$1,150,000 Active
19085 Glades Place
Truckee, 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.

About This Property

Where first tracks meet elevated mountain living. Set within the private gated M25 community at Northstar California, this exceptional ski-in, ski-out homesite offers a rare chance to build directly on the mountain in one of Tahoe’s most exclusive slopeside enclaves. With a private ski trail running along the rear property line and panoramic mountain views stretching beyond the treetops, every detail of this setting is designed around year-round adventure and effortless access to the outdoors. Located mid-mountain just above Northstar Village and moments from the Ritz-Carlton, Lake Tahoe, the homesite combines true ski accessibility with privacy and luxury amenities. Ownership includes access to the Mountainside Treehouse, featuring a private pool, fitness center, sports courts, lounge areas, and outfitter concierge services curated for Tahoe living at its best. With only 25 homesites in M25 and this being the sole remaining opportunity available, this is a rare offering to create a fully custom legacy property in the heart of Northstar. Includes - Fully approved building plans for a 6,229 sq ft residence. Ready to break ground right away!

Listed by Jamison Blair — COMPASS

Listing Details

Status Active
MLS # 20261735
Days on Market 65

Property History

Aug 18, 2026
Listed for sale
$1,150,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Mar 2025 · county record $750,000 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; rows marked via a listing site fill the years the feed misses using that site's public sale record.

Property Overview
Lot Size 0.68 acres
Property Type UnimprovedLand
Subdivision Northstar
County Placer
STR Jurisdiction Placer County
APN 110660022000
Exterior & Lot
Lot Features Ski Trail
View Panoramic, Trees/Woods, Mountain(s), Ski Resort
HOA & Community
Community Amenities Pool, CROSS COUNTRY SKIING, DOWN HILL SKIING, EXERCISE EQUIPMENT
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STR Investment Analysis

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

STR Investment Analysis

STR analysis
STRUCTURAL SCORE —
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PROJECTED GROSS ANNUAL REVENUE
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Avg Nightly
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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

$6,825 per month
Principal & interest
$5,815/mo
Property taxes
$1,010/mo
1.0544% of the price, Truckee's 2025-26 rate, plus direct charges: California re-assesses a home at its sale price.
HOA dues
$0/mo
From MLS listing data.
Home insurance
$0/mo
Land — no home to insure, so no insurance estimate.
Down payment
20% ($230,000)
Home price
$1,150,000
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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