$1,350,000 Active
4001 Northstar Drive #310
Truckee, CA 96161

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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.
2 Beds
·
2.0 Baths
·
1,205 Sq Ft

Our data on this home

About This Property

A stunning, full remodel, and ideally positioned in Iron Horse South in the Village at Northstar, this exceptional 2-bedroom, 2-bath residence pairs contemporary luxury with an effortless mountain resort lifestyle. Sweeping views of Northstar’s ski terrain and the Village ice skating rink create an atmospheric backdrop, best enjoyed from the private deck after a day exploring the mountain. Remodeled from top to bottom with no expense spared, the residence now showcases completely updated bathrooms with TOTO Washlet bidet seats, new flooring throughout, bespoke designer finishes and fixtures, and an all new Lutron lighting system. A beautifully appointed kitchen anchors the residence through built-in custom cabinetry, luxury Cambria countertops, and newly updated KitchenAid appliances. A Cambria marble-surround gas fireplace and a smart thermostat add modern comfort plus convenience. Just a short walk to the Highlands Gondola, with an effortless gravitational return to Iron Horse South, this residence also offers heated underground parking, ground-level ski lockers, and fitness facilities for a premier village resort experience.

Listed by Tori Long — Carr Long Real Estate

Listing Details

Status Active
MLS # 20262122
Days on Market 1
Price/Sq Ft $1,120

Property History

Oct 14, 2026
Listed for sale
$1,350,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Jan 2025 $1,300,000 Lisa SmithCarr Long Real Estate Tori LongCarr 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 2
Baths 2.0
Sq. Ft. 1,205
Year Built 2007
Property Type Residential
Style Mountain
Subdivision Northstar
County Placer
STR Jurisdiction Placer County
APN 103080020
Parking
Parking Features None, Attached, Heated Garage
Attached Garage Yes
Exterior & Lot
Lot Features Condo/PUD Project, Rental History, Ski In/Ski Out
View Mountain(s), Ski Resort
Roof Composition, Metal
Pool & Spa
Pool Swimming Pool
Utilities & Systems
Heating Natural Gas
Cooling Air Conditioning
Financial
HOA Fee $1,633 / Monthly
HOA & Community
Community Amenities 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 Premium
63
PROJECTED GROSS ANNUAL REVENUE
$50K – $90K typically ~$70,000
~$5,833 per month
Avg Nightly
$516
Occupancy
37%
Cap Rate
2.0%

STR Investment Summary — 4001 Northstar Drive #310, Truckee

Est. Gross Annual Revenue
$50K – $90K
typically ~$70,000
Avg Nightly Rate
$516
Projected Occupancy
37.2%
Cap Rate
2.0%
Structural Score: 63 / 100 (Premium) · STR Zone: Green

Nightly rates and occupancy from Northstar / Martis Valley market data (122 comparable 2-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

$1,400 – $1,700/yr
about $129/mo
Est. Rebuild Cost (Coverage A)
$361,500
FAIR Plan (fire)
$1,200/yr
DIC wrap (theft, water, liability)
$200 – $500/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

Building Permit History

Placer County permit records for this parcel

1 expired permit
RESIDENTIAL: FULL REVIEW - Additions, ADU, Accessory Structures, Pools, Remodel, Demo, Generators, and Other · 2025-04-08
Construction Complete
Replace counter tops in kitchen and 2 baths. Replace all plumbing fixtures. Replace electrical in kitchen and baths.
Permit #BLD25-01881
Commercial - Full Review · 2006-02-28
DONE
TENANT: FARRAH RALE BEAD SHOP STE 2102 Contract Price: $50,000-
Permit #TCAA 120272.06
Commercial - Full Review · 2006-01-23
DONE
TI for East- West partners- Building H-octagon building Contract Price: $600,000-
Permit #TCAA 120176.06
Building-Non-SFD · 2006-01-20
EXPI
Exterior signage for Earthly Delights- Valuation- $5,000.00 Seismic- $1.05
Permit #TSUP 120170.06
Commercial - Full Review · 2005-11-10
DONE
TENANT: TRUE NORTH BLD J, STE 1111
Permit #TCAA 120035.05
Commercial - Full Review · 2005-09-26
DONE
EAST WEST RESORT IRON HORSE NORTH HOSPITALITY OFFICES Office TI BLDG J SUITE 1101 & 1103
Permit #TCAA 119825.05
Commercial - Full Review · 2005-09-15
DONE
EARTHLY DELIGHTS INTERIOR IMPROVEMENTS
Permit #TCAA 119770.05
Commercial - Full Review · 2005-08-26
DONE
BOOTH CREEK OFFICES TI
Permit #TCAA 119681.05
Commercial - Full Review · 2005-07-25
DONE
KIDS STORE TI RETAIL BLDG H STE 2104
Permit #TCAA 119508.05
Commercial - Full Review · 2005-07-25
DONE
LIFESTYLES TI RETAIL BLD H STE 2055
Permit #TCAA 119507.05
Commercial - Full Review · 2004-06-07
DONE
Temporary power for buildings
Permit #TCAA 117678.04

Public permit records from the Placer County permit portal, last checked 2026-10-15. Open permits should be finaled or closed before close of escrow; verify current permit status directly with the county.

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

$9,774 per month
Principal & interest
$6,826/mo
Property taxes
$1,186/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
$1,633/mo
From MLS listing data.
Home insurance
$129/mo
CA FAIR Plan + DIC estimate, ~$1,400–$1,700/yr — wildfire-zone rates vary; not a bindable quote.
Down payment
20% ($270,000)
Home price
$1,350,000
Loan details
30-yr fixed, 6.5%
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