Sold $1,280,000 $1,399,000 Closed
7001 Northstar Drive #507
Truckee, CA 96161

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SOLD 2026-03-31
Sold for $1,280,000 (listed at $1,399,000)
2 Beds
·
2.5 Baths
·
1,356 Sq Ft
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About This Property

Not rented and available, this beautiful, penthouse condominium in Northstar Village's "Big Horn" building is easy to view. Gourmet kitchen with hardwood cabinetry, granite slab counter tops, stainless steel appliances, copious storage, and Breakfast bar seating for 5+. Two en-suite bedrooms and the spacious living room offer expansive views of the Village, Gondola, and ski-back trail. An additional powder-room provides even more comfort. There's ski locker storage at the lobby level to keep things clean and safe, plus additional, secure owner storage in the basement level for more storage options. Beautifully re-painted last summer, this lovely residence offers a great vacation/investment opportunity for lovers of Northstar.

Listed by Samuel Drury — COMPASS

Listing Details

Status Closed
MLS # 20251886
Sold Date 2026-03-31
Sold Price $1,280,000
Price/Sq Ft $1,032

Property History

Aug 18, 2025
Listed for sale
$1,425,000
Current
Sold
$1,280,000
Property Overview
Beds 2
Baths 2.5
Sq. Ft. 1,356
Year Built 2007
Property Type Residential
Style Mountain
Subdivision Northstar
County Placer
STR Jurisdiction Placer County
APN 103130007000
Parking
Garage Spaces 1
Parking Features One, Attached, Heated Garage, Oversized
Attached Garage Yes
Exterior & Lot
Lot Features Condo/PUD Project
View Mountain(s), Ski Resort
Construction Frame, Steel Siding
Roof Composition
Foundation Concrete Perimeter, Slab
Utilities & Systems
Heating Natural Gas, CFAH
Financial
HOA Fee $1,670 / Monthly
HOA & Community
Community Amenities Pool, Exercise Equipment

STR Investment Summary — 7001 Northstar Drive #507, Truckee

Est. Gross Annual Revenue
$45K – $80K
typically ~$60,000
Avg Nightly Rate
$442
Projected Occupancy
37.2%
Cap Rate
1.8%
Structural Score: 58 / 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

$1,700 – $2,000/yr
about $154/mo
Est. Rebuild Cost (Coverage A)
$406,800
FAIR Plan (fire)
$1,400/yr
DIC wrap (theft, water, liability)
$300 – $600/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
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