$1,350,000 $1,498,000 ↓ $148,000 reduced Active
265 Basque
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.
3 Beds
·
3.0 Baths
·
1,601 Sq Ft

About This Property

Tucked away on the quiet cul-de-sac end of Basque within the heart of Northstar, 265 Basque presents a welcoming mountain retreat designed for comfort, light, and year-round enjoyment. Spanning 1,600 square feet, the home offers three well-appointed bedrooms, including a convenient main-level bedroom and two spacious upstairs suites—each with its own en-suite bath for privacy and ease. The living spaces are filled with natural light, creating a warm and inviting atmosphere throughout the home. A generous front deck provides the perfect setting for morning coffee, après-ski gatherings, or simply taking in the peaceful alpine surroundings. Thoughtful features such as heated bathroom floors, Toto toilets, and a deep jetted soaking tub add an extra layer of comfort and quality. Practicality meets mountain living with a flat driveway attached, with multiple parking spaces plus a one-car attached garage—rare and appreciated features during the winter months. From this quiet setting, residents also enjoy convenient year-round access to the Northstar shuttle, offering effortless transportation to the ski mountain, The Village at Northstar, and the amenities of the NPOA Recreation Center, not to mention miles of hiking and biking on the Tompkins Memorial Trail. The result is a home that balances tranquility with easy access to everything that makes Northstar a beloved four-season destination.

Listed by Lisa Smith — Carr Long Real Estate

Listing Details

Status Active
MLS # 20260279
Days on Market 206
Price/Sq Ft $843

Property History

Mar 06, 2026
Listed for sale
$1,498,000
Aug 06, 2026
Price reduced
$1,450,000 $1,498,000 ↓ $48,000
Sep 23, 2026
Price reduced
$1,350,000 $1,450,000 ↓ $100,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Nov 2012 · county record $525,000 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; 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. 1,601
Year Built 1988
Property Type Single Family Residence
Style Chalet
Subdivision Northstar
County Placer
STR Jurisdiction Placer County
APN 110480065000
Parking
Garage Spaces 1
Parking Features One, Attached, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Lot Features Street
View Trees/Woods, Ski Resort
Utilities & Systems
Heating Natural Gas, In Floor
Financial
HOA Fee $1,700 / Annually
HOA & Community
Community Amenities Pool, Tennis Court(s), Golf Course, Cross Country Skiing, Down Hill Skiing, Exercise Equipment
📊

STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Yellow Zone
STRUCTURAL SCORE Premium
70
PROJECTED GROSS ANNUAL REVENUE
$60K – $85K typically ~$75,000
~$6,250 per month
Avg Nightly
$552
Occupancy
37%
Cap Rate
2.3%

STR Investment Summary — 265 Basque, Truckee

Est. Gross Annual Revenue
$60K – $85K
typically ~$75,000
Avg Nightly Rate
$552
Projected Occupancy
37.2%
Cap Rate
2.3%
Structural Score: 70 / 100 (Premium) · STR Zone: Yellow

Nightly rates and occupancy from Northstar / Martis Valley market data (145 comparable 3-bedroom rentals, 2026-08); 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.

Building Permit History

Placer County permit records for this parcel

3 expired permits
RESIDENTIAL: LIMITED REVIEW - Electrical, Mechanical, Plumbing, Roof Solar, etc · 2026-04-28
Construction Complete
NG FAU CHANGE OUT 70K BTUS. USE EXISTING ELECTRICAL & DUCTWORK. NEW / REPLACEMENT: Replace Existing # OF SYSTEMS: null DUCT AFFECTED: 0 SYSTEM TYPE: Split System
Permit #BLD26-02664
RESIDENTIAL: FULL REVIEW - Additions, Accessory Structures, Pools, Demo, Generators, and Other · 2024-03-20
Expired
Converting existing deck into the living room extension, adding a new 2-car garage and adding a master bedroom above existing garage.
Permit #BLD24-01340
RESIDENTIAL: LIMITED REVIEW - Electrical, Mechanical, Plumbing, Roof Solar, etc · 2023-04-24
Expired
Tear off existing roof and install ice and water HT on entire roof with one layer of versa shield on entire roof and install standing seam metal panels.
Permit #BLD23-02255
Building-Residential Other · 2014-07-03
Expired
Remodel bathroom to create 2 bathrooms Remodel--------------------112sf SB407 is reqd.
Permit #BLD14-00729
Building/Residential/Full Review/NA
DONE
Permit #TCON 56087
Building/Residential/Full Review/NA
DONE
Permit #TCON P115345
Building/Residential/Full Review/NA
DONE
Permit #TCON 56087-4
Building/Residential/Full Review/NA
DONE
Permit #TCON 56633-3
Building/Residential/Full Review/NA
DONE
Permit #TCON 56087-3
Building/Residential/Full Review/NA
DONE
Permit #TCON 56633-4
Building/Residential/Full Review/NA
DONE
Permit #TCON 56633-5
Building/Residential/Full Review/NA
DONE
Permit #TCON 56087-5
Building/Residential/Full Review/NA
DONE
Permit #TCON 56087-2
Building/Residential/Full Review/NA
DONE
Permit #TCON 56633-6
Building/Residential/Full Review/NA
DONE
Permit #TCON 56633-2
Building/Residential/Full Review/NA
DONE
Permit #TCON 56087-1
Building/Residential/Full Review/NA
DONE
Permit #TCON 56633
Building/Residential/Full Review/NA
DONE
Permit #TCON 56087-6
Building/Residential/Full Review/NA
DONE
Permit #TCON 56633-1

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

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

$8,800 per month
Principal & interest
$6,826/mo
Property taxes
$1,186/mo
1.0544% of the price, Truckee's 2025-26 rate, plus direct charges: California re-assesses a home at its sale price.
HOA dues
$142/mo
From MLS listing data.
Home insurance
$646/mo
CA FAIR Plan + DIC estimate, ~$6,500–$9,000/yr — wildfire-zone rates vary; not a bindable quote.
Down payment
20% ($270,000)
Home price
$1,350,000
Loan details
30-yr fixed, 6.5%
Request a Tour

We'll contact you soon.

R
Real Estate Tahoe
Real Estate Agent

Send a Message