$4,595,000
12237 Pete Alvertson Drive
Truckee, CA 96161
This home was taken off the market. See 6 similar homes for sale in and around Truckee ↓

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✗ STR Not Allowed
Lahontan's HOA does not allow short-term rentals, even where the county would issue a permit.
4 Beds
·
4.5 Baths
·
4,004 Sq Ft
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Our data on this home

About This Property

Mountain meets modern with this Lahontan estate located on the 7th fairway of a quiet cul-de-sac. With over 4,000 sq. ft.there is plenty of room to spread out over the holidays and 4-seasons in this private Truckee community. There are 2 primary suites on the main level, with main primary hosting an office, fireplace, walk in closet and spa like bathroom with soak tub. Upstairs you will find 2 more bedrooms with one en-suite and the other with a bathroom that also services the game room. The timeless stone work brings the outdoors in and complements the modern touches. A large kitchen hosts a 48" Wolf range and Sub-Zero fridge with oversized island to entertain family and friends. Home has had many recent updates including fresh paint throughout, light fixtures, generator and much more.

Listed by Shane Jones — Tahoe Mountain Realty

Listing Details

Status Withdrawn
MLS # 20260481
Days on Market 204
Price/Sq Ft $1,148

Property History

Apr 03, 2026
Listed for sale
$4,595,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Aug 2021 · via MLS history $3,800,000 — —

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 4.5
Sq. Ft. 4,004
Lot Size 0.62 acres
Stories 2
Year Built 2014
Property Type Single Family Residence
Style Mountain
Subdivision Martis Valley
County Placer
STR Jurisdiction Placer County
APN 108-110-021
Parking
Parking Features Three
Exterior & Lot
Exterior Features Pantry,Air Conditioning
View Wooded,Golf
Roof Composition,Metal
Foundation Pier,Perim Concrete
Utilities & Systems
Heating Natural Gas,CFAH
Financial
HOA Fee $6,500
HOA & Community
Community Amenities Pool,Golf,Cross Country Skiing,Exercise Equipment
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STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

STR analysis
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PROJECTED GROSS ANNUAL REVENUE
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Home Insurance Estimate

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

$9,000 – $10,500/yr
about $812/mo
Est. Rebuild Cost (Coverage A)
$2,202,200
FAIR Plan (fire)
$7,500/yr
DIC wrap (theft, water, liability)
$1,500 – $3,000/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

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

$28,627 per month
Principal & interest
$23,235/mo
Property taxes
$4,037/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
$542/mo
From MLS listing data.
Home insurance
$813/mo
CA FAIR Plan + DIC estimate, ~$9,000–$10,500/yr — wildfire-zone rates vary; not a bindable quote.
Down payment
20% ($919,000)
Home price
$4,595,000
Loan details
30-yr fixed, 6.5%
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