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About This Property
New co-ownership opportunity: Own one-eighth of this professionally managed, turnkey home by Pacaso. Along Basque Drive in Truckee's Northstar community, Nestled Pines is a fully remodeled log cabin-style home with vaulted ceilings, a stone fireplace and Martis Valley views from the main living level. The three-level exterior has warm wood siding, a two-car garage and a deck that backs to a private green space. The open plan great room soars beneath vaulted ceilings, anchored by a stone fireplace and a wall of windows that frames the valley beyond. The kitchen has brown cabinetry, light stone countertops, a professional-grade gas range and a center island with breakfast bar seating. Two primary suites each have spa-caliber en suite baths, and two additional bedrooms complete the layout across three levels. The wooden deck and hot tub extend the living spaces into the mountain air, with the Martis Valley views as a backdrop. Northstar California Resort's ski terrain and trails are close, with the Northstar HOA's outdoor pools, tennis courts and fitness center available to owners. Lake Tahoe's beaches and hiking trails are a short drive away. Nestled Pines is fully designed, furnished and managed by Pacaso. Ownership here is effortless by design, with every detail handled well before owners arrive.
Listing Details
Property History
Sale History · changed hands 9×
| Sold | Price | Listing agent (sell side) | Buyer agent (buy side) |
|---|---|---|---|
| Aug 2020 · via MLS history | $1,135,000 | — | — |
| Feb 2022 · via MLS history | $2,300,000 (+103%) | — | — |
| Feb 2022 · via MLS history | $373,000 (-84%) | — | — |
| Mar 2022 · via MLS history | $373,000 | — | — |
| Jul 2022 · via MLS history | $373,000 | — | — |
| Jul 2023 · via MLS history | $399,000 (+7%) | — | — |
| Nov 2024 | $373,000 (-7%) | Erica BennettEngel & Volkers Truckee | Joseph MaehlerPacaso, Inc. |
| Jun 2025 · via MLS history | $349,000 (-6%) | — | — |
| Jun 2025 · via MLS history | $370,000 (+6%) | — | — |
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.
STR Investment Analysis
STR analysisBuilding Permit History
Placer County permit records for this parcel
Public permit records from the Placer County permit portal, last checked 2026-09-28. Open permits should be finaled or closed before close of escrow; verify current permit status directly with the county.
Cost Segregation Tax Savings
Estimated first-year bonus depreciation savings
