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. Walk down to breakfast at the Old Post Office Café, or spend your days paddleboarding, boating, or enjoying the sun along Tahoe’s north shore. 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.
For sale
Price cut: $75K (8/26)
$975,000
4540 Muletail Dr, Carnelian Bay, CA 96140
5beds
2baths
2,415sqft
Est.:
Single Family Residence
Built in 1977
0.28 Acres Lot
$952,600 Zestimate®
$404/sqft
$-- HOA
What's special
Beautiful brick wood-burning fireplaceSurrounded by tall pinesNatural lightFloor-to-ceiling windowsNew back deckSeamless indoor-outdoor flowWell-sized bedrooms
- 50 days
- on Zillow |
- 1,135 |
- 41 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: August 26, 2025 at 10:38am
Listed by:
Abby M Hogan 530-902-4524,
Tahoe Mountain Realty
Source: TSMLS,MLS#: 20251653

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Open house
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
Heating
- Natural Gas
Appliances
- Included: Range, Oven, Disposal, Dishwasher, Refrigerator
- Laundry: In Garage
Features
- Flooring: Carpet, Vinyl, Mixed
- Has fireplace: Yes
- Fireplace features: Fireplace: Living Room
Interior area
- Total structure area: 2,415
- Total interior livable area: 2,415 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Attached, Two
- Attached garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck(s): 1
- Has view: Yes
- View description: Trees/Woods
- Waterfront features: Other
Lot
- Size: 0.28 Acres
- Features: Street
- Topography: Downslope,Gently Rolling
Details
- Additional structures: None
- Parcel number: 091220026000
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Mountain
- Property subtype: Single Family Residence
Materials
- Frame
- Foundation: Concrete Perimeter
- Roof: Metal
Condition
- Used
- New construction: No
- Year built: 1977
Utilities & green energy
- Sewer: Utility District
- Water: Utility District
- Utilities for property: Natural Gas Available
Community & HOA
Community
- Subdivision: North LakeTahoe
HOA
- Has HOA: No
- Amenities included: Other/See Remarks
Location
- Region: Carnelian Bay
Financial & listing details
- Price per square foot: $404/sqft
- Tax assessed value: $236,650
- Price range: $975K - $975K
- Date on market: 7/18/2025
- Listing agreement: EXCLUSIVE RIGHT
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