$3,899,000
260 Laura Knight
Truckee, CA 96161
⚠ STR Permit Cap Reached
Town of Truckee STR permit cap has been reached. 1-year waiting period after purchase before you can apply. Verify current waitlist status before buying.
5 Beds
·
4.5 Baths
·
4,671 Sq Ft
Virtual Tour

About This Property

Iconic Mountain Retreat with World-Class Views! Perched on one of Lahontan’s most spectacular lots, 260 Laura Knight is a rare architectural gem with a Rustic Mid-Century feel is designed to frame breathtaking views of Northstar’s Lookout Mountain. This exquisite mountain estate—with a beautifully appointed guest house—offers the luxury, comfort, and privacy of a true Tahoe retreat, all while delivering a seamless blend of timeless elegance and modern mountain living. From the moment you arrive, custom interior mid-century craftsmanship and thoughtful mountain lodge exterior design greet you at every turn. Southern exposure and expansive windows draw in natural light, framing sweeping mountain views from nearly every room. The stunning great room, anchored by a grand granite fireplace, flows effortlessly into a sophisticated dining area and chef’s kitchen—perfect for entertaining or cozy nights in. The elegant primary suite is a private sanctuary, complete with a spa-inspired bath, a fireplace, and access to an outdoor living area. Additional spaces include a recreation room, family room, wine cellar, office, and a serene hot tub area, offering something for every lifestyle and moment. The guest house provides luxurious accommodations for visitors, with the same attention to detail and comfort. Outside, enjoy indoor-outdoor living at its finest—with multiple terraces, al fresco dining areas, and beautifully landscaped grounds that invite you to relax, entertain, and soak in the alpine beauty. Welcome home to your own Tahoe...

Listed by Scott Willers — Compass

Listing Details

Status Active
MLS # 20252427
Days on Market 148
Price/Sq Ft $835

Property History

Nov 05, 2025
Listed for sale
$3,899,000
Property Overview
Beds 5
Baths 4.5
Sq. Ft. 4,671
Lot Size 1.12 acres
Stories 2
Year Built 2002
Property Type Single Family Residence
Style Mountain
Subdivision Martis Valley
County Placer
STR Jurisdiction Town of Truckee
APN 109-240-006-000
Parking
Parking Features Two
Exterior & Lot
Exterior Features High Ceilings,Landscaping,Phone,Cable TV,High Speed Internet,Hot Tub,Wine Room
Lot Features Downslope,Gentle
View Filtered,Wooded,Mountain,Golf,Ski Resort
Construction Framed,Wooded
Roof Composition
Foundation Perim Concrete
Utilities & Systems
Heating Hydronic,Radiant,In Floor
Financial
HOA Fee $5,800
HOA & Community
Community Amenities Pool,Tennis Courts,Golf,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 — 260 Laura Knight, Truckee

Est. Annual Revenue
$145,782
Avg Nightly Rate
$1246
Projected Occupancy
32.0%
Cap Rate
1.5%
Structural Score: 65 / 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% ($779,800)
Home price
$3,899,000
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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