28 photos
Active Listing
4115 North Lake Boulevard
Carnelian Bay, California 96140
3
Beds
1,570
Sq Ft
—
Built
$749,000
$477/sqft
Carnelian Bay, California 96140
3
Beds
1,570
Sq Ft
—
Built
$749,000
$477/sqft
28 photos — Tahoe Sierra MLS · MLS #20261401
This 3-bedroom 1,570 square foot home in Carnelian Bay was built in —. It is currently listed at $749,000.
Located in Carnelian Bay, California 96140.
At $477/sqft, this reflects the current Carnelian Bay market.
| Address | 4115 North Lake Boulevard |
| City | Carnelian Bay, CA 96140 |
| Price / Sq Ft | $477/sqft |
Your Buyer's Agent
I represent you — not the seller. I'll pull MLS detail, comparable sales, fire zone, STR viability, and structure the offer in your favor.
Or call/text: 530-448-1734
Your Broker
Tristan Roberts
DRE #01259729 · Coldwell Banker
30 years in North Lake Tahoe. I know this neighborhood, the HOA, the contractors, and the market.
Inspection Window
April through June
Program
Annual Defensible Space Inspection Program
NTFPD inspects properties in the Very High FHSZ annually between April and June. Inspectors check Zone 0 (0–5 ft), Zone 1 (5–30 ft), and Zone 2 (30–100 ft) clearances per CAL FIRE standards. Properties that fail first inspection receive a notice and second inspection. Persistent non-compliance can result in abatement with owner liability for costs. NTFPD also offers free chipper days where residents can have cleared material chipped and removed at no charge — typically in April and May.
This property is in Carnelian Bay in Carnelian Bay, Placer County.
Portal: PlacerGOV (placer.ca.gov/buildingpermits)
All structural work, additions, re-roofing, electrical upgrades, and HVAC replacements require Placer County Building permits. The PlacerGOV online portal handles most permit applications. For properties in the Lake Tahoe Basin, TRPA compliance review runs concurrently with county review — expect a longer permitting timeline.
TOT Rate: 10%
Placer County requires a TOT (Transient Occupancy Tax) certificate for all short-term rentals under 30 days. The certificate number must be posted in all listing platforms. TOT is collected and remitted to Placer County quarterly. Violations can result in back-tax liability plus penalties.
California Prop 19 (effective Feb 2021) changed parent-to-child property transfer rules — only a primary residence transfer receives the reassessment exclusion, and the exclusion is capped. Investment and vacation properties no longer receive automatic exclusion. Placer County Assessor administers transfers.
Agency: CAL FIRE — Placer Unit, in conjunction with local fire districts
Placer County properties in the Tahoe Basin are designated Very High FHSZ (Fire Hazard Severity Zone) by CAL FIRE. Annual defensible space inspections are conducted by local fire districts under contract with CAL FIRE. Non-compliance can affect homeowner's insurance coverage and may result in abatement notices.
26.3%
of properties in this zip are registered STR operators
$42,000–$60,000
estimated median gross annual STR income
Peak Months
July and August; secondary peak over ski weekends
Carnelian Bay (96140) straddles Placer County's northeast lakeshore, with beach access concentrated at Carnelian Bay State Park. The 26% TOT registration rate reflects strong vacation-rental demand from Bay Area families. Properties within walking distance of the beach command a 20–30% premium in nightly rates versus comparable inland units.
Income estimates based on Placer/El Dorado County TOT filings and publicly reported AirDNA/VRBO North Lake Tahoe data, 2023–2024. Actual results vary by property type, condition, and operator.
Development era: 1900s–1930s
Carnelian Bay's development followed the opening of the Lincoln Highway and improved road access to the North Shore in the early 1900s. The bay's clear, shallow water and gradual beach made it a family favorite. Many of the original parcels were sold as part of early North Shore real estate ventures targeting Sacramento and Bay Area buyers. The area has maintained a quieter, more residential character than Kings Beach or Tahoe City.
