NOT LISTED FOR SALE

480 N Ridge Rd Carnelian Bay, CA 96140

South Truckee Neighborhood

Estimated Value: $867,000 - $946,000

2 Beds
2 Baths
1,358 Sq Ft
$660/Sq Ft Est. Value

Last Sold September 15, 2025

Last sale price $890,000 $655 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $5,269/month

88 Days on Market

Highlights

  • View of Trees or Woods
  • Stream or River on Lot
  • Furnished
  • North Tahoe School Rated A
  • Vaulted Ceiling
  • Carpet

About This Home

As of September 2025

Tucked away in the highly sought after Cedar Flat subdivision backing to Watson Creek and adjacent CA conservancy lot, this charming two-bedroom, two-bathroom home (plus a spacious loft) offers a relaxing escape surrounded by nature. Step onto the back deck and take in the serene views of the forest while listening to the soothing sounds of Watson Creek flowing just beyond the property. Thoughtfully cared for, this home is ready for a new family to create lasting memories. The functional layout includes a bedroom and full bathroom on each floor, an inviting great room with vaulted ceilings, and a generously sized kitchen perfect for gatherings. Both the kitchen and bathrooms have been tastefully remodeled, and new laminate flooring has been added downstairs, giving the home a fresh, updated feel. The versatile loft is ideal for extra sleeping space, an office, or a play area. Additional storage is available in the large area beneath the home, making it easy to keep your mountain gear organized. Whether you're looking for a weekend retreat or a full-time residence, this home offers a wonderful blend of comfort, character, and natural beauty. This home is located in the Ridgewood Property Owners Association boundaries in Carnelian Bay, homeowners have the ability to join when memberships become available, granting access to a private pier and buoy field. New 50 year composite roof installed June 2025! Generate immediate return on investment - turn key fully rental ready for short or long term rental with consistent rental income history of $60,000 annually.

Last Agent to Sell the Property

Lukas Brassie

COMPASS License #02044437 Listed on: 05/12/2025

COMPASS

Last Buyer's Agent

Kate Wilkins

Compass License #01499860

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1977

Lot Details

  • 0.43

Parking

  • No Garage

Home Design

  • Gambrel Roof

Interior Spaces

  • 1,358 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Vaulted Ceiling
  • Views of Woods
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Stream or River on Lot
  • 0.43 Acre Lot
  • Heating System Uses Natural Gas

Community Details

  • Property has a Home Owners Association
  • Optional Additional Fees
  • North Laketahoe Community

Home Details

Home Type

Single Family

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Age: 40+ Years
  • Estimated Lot Size: .26 - .5
  • Community: North LakeTahoe
  • Directions: N. Lake Blvd to Ridgewood Rd to N. Ridge Rd.
  • Number of Acres: 0.43
  • Service Type: Full Service
  • Setting: River/Creek
  • Sub-Area: 2SO
  • Sub-Status: Standard
  • Year Built: 1977
  • Estimated Sq Ft: ASSESSOR
  • Architecture: Gambrel
  • Sign YN: Y
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Heating: Natural Gas
  • Estimated Sq Ft: 1358
  • Stories: Two
  • Gas: Natural
  • Appliances: Dishwasher, Refrigerator
  • Furnished: Mostly
  • Bedrooms: 2
  • Floor Coverings: Carpet, Vinyl

Exterior Features

  • View: Wooded, River/Creek
  • Construction Phase: FINISHED

Garage/Parking

  • Garage: None
  • Garage/Parking: Other

Condo/Co-op/Association

  • HOA Dues Optional: Y
  • HOA Membership: Y

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2025
Closed on
Aug 29, 2025
Sold by
Brett N Light Revocable Trust and Light Brett N
Bought by
Gray Siiri D and Gray Daniel R
Seller's Agent
Lukas Brassie
COMPASS
Buyer's Agent
Kate Wilkins
Compass
List Price
$948,000
Sold Price
$890,000
Premium/Discount to List
-$58,000
-6.12%
Views
15
Current Estimated Value
$896,685

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,685
Avg. Annual Appreciation
2.04%

