$3,225,000 $3,400,000 ↓ $175,000 reduced Active
1753 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
·
4,030 Sq Ft

Our data on this home

About This Property

A true Northstar legacy lodge, this exceptional Big Springs residence occupies a coveted, private cul-de-sac setting at the resort end of Grouse Ridge Road, pairing classic Northstar curb appeal with timeless mountain architecture and beautifully crafted interiors. Perhaps its most compelling feature is its private path connecting the back of the home to the resort’s expansive trail system. Inside, the grand and open main level is designed for gathering, centered around a stunning great room with massive exposed ceiling beams, a dramatic stone fireplace, and an open kitchen featuring an oversized island, dual stacked ovens, six-burner Viking range, breakfast nook, and adjacent dining area. Walls of windows and doors open to an expansive deck surrounded by enchanting forested views, creating an effortless connection to the outdoors. A luxurious main-level primary suite offers a peaceful retreat with a jetted soaking tub. The lower level expands the home’s versatility with a second living room and gas fireplace, private office, additional primary suite, and two en-suite bunk rooms, providing exceptional privacy and space for family and guests. Outside, a covered lower-level deck with dining area and hot tub leads via a stone staircase to a beautifully landscaped hardscape patio with fire pit. With its secluded setting, grand architecture, abundant indoor and outdoor gathering spaces, and unparalleled connection to skiing and year-round recreation, this is a quintessential Northstar mountain retreat designed to become a legacy property for generations to come.

Listed by Tori Long — Carr Long Real Estate

Listing Details

Status Active
MLS # 20261871
Days on Market 49
Price/Sq Ft $800

Property History

Sep 03, 2026
Listed for sale
$3,400,000
Oct 12, 2026
Price reduced
$3,225,000 $3,400,000 ↓ $175,000
Property Overview
Beds 4
Baths 4.5
Sq. Ft. 4,030
Year Built 2006
Property Type Single Family Residence
Style Mountain
Subdivision Northstar
County Placer
STR Jurisdiction Placer County
APN 110580013
Parking
Garage Spaces 2
Parking Features Two, Attached
Attached Garage Yes
Exterior & Lot
Lot Features Street, Ski In/Ski Out, Cul-De-Sac
View Filtered, Trees/Woods, Mountain(s)
Construction Frame, Masonry
Roof Composition
Foundation Concrete Perimeter
Utilities & Systems
Heating Natural Gas
Financial
HOA Fee $1,700 / Annually
HOA & Community
Community Amenities Pool, Tennis Court(s), 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

Yellow Zone
STRUCTURAL SCORE Premium
69
PROJECTED GROSS ANNUAL REVENUE
$105K – $145K typically ~$125,000
~$10,417 per month
Avg Nightly
$1070
Occupancy
32%
Cap Rate
1.5%

STR Investment Summary — 1753 Grouse Ridge Road, Truckee

Est. Gross Annual Revenue
$105K – $145K
typically ~$125,000
Avg Nightly Rate
$1070
Projected Occupancy
32.0%
Cap Rate
1.5%
Structural Score: 69 / 100 (Premium) · STR Zone: Yellow

Nightly rates and occupancy from Northstar / Martis Valley market data (83 comparable 4-bedroom rentals, 2026-10); seasonality from comparable Tahoe rentals. Gross of management, cleaning and platform fees. Assumes full-year availability, professional management and dynamic pricing; owner use reduces it. Estimates vary.

Home Insurance Estimate

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

$9,100 – $10,600/yr
about $821/mo
Est. Rebuild Cost (Coverage A)
$2,216,500
FAIR Plan (fire)
$7,600/yr
DIC wrap (theft, water, liability)
$1,500 – $3,000/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

$20,104 per month
Principal & interest
$16,307/mo
Property taxes
$2,834/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
$142/mo
From MLS listing data.
Home insurance
$821/mo
CA FAIR Plan + DIC estimate, ~$9,100–$10,600/yr — wildfire-zone rates vary; not a bindable quote.
Down payment
20% ($645,000)
Home price
$3,225,000
Loan details
30-yr fixed, 6.5%
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