About This Property
Here's a rare opportunity to own a premier Great Bear Lodge penthouse residence in the heart of the Village at Northstar — at a fraction of the cost. Perched above the iconic ice rink, this penthouse is considered the best-of-the-best among Village residences, offering an incredibly spacious and luxurious 2,780 square feet of beautifully designed living space. The 4-bedroom, 4.5-bathroom floor plan features private elevator access that delivers you directly into the home, creating a true sense of exclusivity. Designed for effortless mountain living, the residence boasts a full chef’s kitchen with Wolf and Subzero appliances, a wet bar, wine refrigerator, and ample seating for gathering with family and friends. Rich hardwood flooring, soaring ceilings, classic mountain furnishings, a cozy gas fireplace, and multiple patios create a warm and sophisticated retreat after a day of adventure. A private den with an iMac computer and a guest suite with two double beds ensure flexible, comfortable accommodations for all. Step onto the oversized, furnished terrace to take in stunning views of the skating rink, the Village, and the surrounding Sierra peaks. Whether you're carving first tracks at Northstar California Resort, hiking and biking through summer trails, or simply soaking in the vibrant Village atmosphere, every amenity is just steps from your door — including dining, shopping, movies, and gondola access. Ownership includes a comprehensive suite of premium amenities: direct slope access, secure heated underground parking, private storage, a heated outdoor pool, rejuvenating hot-tub spas, and a state-of-the-art fitness center. Additionally, owners enjoy exclusive privileges at Tahoe Mountain Club while in residence, featuring a private village lodge with ski valet, an enticing restaurant and bar, and an on-mountain dining retreat overlooking the Sierra Crest. This 1/8th share offers all the perks of full ownership without the year-round commitment, providing approximately six weeks of flexible, + unlimited generous usage when available annually, managed through a professionally operated rotating calendar. Quarterly dues cover HOA fees, property taxes, insurance, utilities, reserves for replacement, maintenance, Tahoe Mountain Club membership (when in residence), heated underground parking, and a private storage cage — creating a seamless, all-inclusive ownership experience. Unlike many fractional opportunities, this residence also allows you to rent out your reserved weeks to help offset carrying costs. Inquire for details on rental performance and gross income potential. Don't miss this incredible opportunity to create lasting mountain memories at a fraction of the cost. Experience elevated living in one of the Village at Northstar’s finest penthouse residences — where luxury, adventure, and effortless mountain lifestyle come together.
Listing Details
Property History
Sale History · changed hands 3×
| Sold | Price | Listing agent (sell side) | Buyer agent (buy side) |
|---|---|---|---|
| Apr 2021 · via MLS history | $175,000 | — | — |
| Apr 2022 · via MLS history | $180,000 (+3%) | — | — |
| Jun 2022 · via MLS history | $205,000 (+14%) | — | — |
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.
STR Investment Analysis
STR analysisBuilding Permit History
Placer County permit records for this parcel
Public permit records from the Placer County permit portal, last checked 2026-09-28. 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
