Sold $5,780,000 $6,995,000 Closed
12232 Pete Alvertson Drive
Truckee, CA 96161

Get homes like this by email

When a home like this lists in Truckee at a similar price and size, we email you the same day. No account needed.

SOLD 2026-04-23
Sold for $5,780,000 (listed at $6,995,000)
6 Beds
·
6.5 Baths
·
5,944 Sq Ft
Virtual Tour

Own this home or one nearby?

What's this home worth today?

It sold for $5,780,000 on 2026-04-23, and prices have moved since. Three boxes: leave your number and Murat calls you with what it would sell for today, priced from the latest closed sales nearby.

Priced by a local broker from real closed MLS sales near you. Free, no obligation.

Looking to buy instead? See similar homes for sale nearby ↓

Our data on this home

About This Property

Welcome to this unparalleled, custom estate in Lahontan: winner of the 2025 Tahoe Quarterly "Mountain Home Award". Masterfully conceived by Design Sense and built in 2023 by renowned Gallagher Construction with interior selections by KTG Design. Every inch of this home reflects elevated craftsmanship and thoughtful detail. Situated on a peaceful wooded lot at .73 of an acre, this home boasts 6 bedrooms (5 primary suites), an executive office with a fireplace and sound proof sliding glass door, a media/flex room, and an exercise room. The gourmet kitchen features natural stone slabs paired with steel and glass cabinetry, creating a modern, clean aesthetic. Floor-to-ceiling windows in the great room and entryway with a multi-slide patio door create a seamless indoor-outdoor flow. The back terrace is equipped with 2 fire pits, semi-subterranean hot tub, built-in outdoor kitchen, and tranquil streamscape. Beautiful raked cedar and earthy board-formed concrete on the exterior. THIS HOME ALSO HAS A GOLF MEMBERSHIP FOR SALE. Located within the exclusive, gated Lahontan community with a Championship 18-hole Tom Weiskopf-designed golf course, tennis, spa, lodge dining, Camp Lahontan, and more. Minutes to Northstar and Truckee. This award-winning home offers a rare opportunity to own one of Lahontan’s finest custom estates! See link to the Tahoe Quarterly article on this home: https://tahoequarterly.com/mountain-home-awards-2025/sleek-functionality. Don't forget to ask for the designer specification list and photos!

Listed by Anna Kennerley — COMPASS

Listing Details

Status Closed
MLS # 20260032
Sold Date 2026-04-23
Sold Price $5,780,000
Price/Sq Ft $1,177

Property History

Jan 11, 2026
Listed for sale
$6,995,000
Current
Sold
$5,780,000
Property Overview
Beds 6
Baths 6.5
Sq. Ft. 5,944
Lot Size 0.73 acres
Year Built 2023
Property Type Single Family Residence
Style Mountain
Subdivision Martis Valley
County Placer
STR Jurisdiction Placer County
APN 10811000900
Parking
Garage Spaces 3
Parking Features Three, Attached
Attached Garage Yes
Exterior & Lot
Lot Features Street, Landscaped
View Peek, Filtered, Trees/Woods, Mountain(s)
Construction Wood Siding
Roof Metal
Utilities & Systems
Heating Natural Gas, CFAH, In Floor
Cooling Air Conditioning
Financial
HOA Fee $483 / Monthly
HOA & Community
Community Amenities Pool, Tennis Court(s), Golf Course, Exercise Equipment, Other/See Remarks

Home Insurance Estimate

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

$13,300 – $15,500/yr
about $1,200/mo
Est. Rebuild Cost (Coverage A)
$3,269,200
FAIR Plan (fire)
$11,100/yr
DIC wrap (theft, water, liability)
$2,200 – $4,400/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
Request a Tour

We'll contact you soon.

R
Real Estate Tahoe
Real Estate Agent

Send a Message