$3,250,000 Active
7470 Larkspur Lane
Truckee, CA 96161

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✓ STR Allowed — Permit Required
Placer County STR permit required. Eastern Placer cap of 3,900 permits (not reached) — 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
·
3.5 Baths
·
2,980 Sq Ft
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Our data on this home

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 # 20262192
Days on Market 3
Price/Sq Ft $1,091

Property History

Oct 31, 2026
Listed for sale
$3,250,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Feb 2022 · via MLS history $2,304,862 — —

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 3.5
Sq. Ft. 2,980
Year Built 2023
Property Type Residential
Style Modern
Subdivision Northstar
County Placer
STR Jurisdiction Placer County
APN 113010022000
Parking
Garage Spaces 2
Parking Features Two, Attached
Attached Garage Yes
Exterior & Lot
Lot Features Ski Trail, Landscaped, Rental History
View Mountain(s), Ski Resort
Roof Metal
Foundation Concrete Perimeter
Utilities & Systems
Heating Natural Gas, In Floor
Cooling Air Conditioning
Financial
HOA Fee $5,195 / Quarterly
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 Premium
73
PROJECTED GROSS ANNUAL REVENUE
$90K – $130K typically ~$110,000
~$9,167 per month
Avg Nightly
$942
Occupancy
32%
Cap Rate
1.3%

STR Investment Summary — 7470 Larkspur Lane, Truckee

Est. Gross Annual Revenue
$90K – $130K
typically ~$110,000
Avg Nightly Rate
$942
Projected Occupancy
32.0%
Cap Rate
1.3%
Structural Score: 73 / 100 (Premium) · STR Zone: Yellow

Nightly rates and occupancy from Northstar / Martis Valley market data (83 comparable 4-bedroom rentals, 2026-11); 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

$3,600 – $4,200/yr
about $325/mo
Est. Rebuild Cost (Coverage A)
$894,000
FAIR Plan (fire)
$3,000/yr
DIC wrap (theft, water, liability)
$600 – $1,200/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

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

$20,914 per month
Principal & interest
$16,434/mo
Property taxes
$2,856/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
$1,299/mo
From MLS listing data.
Home insurance
$325/mo
CA FAIR Plan + DIC estimate, ~$3,600–$4,200/yr — wildfire-zone rates vary; not a bindable quote.
Down payment
20% ($650,000)
Home price
$3,250,000
Loan details
30-yr fixed, 6.5%
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