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Explore Similar Apartments Within 10 Miles of Carnelian Bay, CA

  • /28

    $1,100,000

    • 4 Beds
    • 2 Baths
    • 1,792 Sq Ft

    480 Red Cedar St, Tahoe City, CA 96145

    Tahoe City duplex opportunity! Each unit is 896 sq ft single level living with a 2 bed/1 bath with separate laundry room and attached 1 car garage. There's a bonus oversized 3rd garage bay accessed off of Red Cedar. The Unit bordering Jack Pine Street has recently been updated and offers a fenced side yard too. Both units now vacant! Come see!

    Agent Photo

    Wendy Poore

    West Lake Properties at Tahoe

    (530) 232-4960

    480 Red Cedar St, Tahoe City, CA 96145
  • /28

    $996,000

    • 5 Beds
    • 3 Baths
    • 2,164 Sq Ft

    8630 Steelhead Ave, Kings Beach, CA 96143

    Prime Kings Beach Triplex – Fully Occupied with Strong Income Located in the heart of the Kings Beach residential neighborhood, this well-maintained and consistently fully occupied triplex offers a compelling investment opportunity. The property includes one spacious studio and two two-bedroom units, each featuring large windows for abundant natural light, easy-care tile flooring, and dual entry

    Sue Daniels Coldwell Banker Realty

    8630 Steelhead Ave, Kings Beach, CA 96143
  • /28

    $1,500,000

    8798 Brockway Vista Ave, Kings Beach, CA 96143

    Located on one of the most desirable streets in Kings Beach, 8798 Brockway Vista Avenue is a rare opportunity to own a versatile, income-producing 1,634 square foot, 5 bedroom, 3 bathroom triplex just steps from the lake. Set in the heart of town yet tucked into a beautifully landscaped lot, this well-maintained property offers three distinct living spaces and the kind of flexibility that’s hard

    Cole Mizak Compass

    8798 Brockway Vista Ave, Kings Beach, CA 96143
  • /28

    $2,850,000

    • 3,562 Sq Ft

    8638 Trout Ave, Kings Beach, CA 96143

    Just two blocks from the shores of Lake Tahoe, this updated 8-unit property offers an unbeatable blend of location, rental income, and modern upgrades. Ideally situated in the heart of Kings Beach, 8638 Trout Ave features seven fully furnished studio units and one spacious 2-bedroom, 1-bath unit, all on a single level. Units have been tastefully updated with stainless steel appliances, quartz

    JB Benna Sierra Sotheby's Int - Rock

    8638 Trout Ave, Kings Beach, CA 96143
  • /23

    $3,000,000

    • 9,567 Sq Ft

    2225 W Lake Blvd, Tahoe City, CA 96145

    Site of an Old-Tahoe Church Camp & more recently a Community School, this 1.6 acre (+,-) Investment Property is located in the heart of the west shore, across the street from Kilner Park ( bordering West Lake Boulevard. Zoning is Mixed-Use, which provides for a variety of income producing redevelopment opportunities. Buyer to investigate their highest & best possible future use of this property.

    Darin Vicknair Berkshire Hathaway HomeService

    2225 W Lake Blvd, Tahoe City, CA 96145
  • /17

    $1,399,000

    • 2,882 Sq Ft

    1055 Tomahawk Trail Unit A and B, Incline Village, NV 89451

    Public Remarks: Rare investment opportunity in low-elevation Incline Village! This updated duplex offers a prime location within walking distance to beaches, shops, restaurants, and more, with easy access to Tunnel Creek and Diamond Peak Ski Resort. Each unit features 1,441 sq. ft., 3 bedrooms, 2 baths, a 364 sq.ft. finished basement, wood-burning fireplace, washer/dryer, private fenced yard, and

    Sabrina Belleci RE/MAX Gold-Incline Village

    1055 Tomahawk Trail Unit A and B, Incline Village, NV 89451
  • /22

    $1,400,000

    • 2,688 Sq Ft

    943 Harold Dr, Incline Village, NV 89451

    Rare investment opportunity in Incline Village—943 Harold Drive #1 & #2. This fully-occupied duplex includes two separate APNs, allowing each 2 bed, 2 bath, 1,344 square foot unit to be sold individually. Each features its own laundry, a wood-burning fireplace, and an attached 1-car garage. With 10 IVGID passes included and the ability to operate as two independent short-term rentals, this

