$4,795,000 Active
8408 Jake Teeter
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
·
4.5 Baths
·
3,442 Sq Ft
Virtual Tour

About This Property

The massive rock fireplace at the center of this 3,442 square-foot home features a big screen tv above a mantel constructed of reclaimed timber. That tv, however, is no match for the entertainment that unfolds to the left and right of this showcase. There, doors on both sides virtually disappear, eliminating any distinction between the great outdoors and the equally great indoors that run the course of this 4-bed/4.5-bath home. Beyond those fold-away partitions are two patios; one facing sunrise and the other oriented to capture sunset. It’s this balance of rustic and sophisticated that explains why it’s been featured in the pages of Forbes and why it was named winner of Tahoe Quarterly’s Mountain Home Awards. “The ultimate goal was to make the home look like it was built by an artisan, not a builder,” explained Mark Neave of award-winning NSM Construction and the original owner of this family home designed by architect Dennis Zirbel. Elements that highlight its artisanal character include living room beams of redwood and iron, a sink made from a smelting pot, wine barrel ceilings, light fixtures fashioned from beer growlers, distressed and reclaimed white oak floors, and a fairytale-ish garage roof of flowers and grass. The dining room is tucked against a window with forest views while the handsome kitchen holds views over this comfortable gathering. There’s a large counter here as well as abundant cabinetry, a pantry, and windows that slide open to connect with the covered patio counter. That covered patio also includes a barbecue bay and views while the patio on the flip side of the fireplace holds a firepit and filtered views of Lookout Mountain. Sleeping quarters are all upstairs, just beyond the landing area/office. A media room serves as a hub for this scene with four bedrooms spoking out in all directions of the compass. The primary suite possesses views of Lookout Mountain and its two-way fireplace casts a glow on the bedroom as well as the bathroom whose alluringly deep bath nestles right up to the fireplace. While the ultimate definition of quality craftsmanship, there remains one conundrum you’ll encounter with this pleasantly livable and unpretentious home: choosing which patio to stargaze from.

Listed by Kim Kennedy — Martis Camp Realty, Inc.

Listing Details

Status Active
MLS # 20261740
Price/Sq Ft $1,393

Property History

Aug 19, 2026
Listed for sale
$4,795,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Jul 2021 · county record $4,100,000 Deed record — brokerage sides not reported

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.

Property Overview
Beds 4
Baths 4.5
Sq. Ft. 3,442
Lot Size 0.62 acres
Year Built 2014
Property Type Single Family Residence
Style Mountain
Subdivision Martis Valley
County Placer
STR Jurisdiction Placer County
APN 108090007
Parking
Garage Spaces 2
Parking Features Two, Attached, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Lot Features Street, Landscaped
View Filtered, Trees/Woods
Construction Frame, Masonry, Other
Roof Composition, Other
Utilities & Systems
Heating Radiant
Financial
HOA Fee $6,500 / Annually
📊

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
$128K – $246K typically ~$182,754
~$15,230 per month
Avg Nightly
$1562
Occupancy
32%
Cap Rate
1.5%

STR Investment Summary — 8408 Jake Teeter, Truckee

Est. Gross Annual Revenue
$128K – $246K
typically ~$182,754
Avg Nightly Rate
$1562
Projected Occupancy
32.0%
Cap Rate
1.5%
Structural Score: 73 / 100 (Premium) · STR Zone: Yellow

Based on comparable vacation rental performance data for Truckee. Gross of management, cleaning and platform fees. Assumes full-year availability, professional management and dynamic pricing; owner use reduces it. 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
From MLS listing data.
Home insurance
$0
Insurance estimate only — Tahoe wildfire-zone rates vary; get a local broker quote for accuracy.
Down payment
20% ($959,000)
Home price
$4,795,000
Loan details
30-yr fixed, 6.5%
Request a Tour

We'll contact you soon.

R
Real Estate Tahoe
Real Estate Agent

Send a Message