$875,000
1063 Martis Landing
Truckee, CA 96161
⚠ STR Permit Cap Reached
Town of Truckee STR permit cap has been reached. 1-year waiting period after purchase before you can apply. Verify current waitlist status before buying.
1 Beds
·
2.0 Baths
·
1,373 Sq Ft
Virtual Tour

About This Property

Welcome home to this beautiful Northstar tri-level home. 1373 square feet, 1 bedroom plus large loft, 2 full bathrooms, private peaceful backyard with hot tub, wood burning fireplace, detached 1 car garage with E-charger. Home sleeps 8 people. Enjoy all of the Northstar HOA amenities which includes access to the Recreation Center including; swimming pools, hot tubs, gym, tennis and pickle ball. Not to mention the shuttle to pick you up directly in front of the home to the Resort. Enjoy all of Northstar in winter and summer. Get this in time before it's gone. Great home and price for under a million in Northstar!

Listed by Joanna Vasquez — Redfin Corporation

Listing Details

Status Active
MLS # 20260422
Days on Market 12
Price/Sq Ft $637

Property History

Mar 27, 2026
Listed for sale
$875,000
Property Overview
Beds 1
Baths 2.0
Sq. Ft. 1,373
Lot Size 0.25 acres
Stories 3
Year Built 1980
Property Type Single Family Residence
Style Contemporary
Subdivision Northstar
County Placer
STR Jurisdiction Town of Truckee
APN 110-220-006-000
Parking
Parking Features One
Exterior & Lot
Exterior Features High Ceilings,Phone,Cable TV,High Speed Internet,Hot Tub,Air Conditioning
Lot Features Level,Downslope
View Wooded
Construction Wooded
Roof Composition
Foundation Other
Utilities & Systems
Heating Natural Gas
Financial
HOA Fee $1,700
HOA / Community Northstar
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%

STR Investment Summary — 1063 Martis Landing, Truckee

Est. Annual Revenue
$30,142
Avg Nightly Rate
$204
Projected Occupancy
42.2%
Cap Rate
1.4%
Structural Score: 61 / 100 (Premium) · STR Zone: Green

Based on comparable vacation rental performance data for Truckee. Revenue projections are estimates and may 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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($175,000)
Home price
$875,000
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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