$1,325,000
4001 Northstar Drive #510
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
·
2.0 Baths
·
1,215 Sq Ft
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About This Property

Experience one of the most sought-after residences in the Village at Northstar. This premier top-floor, two-bedroom retreat offers vaulted ceilings, expansive windows, and an airy layout that captures natural light throughout the day. With fresh, design-forward renovations including new luxury hardwood-like flooring and a beautifully refreshed interior, the space now exudes a contemporary elegance that feels both vibrant and inviting. This condo’s southwest orientation delivers a rare combination of views: an engaging perspective on the Village below paired with peaceful, forested mountain vistas beyond. It’s a setting that feels alive yet grounding, perfect for unwinding after a day on the slopes. Impeccably maintained and lovingly cared for since 2006, the condo is fully furnished and turn-key, allowing you to step effortlessly into the Northstar lifestyle. Situated in a prime location within the Village, the residence is just a short stroll to the main gondola, and you can ski directly back to the building at the end of the day. Underground parking provides seamless convenience, keeping your arrival and departure easy in every season. With world-class skiing, boutique shops, elevated dining, and inviting hot tubs all just moments away, this condo places you at the heart of Northstar’s most exceptional offerings.

Listed by Gregory Righellis — Tahoe Mountain Realty

Listing Details

Status Active
MLS # 20252568
Days on Market 113
Price/Sq Ft $1,091

Property History

Dec 10, 2025
Listed for sale
$1,325,000
Property Overview
Beds 2
Baths 2.0
Sq. Ft. 1,215
Stories 1
Property Type Residential
Style Mountain
Subdivision Northstar
County Placer
STR Jurisdiction Town of Truckee
APN 103090021
Parking
Parking Features One
Exterior & Lot
Exterior Features High Ceilings,Swimming Pool,High Speed Internet,Hot Tub,Air Conditioning
Lot Features Level
View Panoramic,Mountain,Ski Resort
Utilities & Systems
Heating Natural Gas
Financial
HOA Fee $1,633
HOA & Community
Community Amenities Pool,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%

STR Investment Summary — 4001 Northstar Drive #510, Truckee

Est. Annual Revenue
$35,324
Avg Nightly Rate
$242
Projected Occupancy
40.4%
Cap Rate
1.1%
Structural Score: 54 / 100 (Standard) · 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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