$385,000 $399,000 ↓ $14,000 reduced Active Partial Ownership
Heads up: This listing is a partial ownership / fractional share — you would be buying a share of the property (not the whole home). Carefully review the listing details and any ownership documents before making an offer.
1055 Martis Landing #B
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
·
3.5 Baths
·
3,297 Sq Ft
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About This Property

New co-ownership opportunity: Own one-eighth of this professionally managed, turnkey home by Pacaso. Escape to effortless luxury in this newly built 4-bedroom, 4-bathroom home in Truckee. Designed for both comfort and style, it features vaulted ceilings, sleek lighting, and expansive windows that frame breathtaking wooded views. The great room opens to a spacious deck, perfect for year-round entertaining, while a lower-level wet bar and lounge offer a cozy retreat. The gourmet kitchen boasts high-end appliances, custom cabinetry, and state-of-the-art technology. Two elegant primary suites include fireplaces and private balconies, with two additional bedrooms providing ample space for guests. Enjoy Northstar HOA amenities, including a pool, tennis courts, and a fitness center. A convenient shuttle takes you straight from your doorstep to The Village at Northstar for easy access to the ski lifts, ice skating, dining, and shopping. The home comes fully furnished and professionally decorated.

Listed by Maxx Rifkin — Pacaso, Inc.

Listing Details

Status Active
MLS # 20251916
Days on Market 409
Price/Sq Ft $117

Property History

Aug 21, 2025
Listed for sale
$399,000
Sep 25, 2026
Price reduced
$385,000 $399,000 ↓ $14,000

Sale History · changed hands 4×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Dec 2022 · via MLS history $422,000 — —
Mar 2023 · via MLS history $422,000 — —
May 2025 · via MLS history $425,000 (+1%) — —
Feb 2026 · via MLS history $381,000 (-10%) — —

MLS closed sales, with duplicate ingestions collapsed and lease records excluded, so each row is a distinct transaction. Rows marked county record come from the assessor's deed data, which reaches back further than the MLS feed; rows marked via a listing site fill the years the feed misses using that site's public sale record.

Property Overview
Beds 4
Baths 3.5
Sq. Ft. 3,297
Year Built 2022
Property Type Timeshare
Style Modern
Subdivision Northstar
County Placer
STR Jurisdiction Placer County
APN 110220002000
Parking
Garage Spaces 2
Parking Features Two, Attached
Attached Garage Yes
Exterior & Lot
Lot Features Street
View Trees/Woods
Utilities & Systems
Heating Natural Gas
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

STR analysis
STRUCTURAL SCORE —
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PROJECTED GROSS ANNUAL REVENUE
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Avg Nightly
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Building Permit History

Placer County permit records for this parcel

RESIDENTIAL: LIMITED REVIEW - Electrical, Mechanical, Plumbing, Roof Solar, etc · 2025-09-29
Received
c/o 3-Ton AC
Permit #BLD25-06476
RESIDENTIAL: LIMITED REVIEW - Electrical, Mechanical, Plumbing, Roof Solar, etc · 2021-12-02
Construction Complete
6.12 Kw roof mount solar INSTALL LOCATION: Main House CURRENT MAIN AMPERAGE: 200 PANEL CHANGEOUT: No PROPOSED AMPERAGE: 200 INVERTER TYPE/SIZE: 6000 Se NUMBER OF PANELS/TYPE: 18 340s MOUNTING SYSTEM: Ironridge SYSTEM OUTPUT (kW): 6.12 TRENCHING / GRADING: No null
Permit #BLD21-07243
RESIDENTIAL: FULL REVIEW - New Home - Greater than 3,000 sq ft or above 5,000 ft elevation · 2021-04-08
Construction Complete
Voluntary Third Party review - Apex SFD, Garage, Deck, Porch LIVING-----------------------3,297sf GARAGE/STORAGE-------582sf COVERED PORCH---------281sf DECK---------------------------437sf BBQ Special Inspection Required Structural Observation NOT Required- Plans stamped in error. Deferred Submittals: Truss Calcs and Gas Schematic APEX revisions for Trusses approved on 3/10/22. RN
Permit #BLD21-01896

Public permit records from the Placer County permit portal, last checked 2026-09-28. Open permits should be finaled or closed before close of escrow; verify current permit status directly with the county.

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

$2,285 per month
Principal & interest
$1,947/mo
Property taxes
$338/mo
1.0544% of the price, Truckee's 2025-26 rate, plus direct charges: California re-assesses a home at its sale price.
HOA dues
$0/mo
From MLS listing data.
Home insurance
$0/mo
Timeshare or fractional share — no whole home to insure, so no insurance estimate.
Down payment
20% ($77,000)
Home price
$385,000
Loan details
30-yr fixed, 6.5%
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