$4,250,000 Active
163 Bob Sherman
Truckee, CA 96161

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✗ STR Not Allowed
Lahontan's HOA does not allow short-term rentals, even where the county would issue a permit.
5 Beds
·
6.5 Baths
·
5,570 Sq Ft
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Our data on this home

About This Property

Lahontan living at its best! At the end of a quiet cul-de-sac in Lahontan, this 5-bedroom, 6.5-bath mountain residence sits on a private 0.73-acre homesite among towering pines, just a short walk to the driving range and the Lodge. Massive timber framing, hand-laid stone, and soaring vaulted ceilings reflect a level of craftsmanship that would be difficult to replicate today. The great room centers on a floor-to-ceiling stone fireplace and opens to a chef’s kitchen with a professional range and generous dining space. Off the dining room, a bar and billiards room is made for après-ski evenings. Three private en-suite guest bedrooms give visitors comfort and privacy and a separate game room offers its own gathering spot for après-ski evenings. Plus there is a fifth bedroom off the entry which works as a bunk room or a separate office. The primary suite occupies its own upper level, with vaulted ceilings, a gas fireplace, and a spa-style bath. Hydronic heat, multiple decks, a fire pit gathering area, and an attached three-car garage complete the home. Furnishings are negotiable for a turnkey second home. A rare chance to own a true timber-and-stone Lahontan home, built to a standard that’s hard to find today

Listed by Christy Morrison — Home and Slate Real Estate

Listing Details

Status Active
MLS # 20262177
Price/Sq Ft $763

Property History

Oct 28, 2026
Listed for sale
$4,250,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Jan 2021 · via MLS history $3,895,000 — —

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 5
Baths 6.5
Sq. Ft. 5,570
Lot Size 0.73 acres
Year Built 2002
Property Type Single Family Residence
Style Mountain
Subdivision Martis Valley
County Placer
STR Jurisdiction Placer County
APN 109150012000
Parking
Garage Spaces 3
Parking Features Three, Attached
Attached Garage Yes
Exterior & Lot
Lot Features On Golf Course, Cul-De-Sac
View Trees/Woods, Mountain(s), Golf Course
Roof Composition, Metal
Foundation Concrete Perimeter
Utilities & Systems
Heating Hydronic
Financial
HOA Fee $6,500 / Annually
HOA & Community
Community Amenities Pool, Tennis Court(s), Golf Course, 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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Avg Nightly
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Home Insurance Estimate

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

$12,500 – $14,600/yr
about $1,129/mo
Est. Rebuild Cost (Coverage A)
$3,063,500
FAIR Plan (fire)
$10,400/yr
DIC wrap (theft, water, liability)
$2,100 – $4,200/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

$26,895 per month
Principal & interest
$21,490/mo
Property taxes
$3,734/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
$1,129/mo
CA FAIR Plan + DIC estimate, ~$12,500–$14,600/yr — wildfire-zone rates vary; not a bindable quote.
Down payment
20% ($850,000)
Home price
$4,250,000
Loan details
30-yr fixed, 6.5%
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