    Cole Mizak Compass

    943 Harold Dr, Incline Village, NV 89451
  • /23

    $1,285,000

    • 5 Beds
    • 4 Baths

    8869 Brook Ave Unit 8859 Brook Avenue, Kings Beach, CA 96143

    Triplex Investment Opportunity – 8869 & 8859 Brook Ave Built in 1999 across four lots (two parcels), this modern triplex offers newer construction near the end of Brook Avenue, adjacent to open forest land. The combined "double parcel" may allow for additional development—buyers are advised to verify any future development potential with the county building department. The two parcels are both

    Sue Daniels Coldwell Banker Realty

    8869 Brook Ave Unit 8859 Brook Avenue, Kings Beach, CA 96143
  • /26

    $1,250,000

    • 2,656 Sq Ft

    441 Bear St Unit 8396 Steelhead Ave, Kings Beach, CA 96143

    Prime infill development opportunity in the heart of Kings Beach. Offered as a rare chance to reimagine and revitalize a large central parcel in one of North Lake Tahoe’s most vibrant communities. Set on a generous .56-acre lot, this mixed-use property presents a true redevelopment opportunity in an A+ walkable location just blocks from the lake, shops, and dining.The parcel currently features an

    Dave Westall Sierra Sotheby's Int - Rock

    441 Bear St Unit 8396 Steelhead Ave, Kings Beach, CA 96143
  • /28

    $1,950,000

    • 24,713 Sq Ft

    8651 Speckled Ave, Kings Beach, CA 96143

    Rare Mixed-Use Opportunity in Tahoe Area – Industrial-Grade Construction with Luxury Living Discover a one-of-a-kind property that seamlessly blends high-quality residential living with robust commercial potential. This steel-constructed building features soaring ceilings, oversized access doors, and industrial-grade durability—perfect for a variety of commercial uses. Key Features:

    Sue Daniels Coldwell Banker Realty

    8651 Speckled Ave, Kings Beach, CA 96143
  • /28

    $1,075,000

    • 4 Beds
    • 3 Baths
    • 1,960 Sq Ft

    8438 Dolly Varden Ave, Kings Beach, CA 96143

    Looking for a nice home and apartment to rent all in one?? Check out this nice Residential Opportunity in the Heart of Tahoe’s North Shore! Versatile home with income potential or multi-generational living! Centrally located in the heart of Tahoe’s desirable North Shore, this unique property offers two separate living spaces, parking for four, and a large fenced yard—perfect for full-time

    Sue Daniels Coldwell Banker Realty

    8438 Dolly Varden Ave, Kings Beach, CA 96143
  • /37

    $2,295,000

    • 4 Beds
    • 3 Baths
    • 2,538 Sq Ft

    1064 Lucerne Way, Incline Village, NV 89451

    Mountain living at it's best...this tranquil setting is just a few blocks to Incline Village's private beaches, Hyatt Hotel-Casino & just down the street from Diamond Peak Ski Area, the shuttle stops within steps from your front door. Not to mention close proximity to all of Incline Village's amazing amenities. This 4 BR, 3 full BA 2,538 sq.ft. freestanding townhome boasts an open floor plan with

    Sarah Clark Dickson Realty

    1064 Lucerne Way, Incline Village, NV 89451
  • /23

    $2,995,000

    • 9 Beds
    • 5 Baths
    • 6,074 Sq Ft

    866 Southwood Blvd, Incline Village, NV 89451

    Great Opportunity in Lake Tahoe, the Heart of Incline Village, NV Fabulous Location walk to the coveted beaches, Hyatt, restaurants, shops, markets, recreation center, and beautiful hiking trails just 3 blocks from Lakeshore Blvd. 2 18 hole golf courses a few minutes away. Prime property built 1965, pre TRPA-grandfathered coverage. 6 Unit apartment building located on the Lake side of Tahoe Blvd

    Matthew Biscotti Coldwell Banker Select Real Es

    866 Southwood Blvd, Incline Village, NV 89451
  • /28

    $3,550,000

    • 4,872 Sq Ft

    347 Cottonwood Ct, Incline Village, CA 89451

    Turnkey Multi-Family Gem in Incline Village - Fully Remodeled; and five of the units are currently rented long term! Don't miss this rare 6-unit investment in a prime low-elevation location—no HOA, seller has one STR permit, but buyer will have to get their own. Potential for a 5.5% cap rate. Includes (1) spacious 2-bed/2.5-bath with luxury finishes, peek lake views, and large deck, (3)

    John Eppolito Coldwell Banker Select Real Es

    347 Cottonwood Ct, Incline Village, CA 89451
  • /27

    $1,499,000

    • 3 Beds
    • 2.5 Baths
    • 1,886 Sq Ft

    898 Peepsight Cir Unit 27B, Incline Village, NV 89451

    Low elevation. 898 Peepsight Court is part of the original 4 of the Lake Country Estates. 2 stories with the open floor plan. Primary bedroom on main living level. Cathedral ceilings, open kitchen, living and dining. Gas fireplace, two car attached garage, 1,886 square feet, built in 1999, great condition. Deck in the front faces the beautifully landscaped common area.

