$1,000,000 Closed
1048 Martis Landing
Truckee, CA 96161
SOLD 2026-01-30
Sold for $1,000,000
4 Beds
·
2.0 Baths
·
2,008 Sq Ft
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About This Property

Tucked within Northstar California Resort, this inviting mountain cabin blends classic Tahoe charm with thoughtful updates throughout. Recent improvements include new flooring, upgraded windows, and a dedicated hot tub room—perfect for unwinding after a day on the slopes. Backing to open space, the home offers a natural playground for kids to sled and explore right out the back door. Enjoy effortless access to the Village and lifts via Northstar’s on-demand shuttle service, along with private homeowner amenities that make mountain living easy, comfortable, and fun year-round.

Listed by Justin Swett — Tahoe Mountain Realty

Listing Details

Status Closed
MLS # 20260131
Sold Date 2026-01-30
Sold Price $1,000,000
Price/Sq Ft $498

Property History

Jan 31, 2026
Listed for sale
$1,000,000
Current
Sold
$1,000,000
Property Overview
Beds 4
Baths 2.0
Sq. Ft. 2,008
Lot Size 0.21 acres
Year Built 1977
Property Type Single Family Residence
Style Mountain
Subdivision Northstar
County Placer
STR Jurisdiction Placer County
APN 110210031000
Parking
Parking Features None
Exterior & Lot
Lot Features Greenbelt
Roof Composition
Foundation Concrete Perimeter
Utilities & Systems
Heating CFAH
HOA & Community
Community Amenities Pool, Exercise Equipment

STR Investment Summary — 1048 Martis Landing, Truckee

Est. Gross Annual Revenue
$40K – $80K
typically ~$60,000
Avg Nightly Rate
$442
Projected Occupancy
37.2%
Cap Rate
2.4%
Structural Score: 43 / 100 (Standard) · 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.

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