NOT LISTED FOR SALE

Estimated Value: $778,000 - $1,015,225

5 Beds
2 Baths
2,415 Sq Ft
$367/Sq Ft Est. Value

Sale Details

Date Sold: November 3, 2025

Last sale price $810,000 $335 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $5,180 / mo

85 Days on Market

Highlights

  • View of Trees or Woods
  • Deck
  • 2 Car Attached Garage
  • North Tahoe School Rated A
  • Mountain Architecture
  • Laundry Room

About This Home

As of November 2025

Welcome to 4540 Muletail Drive, a classic Tahoe home offering five bedrooms, two bathrooms, and over 2,400 square feet of thoughtfully designed living space on a peaceful 0.28-acre lot in the desirable Ridgewood Highlands neighborhood of Carnelian Bay. Surrounded by tall pines and mountain serenity, this inviting home is ready to welcome you. You’ll appreciate the quiet setting, the ease of access, and the semi-circular driveway with ample parking for guests. A new back deck invites you to enjoy long summer afternoons outdoors, grilling, relaxing, and soaking in the fresh alpine air. Inside, you’ll find a warm and spacious layout that blends comfort and function. The main level features an open-concept living and dining area anchored by a beautiful brick wood-burning fireplace, perfect for cozy gatherings on snowy winter days. Natural light streams through three floor-to-ceiling windows, and a large sliding glass door opens directly onto the deck, creating seamless indoor-outdoor flow. Five well-sized bedrooms—two downstairs and three upstairs—offer space and flexibility for any lifestyle. Whether hosting multiple families, accommodating guests, or creating dedicated home offices or hobby spaces, this layout provides room for everyone. The two full bathrooms are well-appointed and easily accessible from each wing of the home. A laundry and utility room behind the garage includes a washer, dryer, and additional storage—plus space that is plumbed to be converted into another bath or expanded utility area. Outdoors, the property offers forested privacy and plenty of room to play, relax, or explore. It is just a short walk to nearby National Forest lands and hiking trails. From the front door, you’re just minutes to Lake Tahoe, with quick access to Carnelian Bay Beach, Kings Beach, and Tahoe City. In winter, you’ll love the convenience to Northstar, Palisades Tahoe, Homewood, Diamond Peak, and other world-class ski resorts. Whether you’re hitting the slopes, snowshoeing out your back door, or enjoying a fire after a day of adventure, this is your year-round base for everything Tahoe.

Last Agent to Sell the Property

Abby Hogan

Tahoe Mountain Realty License #01517026 Listed on: 07/18/2025

Tahoe Mountain Realty

Last Buyer's Agent

Jennifer Borwick

Chase International - TC License #01957374

Chase International - TC

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1977

Lot Details

  • 12,197 Sq Ft Lot
  • Lot Sloped Down

Parking

  • 2 Car Attached Garage

Home Design

  • Mountain Architecture
  • Metal Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,415 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Views of Woods

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Deck

Utilities

  • Heating System Uses Natural Gas
  • Utility District

Community Details

Home Details

Home Type

Single Family

Year Built

Built in 1977

Lot Details

0.28 Acres

Listing Details

  • Age: 40+ Years
  • Estimated Lot Size: .26 - .5
  • Community: North LakeTahoe
  • Number of Acres: 0.28
  • Service Type: Full Service
  • Setting: Street
  • Sub-Area: 2SO
  • Sub-Status: Standard
  • Topography: Downslope, Gentle
  • Year Built: 1977
  • Cross Street: N Ridge Rd
  • Sewer: Utility District
  • Estimated Sq Ft: ASSESSOR
  • Architecture: Mountain
  • Out Buildings: No
  • Property Condition: Used
  • Sign YN: Y
  • Additional Public Remarks: New LVP flooring downstairs and fresh paint throughout! There is an optional HOA: Ridgewood Pier Owners Association, providing access to the neighborhood pier on the 4500 block of N Lake Blvd, as well as weekly buoy rentals. No CC&R's.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Heating: Natural Gas
  • Estimated Sq Ft: 2415
  • Stories: Two
  • Gas: Natural
  • Water: Utility District
  • Appliances: Range, Oven, Disposal, Dishwasher, Refrigerator
  • Fireplace: Living Room
  • Furnished: None
  • Bedrooms: 5
  • Floor Coverings: Carpet, Mixed, Vinyl
  • FullBaths: 2

Exterior Features

  • View: Wooded
  • Construction Exterior: Framed
  • Waterfront Amenities: Other
  • Foundation: Perim Concrete
  • Roof: Metal
  • Decks: 1
  • Construction Phase: FINISHED

Garage/Parking

  • Garage: Two
  • Garage/Parking: Attached

Utilities

  • Laundry: Garage

Condo/Co-op/Association

  • HOA Amenities: Other/See Remarks
  • HOA Dues Optional: Y
  • HOA Website: https://www.rpoatahoe.com

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2025
Closed on
Oct 28, 2025
Sold by
Bought by
Seller's Agent
Abby Hogan
Tahoe Mountain Realty
Buyer's Agent
Jennifer Borwick
Chase International - TC
List Price
$1,050,000
Sold Price
$810,000
Premium/Discount to List
-$240,000
-22.86%
Views
43
Current Estimated Value
$886,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,306
Avg. Annual Appreciation
12.75%
Original Mortgage
$460,000
Outstanding Balance
$446,486
Interest Rate
5.41%
Mortgage Type
New Conventional
Estimated Equity
$439,820
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$810,000 Fidelity National Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $460,000
Previous Owner --
Previous Owner --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/03/2025 11/03/25 Sold $810,000 -10.0% $335 / Sq Ft
10/11/2025 10/11/25 Pending -- -- --
09/26/2025 09/26/25 Price Changed $900,000 -7.7% $373 / Sq Ft
08/26/2025 08/26/25 Price Changed $975,000 -7.1% $404 / Sq Ft
07/18/2025 07/18/25 For Sale $1,050,000 -- $435 / Sq Ft
Source: Tahoe Sierra Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $3,704 $810,000 $275,000 $535,000
2025 $3,558 $236,650 $27,457 $209,193
2023 $3,558 $227,463 $26,392 $201,071
2022 $3,329 $223,004 $25,875 $197,129
2021 $3,221 $218,632 $25,368 $193,264
2020 $3,213 $216,391 $25,108 $191,283
2019 $3,233 $212,149 $24,616 $187,533
2018 $2,841 $207,990 $24,134 $183,856
2017 $2,787 $203,912 $23,661 $180,251
2016 $2,751 $199,915 $23,198 $176,717
2015 $2,697 $196,913 $22,850 $174,063
2014 $2,624 $193,057 $22,403 $170,654
Source: Public Records

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Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20251653

Tahoe Sierra Board of REALTORS®

APN: 091-220-026

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