$4,795,000
2338 Overlook Place
Northstar, CA 96161
✓ STR Allowed — Permit Required
Placer County STR permit required. County-wide cap of 3,900 permits — new permits available until cap is reached.
5 Beds
·
6.5 Baths
·
4,925 Sq Ft
·
25264 Lot
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About This Property

Located in Northstar’s prestigious Big Springs neighborhood on the highly coveted Overlook Place, this spectacular mountain home blends timeless craftsmanship with refined luxury in a serene, private setting. Thoughtfully designed for year-round enjoyment, the property offers effortless access to Northstar California Resort's renowned skiing, mountain biking, recreation center amenities, and miles of alpine trails. In the warmer months, the beautifully landscaped backyard offers a tranquil setting for practicing your short game on the private putting green while the expansive deck is perfect for outdoor dining. Being on an oversized lot offers added privacy and unobstructed views and enhances the home's tranquil setting. Inside, the home impresses at every turn with grand, oversized living spaces and meticulous custom details like hand-painted walls. The living room features a soaring 24-foot trestle-beamed ceiling, massive stone archways, and a striking fireplace that anchors the room with mountain elegance. A gourmet chef’s kitchen, formal and informal dining areas, and a wet bar off the living room creates a seamless atmosphere for elevated living and effortless entertaining. Designed with comfort and privacy in mind, the home offers ensuite baths for each bedroom, ensuring an exceptional experience for family and guests. The lower level includes a dedicated office for work-from-home needs as well as an additional family room. A spacious hot tub on the covered lower deck provides year-round relaxation, while below the garage there is a separate, saloon-style game room with a built-in bar and a pool table. With a full bath and closet, this detached room can accommodate a pull-out sofa, providing additional sleeping space. With its exceptional craftsmanship, exquisite details, and premier location, this magnificent residence embodies the very best of Northstar luxury living. As part of the Northstar community, owners enjoy access to HPOA’s year-round amenities, including a heated swimming pool, fitness center, and tennis courts. In the winter, the home’s proximity to the Timberline chairlift provides unparalleled convenience for skiers.

Listed by William Dietz — Tahoe Luxury Properties

Listing Details

Status Active
MLS # 20260453
Price/Sq Ft $974

Property History

Mar 30, 2026
Listed for sale
$4,795,000
Property Overview
Beds 5
Baths 6.5
Sq. Ft. 4,925
Lot Size 0.58 acres
Stories 2
Year Built 2005
Property Type Single Family Residence
Style Mountain
Subdivision Northstar
APN 110-630-057
Parking
Parking Features Three
Exterior & Lot
Exterior Features Pantry,High Ceilings,Landscaping,Heated Drive,Rental History,High Speed Internet,Hot Tub,Steam Shower,Wine Room,Ski In/Ski Out
Lot Features Downslope,Gentle
View Panoramic,Mountain,Meadow
Construction Framed
Roof Composition
Foundation Perim Concrete
Utilities & Systems
Heating Natural Gas,Hydronic
Financial
HOA Fee $1,700
HOA / Community https://npoa.info
HOA & Community
Community Amenities Pool,Tennis Courts,Exercise Equipment
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STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Excellent
87
PROJECTED ANNUAL REVENUE
$142,500 ($118K – $167K range)
~$11,875 per month
Avg Nightly
$485
Occupancy
68%
Cap Rate
5.2%

Payment calculator

$0 per month
Principal & interest
$0
Property taxes
$0
HOA dues
$0
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($959,000)
Home price
$4,795,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Real Estate Agent
License #CA 02235314

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