The Kings Beach, Tahoe Vista, and Carnelian Bay corridor is the most densely occupied stretch of North Shore real estate. Closer to Reno and the Bay Area than the South Shore, this cluster has the highest summer visitor throughput in North Tahoe. Short-term rentals are common; the beach orientation drives July–August as the dominant revenue months.
July 4th
The largest fireworks display in North Lake Tahoe, launched from a barge over Kings Beach. The event draws tens of thousands and generates the single highest-demand rental week of the summer for properties in 96143, 96148, and 96140.
Year-round (peak Memorial Day–Labor Day)
One of the largest public beaches on Lake Tahoe, with volleyball, kayak and paddleboard rentals, and shallow warm water ideal for families. Free access drives strong day-visitor traffic that supports local restaurant and rental demand.
October (annual)
A self-guided tour of working artists' studios across North Lake Tahoe including Kings Beach, Tahoe City, and Carnelian Bay. Draws art buyers and contributes to fall shoulder-season activity.
Area comps — Carnelian Bay (no same-subdivision sales found)
$704/sqft
Avg $/sqft
21
Median DOM
$1.0M
Median Price
At $477/sqft, this listing is priced 32% below the neighborhood average of $704/sqft — potentially good value or reflecting a condition factor.
| Address | Sold | Sale Price | $/sqft | Beds/Baths | Sqft | Market Time | Pool |
|---|---|---|---|---|---|---|---|
| 560 Granite Rd | Jan 2026 | $1.1M | $599/sqft | 4bd / 2ba | 1,837 | Sold in 1 week | Area |
| 611 Granite Rd | Jan 2026 | $1.1M | $710/sqft | 3bd / 3ba | 1,488 | 24 days on market | Area |
| 5834 Dodowah Rd | Dec 2025 | $950,000 | $523/sqft | 3bd / 2ba | 1,816 | 21 days on market | Area |
| 3830 Forest Rd | Dec 2025 | $1.0M | $580/sqft | 3bd / 2ba | 1,783 | 25 days on market | Area |
| 4282 Old Mountain Rd | Nov 2025 | $900,000 | $868/sqft | 3bd / 2ba | 1,037 | 149 days — took time | Area |
| 5820 Dodowah Rd | Nov 2025 | $800,000 | $483/sqft | 2bd / 2ba | 1,657 | 145 days — took time | Area |
560 Granite Rd
Carnelian Bay · Jan 2026
$1.1M
Sold Price
$599/sqft
Per Sqft
1,837 sf
4bd 2ba
Sold in 1 week
611 Granite Rd
Carnelian Bay · Jan 2026
$1.1M
Sold Price
$710/sqft
Per Sqft
1,488 sf
3bd 3ba
24 days on market
5834 Dodowah Rd
Carnelian Bay · Dec 2025
$950,000
Sold Price
$523/sqft
Per Sqft
1,816 sf
3bd 2ba
21 days on market
3830 Forest Rd
Carnelian Bay · Dec 2025
$1.0M
Sold Price
$580/sqft
Per Sqft
1,783 sf
3bd 2ba
25 days on market
4282 Old Mountain Rd
Carnelian Bay · Nov 2025
$900,000
Sold Price
$868/sqft
Per Sqft
1,037 sf
3bd 2ba
149 days — took time
5820 Dodowah Rd
Carnelian Bay · Nov 2025
$800,000
Sold Price
$483/sqft
Per Sqft
1,657 sf
2bd 2ba
145 days — took time
In Carnelian Bay, homes typically sell in 21 days. 0% sell in under 2 weeks — those tend to be well-priced. 0% sit longer than 90 days.
Sale data from Tahoe Sierra MLS via CB Lake Tahoe sale history. Comps shown are area-wide (Carnelian Bay) — insufficient same-subdivision sales found. Area-wide comps are shown; price levels vary by subdivision and may not reflect Carnelian Bay values specifically. Sold dates and prices are from MLS records and may not reflect off-market or unreported transactions.
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