$1,695,000 Active
1017 Martis Landing
Truckee, 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.
4 Beds
·
3.0 Baths
·
2,284 Sq Ft

About This Property

Discover the perfect blend of mountain serenity and modern comfort in this beautifully updated Northstar home. Nestled in a picturesque, wooded setting, this home provides a private retreat just moments away from world-class alpine recreation. A complete renovation since 2015 upgraded every major component of the house—including a new roof, siding, windows, doors, and a high-efficiency heating system with new ducts—giving the peace of mind of a move-in ready property. Inside, the spaces feel fresh and inviting, featuring upgraded flooring, quality woodwork, and a beautifully remodeled kitchen and bathrooms. The heart of the home is a warm living area centered around a stone fireplace and custom bookshelves. Four generous bedrooms comfortably accommodate family and friends under one roof. Outside, a large deck spans the entire backside of home, offering plenty of space for outdoor dining and relaxing among the pines. Mountain living is made easy with a flat driveway, lots of parking, and a spacious garage with smart storage for all of the Tahoe gear. With close proximity to Lake Tahoe and the world-class slopes of Northstar, year-round recreation and enjoyment await. Ownership also grants access to Northstar’s shuttle service and to the exceptional NPOA Rec Center, complete with fitness center, pools, hot tubs, tennis, pickle ball, and an arcade. With its impeccable condition, generous four-bedroom layout, and unbeatable resort convenience, 1017 Martis Landing is a unique standout in Northstar.

Listed by Mark DiGiacomo — Carr Long Real Estate

Listing Details

Status Active
MLS # 20261941
Days on Market 2
Price/Sq Ft $742

Property History

Sep 11, 2026
Listed for sale
$1,695,000
Property Overview
Beds 4
Baths 3.0
Sq. Ft. 2,284
Lot Size 0.24 acres
Year Built 1979
Property Type Single Family Residence
Style Mountain
Subdivision Northstar
County Placer
STR Jurisdiction Placer County
APN 110200037
Parking
Garage Spaces 2
Parking Features Two, Attached
Attached Garage Yes
Exterior & Lot
Lot Features Greenbelt
View Trees/Woods
Construction Frame, Wood Siding
Roof Composition
Foundation Concrete Perimeter
Utilities & Systems
Heating Natural Gas, CFAH
Financial
HOA Fee $1,700 / Annually
HOA & Community
Community Amenities Pool, Tennis Court(s), Exercise Equipment
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STR Investment Analysis

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

STR Investment Analysis

Yellow Zone
STRUCTURAL SCORE Premium
74
PROJECTED GROSS ANNUAL REVENUE
$75K – $115K typically ~$95,000
~$7,917 per month
Avg Nightly
$700
Occupancy
37%
Cap Rate
2.2%

STR Investment Summary — 1017 Martis Landing, Truckee

Est. Gross Annual Revenue
$75K – $115K
typically ~$95,000
Avg Nightly Rate
$700
Projected Occupancy
37.2%
Cap Rate
2.2%
Structural Score: 74 / 100 (Premium) · STR Zone: Yellow

Nightly rates and occupancy from Northstar / Martis Valley market data (85 comparable 4-bedroom rentals, 2026-08); seasonality from comparable Tahoe rentals. Gross of management, cleaning and platform fees. Assumes full-year availability, professional management and dynamic pricing; owner use reduces it. Estimates vary.

Cost Segregation Tax Savings

Estimated first-year bonus depreciation savings

Estimated First-Year Tax Savings
$0
via bonus depreciation
Land Value
$0
Improvement Basis
$0
5-Year Property (18%)
$0
15-Year Property (10%)
$0
Estimates are for informational purposes only and do not constitute tax advice. Consult a qualified CPA or tax professional for your specific situation. Actual savings depend on individual tax circumstances.

Payment calculator

$0 per month
Principal & interest
$0
Property taxes
$0
HOA dues
$0
From MLS listing data.
Home insurance
$0
Insurance estimate only — Tahoe wildfire-zone rates vary; get a local broker quote for accuracy.
Down payment
20% ($339,000)
Home price
$1,695,000
Loan details
30-yr fixed, 6.5%
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