$539,000 Active
2620 Mill Site Road
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

Some homes are purchased. Others are imagined long before they're built. Tucked within The Retreat at Northstar, an exclusive enclave of just 18 estate homesites, this one-acre property offers a rare opportunity to create a legacy mountain retreat in one of Tahoe's most private resort settings. Surrounded by towering pines with the potential for filtered mountain views, the gently rising homesite provides an exceptional balance of privacy, serenity, and effortless access to world-class recreation. Unlike much of Northstar, The Retreat was thoughtfully designed with expansive homesites that allow owners the space and flexibility to create truly custom residences. Historical development standards have allowed approximately 30% site coverage, making it possible to design a home approaching 8,000 square feet. Whether your vision is a contemporary alpine retreat or a timeless mountain lodge, this homesite offers the scale and setting to bring it to life. Life here extends well beyond your property line. A dedicated ski-back trail returns homeowners to The Retreat after a day on the mountain, while Northstar's complimentary shuttle provides convenient access to the Village's restaurants, shops, skiing, golf, mountain biking, and year-round events. Ownership also includes membership to the Northstar Property Owners Association, offering pools, tennis courts, fitness facilities, and recreation for every season. In a resort where buildable estate homesites of this size have become increasingly scarce, this is an opportunity to create something truly enduring; a home designed for generations of mountain memories, all within one of Northstar's most coveted neighborhoods.

Listed by Christopher Fajkos — Timber & Tide Realty Co

Listing Details

Status Active
MLS # 20261497
Days on Market 20

Property History

Jul 18, 2026
Listed for sale
$539,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Mar 2022 · county record $540,000 Deed record — brokerage sides not reported

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.

Property Overview
Lot Size 1.00 acres
Property Type UnimprovedLand
Subdivision Northstar
County Placer
STR Jurisdiction Placer County
APN 110650007000
Exterior & Lot
Lot Features Greenbelt
View Peek, Filtered, Panoramic, Trees/Woods, Mountain(s), Ski Resort
Financial
HOA Fee $1,700 / Annually
HOA & Community
Community Amenities Pool, Tennis Court(s), 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%

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% ($107,800)
Home price
$539,000
Loan details
30-yr fixed, 6.5%
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