Sold $1,500,000 $1,549,000 Closed
8001 Northstar Drive #408
Truckee, CA 96161

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SOLD 2025-12-15
Sold for $1,500,000 (listed at $1,549,000)
2 Beds
·
2.5 Baths
·
1,440 Sq Ft
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About This Property

Catamount Sky Villa with Breathtaking Top-Floor Views! This is one of Northstar's most sought-after residences — offering top-floor privacy just steps from the gondola, ice rink, shops, restaurants, theater, and ski lockers. The villa features soaring vaulted ceilings, two ensuite bedrooms, a separate guest bathroom, a well-appointed kitchen, and a spacious deck overlooking the promenade and ski slopes. Additional highlights include two private storage lockers, heated underground parking, and access to on-site amenities such as a pool, spa, and fitness center. This fully furnished unit is turnkey and ready to be included in Northstar’s on-site rental program.

Listed by Shane Thompson — Asset Vu Real Estate Brokerage

Listing Details

Status Closed
MLS # 20252213
Sold Date 2025-12-15
Sold Price $1,500,000
Price/Sq Ft $1,076

Property History

Sep 26, 2025
Listed for sale
$1,549,000
Current
Sold
$1,500,000
Property Overview
Beds 2
Baths 2.5
Sq. Ft. 1,440
Year Built 2007
Property Type Residential
Style Mountain
Subdivision Northstar
County Placer
STR Jurisdiction Placer County
APN 103160020000
Parking
Garage Spaces 1
Parking Features One, Heated Garage, Other
Attached Garage Yes
Exterior & Lot
Lot Features Condo/PUD Project, Ski In/Ski Out
View Mountain(s), Ski Resort
Utilities & Systems
Cooling Air Conditioning
Financial
HOA Fee $6,455 / Quarterly
HOA & Community
Community Amenities Pool

STR Investment Summary — 8001 Northstar Drive #408, Truckee

Est. Gross Annual Revenue
$45K – $85K
typically ~$65,000
Avg Nightly Rate
$479
Projected Occupancy
37.2%
Cap Rate
1.7%
Structural Score: 59 / 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

$1,800 – $2,100/yr
about $162/mo
Est. Rebuild Cost (Coverage A)
$432,000
FAIR Plan (fire)
$1,500/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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