$390,000 Active
2301 Overlook 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.
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About This Property

Welcome to Big Springs, one of Northstar's premier neighborhoods. This professionally cleared and ready to build homesite offers a rare combination of ski access, privacy, and year-round recreation. No parking, no lift lines, simply walk up the street and catch the Timberline chairlift for an easy day on the slopes. When the snow melts, hiking and mountain biking trails are right outside your door. Surrounded by luxury homes, the property is bordered by a Northstar privacy lot, offering rare peace and seclusion. Enjoy access to the Northstar Recreation Center with year-round heated pools, hot tubs, fitness facilities, tennis, and pickleball, along with convenient shuttle service to The Village's dining, shopping, and activities. With no Mello-Roos and no private transfer fees, this is one of the most compelling opportunities available in Truckee today. Previously approved plans provide a valuable head start, saving time and expense with the flexibility to make the design your own.

Listed by Carolyn Gallagher — COMPASS

Listing Details

Status Active
MLS # 20261500
Days on Market 1

Property History

Jul 18, 2026
Listed for sale
$390,000
Property Overview
Lot Size 0.38 acres
Property Type UnimprovedLand
Subdivision Northstar
County Placer
STR Jurisdiction Placer County
APN 110630042
Exterior & Lot
Lot Features Ski Trail, Corners Marked, Cul-De-Sac
View Trees/Woods, Mountain(s), Golf Course, Ski Resort
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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% ($78,000)
Home price
$390,000
Loan details
30-yr fixed, 6.5%
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