$2,499,000
215 Carnelian Bay 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
·
4.5 Baths
·
3,780 Sq Ft
·
22215 Lot

About This Property

Amazing RENTAL INCOME opportunity in Carnelian Bay! Location, lifestyle and luxury with lake views. Perfect for a vacation rental, primary residence, and income potential. Five bedrooms and four and half bathrooms with an open floor plan perfect for large gatherings, entertaining and hosting events. Second story features a spacious loft and added bonus space. Iconic lake views from bedroom balcony's. Enjoy cooking in the beautiful chef's kitchen with a massive island and top notch appliances. Plenty of parking with ten parking spaces and 400 AMPS of power to add multiple electric car chargers. For an added opportunity there is plenty of room to add an ADU. Right across the street to the lake with a gorgeous dog beach, Garwoods Casual and Fine Dockside Dining, and Sierra Boat Company, the epicenter of classic wood boats in the Western U.S. Situated in the best location in the Tahoe area where you can enjoy stunning beaches, paddle boarding, kayaking, boating and hiking on endless trails right behind the property. A short drive to Northstar and multiple world class ski resorts. This home is the epitome of a four seasons escape with endless fun and adventures for many lifestyles!

Listed by Jaclyn Little — Guide Real Estate

Listing Details

Status Active
MLS # 20260195
Days on Market 33
Price/Sq Ft $661

Property History

Feb 13, 2026
Listed for sale
$2,499,000
Property Overview
Beds 5
Baths 4.5
Sq. Ft. 3,780
Lot Size 0.51 acres
Stories 3
Year Built 1977
Property Type Single Family Residence
Style Mountain
Subdivision North LakeTahoe
APN 115-040-049-00
Parking
Parking Features None
Exterior & Lot
Exterior Features Pantry
Lot Features Level
View Lake
Construction Wooded
Roof Composition
Foundation Perim Concrete
Utilities & Systems
Heating Natural Gas,Electric
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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% ($499,800)
Home price
$2,499,000
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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