$399,000
3151 Aspen Grove
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.
1.0
Baths
·
512
Sq Ft
About This Property
Welcome to your dream mountain retreat! This beautifully remodeled studio condo, just steps from NorthStar, offers the ideal blend of modern comfort and year-round outdoor adventure. Nestled in a secure, gated complex, this property boasts a prime location with easy access to resort amenities and the slopes. Thoughtfully updated, this cozy turn key condo is perfect as a personal getaway or a lucrative investment opportunity in the heart of Tahoe. Embrace the mountain lifestyle and own a piece of this outdoor paradise today!
Listed by Brittany Berry — COMPASS
Listing Details
Status
Off Market
MLS #
20252189
Days on Market
176
Price/Sq Ft
$779
Property History
Sep 23, 2025
Listed for sale
$399,000
Property Overview
Baths
1.0
Sq. Ft.
512
Stories
1
Year Built
1973
Property Type
Residential
Style
Mountain
Subdivision
Northstar
County
Placer
STR Jurisdiction
Town of Truckee
APN
110-110-019
Parking
Parking Features
None
Exterior & Lot
Exterior Features
Rental History
View
Wooded
Roof
Metal
Utilities & Systems
Heating
Natural Gas
Financial
HOA Fee
$464
HOA / Community
npoa.info
HOA & Community
Community Amenities
Pool,Tennis Courts,Golf,Cross Country Skiing,Down Hill Skiing,Exercise Equipment
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%
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% ($79,800)
Home price
$399,000
Loan details
30-yr fixed, 6.5%
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Or call directly: (530) 317-0373
