For Sale
1000 Carnelian Bay Ave, Carnelian Bay, CA, 96140
Investment at a glance
Annual Revenue
$159K
Gross Yield
2.9%
Occupancy
42%
Cap Rate
1.7%
Listing Update: A guest suite complete with a full bathroom and private separate access is in process. It's an opportunity to put your own mark on this new space or enjoy the beauty once it is complete. A truly one-of-a-kind Tahoe retreat offering an extraordinary combination of breathtaking lake and mountain views, complete privacy, and unmatched natural beauty. Situated on three acres with a pond and bordered by National Forest lands with direct access to miles of trails, this exceptional property provides a rare opportunity to own a private sanctuary in one of Lake Tahoe's most coveted settings. Inside, a comprehensive remodel completed in 2022 transformed the home with timeless design, exceptional craftsmanship, and modern comfort. Nothing was left untouched. The stunning kitchen and bathrooms were thoughtfully reimagined, while wide-plank white oak hardwood floors bring warmth and a modern feel throughout. Hydronic in-floor heating provides year-round comfort, complemented by new windows, new siding, and expansive new decks designed to embrace the surrounding views and natural beauty. Every finish, fixture, and detail reflects a commitment to quality that is both seen and felt the moment you walk through the door. Properties that combine incredible lake and mountain views, a private pond, National Forest boundaries, extensive modern renovations, and this level of privacy are exceptionally rare. More than a home, this is a legacy Tahoe estate—a place where luxury, nature, and peacefulness come together in perfect harmony.
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