$1,100,000 Active
19090 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

Set mid-mountain within the gates of M25, one of Northstar's most coveted enclaves, Homesite 10 offers a rare canvas for building in a winter paradise. Direct ski-in/ski-out access opens onto captivating views of Martis Valley, while the homesite's private setting affords a sense of quiet retreat amid a community of custom architecture. The location is as effortless as it is exclusive. Moments from the Ritz-Carlton, Lake Tahoe and the gondola to Northstar Village, with complimentary shuttle service connecting residents to the Village's dining, shopping, and entertainment, as well as to Mountainside's private amenities. Life here is further defined by resort-caliber offerings. From the Tree House recreation hub to the private clubhouse, pool, fitness facilities, sports courts, lounge, Yoga Studio, and Play Acre, resort-style living is complete. Mountainside Outfitters curates the experience further, with year-round outdoor programming for residents. Homesite 10 is an invitation to build a legacy home surrounded by the natural beauty of the Tahoe region, in a setting where architecture, lifestyle, and mountain seclusion converge.

Listed by Jennifer Pearsall Kobert — Tahoe Mountain Realty

Listing Details

Status Active
MLS # 20261509
Days on Market 1

Property History

Jul 20, 2026
Listed for sale
$1,100,000
Property Overview
Lot Size 0.88 acres
Property Type UnimprovedLand
Subdivision Northstar
County Placer
STR Jurisdiction Placer County
APN 110660010000
Exterior & Lot
Lot Features Ski Trail, Corners Marked
View Peek, Filtered, Panoramic, Trees/Woods, Ski Resort
Financial
HOA Fee $3,633 / Quarterly
HOA & Community
Community Amenities Pool, 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

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% ($220,000)
Home price
$1,100,000
Loan details
30-yr fixed, 6.5%
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