$4,595,000 Active
9400 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
·
5.5 Baths
·
4,035 Sq Ft
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About This Property

Light, refined, and effortlessly inviting, Silverpine Retreat is a brand-new custom home designed for a relaxed approach to mountain living. Sophisticated without feeling formal, the home pairs warm natural textures, soft organic tones, and contemporary architecture to create a retreat that feels distinctly at home among the pines of Schaffer’s Mill. Designed by acclaimed architect Donald Joseph, Silverpine Retreat balances openness and connection with quiet, private spaces to unwind. Thoughtful architectural details frame the surrounding landscape, while an intentional floor plan creates an easy rhythm for everyday living—from slow mornings at home and afternoons at the clubhouse to days on the course and snowy evenings gathered by the fire. At the heart of the home, the chef’s kitchen brings a rich contrast to the home’s light, natural aesthetic with sleek dark cabinetry, custom chandeliers, and built-in bar shelving. Open to the living and dining spaces, it creates a welcoming setting for gathering and entertaining. Expansive glass doors extend the living area onto a heated outdoor patio with a built-in BBQ, creating a seamless connection to the outdoors throughout the seasons. Five bedrooms and five-and-a-half bathrooms provide generous space for family and guests, including two beautifully appointed primary suites designed as private retreats. Spa-inspired bathrooms feature heated floors, while the main primary suite is elevated by a dual-shower experience that transforms into a steam sauna. A dedicated mudroom and ski closet, custom garage cabinetry, and EV-charging readiness bring thoughtful functionality to the home’s refined design. Set behind the gates of Schaffer’s Mill, Silverpine Retreat is ideally positioned to enjoy the community’s year-round lifestyle. Owners are moments from the clubhouse, dining, fitness facilities, resort-style pool, and family programming, while Northstar California Resort and Lake Tahoe are just minutes away. HOA fees include the community’s Social Membership with no additional initiation fee, as well as exclusive access to Schaffer’s Mill’s private Northstar ski lounge and seasonal shuttle service to the resort. For golf members, ownership also provides access to the Troon Privé Privilege program, offering reciprocal playing opportunities and preferred access at an exceptional collection of private clubs and golf destinations worldwide.

Listed by Eric Navarro — COMPASS

Listing Details

Status Active
MLS # 20261758
Days on Market 3
Price/Sq Ft $1,139

Property History

Aug 22, 2026
Listed for sale
$4,595,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Mar 2021 · county record $380,000 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 5
Baths 5.5
Sq. Ft. 4,035
Year Built 2026
Property Type Single Family Residence
Style Modern
Subdivision Martis Valley
County Placer
STR Jurisdiction Placer County
APN 107040004000
Parking
Garage Spaces 2
Parking Features Two, Attached
Attached Garage Yes
Exterior & Lot
Lot Features On Golf Course, Landscaped
View Trees/Woods, Golf Course
Utilities & Systems
Heating CFAH, Radiant
Cooling Air Conditioning
HOA & Community
Community Amenities Pool, Tennis Court(s), Exercise Equipment, Other/See Remarks
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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
$115K – $283K typically ~$175,149
~$14,596 per month
Avg Nightly
$1497
Occupancy
32%
Cap Rate
1.5%

STR Investment Summary — 9400 Heartwood Drive, Truckee

Est. Gross Annual Revenue
$115K – $283K
typically ~$175,149
Avg Nightly Rate
$1497
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% ($919,000)
Home price
$4,595,000
Loan details
30-yr fixed, 6.5%
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