$4,998,000 Active
9278 Brae Road
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.
4 Beds
·
4.5 Baths
·
4,625 Sq Ft

Our data on this home

About This Property

Introducing a stunning modern mountain home in the prestigious Schaffer's Mill community. This brand new, high-end construction residence offers the perfect blend of style, functionality, and tranquility. Nestled amidst the serene natural surroundings, this home provides a peaceful and private setting. Step inside to discover an open floor plan that is perfect for both everyday living and entertaining. The heart of the home is the breathtaking kitchen, designed with a modern aesthetic and equipped with top-of-the-line appliances. The spacious living area provides ample space for relaxation and socializing, while children will delight in the expansive up stairs space. This remarkable home features two master suites on the first floor, ensuring both comfort and convenience. Each suite offers a private oasis to retreat to, complete with luxurious amenities. Additionally, there is a charming bunk room, adding a touch of whimsy and versatility to the property.The indoor/outdoor feel from the living space to the backyard will offer a secluded sanctuary, perfect for outdoor gatherings and relaxation. Don't miss the opportunity to own this beautiful modern mountain home in Schaffer's Mill. Experience the luxury, tranquility, and privacy that this property has to offer.

Listed by Jennifer Ridgeway — Ridgeway Realty

Listing Details

Status Active
MLS # 20261040
Days on Market 142
Price/Sq Ft $1,081

Property History

Jun 01, 2026
Listed for sale
$4,998,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Feb 2022 · county record $985,000 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; rows marked via a listing site fill the years the feed misses using that site's public sale record.

Property Overview
Beds 4
Baths 4.5
Sq. Ft. 4,625
Year Built 2024
Property Type Single Family Residence
Style Modern
Subdivision Martis Valley
County Placer
STR Jurisdiction Placer County
APN 107250009000
Parking
Garage Spaces 3
Parking Features Three, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Lot Features Greenbelt, Landscaped
View Trees/Woods, Mountain(s)
Construction Frame, Steel Siding
Roof Metal
Foundation Slab
Utilities & Systems
Heating Heat Pump
Cooling Air Conditioning
HOA & Community
Community Amenities Pool, Tennis Court(s), Exercise Equipment
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STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

STR analysis
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PROJECTED GROSS ANNUAL REVENUE
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Avg Nightly
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Home Insurance Estimate

California FAIR Plan fire policy + a DIC wrap policy, the usual Tahoe setup

$10,400 – $12,200/yr
about $942/mo
Est. Rebuild Cost (Coverage A)
$2,543,750
FAIR Plan (fire)
$8,700/yr
DIC wrap (theft, water, liability)
$1,700 – $3,500/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

$30,606 per month
Principal & interest
$25,273/mo
Property taxes
$4,391/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
$0/mo
From MLS listing data.
Home insurance
$942/mo
CA FAIR Plan + DIC estimate, ~$10,400–$12,200/yr — wildfire-zone rates vary; not a bindable quote.
Down payment
20% ($999,600)
Home price
$4,998,000
Loan details
30-yr fixed, 6.5%
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