$4,295,000 Pending
340 Elias Baldwin
Truckee, CA 96161

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✗ STR Not Allowed
Lahontan's HOA does not allow short-term rentals, even where the county would issue a permit.
5 Beds
·
6.5 Baths
·
5,936 Sq Ft
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Our data on this home

About This Property

Open most weekends. The Overlook Lodge: A Classic Tahoe Estate in the Heart of the Private Lahontan Golf Community, Truckee, California. Built in 2002 and spanning 5,936 square feet, this 5-bedroom, 6.5-bathroom estate is crafted for connection, celebration, and comfort. Located in a quiet, sun-drenched cul-de-sac within Truckee’s prestigious Lahontan Golf Community, The Overlook Lodge invites you to live with intention. Surrounded by pine-scented breezes, open skies, and sweeping views of Lookout Mountain and the 17th fairway, this mountain retreat was designed to elevate everyday living with enduring craftsmanship and thoughtful luxury. From the moment you arrive, the home’s presence is undeniable. Architectural stone pillars rise inside and out, blending into native landscaping and an alpine backdrop. Soaring timber beams and custom ironwork hint at the meticulous detail within. Inside, walnut hardwood floors stretch across the main level, softened by Sierra antique stone inlays and warmed by a hydroponic radiant floor heating system. The great room is anchored by a dramatic four-sided stone fireplace and a wall of picture windows that frame the surrounding mountain landscape, filling the home with natural light and a grounded sense of place. A chef’s kitchen offers commercial-grade KitchenAid appliances, multiple refrigerators, 2 dishwashers, a Viking range, solid granite counters, and a dedicated ice maker. Solid Alder cabinetry and an oversized island provide warmth and workspace, while a custom buffet and bar with a beverage fridge offer the perfect extension for effortless entertaining. A sunny breakfast nook adds comfort for everyday meals and morning coffee. Two large front-facing viewing decks offer sweeping views of Northstar and the High Sierras. The Lahontan Community Association offers ski shuttle services to Northstar. During the summer months, the shuttle service is available for other locations (downtown, lake airport) by request

Listed by MelindaTilly Mezger — Chase International - Trk

Listing Details

Status Pending
MLS # 20261529
Days on Market 98
Price/Sq Ft $724

Property History

Jul 22, 2026
Listed for sale
$4,295,000
Sep 17, 2026
Pending
$4,295,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Sep 2020 · via MLS history $2,995,000 — —

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 5
Baths 6.5
Sq. Ft. 5,936
Lot Size 0.50 acres
Year Built 2002
Property Type Single Family Residence
Style Old Tahoe
Subdivision Martis Valley
County Placer
STR Jurisdiction Placer County
APN 109240023000
Parking
Garage Spaces 2
Parking Features Two, Attached, Insulated, Garage Door Opener, Oversized
Attached Garage Yes
Exterior & Lot
Lot Features Street, Landscaped, Cul-De-Sac
View Panoramic, Mountain(s), Golf Course, Ski Resort
Construction Frame, Masonry, Wood Siding
Roof Composition, Metal
Utilities & Systems
Heating Natural Gas, Hydronic
Financial
HOA Fee $6,500 / Annually
HOA & Community
Community Amenities Pool, Tennis Court(s), Golf Course, Cross Country Skiing, Exercise Equipment
📊

STR Investment Analysis

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

STR Investment Analysis

Red Zone
STRUCTURAL SCORE Luxury
75
No revenue projection. This HOA does not allow short-term rentals.

STR Investment Summary — 340 Elias Baldwin, Truckee

No revenue projection. This HOA does not allow short-term rentals.
Structural Score: 75 / 100 (Luxury) · STR Zone: Red

Home Insurance Estimate

California FAIR Plan fire policy + a DIC wrap policy, the usual Tahoe setup

$13,300 – $15,500/yr
about $1,200/mo
Est. Rebuild Cost (Coverage A)
$3,264,800
FAIR Plan (fire)
$11,100/yr
DIC wrap (theft, water, liability)
$2,200 – $4,400/yr

Estimate from this ZIP's California FAIR Plan rates (Plan data as of 6/30/2026, with the 29.1% increase effective 10/15/2026) on an estimated rebuild cost, plus a DIC policy at 20–40% of the FAIR premium. Not a bindable quote; a local broker quote depends on the home's age, roof, defensible space and claims history.

See it in the monthly payment Tahoe wildfire insurance costs

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

$27,234 per month
Principal & interest
$21,718/mo
Property taxes
$3,774/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
$542/mo
From MLS listing data.
Home insurance
$1,200/mo
CA FAIR Plan + DIC estimate, ~$13,300–$15,500/yr — wildfire-zone rates vary; not a bindable quote.
Down payment
20% ($859,000)
Home price
$4,295,000
Loan details
30-yr fixed, 6.5%
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