$3,500,000 Active
7470 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.
4 Beds
·
3.5 Baths
·
2,980 Sq Ft
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About This Property

Welcome to 7470 Larkspur Lane — a rare opportunity to own one of Northstar’s most desirable luxury residences. Located within the exclusive gated Village Walk Skyline community and just steps from Northstar Village, this exceptional 4-bedroom, 3.5-bath mountain retreat offers the perfect balance of elevated design, effortless convenience, and year-round resort living. Completed in 2023 and now offered as the first resale within the development, this home is part of Northstar’s newest luxury community in over a decade — an opportunity buyers have been waiting for. The heart of the home is the stunning open-concept kitchen and living room, thoughtfully designed to bring people together. Framed by soaring ceilings and dramatic floor-to-ceiling windows, the space is filled with natural light and showcases breathtaking views of the Carson Range and Northstar Resort. The chef’s kitchen is both sophisticated and functional, featuring Manhattan oak cabinetry, quartz countertops, premium stainless steel appliances, a six-burner Wolf range, and a wine cooler. Whether hosting après-ski gatherings, holiday dinners, or quiet evenings by the fire, this expansive great room creates an unforgettable mountain living experience. The thoughtfully designed layout offers exceptional flexibility with two ensuite bedrooms, including a luxurious upstairs primary suite, plus two additional guest bedrooms and a spacious secondary living area downstairs — ideal for hosting family and friends while still offering privacy and multiple entertaining spaces. Seamlessly blending indoor and outdoor living, two private decks capture panoramic mountain views and provide the perfect setting for morning coffee, sunset cocktails, or summer entertaining. After a day on the slopes or trails, relax in the private hot tub while overlooking the mountains and taking in the crisp Tahoe air. Additional features include air conditioning, owned solar panels for enhanced energy efficiency, and access to the Village Swim & Fitness Center and Northstar’s premier resort amenities. This is more than just a home — it’s a lifestyle, an experience, and one of the rarest opportunities in Northstar today. Whether you're searching for the ultimate Tahoe getaway, a luxury investment property, or a legacy mountain retreat for generations to come, 7470 Larkspur Lane is the property you've been waiting for.

Listed by Taylor Halsey — COMPASS

Listing Details

Status Active
MLS # 20260790
Days on Market 1
Price/Sq Ft $1,174

Property History

May 12, 2026
Listed for sale
$3,500,000
Property Overview
Beds 4
Baths 3.5
Sq. Ft. 2,980
Stories 2
Year Built 2023
Property Type Residential
Style Modern
Subdivision Northstar
County Placer
STR Jurisdiction Town of Truckee
APN 113-010-022-000
Parking
Parking Features Two
Exterior & Lot
Exterior Features High Ceilings,Landscaping,Rental History,High Speed Internet,Hot Tub,Air Conditioning
View Mountain,Ski Resort
Roof Metal
Foundation Perim Concrete
Utilities & Systems
Heating Natural Gas
HOA & Community
Community Amenities Pool,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 Excellent
87
PROJECTED ANNUAL REVENUE
$142,500 ($118K – $167K range)
~$11,875 per month
Avg Nightly
$485
Occupancy
68%
Cap Rate
5.2%

STR Investment Summary — 7470 Larkspur Lane, Truckee

Est. Annual Revenue
$130,455
Avg Nightly Rate
$1115
Projected Occupancy
32.0%
Cap Rate
1.5%
Structural Score: 64 / 100 (Premium) · STR Zone: Yellow

Based on comparable vacation rental performance data for Truckee. Revenue projections are estimates and may vary.

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

$0 per month
Principal & interest
$0
Property taxes
$0
HOA dues
$0
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($700,000)
Home price
$3,500,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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