$1,250,000 Active
19080 Glades Place
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.

About This Property

Tucked away mid-mountain within the gate of M25 at Mountainside, this exceptional ski-in/ski-out homesite presents a rare opportunity to build in one of Northstar's most sought-after communities. Homesite #9 is a premier downslope parcel, ideally positioned above neighboring properties to capture expansive, long-range mountain views while offering direct access to world-class skiing. Located just moments from the Ritz-Carlton, Lake Tahoe and the gondola to the Village, the property offers the convenience of complimentary shuttle service to the hotel, gondola, and Mountainside's private amenities. Residents enjoy exclusive access to the Tree House recreation hub, the Yoga Studio, and Play Acre, along with year-round outdoor experiences curated by Mountainside Outfitters.

Listed by Nathan Riedel — Engel & Volkers Truckee

Listing Details

Status Active
MLS # 20261337
Days on Market 1

Property History

Jul 01, 2026
Listed for sale
$1,250,000
Property Overview
Lot Size 0.85 acres
Property Type UnimprovedLand
Subdivision Northstar
County Placer
STR Jurisdiction Placer County
APN 110660009
Exterior & Lot
Lot Features Ski Trail
View Peek, Filtered, Panoramic, Trees/Woods, Mountain(s), Ski Resort
Financial
HOA Fee $1,450 / Monthly
HOA & Community
Community Amenities Pool, Tennis Court(s), 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%

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% ($250,000)
Home price
$1,250,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC
(530) 317-0373

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