$1,650,000
4001 Northstar Drive #209
Truckee, CA 96161
This home was taken off the market. See 6 similar homes for sale in and around Truckee ↓

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✓ STR Allowed — No Permit Needed
Placer County lists Iron Horse as an approved condo-hotel (county list of March 16, 2026), so its units need no county STR permit. Check the building's own rental rules.
3 Beds
·
3.0 Baths
·
1,750 Sq Ft
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Our data on this home

About This Property

This is an incredible opportunity to own a piece of Northstar California, a year-round resort known for its epic first-class mountain experiences. Situated with ski-in/ski-out access in The Village at Northstar, this beautiful residence comes fully equipped as a turnkey home away from home in the mountains. With a master suite, junior master suite and a large bunk room, the spacious layout is perfect for big families or multiple families traveling together. This 3-bedroom is larger than most and has some of the best in-residence closet space and owner storage. Prepare chef inspired dinners in the exceptional kitchen and enjoy evenings together relaxing in the warmth of the great room fireplace. Owners and guests enjoy access to the ground-floor fitness center and hot tubs as well as year-round access to the Village Swim & Fitness Center. Amazing options for dining, entertainment, relaxation and shopping are all just steps away, and your vehicle will be happy and safe in the heated underground parking garage. Once you arrive in The Village at Northstar, there's no need to get back in your car until it's time to leave. Never worry about sitting in traffic, searching for parking or schlepping gear before or after a day on the slopes. Wake up in no rush, already there, with all of your gear warm, dry and ready to go in your private storage area. There's no better way to enjoy life on and off the mountain.

Listed by Mark DiGiacomo — Carr Long Real Estate

Listing Details

Status Withdrawn
MLS # 20260220
Days on Market 246
Price/Sq Ft $943

Property History

Feb 21, 2026
Listed for sale
$1,650,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Apr 2024 $1,650,000 Mark DiGiacomoCarr Long Real Estate Mark DiGiacomoCarr Long Real Estate

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. 1,750
Stories 1
Year Built 2005
Property Type Residential
Style Mountain
Subdivision Northstar
County Placer
STR Jurisdiction Placer County
APN 103-080-008
Parking
Parking Features One
Exterior & Lot
Exterior Features Phone,Cable TV,High Speed Internet,Hot Tub,Steam Shower,Ski In/Ski Out,Air Conditioning
Lot Features Level
View Mountain,Ski Resort
Roof Composition,Metal
Utilities & Systems
Heating Natural Gas,CFAH
Financial
HOA Fee $1,986
HOA & Community
Community Amenities Pool,Cross Country Skiing,Down Hill Skiing,Exercise Equipment,Other/See Remarks
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STR Investment Analysis

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

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Premium
68
PROJECTED GROSS ANNUAL REVENUE
$70K – $115K typically ~$95,000
~$7,917 per month
Avg Nightly
$700
Occupancy
37%
Cap Rate
2.3%

STR Investment Summary — 4001 Northstar Drive #209, Truckee

Est. Gross Annual Revenue
$70K – $115K
typically ~$95,000
Avg Nightly Rate
$700
Projected Occupancy
37.2%
Cap Rate
2.3%
Structural Score: 68 / 100 (Premium) · STR Zone: Green

Nightly rates and occupancy from Northstar / Martis Valley market data (145 comparable 3-bedroom rentals, 2026-10); 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.

Home Insurance Estimate

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

$2,200 – $2,500/yr
about $196/mo
Est. Rebuild Cost (Coverage A)
$525,000
FAIR Plan (fire)
$1,800/yr
DIC wrap (theft, water, liability)
$400 – $700/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

$10,155 per month
Principal & interest
$8,343/mo
Property taxes
$1,450/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
$166/mo
From MLS listing data.
Home insurance
$196/mo
CA FAIR Plan + DIC estimate, ~$2,200–$2,500/yr — wildfire-zone rates vary; not a bindable quote.
Down payment
20% ($330,000)
Home price
$1,650,000
Loan details
30-yr fixed, 6.5%
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