$7,950,000 Active
19505 Glades Court
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.
10 Beds
·
11.5 Baths
·
10,676 Sq Ft

About This Property

Welcome to Blue Mountain Majesty, a peerless multigenerational mountain home combining master craftsmanship and lavish accommodation, boasting arguably the best ski-in/ski-out access in ALL of Tahoe. Positioned within the exclusive 25-home M25 enclave, this one-of-a-kind home offers unparalleled ski-in/ski-out access to Northstar's world-class terrain with two ski trails running through the backyard, stunning mountain vistas, a highly-curated amenity package that pampers with rarified experiences, and immense income potential. Designed for both grand-scale gatherings and joyful retreats with family and friends, Blue Mountain Majesty is built to host the most discerning guests in absolute comfort and style. Whether you're organizing a multi-family holiday with grandparents and kids, a celebration for the ages, or an unforgettable getaway with your closest friends and colleagues, this home comes equipped with a versatility of space to help create indelible memories no matter the occasion. The 10 spacious bedrooms ensure peace and privacy for every guest, while the open chef's kitchen, complete with butler's pantry, double refrigerators, dual dishwashers, and a double oven, allows for seamless meal preparation regardless of scale. The expansive dining area, soaring 20-foot ceilings in the great room, and a massive deck with two hot tubs plus a sleek outdoor lounge provide an amalgam of opportunity to gather and connect with those you hold most dear. Entertainment is integral to this home experience with a dedicated floor fully outfitted with a pool table, foosball, shuffleboard, bar area, and an 80-inch TV, ensuring the big game is never missed. The built-in Sonos speaker system, with integrated ceiling speakers, fills the home with crystal-clear sound, creating the perfect soundtrack for every occasion. The integrative outdoor spaces are beyond impressive, featuring two separate living areas. The outdoor lounge and large stone patio showcase each its own respective fireplace and pit with overhead heaters installed above in the lounge, offering year-round warmth and comfort. These spaces connect seamlessly with the grandeur of the surrounding wilderness, creating a private and majestic natural setting that will be yours alone. There's also an outdoor dining area just steps from the kitchen. After a morning spent making fresh tracks, ski right up to your prepared lunch to refuel for the remainder of that day's epic adventure. Any time of year unwind with a book in the great room warmed by the grand stone fireplace or head out to the patio, ignite the fire pit, and gaze up at the stars above. For those seeking a spa-like experience, the two 8-person outdoor hot tubs provide the perfect way to relax after a day of adventure on Northstar’s terrain while the oversized steam shower offers additional relief. At the heart of the Mountainside community stands the Treehouse, a private recreational hub that serves as the neighborhood's social touchpoint, offering a welcoming, family-friendly setting with exceptional amenities. Residents can take advantage of a concierge team of expert Outfitters, along with a fitness room, game room, dining lounge, and an outdoor pool and hot tub designed for year-round enjoyment. The surrounding grounds elevate the experience with a bocce ball court, wood-fired pizza oven, and outdoor kitchen ideal for gathering with friends and neighbors, while a nearby yoga studio adds yet another layer of wellness. And just steps away, The Ritz-Carlton, Lake Tahoe, the only AAA 5-Diamond/Forbes 4-Star hotel in Tahoe, stands to further enhance this elevated lifestyle with spa retreats at the Highlands Spa and several top-tier dining options. In every way, Blue Mountain Majesty is more than just a home, it is your gateway to an exceptional and altogether unique mountain lifestyle guaranteed to build memories and elicit the best of times for generations to come. Schedule your private tour today!

Listed by Tori Long — Carr Long Real Estate

Listing Details

Status Active
MLS # 20260608
Price/Sq Ft $745

Property History

Apr 22, 2026
Listed for sale
$7,950,000
Property Overview
Beds 10
Baths 11.5
Sq. Ft. 10,676
Lot Size 1.36 acres
Stories 3
Year Built 2019
Property Type Single Family Residence
Style Mountain
Subdivision Northstar
County Placer
STR Jurisdiction Town of Truckee
APN 110-660-031-000
Parking
Parking Features Three
Exterior & Lot
Exterior Features Pantry,High Ceilings,Rental History,Hot Tub,Steam Shower,Wine Room,Ski In/Ski Out,Air Conditioning
Lot Features Upslope
View Mountain,Ski Resort
Construction Framed
Roof Composition
Foundation Perim Concrete
Utilities & Systems
Heating Natural Gas
Financial
HOA Fee $1,454
HOA / Community owners.eastwest.com
HOA & Community
Community Amenities Pool,Tennis Courts,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%

STR Investment Summary — 19505 Glades Court, Truckee

Est. Annual Revenue
$157,123
Avg Nightly Rate
$2213
Projected Occupancy
19.5%
Cap Rate
0.8%
Structural Score: 63 / 100 (Premium) · STR Zone: Green

Based on comparable vacation rental performance data for Truckee. Revenue projections are estimates and may vary.

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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($1,590,000)
Home price
$7,950,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Real Estate Agent
License #CA 02235314

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