$1,325,000
4001 Northstar Drive #202
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.
2 Beds
·
2.5 Baths
·
1,365 Sq Ft

About This Property

This bright, sun-filled two-bedroom residence in Iron Horse South blends comfort and convenience to create a truly effortless Northstar experience. With 1,365 square feet of welcoming living space, it offers plenty of room for family and friends to gather in a cozy Village setting, one that rewards you with a location that's hard to beat. Share a home-cooked meal by the glow of the fireplace insert, then wake up and be on the mountain within minutes, the Highlands Gondola sits just steps from your door. After a full day on the slopes, simply ski back to Iron Horse South and unwind. Soothe tired muscles in the on-site steam room or one of two hot tubs. Later, catch a movie at the Village Cinema, enjoy dinner at a favorite restaurant, or make memories at the Village ice-skating rink. Ownership at Iron Horse South delivers the full resort lifestyle. Here, premier in-house amenities meet unparalleled access to everything Northstar has to offer. It puts you in the center of the action so you can experience it all with ease.

Listed by Tori Long — Carr Long Real Estate

Listing Details

Status Active
MLS # 20252545
Days on Market 119
Price/Sq Ft $971

Property History

Dec 04, 2025
Listed for sale
$1,325,000
Property Overview
Beds 2
Baths 2.5
Sq. Ft. 1,365
Stories 1
Year Built 2005
Property Type Residential
Style Mountain
Subdivision Northstar
County Placer
STR Jurisdiction Town of Truckee
APN 103-080-002-000
Parking
Parking Features One
Exterior & Lot
Exterior Features Ski In/Ski Out
View Panoramic,Mountain,Ski Resort
Roof Composition
Foundation Perim Concrete
Utilities & Systems
Heating Natural Gas
Financial
HOA Fee $1,986
HOA & Community
Community Amenities Pool,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 — 4001 Northstar Drive #202, Truckee

Est. Annual Revenue
$34,458
Avg Nightly Rate
$264
Projected Occupancy
36.9%
Cap Rate
1.0%
Structural Score: 55 / 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% ($265,000)
Home price
$1,325,000
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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