Sold $2,250,000 $2,195,000 Closed
1122 Martis Landing
Truckee, CA 96161

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SOLD 2026-02-10
Sold for $2,250,000 (listed at $2,195,000)
📋 STR Permit on File
Placer County's public short-term-rental registry shows a permit on file for this home. Permits never transfer with a sale — a buyer applies for their own.
6 Beds
·
4.0 Baths
·
2,716 Sq Ft

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About This Property

Situated on a quiet cul-de-sac on Martis Landing, this beautifully remodeled Northstar home offers a premier setting with a serene greenbelt backdrop. Mature trees are thoughtfully positioned to create privacy and a peaceful mountain atmosphere while still allowing abundant natural light to pour through expansive floor-to-ceiling windows. The home has been extensively remodeled and features air conditioning, hot tub, six bedrooms plus a loft, and four bathrooms, including two en suite bedrooms. Two bedrooms are conveniently located on the main living level, with four additional bedrooms upstair--ideal for hosting family and guests. A two-car garage completes the home's functional layout. Just steps from the Tompkins Memorial Trail, this location is ideal for enjoying Northstar's exceptional trail system. From your doorstep, access over 22 miles of trails winding through the community, down to Martis Valley, and connecting to the Truckee Legacy River Trail--perfect for hiking, biking, and exploring year-round. Northstar's shuttle service conveniently picks you up at the home and transports you to the Village or gondola. Residents enjoy world-class amenities including downhill and cross-country skiing, ice skating, restaurants, shopping, downhill mountain biking, and access to the Northstar Recreation Center with swimming pools, pickleball and tennis courts, bocce ball, fitness center, and more. Located within Northstar California Resort, this home offers the best of a true four-season mountain resort lifestyle in a peaceful, highly desirable setting.

Listed by Lisa Smith — Carr Long Real Estate

Listing Details

Status Closed
MLS # 20260059
Sold Date 2026-02-10
Sold Price $2,250,000
Price/Sq Ft $808

Property History

Jan 15, 2026
Listed for sale
$2,195,000
Current
Sold
$2,250,000
Property Overview
Beds 6
Baths 4.0
Sq. Ft. 2,716
Year Built 1988
Property Type Single Family Residence
Style Chalet
Subdivision Northstar
County Placer
STR Jurisdiction Placer County
APN 110230015
Parking
Garage Spaces 2
Parking Features Two, Attached, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Lot Features Greenbelt, Rental History, Cul-De-Sac
View Panoramic, Trees/Woods, Mountain(s), Ski Resort
Roof Composition
Utilities & Systems
Heating Natural Gas
Cooling Air Conditioning
Financial
HOA Fee $1,700 / Annually
HOA & Community
Community Amenities Pool, Tennis Court(s), Golf Course, Cross Country Skiing, Down Hill Skiing, Exercise Equipment

STR Investment Summary — 1122 Martis Landing, Truckee

Est. Gross Annual Revenue
$55K – $115K
typically ~$85,000
Avg Nightly Rate
$728
Projected Occupancy
32.0%
Cap Rate
1.6%
Structural Score: 62 / 100 (Premium) · STR Zone: Yellow

Nightly rates and occupancy from Northstar / Martis Valley market data (83 comparable 4-bedroom rentals, 2026-10); 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.

Home Insurance Estimate

California FAIR Plan fire policy + a DIC wrap policy, the usual Tahoe setup

$6,100 – $7,100/yr
about $550/mo
Est. Rebuild Cost (Coverage A)
$1,493,800
FAIR Plan (fire)
$5,100/yr
DIC wrap (theft, water, liability)
$1,000 – $2,000/yr

Estimate from this ZIP's California FAIR Plan rates (Plan data as of 6/30/2026, with the 29.1% increase effective 10/15/2026) on an estimated rebuild cost, plus a DIC policy at 20–40% of the FAIR premium. Not a bindable quote; a local broker quote depends on the home's age, roof, defensible space and claims history.

See it in the monthly payment Tahoe wildfire insurance costs
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