$4,250,000 Active
9233 Heartwood Drive
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.
5 Beds
·
4.5 Baths
·
3,750 Sq Ft

About This Property

Introducing a Brand New mountain-modern retreat in Schaffer’s Mill — a home that truly captures everything you want in a Tahoe getaway. Thoughtfully designed for both everyday comfort and effortless entertaining, this custom residence offers 4 suites including a large oversized bunk room, a private downstairs office, plus an additional room that could function as a 5th bedroom or media room — creating the ideal layout for hosting family and friends, enjoying full-time mountain living, or maximizing flexibility as a luxury rental opportunity. Surrounded by towering pines and peaceful forested views, the home blends warm natural finishes with sophisticated modern design while enjoying an exceptional golf course setting. Positioned along the back of two golf holes, the property captures beautiful views of the picturesque par-3 hole #3 with its stunning golf pond, while also looking straight down the fairway of hole #6 — creating a rare combination of privacy, scenery, and open space. Expansive windows and soaring ceilings flood the interiors with natural light, while the open-concept floorplan creates a seamless connection between the great room, dining area, and chef’s kitchen — perfect for gathering after a day on the slopes or golf course. At the heart of the home, the kitchen was designed to impress and perform, featuring custom cabinetry, premium appliances, oversized island seating, and a spacious walk-in pantry that adds both functionality and convenience. Rich wood accents, dramatic beams, curated lighting, and refined textures bring warmth and character throughout every space. Designed with mountain living in mind, the home also includes a functional mudroom ideal for ski gear, outdoor adventures, and year-round Tahoe living. Private bedroom suites offer comfort and separation for guests, while the primary suite feels like its own retreat with vaulted ceilings, oversized windows, and a spa-inspired atmosphere that brings the outdoors in. Outdoor living spaces invite you to enjoy every season, whether relaxing under the pines, hosting summer dinners, or enjoying peaceful winter mornings surrounded by snow-covered trees and golf course views. Located within the gated Schaffer’s Mill community, owners enjoy access to championship golf, clubhouse dining, fitness amenities, resort-style pool, private ski shuttle access to Northstar, and endless hiking and biking trails nearby. Blending timeless Tahoe design with a highly functional layout and luxury finishes throughout, this is the kind of mountain home that makes gathering easy, ownership enjoyable, and every season feel unforgettable. Private Tours Available Daily

Listed by Eric Navarro — COMPASS

Listing Details

Status Active
MLS # 20260977
Days on Market 1
Price/Sq Ft $1,133

Property History

May 22, 2026
Listed for sale
$4,250,000
Property Overview
Beds 5
Baths 4.5
Sq. Ft. 3,750
Lot Size 0.32 acres
Stories 2
Year Built 2025
Property Type Single Family Residence
Style Contemporary
Subdivision Martis Valley
County Placer
STR Jurisdiction Town of Truckee
APN 107-160-019-000
Parking
Parking Features Two
Exterior & Lot
Exterior Features Air Conditioning
Lot Features Level
View Mountain,Golf
Roof Composition,Metal
Foundation Perim Concrete
Financial
HOA / Community Schaffersmill.com
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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 — 9233 Heartwood Drive, Truckee

Est. Annual Revenue
$157,482
Avg Nightly Rate
$1346
Projected Occupancy
32.0%
Cap Rate
1.5%
Structural Score: 62 / 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% ($850,000)
Home price
$4,250,000
Loan details
30-yr fixed, 6.5%
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