bedroom a full bathroom, living room, dining room and a small deck. Upstairs to the loft, second bedroom and full bathroom. Up one more level to another loft. Ideal as a second home, vacation retreat, or turnkey rental investment, this condo combines comfort, convenience, and community in one unbeatable package. Schedule your private showing today and see why life in Carnelian Woods is effortless and enjoyable.

Listed by Katrine Watson — Chase International - TC

Listing Details

Status Active
MLS # 20250571
Days on Market 339
Price/Sq Ft $462

Property History

Apr 13, 2025
Listed for sale
$615,000
Property Overview
Beds 2
Baths 2.0
Sq. Ft. 1,332
Stories 3
Year Built 1973
Property Type Residential
Style Mountain
Subdivision North LakeTahoe
APN 116-120-002-000
Parking
Parking Features None
Exterior & Lot
Exterior Features High Ceilings,Rental History
Lot Features Varies
View Wooded
Construction Framed
Roof Composition
Utilities & Systems
Heating CFAH
Financial
HOA Fee $3,568
HOA & Community
Community Amenities Beach Access,Pool,Tennis Courts,Other/See Remarks
📊

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%

Payment calculator

$0 per month
Principal & interest
$0
Property taxes
$0
HOA dues
$0
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($123,000)
Home price
$615,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Real Estate Agent
License #CA 02235314

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