$1,495,000 Active
1623 Deer Path
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.
4 Beds
·
3.0 Baths
·
2,308 Sq Ft

About This Property

Tucked along a quiet street at Northstar and backing onto open space, this well-maintained four-bedroom, three-bath home offers room to gather, host, and enjoy the mountains in every season. Vaulted ceilings create an open, airy feel, while the well-proportioned kitchen provides a natural gathering place for family and friends. An additional room offers flexibility for an office, media room, playroom, or extra sleeping space, and a dedicated mudroom keeps Tahoe gear organized. A large back deck opens directly to the peaceful open-space setting, creating an inviting place for outdoor dining, entertaining, or simply enjoying the mountain surroundings. In winter, step off the deck for sledding and snow play, then unwind in the new hot tub. Recent improvements include a new roof, new furnace, radiant heat in most bathrooms, and an EV charger in the oversized two-car garage. Northstar shuttle access makes it easy to leave the car at home and enjoy skiing, ice skating, cross-country trails, restaurants, shopping, pools, fitness facilities, and year-round events. A peaceful mountain setting with the space to comfortably welcome guests and easy access to everything that makes Northstar special.

Listed by Gregory Righellis — Tahoe Mountain Realty

Listing Details

Status Active
MLS # 20261703
Price/Sq Ft $648

Property History

Aug 14, 2026
Listed for sale
$1,495,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Oct 2019 · county record $925,000 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 4
Baths 3.0
Sq. Ft. 2,308
Year Built 1979
Property Type Single Family Residence
Style Mountain
Subdivision Northstar
County Placer
STR Jurisdiction Placer County
APN 110240017000
Parking
Garage Spaces 2
Parking Features Two, Attached, Oversized
Attached Garage Yes
Exterior & Lot
Lot Features Greenbelt
View Trees/Woods
Construction Frame
Roof Composition
Foundation Concrete Perimeter
Utilities & Systems
Heating Natural Gas, Radiant
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 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 — 1623 Deer Path, Truckee

Est. Annual Revenue
$50,785
Avg Nightly Rate
$290
Projected Occupancy
47.9%
Cap Rate
1.4%
Structural Score: 71 / 100 (Premium) · 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% ($299,000)
Home price
$1,495,000
Loan details
30-yr fixed, 6.5%
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