$4,595,000
12237 Pete Alvertson Drive
Truckee, CA 96161
✗ 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
Virtual Tour

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.

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Status Withdrawn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 190
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
📊

STR Investment Analysis

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

STR Investment Analysis

STR analysis
STRUCTURAL SCORE —
—
PROJECTED GROSS ANNUAL REVENUE
—
~— per month
Avg Nightly
—
Occupancy
—
Cap Rate
—

Building Permit History

Placer County permit records for this parcel

1 open permit
RESIDENTIAL: FULL REVIEW - Additions, Accessory Structures, Pools, Demo, Generators, and Other · 2023-06-26
Expired
Provide and install a new automatic standby generator system
Permit #BLD23-03814
RESIDENTIAL: FULL REVIEW - Additions, Accessory Structures, Pools, Demo, Generators, and Other · 2023-03-10
Expired
The scope of work for this project +/- 701 Sq. Ft. Rec Room and bath addition above the existing garage and the removal of the existing stone patio and the installation of a new larger stone patio with stone screen walls, BBQ area, Spa, and Fire Pit, and a new Paver Auto Court with Snow Melt system and all accessories to provide a complete installation. The project will revegetate all disturbed areas. All new BMP's will be tied into the existing recently installed BMP's as required. Living area---------------------------------701 sf Uncovered Deck/Porch--------------1,329 sf
Permit #BLD23-01211
Residential > 3000 · 2012-06-06
DONE
SINGLE FAMILY DWELLING LIVING--------- 4,004sf GARAGE------ 844sf PORCH--------- 236sf FIRE SPRINKLERS INSPECTED BY TRUCKEE FIRE WUI REQUIRED GAS FIRE PIT P# 46244.12 2010 CODES STANDARD ATTIC VENTING SHT A.6 STRUCTURAL OBSERVATION REQUIRED DEFERRED SUBMITTAL: UNDERFLOOR VENTILATION 7-18-13 - Under floor ventilation plan approved. awc
Permit #0700 46240.12
Building-Non-SFD · 2012-06-06
OPEN
GAS FIREPIT
Permit #518943

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

$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%
Request a Tour

We'll contact you soon.

R
Real Estate Tahoe
Real Estate Agent

Send a Message