$1,275,000 $1,350,000 ↓ $75,000 reduced Active
3001 Northstar Drive #205
Northstar, CA 96161

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✓ STR Allowed — No Permit Needed
Placer County lists Iron Horse as an approved condo-hotel (county list of March 16, 2026), so its units need no county STR permit. Check the building's own rental rules.
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2 Beds
·
2.0 Baths
·
1,215 Sq Ft
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Our data on this home

Short-term rental income $65K – $115K/yr Est. gross · $626/night · 37.2% booked Home insurance $1,400 – $1,700/yr FAIR Plan + DIC wrap, the usual Tahoe setup

About This Property

Embrace the true essence of mountain living with this exceptional ski-in/ski-out condo located in the heart of Northstar Village. The open great room boasts a modern kitchen, dining area, and a spacious sitting area complete with a gas fireplace—perfect for unwinding after a day on the slopes. Step out onto your private deck to soak in the wonderful village views. This fully furnished condo includes all appliances, making it move-in ready. The HOA dues cover all utilities! Its prime location offers easy access to the main gondola ski lift, and you can effortlessly ski back to your door at the end of the day. For added convenience, enjoy secure parking in the underground garage directly below the condo, ensuring seamless access to all the activities and amenities Northstar has to offer. From world-class skiing and boutique shopping to exquisite dining and a rejuvenating soak in the hot tub, this condo is your gateway to the ultimate Northstar experience

Listed by Kane Schaller — Dickson Realty

Listing Details

Status Active
MLS # 20251566
Days on Market 483
Price/Sq Ft $1,049

Property History

Jul 10, 2025
Listed for sale
$1,350,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Jan 2011 · county record $615,000 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 2
Baths 2.0
Sq. Ft. 1,215
Year Built 2005
Property Type Residential
Style Mountain
Subdivision Northstar
County Placer
STR Jurisdiction Placer County
APN 103060005
Parking
Garage Spaces 1
Parking Features One, Other
Attached Garage Yes
Exterior & Lot
Lot Features Condo/PUD Project
View Peek, Mountain(s), Ski Resort
Roof Composition
Utilities & Systems
Heating Natural Gas, CFAH
Financial
HOA Fee $5,061 / Quarterly
HOA & Community
Community Amenities Pool, Tennis Court(s), Golf Course, Down Hill Skiing, Exercise Equipment
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STR Investment Analysis

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

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Premium
71
PROJECTED GROSS ANNUAL REVENUE
$65K – $115K typically ~$85,000
~$7,083 per month
Avg Nightly
$626
Occupancy
37%
Cap Rate
2.7%

STR Investment Summary — 3001 Northstar Drive #205, Northstar

Est. Gross Annual Revenue
$65K – $115K
typically ~$85,000
Avg Nightly Rate
$626
Projected Occupancy
37.2%
Cap Rate
2.7%
Structural Score: 71 / 100 (Premium) · STR Zone: Green

Nightly rates and occupancy from Northstar / Martis Valley market data (120 comparable 2-bedroom rentals, 2026-11); seasonality from comparable Tahoe rentals. Gross of management, cleaning and platform fees. Assumes full-year availability, professional management and dynamic pricing; owner use reduces it. Estimates vary.

Home Insurance Estimate

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

$1,400 – $1,700/yr
about $129/mo
Est. Rebuild Cost (Coverage A)
$364,500
FAIR Plan (fire)
$1,200/yr
DIC wrap (theft, water, liability)
$200 – $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

$8,961 per month
Principal & interest
$6,447/mo
Property taxes
$1,120/mo
1.0544% of the price, Placer County's 2025-26 rate, plus direct charges: California re-assesses a home at its sale price.
HOA dues
$1,265/mo
From MLS listing data.
Home insurance
$129/mo
CA FAIR Plan + DIC estimate, ~$1,400–$1,700/yr — wildfire-zone rates vary; not a bindable quote.
Down payment
20% ($255,000)
Home price
$1,275,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC
(530) 317-0373

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