Sold $890,000 $949,000 Closed
229 Basque
Truckee, CA 96161

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SOLD 2025-12-31
Sold for $890,000 (listed at $949,000)
3 Beds
·
3.0 Baths
·
1,612 Sq Ft
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About This Property

Here's an opportunity to own a single-family home within a premier ski resort—at a price point that’s hard to find in Northstar. 229 Basque delivers incredible value with 3 bedrooms, 3 bathrooms, and thoughtful design that maximizes both space and functionality. You’ll find generous storage throughout, including roomy closets and two large basement areas—perfect for gear and seasonal items. What sets this home apart is not just the price, but what comes with it. Northstar’s on-demand shuttle picks you up at your driveway and takes you straight to the lifts or the Village, where you can enjoy shopping, dining, and even ice skating—all without having to move your car. In addition, as a Northstar homeowner, you'll have access to the Northstar Property Owners’ Recreation Center—featuring a year-round heated lap pool, spas, fitness center, tennis courts, a kids’ splash pool, game room, and seasonal poolside snack bar. Inside, the home has a relaxed mountain feel with Scandinavian-style wood walls, exposed beams, a classic stone fireplace, and serene views of the surrounding peaks. It’s the kind of place that invites you to slow down, recharge, and enjoy all that Tahoe living has to offer. Whether you're looking for a smart investment, a weekend getaway at an affordable price with low carrying costs, or your own full-time escape, 229 Basque delivers big on the mountain lifestyle with immediate outdoor access to trails, convenience, and long-term value.

Listed by Justin Swett — Tahoe Mountain Realty

Listing Details

Status Closed
MLS # 20250397
Sold Date 2025-12-31
Sold Price $890,000
Price/Sq Ft $589

Property History

Mar 22, 2025
Listed for sale
$949,000
Current
Sold
$890,000

Sale History · changed hands 2×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Aug 2021 · via MLS history $875,000 — —
Dec 2025 · this listing $890,000 (+2%) Justin SwettTahoe 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 3
Baths 3.0
Sq. Ft. 1,612
Lot Size 0.30 acres
Year Built 1979
Property Type Single Family Residence
Style Mountain
Subdivision Northstar
County Placer
STR Jurisdiction Placer County
APN 11039003100
Parking
Parking Features None
Exterior & Lot
Lot Features Street
View Filtered, Panoramic, Mountain(s), Meadow
Construction Frame
Roof Metal
Foundation Concrete Perimeter
Utilities & Systems
Heating Natural Gas, CFAH
Financial
HOA Fee $1,700 / Annually
HOA & Community
Community Amenities Pool, Tennis Court(s), Exercise Equipment

STR Investment Summary — 229 Basque, Truckee

Est. Gross Annual Revenue
$30K – $70K
typically ~$50,000
Avg Nightly Rate
$368
Projected Occupancy
37.2%
Cap Rate
2.1%
Structural Score: 44 / 100 (Standard) · STR Zone: Yellow

Nightly rates and occupancy from Northstar / Martis Valley market data (145 comparable 3-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

$2,800 – $3,200/yr
about $250/mo
Est. Rebuild Cost (Coverage A)
$677,040
FAIR Plan (fire)
$2,300/yr
DIC wrap (theft, water, liability)
$500 – $900/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
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