$1,325,000 $1,399,500 ↓ $74,500 reduced Active
4001 Northstar Drive #510
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.
2 Beds
·
2.0 Baths
·
1,215 Sq Ft
Virtual Tour

About This Property

Experience one of the most sought-after residences in the Village at Northstar. This premier top-floor, two-bedroom retreat offers vaulted ceilings, expansive windows, and an airy layout that captures natural light throughout the day. With fresh, design-forward renovations including new luxury hardwood-like flooring and a beautifully refreshed interior, the space now exudes a contemporary elegance that feels both vibrant and inviting. This condo’s southwest orientation delivers a rare combination of views: an engaging perspective on the Village below paired with peaceful, forested mountain vistas beyond. It’s a setting that feels alive yet grounding, perfect for unwinding after a day on the slopes. Impeccably maintained and lovingly cared for since 2006, the condo is fully furnished and turn-key, allowing you to step effortlessly into the Northstar lifestyle. Situated in a prime location within the Village, the residence is just a short stroll to the main gondola, and you can ski directly back to the building at the end of the day. Underground parking provides seamless convenience, keeping your arrival and departure easy in every season. With world-class skiing, boutique shops, elevated dining, and inviting hot tubs all just moments away, this condo places you at the heart of Northstar’s most exceptional offerings.

Listed by Gregory Righellis — Tahoe Mountain Realty

Listing Details

Status Active
MLS # 20252568
Days on Market 250
Price/Sq Ft $1,091

Property History

Dec 10, 2025
Listed for sale
$1,325,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
May 2006 · county record $1,225,750 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 2
Baths 2.0
Sq. Ft. 1,215
Property Type Residential
Style Mountain
Subdivision Northstar
County Placer
STR Jurisdiction Placer County
APN 103090021
Parking
Garage Spaces 1
Parking Features One, Attached
Attached Garage Yes
Exterior & Lot
Lot Features Condo/PUD Project
View Panoramic, Mountain(s), Ski Resort
Pool & Spa
Pool Swimming Pool
Utilities & Systems
Heating Natural Gas
Cooling Air Conditioning
Financial
HOA Fee $1,633 / Monthly
HOA & Community
Community Amenities Pool, Down Hill Skiing, Exercise Equipment
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STR Investment Analysis

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

STR Investment Analysis

Yellow Zone
STRUCTURAL SCORE Standard
54
PROJECTED GROSS ANNUAL REVENUE
$41,791 ($33K – $66K range)
~$3,483 per month
Avg Nightly
$308
Occupancy
37%
Cap Rate
1.3%

STR Investment Summary — 4001 Northstar Drive #510, Truckee

Est. Gross Annual Revenue
$41,791
Avg Nightly Rate
$308
Projected Occupancy
37.2%
Cap Rate
1.3%
Structural Score: 54 / 100 (Standard) · STR Zone: Yellow

Nightly rates and occupancy from Northstar / Martis Valley market data (120 comparable 2-bedroom rentals, 2026-08); seasonality from comparable Tahoe rentals. Gross of management, cleaning and platform fees. Estimates 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% ($265,000)
Home price
$1,325,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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