$615,000 Active
5051 Gold Bend #5051
Northstar, CA 96161

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✓ STR Allowed — Permit Required
Placer County STR permit required. Eastern Placer cap of 3,900 permits (not reached) — new permits available until cap is reached.
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2 Beds
·
2.0 Baths
·
1,008 Sq Ft

Our data on this home

Short-term rental income $15K – $45K/yr Est. gross · $221/night · 37.2% booked Home insurance $1,200 – $1,400/yr FAIR Plan + DIC wrap, the usual Tahoe setup

About This Property

Great price for this cozy Gold Bend 2/2 condo! Easy access with parking in front of the unit. It is a short walk to the Village and HOA Recreation Center or you can take advantage of the free seasonal shuttle bus. The entry level includes 2 bedrooms, 2 bathrooms and a laundry closet. The private primary bedroom is at the back of the condo and features an outside deck. The guest bunk room sleeps 4 (it has a twin bed and a twin over a double bed). Upstairs is the open kitchen, dining, and living area with a cozy gas fireplace and another deck! Membership in the Northstar HOA provides pools (swimmimg and lap), 2 hot tubs, toddler pool, tennis and pickle ball courts, arcade, adult lounge area, and childrens play area. Northstar Resort offers skiing, golfing, mountain biking/hiking trails plus shopping and restaurants in the Village (also seasonal ice skating/roller skating). Condo is now ski leased 11/20/26 - 4/20/27. Sale subject to lease.

Listed by Nancy Mulloy — Mulloy Realty

Listing Details

Status Active
MLS # 20261452
Days on Market 115
Price/Sq Ft $610

Property History

Jul 13, 2026
Listed for sale
$615,000
Jul 24, 2026
Relisted
$615,000
Property Overview
Beds 2
Baths 2.0
Sq. Ft. 1,008
Year Built 1974
Property Type Residential
Style Mountain
Subdivision Northstar
County Placer
STR Jurisdiction Placer County
APN 110360003000
Parking
Parking Features None
Exterior & Lot
Lot Features Condo/PUD Project, Rental History
View Trees/Woods
Construction Frame, Wood Siding
Roof Composition
Foundation Concrete Perimeter
Utilities & Systems
Heating Natural Gas, CFAH
Financial
HOA Fee $1,700 / Annually
HOA & Community
Community Amenities Pool, Tennis Court(s), Exercise Equipment
📊

STR Investment Analysis

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

STR Investment Analysis

Yellow Zone
STRUCTURAL SCORE Standard
45
PROJECTED GROSS ANNUAL REVENUE
$15K – $45K typically ~$30,000
~$2,500 per month
Avg Nightly
$221
Occupancy
37%
Cap Rate
2.0%

STR Investment Summary — 5051 Gold Bend #5051, Northstar

Est. Gross Annual Revenue
$15K – $45K
typically ~$30,000
Avg Nightly Rate
$221
Projected Occupancy
37.2%
Cap Rate
2.0%
Structural Score: 45 / 100 (Standard) · STR Zone: Yellow

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

$1,200 – $1,400/yr
about $108/mo
Est. Rebuild Cost (Coverage A)
$302,400
FAIR Plan (fire)
$1,000/yr
DIC wrap (theft, water, liability)
$200 – $400/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

$3,900 per month
Principal & interest
$3,110/mo
Property taxes
$540/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
$142/mo
From MLS listing data.
Home insurance
$108/mo
CA FAIR Plan + DIC estimate, ~$1,200–$1,400/yr — wildfire-zone rates vary; not a bindable quote.
Down payment
20% ($123,000)
Home price
$615,000
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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