$1,888,000
1018 Snow Crest Road
Alpine Meadows, CA 96146
✓ STR Allowed — Permit Required
Placer County STR permit required. County-wide cap of 3,900 permits — new permits available until cap is reached.
3 Beds
·
3.5 Baths
·
2,144 Sq Ft
·
16335 Lot
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About This Property

A creek runs through it… Amongst the pines and aspens of lower Alpine Meadows, this beautiful Snow Crest home and additional Mineral Springs privacy lot mountain oasis set the stage for spending time with your family and friends, and a convenient base for your Tahoe adventures. Whether you’re off to the slopes or summer trails and lakes, this 3-ensuite bedroom home provides ample sleeping rooms, bathrooms and inviting spaces to gather after the day’s fun. Sunlight pours into the upper living area through towering windows that bring in the Sierra sun, mountains and woodlands. A captivating, rugged stone fireplace anchors the room, providing a warm and inviting atmosphere for year-round enjoyment. The home is designed for effortless entertaining with a thoughtfully designed pass-through kitchen that connects the entry foyer, powder room, living and dining spaces, and a spacious upper deck for outdoor living. The family room, below, is multi-purpose that can be used as a second entertainment area or for extra sleeping space. The primary ensuite, on the main level, features a contemporary bath with heated tile floors; the other two ensuites are on the lower level, one with bath access to the hall. Also on the lower level, laundry, storage, mechanical and two exits to the lower deck. A year-round, spring-fed creek bubbles past the Snow Crest home, flowing through a handsome, rock lined-bed that fills the air with tranquil, natural sound amid lush greenery. Immerse yourself in nature with a book on the lower Trex deck or a restorative soak in the covered hot tub. Kids will love exploring the creek playground as it continues to flow freely through the Mineral Springs lot and a stand of mature aspens. Rally the crew and hop on the e-bikes – four are included – for an easy ride to Alpine Springs Community Park, the Village or the Lake. Hike up Snow Crest to Paige Meadows or tackle Munchkins. However you choose to spend the day, Snow Crest is turnkey and ready to enjoy now, with the added opportunity of the Mineral Springs lot for future expansion possibilities.

Listed by Suzanne Gale — COMPASS

Listing Details

Status Active
MLS # 20260217
Days on Market 26
Price/Sq Ft $881

Property History

Feb 20, 2026
Listed for sale
$1,888,000
Property Overview
Beds 3
Baths 3.5
Sq. Ft. 2,144
Lot Size 0.38 acres
Stories 2
Year Built 1999
Property Type Single Family Residence
Style Mountain
Subdivision Alpine Meadows
APN 095-400-054 049
Parking
Parking Features Two
Exterior & Lot
Exterior Features High Ceilings,Hot Tub,Wine Room
Lot Features Downslope
View Wooded,Mountain,River/Creek
Construction Framed
Roof Composition
Foundation Perim Concrete
Utilities & Systems
Heating Propane,CFAH
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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% ($377,600)
Home price
$1,888,000
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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