3865 Dinah Road, Carnelian Bay, CA 96140, Carnelian Bay, 96140 - 3 bed, 2 bath
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Carnelian Bay, CA 96140
Analysis of 3865 Dinah Road, Carnelian Bay, CA 96140 is currently available with a list price of $1,150,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Carnelian Bay Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
The property, built in 1997, is well-maintained and shows pride of ownership, but remains largely in its original state. The kitchen features dated oak cabinetry and tile countertops, and the flooring consists of older-style carpeting and linoleum. While there are minor recent updates like a new refrigerator and synthetic decking, the home lacks the comprehensive renovations required for a higher score and fits the criteria of a 25-40 year old home with functional but outdated components.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11761, living area = 1423.
With a successful Airbnb history, completed fire inspections for STR permits, and being offered mostly furnished, this property is positioned as a ready-to-go income-producing asset.
The home is ideally situated just steps from trailhead access and minutes from major destinations like Tahoe City, Palisades Tahoe, and Homewood, making it a perfect recreation hub.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =11761, other record lot size in square feet = 11691.
At 1,423 square feet for a three-bedroom home, the living areas may feel compact for larger groups or those seeking a more expansive full-time residence.
While the property offers lake views, they are described as 'filtered,' which may not satisfy buyers looking for unobstructed or panoramic vistas of Lake Tahoe.
This gorgeous Tahoe style retreat by Sherman Homes featuring an open great room with pine vaulted ceilings and a wood burning river rock fireplace. Spacious living and dining areas flow into an open kitchen with breakfast bar. Three bedrooms on the main level plus a large two car garage with added storage loft and custom bike/ski storage system($7k), and an expansive sun deck above with newer synthetic decking($5k).Successful Airbnb history with recent updates including a new refrigerator, updated water shut off in downstairs closet for easy access year-round, recent roof inspection, and completed fire inspection for STR permit. Serene filtered lake views, wood wrapped windows, vaulted beam ceilings, and offered mostly furnished and Ideally located in Carnelian Bay just steps to trailhead access and minutes away from Tahoe City, Palisades Tahoe, and Homewoodperfect as a weekend recreation hub, full time Alpine retreat, or Income-producing getaway, come see this one for yourself! This home is owner occupied and shows pride of ownership.
No exterior & parking available.
No sensitive facilities data found.
Apr 15, 2026
$1,150,000
Initial Listing
Jun 22, 2009
$475,000
Public Record
Nov 2, 2005
$742,000
Public Record
Jul 7, 1997
$245,000
Public Record
Jun 15, 1995
$40,000
Public Record