$370,000 Partial Ownership
Heads up: This listing is a partial ownership / fractional share — you would be buying a share of the property (not the whole home). Carefully review the listing details and any ownership documents before making an offer.
237 Basque #4
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
·
3.0 Baths
·
2,816 Sq Ft
Virtual Tour

About This Property

New co-ownership opportunity: Own one-eighth of this professionally managed, turnkey home by Pacaso. What’s better than a mountain cabin near Lake Tahoe? The laid-back luxury of this fully remodeled 4-bedroom, 3-bathroom retreat with views of the Martis Valley. This fully remodeled, custom-built Northstar home is conveniently located between Truckee and the lake and includes the coveted Northstar HOA amenities; outdoor pools, kids area, tennis courts, and fitness center. Backing to a private green space, this three-level home has a bright, open concept great room with a window wall, a soaring wood ceiling and an inviting stone fireplace. A spacious dining area and large decks are perfect for enjoying meals prepared on the professional-grade range in the sleek gourmet kitchen. The home includes two relaxing primary suites with spa-like en suite bathrooms, two guest bedrooms and a laundry area. The home comes fully furnished and professionally decorated.

Listed by Joseph Maehler — Pacaso, Inc.

Listing Details

Status Off Market
MLS # 20250313
Days on Market 348
Price/Sq Ft $131

Property History

Mar 07, 2025
Listed for sale
$370,000
Property Overview
Beds 4
Baths 3.0
Sq. Ft. 2,816
Lot Size 0.28 acres
Stories 2
Year Built 1997
Property Type Residential
Style Mountain
Subdivision Northstar
County Placer
STR Jurisdiction Town of Truckee
APN 110-390-033-000
Parking
Parking Features Two
Exterior & Lot
Exterior Features High Ceilings,Cable TV,Hot Tub
View Wooded
📊

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 — 237 Basque #4, Truckee

Est. Annual Revenue
$56,599
Avg Nightly Rate
$629
Projected Occupancy
24.6%
Cap Rate
6.1%
Structural Score: 60 / 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% ($74,000)
Home price
$370,000
Loan details
30-yr fixed, 6.5%
Request a Tour
Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

Send a Message

Or call directly: 9166671444