$499,000 $525,000 ↓ $26,000 reduced Active Partial Ownership
Heads up: This listing is a partial ownership / fractional share — you would be buying a share of the property (not the whole home). Carefully review the listing details and any ownership documents before making an offer.
1723 Grouse Ridge Road
Truckee, CA 96161

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✓ STR Allowed — Permit Required
Placer County STR permit required. Eastern Placer cap of 3,900 permits (not reached) — new permits available until cap is reached.
4 Beds
·
4.5 Baths
·
4,141 Sq Ft
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About This Property

New co-ownership opportunity by Pacaso: Own one-eighth of this professionally managed, turnkey home. Pine View rises on Grouse Ridge Road in Truckee's Northstar community, a newly renovated timber-frame home with a log-style exterior, two-car garage and a private path to the village just ten minutes away. The soaring beamed ceilings, stone floors and warm wood surfaces that run throughout the interior give the home a genuine mountain lodge quality without sacrificing scale or comfort. The great room centers on a stone fireplace beneath the soaring beamed ceiling, with the kitchen alongside featuring wood cabinetry, a large island with sink, stainless steel appliances and a wall chimney range hood. The formal dining area has its own chandelier and fireplace, and doors open to the outdoor kitchen and deck for al fresco dining among the pines. The primary suite has a beamed ceiling, private balcony and an en suite bath with a soaking tub and dual vanity. A bunk room and two additional bedrooms with their own baths round out the upper level. The lower level has a media room with a fireplace and access to the ground-level patio and hot tub. Biking and hiking trails are accessible directly from the property, and Northstar California Resort's ski terrain, village shops and restaurants are a short walk away via the private community path. Pine View is fully designed, furnished and managed by Pacaso. The home is maintained and prepared before every stay, so owners arrive with nothing left to arrange.

Listed by Maxx Rifkin — Pacaso, Inc.

Listing Details

Status Active
MLS # 20260993
Days on Market 150
Price/Sq Ft $121

Property History

May 26, 2026
Listed for sale
$525,000
Oct 13, 2026
Price reduced
$499,000 $525,000 ↓ $26,000

Sale History · changed hands 5×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Jan 2022 · via MLS history $2,850,000 — —
Apr 2022 · via MLS history $499,000 (-82%) — —
Jun 2023 $520,000 (+4%) Joseph MaehlerPacaso, Inc. Joseph MaehlerPacaso, Inc.
May 2025 · via MLS history $460,000 (-12%) — —
Nov 2025 · via MLS history $499,000 (+8%) — —

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. 4,141
Year Built 1999
Property Type Timeshare
Style Mountain
Subdivision Northstar
County Placer
STR Jurisdiction Placer County
APN 110540003000
Parking
Garage Spaces 2
Parking Features Two, Attached
Attached Garage Yes
Exterior & Lot
Lot Features Street, Tennis Court
View Trees/Woods
Roof Composition
Utilities & Systems
Cooling Air Conditioning
HOA & Community
Community Amenities Pool, Tennis Court(s), Exercise Equipment
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STR Investment Analysis

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

STR Investment Analysis

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

$2,961 per month
Principal & interest
$2,523/mo
Property taxes
$438/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
$0/mo
From MLS listing data.
Home insurance
$0/mo
Timeshare or fractional share — no whole home to insure, so no insurance estimate.
Down payment
20% ($99,800)
Home price
$499,000
Loan details
30-yr fixed, 6.5%
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