$4,350,000 Active
9290 Brae Road
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
·
3.5 Baths
·
3,599 Sq Ft

About This Property

Nestled among the pines in the highly sought-after Back 9 neighborhood of Schaffer's Mill, this nearly new mountain-modern residence captures sweeping forest views and the effortless luxury that defines Tahoe living. Built less than three years ago and impeccably maintained, the home blends timeless mountain warmth with contemporary design, featuring wide-plank hardwood floors, soaring vaulted ceilings, and expansive walls of glass that fill the interiors with natural light and frame the surrounding landscape. Designed for both entertaining and everyday comfort, the open-concept floor plan centers around a chef's kitchen with a dramatic gathering island, quartz countertops, premium integrated appliances, wine refrigerator, and a built-in bar that seamlessly connects to the dining and great room. Floor-to-ceiling windows bring the outdoors in, while a sleek linear fireplace and folding glass doors create a seamless transition to the covered outdoor living and dining spaces. Offering the ultimate Tahoe lifestyle, the home is thoughtfully appointed with custom built-in bunk beds, a dedicated media room, recreation/game room, wine room, wet bar, private office, and a junior suite ideal for guests or multi-generational living. The luxurious primary suite is highlighted by a spa-inspired bath featuring a freestanding soaking tub positioned beneath expansive windows, heated tile floors, dual vanities, and a serene connection to the surrounding forest. Heated tile flooring also extends through the powder room and mudroom entry. Outdoor amenities are equally impressive, with multiple decks, a covered patio, hot tub, fire pit, built-in BBQ, and professionally landscaped grounds designed for year-round enjoyment. The home is fully equipped with an extensive suite of modern conveniences, including Control4 smart-home automation with integrated audio, video, lighting, and streaming capabilities, radiant floor heating, central air conditioning, dual-zone climate control, whole-home humidification, spray-foam insulation, EV charging, wired security system, integrated bear mats, snow-melt systems, and an oversized attached garage with additional space for a golf cart and mountain gear. Located behind the gates of Schaffer's Mill, one of Truckee's premier golf and mountain communities, owners enjoy access to exceptional amenities and a prime location just minutes from Northstar California Resort, Lake Tahoe, and endless year-round recreation. The HOA fees include the community's Social Membership with no additional initiation fee, providing access to Schaffer's Mill's on-site amenities, dining, fitness facilities, resort-style pool, and family programming, as well as exclusive access to the private Northstar ski lounge and seasonal shuttle service to Northstar. For golf members, ownership also offers access to the prestigious Troon Privé Privilege program, providing reciprocal playing opportunities and preferred access at an exclusive network of private clubs and premier golf destinations worldwide.

Listed by Eric Navarro — COMPASS

Listing Details

Status Active
MLS # 20261252
Days on Market 28
Price/Sq Ft $1,209

Property History

Jun 23, 2026
Listed for sale
$4,350,000
Property Overview
Beds 4
Baths 3.5
Sq. Ft. 3,599
Lot Size 0.66 acres
Year Built 2023
Property Type Single Family Residence
Style Modern
Subdivision Martis Valley
County Placer
STR Jurisdiction Placer County
APN 107190013000
Parking
Garage Spaces 3
Parking Features Three, Attached
Attached Garage Yes
Exterior & Lot
Lot Features Street
View Filtered, Trees/Woods
Financial
HOA Fee $11,084 / Annually
📊

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 — 9290 Brae Road, Truckee

Est. Annual Revenue
$167,310
Avg Nightly Rate
$1430
Projected Occupancy
32.0%
Cap Rate
1.5%
Structural Score: 78 / 100 (Luxury) · 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
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% ($870,000)
Home price
$4,350,000
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