Purchase Details

Listed on
Jun 10, 2016
Closed on
Aug 5, 2016
Sold by
Light Brett N
Bought by
Light Brett N
Seller's Agent
Kelly Smith
Centr-21 Tahoe North, Realtors
Buyer's Agent
NANCY PICKAVANCE
Better Homes and Gardens Real Estate Napolitano & Associates
List Price
$414,000
Sold Price
$417,000
Premium/Discount to List
$3,000
0.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.65%
Original Mortgage
$374,883
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 10, 2016
Closed on
Jul 5, 2016
Sold by
Clement Ralph W
Bought by
Light Brett N
Seller's Agent
Kelly Smith
Centr-21 Tahoe North, Realtors
Buyer's Agent
NANCY PICKAVANCE
Better Homes and Gardens Real Estate Napolitano & Associates
List Price
$414,000
Sold Price
$417,000
Premium/Discount to List
$3,000
0.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,883
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 4, 1995
Sold by
Clement Ted and Clement Jean R
Bought by
Clement Ted and Clement Jean R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gray Siiri D $890,000 Placer Title
Light Brett N -- None Available
Light Brett N $417,000 Fidelity National Title Co
Clement Ted -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Light Brett N $374,883
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/15/2025 09/15/25 Sold $890,000 -2.9% $655 / Sq Ft
08/08/2025 08/08/25 Pending -- -- --
07/25/2025 07/25/25 Price Changed $917,000 -3.3% $675 / Sq Ft
07/04/2025 07/04/25 Price Changed $948,000 +2.5% $698 / Sq Ft
05/31/2025 05/31/25 Price Changed $925,000 -2.4% $681 / Sq Ft
05/12/2025 05/12/25 For Sale $948,000 +127.3% $698 / Sq Ft
07/29/2016 07/29/16 Sold $417,000 +0.7% -- View Prior Sale
06/12/2016 06/12/16 Pending -- -- --
06/10/2016 06/10/16 For Sale $414,000 -- --
Source: Tahoe Sierra Board of REALTORS®

Tax History

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
2025 $6,116 $483,957 $174,085 $309,872
2023 $6,116 $465,167 $167,326 $297,841
2022 $5,849 $456,047 $164,046 $292,001
2021 $5,642 $447,106 $160,830 $286,276
2020 $5,639 $442,522 $159,181 $283,341
2019 $5,686 $433,846 $156,060 $277,786
2018 $5,231 $425,340 $153,000 $272,340
2017 $5,132 $417,000 $150,000 $267,000
2016 $1,355 $74,316 $17,590 $56,726
2015 $1,329 $73,200 $17,326 $55,874
2014 $1,297 $71,767 $16,987 $54,780
Source: Public Records

Agents Affiliated with this Home

  • Lukas Brassie

    Seller's Agent in 2025

    Lukas Brassie

    COMPASS

    (530) 412-4495

    6 in this area

    64 Total Sales

    Lukas Brassie
    Section Image
  • Kate Wilkins

    Buyer's Agent in 2025

    Kate Wilkins

    Compass

    (530) 412-3164

    5 in this area

    61 Total Sales

    Kate Wilkins
    Section Image
  • Kelly Smith

    Seller's Agent in 2016

    Kelly Smith

    Centr-21 Tahoe North, Realtors

    (530) 386-3379

    11 in this area

    136 Total Sales

    Kelly Smith
    Section Image

  • N

    Buyer's Agent in 2016

    NANCY PICKAVANCE

    Better Homes and Gardens Real Estate Napolitano & Associates

  • N

    Buyer's Agent in 2016

    NINA HOOD

    AAA NCNU

  • Sue Daniels

    Buyer's Agent in 2016

    Sue Daniels

    Coldwell Banker Realty

    (530) 210-0222

    5 in this area

    36 Total Sales

    Sue Daniels
    Section Image
See All Agents

Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20250865

Tahoe Sierra Board of REALTORS®

APN: 091-220-008

California Placer County Carnelian Bay 96140 South Truckee

480 N Ridge Rd, Carnelian Bay, CA

Not Listed for Sale

Detached

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