$16,900,000
4176 Ferguson Avenue
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.
5 Beds
·
5.0 Baths
·
4,280 Sq Ft
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About This Property

Located on a one of the most desirable quiet streets on the North Shore, this home provides panoramic south-facing views of Lake Tahoe, spanning from east to west. Centrally located to world-class ski resorts in the winter and with access to a shared pier, boat lift, and two buoys for summer lakefront living, this property provides the best of both worlds. The lakefront home is a beautifully designed boasting modern interior finishes. Exposed beams under vaulted ceilings contrast crisp white walls and taupe wood floors, while an authentic wood-burning fireplace anchors the great room and creates an inviting atmosphere. Spanning three levels, the home offers spacious lakefront living with thoughtfully designed gathering spaces. The upper level features the main living areas, including a great room with living and dining spaces, and an open kitchen with a cozy breakfast nook. Floor-to-ceiling windows frame stunning lake views and flood the space with natural light, while a deck off the great room provides the perfect setting for indoor-outdoor living. Two guest bedrooms and a full bathroom are located down the hall from the kitchen. The main level is dedicated to comfort and relaxation, highlighted by the expansive primary suite. This private retreat includes a spacious sitting area complete with a gas fireplace and direct access to an outdoor deck. The spa-inspired en-suite bathroom features dual circular vanities, an oversized soaking tub, walk-in shower, and sauna. Two additional bedrooms are also located on this level, including a unique suite with two sets of built-in bunk beds and space for a secondary living area, making it ideal for hosting family and friends. On the lower level, a fully self-contained guest suite offers exceptional privacy and convenience, complete with a wet bar, refrigerator and freezer, gas fireplace, television area, and full bathroom. Sliding doors open to the lower patio, providing easy access to the lake. Outside, a hot tub invites you to unwind under Tahoe’s star-filled skies.

Listed by William Dietz — Tahoe Luxury Properties

Listing Details

Status Active
MLS # 20260319
Days on Market 9
Price/Sq Ft $3,949

Property History

Mar 12, 2026
Listed for sale
$16,900,000
Property Overview
Beds 5
Baths 5.0
Sq. Ft. 4,280
Stories 2
Year Built 1985
Property Type Single Family Residence
Style Mountain
Subdivision North LakeTahoe
APN 092-200-025
Parking
Parking Features Two
Exterior & Lot
Exterior Features Pantry,High Ceilings,Landscaping,Heated Drive,Rental History,Hot Tub,Sauna
Lot Features Downslope
View Lake,Panoramic-Lake,Panoramic,Mountain
Construction Framed
Roof Composition
Foundation Perim Concrete
Utilities & Systems
Heating Natural Gas,Hydronic,In Floor
Water Source Buoy,Buoy Permitted,Shared Pier,Pier/Permitted
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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% ($3,380,000)
Home price
$16,900,000
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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