$1,100,000 Active
1313 Indian Hills
Truckee, CA 96161
✓ STR Allowed — Permit Required
Placer County STR permit required. County-wide cap of 3,900 permits — new permits available until cap is reached.
3 Beds
·
2.0 Baths
·
1,296 Sq Ft
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About This Property

Nestled among the pines in Northstar, this beautifully updated mountain home offers a light, bright, and welcoming retreat with timeless finishes and an ideal floor plan. Soaring vaulted ceilings and an abundance of windows fill the home with natural light, while the open-concept living, dining, and kitchen areas create an inviting space for entertaining or relaxing after a day on the mountain. The thoughtfully remodeled kitchen features granite countertops, custom wood cabinetry, ample workspace, and pendant and LED lighting. The main level includes two comfortable guest bedrooms and a shared full bath, providing convenient single-level living for family and guests. Upstairs, you’ll find a private primary suite a full bath, along with a spacious loft that’s perfect as a home office, media room, or additional sleeping area. Step outside to the generous deck, where you’ll enjoy peaceful forest surroundings and plenty of space for outdoor dining, entertaining, or simply taking in the fresh mountain air. Move-in ready and meticulously maintained, this home blends modern updates with classic mountain style in one of Northstar’s most desirable neighborhoods. Ownership includes access to the Northstar Property Owners Association Recreation Center, featuring swimming pools, hot tubs, fitness facilities, tennis, pickleball, and year-round activities. A convenient shuttle service provides easy transportation to Northstar Village, the Recreation Center, and select special events in downtown Truckee. Annual NPOA dues are approximately $1,700. Whether you’re searching for a full-time residence, vacation home, or mountain getaway, this exceptional property offers the perfect balance of comfort, convenience, and the Northstar lifestyle.

Listed by Lisa Smith — Carr Long Real Estate

Listing Details

Status Active
MLS # 20261570
Price/Sq Ft $849

Property History

Jul 29, 2026
Listed for sale
$1,100,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Jan 1990 · county record $170,000 Deed record — brokerage sides not reported

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.

Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,296
Year Built 1973
Property Type Single Family Residence
Style Mountain
Subdivision Northstar
County Placer
STR Jurisdiction Placer County
APN 110 200 017 000
Parking
Parking Features None
Exterior & Lot
Lot Features Greenbelt
View Trees/Woods
Roof Composition
Utilities & Systems
Heating Natural Gas
Financial
HOA Fee $1,700 / Annually
HOA & Community
Community Amenities Pool, Tennis Court(s), Golf Course, Cross Country Skiing, Down Hill Skiing, 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 — 1313 Indian Hills, Truckee

Est. Annual Revenue
$36,791
Avg Nightly Rate
$190
Projected Occupancy
53.2%
Cap Rate
1.3%
Structural Score: 53 / 100 (Standard) · STR Zone: Yellow

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
From MLS listing data.
Home insurance
$0
Insurance estimate only — Tahoe wildfire-zone rates vary; get a local broker quote for accuracy.
Down payment
20% ($220,000)
Home price
$1,100,000
Loan details
30-yr fixed, 6.5%
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