Sold $2,550,000 $2,390,000 Closed
1949 Gray Wolf
Truckee, CA 96161

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SOLD 2026-10-15
Sold for $2,550,000 (listed at $2,390,000)
4 Beds
·
3.5 Baths
·
3,268 Sq Ft
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About This Property

Set on a peaceful cul-de-sac in Northstar’s Big Springs neighborhood, this custom, ski-back mountain estate balances warm alpine craftsmanship with elevated luxury. Soaring timber-framed ceilings, rich hardwood floors, and expansive windows anchor the interior, creating light-filled spaces framed by sweeping views of the Carson Range. Designed for effortless hosting, the open-concept floor plan centers around a chef’s kitchen, formal dining space or converted media room, and an expansive great room. Three stone fireplaces are thoughtfully placed throughout the primary living spaces, providing cozy gathering points after a day on the slopes. Outside, extensive multi-level decking and stone patio areas create exceptional outdoor entertaining spaces, with a hot tub privately tucked among mature pines. The main residence features 4 bedrooms and 3.5 baths, with a primary suite on each level. Positioned above the 2-car detached garage, a versatile guest suite with a private full bath offers an ideal guest getaway, private office, or executive studio. The home features hydronic heating, air-conditioning, and a new roof. Complete with NPOA resort privileges, including door-to-ski shuttles, village access, golf, tennis, and recreation facilities, this property delivers an exceptional Northstar lifestyle.

Listed by Liza Killen — Tahoe Mountain Realty

Listing Details

Status Closed
MLS # 20261980
Sold Date 2026-10-15
Sold Price $2,550,000
Price/Sq Ft $731

Property History

Sep 18, 2026
Listed for sale
$2,390,000
Sep 26, 2026
Pending
$2,390,000
Sep 28, 2026
Relisted
$2,390,000
Oct 04, 2026
Pending
$2,390,000
Oct 15, 2026
Sold
$2,550,000

Sale History · changed hands 2×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Mar 2013 · county record $1,375,500 Deed record — brokerage sides not reported
Oct 2026 · this listing $2,550,000 (+85%) Liza KillenTahoe Mountain Realty —

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 3.5
Sq. Ft. 3,268
Lot Size 0.45 acres
Year Built 1999
Property Type Single Family Residence
Style Mountain
Subdivision Northstar
County Placer
STR Jurisdiction Placer County
APN 110570016000
Parking
Garage Spaces 2
Parking Features Two, Detached
Attached Garage Yes
Exterior & Lot
Lot Features Street, Rental History, Ski In/Ski Out
View Mountain(s), Ski Resort
Construction Frame
Roof Composition, Metal
Foundation Concrete Perimeter
Financial
HOA Fee $1,700 / Annually
HOA & Community
Community Amenities Pool, Tennis Court(s), Golf Course, Cross Country Skiing, Down Hill Skiing, Exercise Equipment

STR Investment Summary — 1949 Gray Wolf, Truckee

Est. Gross Annual Revenue
$105K – $150K
typically ~$130,000
Avg Nightly Rate
$957
Projected Occupancy
37.2%
Cap Rate
2.2%
Structural Score: 77 / 100 (Luxury) · 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

$7,300 – $8,500/yr
about $658/mo
Est. Rebuild Cost (Coverage A)
$1,797,400
FAIR Plan (fire)
$6,100/yr
DIC wrap (theft, water, liability)
$1,200 – $2,400/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

Building Permit History

Placer County permit records for this parcel

Residential - Full Review
DONE
Permit #TCON M98514

Public permit records from the Placer County permit portal, last checked 2026-09-29. Open permits should be finaled or closed before close of escrow; verify current permit status directly with the county.

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