    Janet Pahl Coldwell Banker Select

    898 Peepsight Cir Unit 27B, Incline Village, NV 89451
  • /17

    $1,399,000

    • 2,882 Sq Ft

    1055 Tomahawk Trail, Incline Village, NV 89451

    Rare investment opportunity in low-elevation Incline Village! This updated duplex offers a prime location within walking distance to beaches, shops, restaurants, and more, with easy access to Tunnel Creek and Diamond Peak Ski Resort. Each unit features 1,441 sq. ft., 3 bedrooms, 2 baths, a 364 sq.ft. finished basement, wood-burning fireplace, washer/dryer, private fenced yard, and mountain views.

    Sabrina Belleci RE/MAX Gold

    1055 Tomahawk Trail, Incline Village, NV 89451
  • /32

    $2,250,000

    • 3,252 Sq Ft

    1049 Tomahawk Trail, Incline Village, NV 89451

    This four plex offers 4 one bedroom, one bath units with south facing decks. Units 2 and 4 have lofts and high ceilings. There are two sets of Washer/Dryer on site on the main level that are shared between the tenants. There are assigned parking spots in front of the property that are for the property. All units have gas fireplaces. This is a great investment opportunity. All the units, with

    Sandra Haupt Elite Properties

    1049 Tomahawk Trail, Incline Village, NV 89451
  • /50

    $3,550,000

    • 4,872 Sq Ft

    347 Cottonwood Ct, Incline Village, NV 89451

    Turnkey Multi-Family Gem in Incline Village – Fully Remodeled; and 5 of the units are currently rented long-term!Don’t miss this rare 6-unit investment in a prime low-elevation location—no HOA, potential for a 5.5% cap rate, one STR permit. Includes (1) spacious 2-bed/2.5-bath with luxury finishes, peek lake views, and large deck, (3) stylish 1-bed/1.5-baths with sleek design, peek lake views,

    John Eppolito Coldwell Banker Select

    347 Cottonwood Ct, Incline Village, NV 89451

Why Live in Carnelian Bay

Carnelian Bay, a small lakeside community in California, sits on the shores of Lake Tahoe and is known for its stunning views and semi-precious red and yellow gemstones. Home to fewer than 600 residents, the area features a variety of home styles, including log cabins, townhomes, mountain homes, and lakefront mansions, all nestled within a dense forest of tall pine trees. Unique properties like the remodeled A-Frame house, Twilight, highlight the diverse real estate options. The community is served by the highly rated Tahoe Truckee Unified School District, with students attending Tahoe Lake Elementary, North Tahoe School, and North Tahoe High School, which offers specialized programs such as a Ski/Independent Study Academy.

Carnelian Bay boasts several attractions, including Carnelian West Beach and Patton Beach, where residents can enjoy barbecues, picnics, and water activities like paddleboarding and kayaking. For skiing and snowboarding, nearby resorts such as Palisades Tahoe and Northstar California Resort are popular destinations. Magic Carpet Golf & Arcade provides family-friendly entertainment with mini golf courses and an arcade. Dining options include Waterman's Landing, Gar Woods Grill & Pier, and CB's Bistro, offering a range of culinary experiences from organic breakfast to Italian cuisine.

Residents can shop at nearby Safeway stores or New Moon Natural Foods. The community's location allows for easy travel, with Nevada just 5 miles away and the Tahoe National Forest approximately 50 miles away. Sacramento, the nearest major city, is about 120 miles from Carnelian Bay.

Home Trends in Carnelian Bay, CA

Housing Trends

Median Sale Price
$1,150,000
Median Single Family Sale Price
$1,250,000
Median 2 Bedroom Sale Price
$632,000
Median 1 Bedroom Sale Price
$513,500
Average Price Per Sq Ft
$861
Number of Homes for Sale
37
Last 12 months Home Sales
61
Months of Supply
7.30
Median List Price
$1,263,000
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
16%
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