$400,000 Active
3147 Aspen Grove
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.
1.0 Baths
·
512 Sq Ft
Virtual Tour

About This Property

Aspen Grove is one of those spots at Northstar that just feels right — quiet, wooded, and close to everything without being in the middle of it all. This studio makes the most of every square foot with a Murphy-style wall bed and a fireplace that earns its keep on cold mountain nights. The private back deck looks out into the trees, and it's the kind of view you don't get tired of. Walk to the Village Gondola or the highly desired Northstar Recreation Center, where you'll find pools, spas, pickleball, tennis, and more. When summer rolls in, the Northstar Bike Park is practically at your doorstep. Whether you're looking for a personal escape, a smart investment, or simply a place to call yours in the mountains — this is your ideal Northstar basecamp for every season.

Listed by Lindsay Buchanan — Sierra Sotheby's Int - Rock

Listing Details

Status Active
MLS # 20261193
Days on Market 1
Price/Sq Ft $781

Property History

Jun 17, 2026
Listed for sale
$400,000
Property Overview
Baths 1.0
Sq. Ft. 512
Stories 1
Year Built 1973
Property Type Residential
Style Mountain
Subdivision Northstar
County Placer
STR Jurisdiction Placer County
APN 110-110-015-000
Parking
Parking Features None
Exterior & Lot
Lot Features Upslope,Gentle
View Wooded
Construction Framed,Wooded
Roof Metal
Foundation Perim Concrete
Utilities & Systems
Heating Natural Gas
Financial
HOA Fee $460
HOA / Community https://npoa.info/
HOA & Community
Community Amenities Pool,Tennis Courts,Golf,Down Hill Skiing,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% ($80,000)
Home price
$400,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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