$2,325,000 $2,525,000 ↓ $200,000 reduced Active
7401 Larkspur Lane
Truckee, CA 96161
✓ STR Allowed — Permit Required
Placer County STR permit required. County-wide cap of 3,900 permits — new permits available until cap is reached.
📋 STR Permit on File
Placer County's public short-term-rental registry shows a permit on file for this home. Permits never transfer with a sale — a buyer applies for their own.
4 Beds
·
4.5 Baths
·
2,677 Sq Ft

About This Property

Experience the ease and energy of life through ownership in Village Walk at Northstar, where mornings begin with a short stroll to the Village and gondolas, and evenings end in the comfort of your own private mountain retreat. Perfectly positioned close to the action yet tucked into a quiet and gated enclave, this well-appointed townhome delivers the best of both worlds. From the moment you arrive the home sets a welcoming tone. A functional entryway mudroom makes ski days seamless, while the garage, conveniently located just off the main level, adds everyday practicality. Built with solid construction and quality finishes throughout, the residence offers a sense of durability and refinement that stands out. The open main-level floorplan is designed for gathering. A full Viking appliance package, including a 6-burner range and wine cooler, anchors the kitchen, flowing effortlessly into the dining and living spaces. The great room offers a warm, cozy vibe with vaulted ceilings, filtered mountain views through mature trees, and a deck just off the living area for fresh alpine air. A gas insert fireplace with built-in speakers set into its slate casing creates the perfect apres ambiance. Upstairs, the top-floor primary suite provides exceptional privacy. Enjoy a peaceful deck for morning coffee, a luxurious bath with a soaking tub and separate shower stall, and a generous walk-in closet, your own quiet escape after a day outdoors. The lower level is designed for entertaining. A bar area, bunk room, and direct access to the outdoor patio create an ideal space for hosting. Each of the three downstairs bedrooms opens to the patio and private hot tub, blending indoor comfort with outdoor relaxation. With immediate access to the Village, year-round recreation at the Village Swim & Fitness Center, ownership here means effortless mountain living in every season.

Listed by Tori Long — Carr Long Real Estate

Listing Details

Status Active
MLS # 20260276
Days on Market 207
Price/Sq Ft $869

Property History

Mar 05, 2026
Listed for sale
$2,525,000
Sep 15, 2026
Price reduced
$2,325,000 $2,525,000 ↓ $200,000

Sale History · changed hands 2×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Aug 2020 · via MLS history $1,575,000 — —
Jan 2023 · via MLS history $2,125,000 (+35%) — —

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 4
Baths 4.5
Sq. Ft. 2,677
Year Built 2008
Property Type Residential
Style Mountain
Subdivision Northstar
County Placer
STR Jurisdiction Placer County
APN 113010001000
Parking
Garage Spaces 2
Parking Features Two, Attached
Attached Garage Yes
Exterior & Lot
Lot Features Ski Trail, Landscaped
View Mountain(s), Ski Resort
Roof Composition
Foundation Concrete Perimeter
Utilities & Systems
Heating Natural Gas, CFAH
Cooling Air Conditioning
Financial
HOA Fee $1,850 / Monthly
HOA & Community
Community Amenities Pool, Exercise Equipment
📊

STR Investment Analysis

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

STR Investment Analysis

Yellow Zone
STRUCTURAL SCORE Luxury
76
PROJECTED GROSS ANNUAL REVENUE
$95K – $140K typically ~$120,000
~$10,000 per month
Avg Nightly
$884
Occupancy
37%
Cap Rate
2.0%

STR Investment Summary — 7401 Larkspur Lane, Truckee

Est. Gross Annual Revenue
$95K – $140K
typically ~$120,000
Avg Nightly Rate
$884
Projected Occupancy
37.2%
Cap Rate
2.0%
Structural Score: 76 / 100 (Luxury) · STR Zone: Yellow

Nightly rates and occupancy from Northstar / Martis Valley market data (85 comparable 4-bedroom rentals, 2026-08); 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.

Building Permit History

Placer County permit records for this parcel

3 expired permits
Commercial - Full Review · 2008-08-06
DONE
METER FOR CATV POWER SUPPLY CABINET
Permit #0300 30616.08
Building-Non-SFD · 2007-11-08
EXPI
Fab and install sign face to rock pillars
Permit #TSUP 122853.07
Building-Non-SFD · 2007-08-24
DONE
(2) temporary power poles Valuation-$500.00
Permit #TSUP 122538.07
Master Tract > 3000-Plan Check Only · 2007-04-24
Expired
SINGLE FAMILY DWELLING dowhill split LIVING--------- GARAGE------ PORCH--------- DECK----------
Permit #479383
Master Tract > 3000-Plan Check Only · 2007-04-24
Expired
SINGLE FAMILY DWELLING downhill LIVING--------- GARAGE------ PORCH--------- DECK----------
Permit #479384
Residential > 3000 · 2006-03-02
DONE
DUPLEX TOWNHOME / UNIT #1 DOWN SLOPE FLOOR PLAN R-3 LIVING = 2852 SQFT R-3 MECH RM = 53 SQFT U-1 GARAGE = 520 SQFT COV PORCH = 297 SQFT DECK = 363 SQFT 1) SPECIAL INSPECTIONS REQ 2) SPECIAL FIRE DEPT REQ's
Permit #TDUP 120286.06

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

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

$16,424 per month
Principal & interest
$11,756/mo
Property taxes
$2,043/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
$1,850/mo
From MLS listing data.
Home insurance
$775/mo
CA FAIR Plan + DIC estimate, ~$7,800–$10,800/yr — wildfire-zone rates vary; not a bindable quote.
Down payment
20% ($465,000)
Home price
$2,325,000
Loan details
30-yr fixed, 6.5%
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