$4,495,000
340 Elias Baldwin
Truckee, CA 96161
STR Status Unknown
5 Beds
·
6.5 Baths
·
5,936 Sq Ft
·
21780 Lot
Virtual Tour

About This Property

OPEN This weekend! Welcome to The Overlook Lodge: A Tahoe Estate Masterpiece in the Heart of the Private & Gated Lahontan Community & Golf Club in Truckee, California. Built in 2002 and spanning 5,936 square feet, this 5 bedroom, 6.5-bathroom Offering sweeping views of Lookout Mountain and the 17th fairway, this mountain retreat was designed to elevate everyday living with enduring craftsmanship and thoughtful luxury. From the moment you arrive, the home’s presence is undeniable. Architectural stone pillars rise both inside and out, blending seamlessly with native landscaping and an alpine backdrop. Soaring timber beams and custom ironwork hint at the meticulous detail within. Inside, walnut hardwood floors stretch across the main level, softened by Sierra antique stone inlays and warmed by hydroponic radiant floor heating. The great room is anchored by a dramatic four-sided stone fireplace and a wall of picture windows that frame the surrounding mountain landscape, filling the home with natural light and a grounded sense of place. A chef’s kitchen offers commercial-grade Kitchenaid appliances, a Viking range, solid granite counters, a dedicated ice maker, and two dishwashers. Solid Alder cabinetry and an oversized island provide warmth and workspace, while a custom buffet and bar with beverage fridge offer the perfect extension for effortless entertaining. A sunny breakfast nook adds comfort for everyday meals and morning coffee. Two large front-facing viewing decks offer sweeping views of Northstar and the high Sierra, while the rear patio and lanai invite four-season outdoor living. A built-in outdoor kitchen, firepit, and private hot tub with mountain views complete the experience. Thoughtfully designed for flexibility, the home features two private primary suites, one with dual his and her bathrooms. A spacious family/media room on the lower level features a full refrigerator and theater-style setup powered by a 26-speaker Sonos system, perfect for game-day gatherings and movie nights. Practical luxury continues with a giant laundry room, a separate pantry, and a heated two-car garage with built-in cabinetry, hanging racks for ski and boating equipment, and a finished attic space above for storage or future conversion. A smart lighting system with an easy all-on/all-off functionality simplifies daily living on the upper levels. The landscaping is fully irrigated for year-round ease and beauty. This rare opportunity allows you to expand your estate, design a guest house, or add a dedicated recreation space, creating a true mountain compound in one of Truckee’s most prestigious neighborhoods. Life in Lahontan Set behind secure gates and just minutes from Martis Camp, Northstar Resort, and Historic Downtown Truckee, Lahontan offers a lifestyle defined by elegance and outdoor connection. Whether you’re enjoying a sunset round of golf, a morning at the spa, or a peaceful hike through the pines, this private community is built for well-being, recreation, and relaxation. Key Highlights 5 bedrooms, 6.5 bathrooms 5,936 sq ft of refined living space on a quiet cul-de-sac Beautiful views of Lookout Mountain and the 17th fairway Two primary suites, including one with his-and-her bathrooms Two large front-view decks with expansive views of Northstar A hot tub on the lower patio offers a serene spot to relax while taking in the mountain views. Walnut hardwood flooring, Sierra antique inlays Black iron railings, Alder cabinetry, and oil-rubbed bronze fixtures Chef’s kitchen with Viking range, 2 dishwashers, and a separate ice maker Custom bar and buffet and beverage fridge ART on display by Piper Gallery Truckee not included in the sale

Listed by MelindaTilly Mezger — Chase International - Trk

Listing Details

Status Active
MLS # 20251737
Days on Market 230
Price/Sq Ft $757

Property History

Jul 31, 2025
Listed for sale
$4,495,000
Property Overview
Beds 5
Baths 6.5
Sq. Ft. 5,936
Lot Size 0.50 acres
Stories 2
Year Built 2002
Property Type Single Family Residence
Style Old Tahoe
Subdivision Martis Valley
APN 109-240-023-000
Parking
Parking Features Two
Exterior & Lot
Exterior Features Pantry,Central Vacuum,High Ceilings,Landscaping,Phone,Cable TV,High Speed Internet,Hot Tub
Lot Features Level,Upslope,Cul-de-sac,Gentle
View Panoramic,Mountain,Golf,Ski Resort
Construction Framed,Masonry,Wooded
Roof Composition
Utilities & Systems
Heating Natural Gas,Hydronic
Financial
HOA Fee $5,800
HOA / Community t.ly/_F0qT
HOA & Community
Community Amenities Pool,Tennis Courts,Golf,Cross Country 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 Excellent
87
PROJECTED ANNUAL REVENUE
$142,500 ($118K – $167K range)
~$11,875 per month
Avg Nightly
$485
Occupancy
68%
Cap Rate
5.2%

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% ($899,000)
Home price
$4,495,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Real Estate Agent
License #CA 02235314

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