$4,595,000 $4,795,000 ↓ $200,000 reduced Active
8408 Jake Teeter
Truckee, CA 96161

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✗ STR Not Allowed
Lahontan's HOA does not allow short-term rentals, even where the county would issue a permit.
4 Beds
·
4.5 Baths
·
3,442 Sq Ft
Virtual Tour

Our data on this home

About This Property

The massive rock fireplace at the center of this 3,442 square-foot home features a big screen tv above a mantel constructed of reclaimed timber. That tv, however, is no match for the entertainment that unfolds to the left and right of this showcase. There, doors on both sides virtually disappear, eliminating any distinction between the great outdoors and the equally great indoors that run the course of this 4-bed/4.5-bath home. Beyond those fold-away partitions are two patios; one facing sunrise and the other oriented to capture sunset. It’s this balance of rustic and sophisticated that explains why it’s been featured in the pages of Forbes and why it was named winner of Tahoe Quarterly’s Mountain Home Awards. “The ultimate goal was to make the home look like it was built by an artisan, not a builder,” explained Mark Neave of award-winning NSM Construction and the original owner of this family home designed by architect Dennis Zirbel. Elements that highlight its artisanal character include living room beams of redwood and iron, a sink made from a smelting pot, wine barrel ceilings, light fixtures fashioned from beer growlers, distressed and reclaimed white oak floors, and a fairytale-ish garage roof of flowers and grass. The dining room is tucked against a window with forest views while the handsome kitchen holds views over this comfortable gathering. There’s a large counter here as well as abundant cabinetry, a pantry, and windows that slide open to connect with the covered patio counter. That covered patio also includes a barbecue bay and views while the patio on the flip side of the fireplace holds a firepit and filtered views of Lookout Mountain. Sleeping quarters are all upstairs, just beyond the landing area/office. A media room serves as a hub for this scene with four bedrooms spoking out in all directions of the compass. The primary suite possesses views of Lookout Mountain and its two-way fireplace casts a glow on the bedroom as well as the bathroom whose alluringly deep bath nestles right up to the fireplace. While the ultimate definition of quality craftsmanship, there remains one conundrum you’ll encounter with this pleasantly livable and unpretentious home: choosing which patio to stargaze from.

Listed by Kim Kennedy — Martis Camp Realty, Inc.

Listing Details

Status Active
MLS # 20261740
Days on Market 64
Price/Sq Ft $1,335

Property History

Aug 19, 2026
Listed for sale
$4,795,000
Sep 22, 2026
Price reduced
$4,595,000 $4,795,000 ↓ $200,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Jul 2021 · via MLS history $4,250,000 — —

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
Beds 4
Baths 4.5
Sq. Ft. 3,442
Lot Size 0.62 acres
Year Built 2014
Property Type Single Family Residence
Style Mountain
Subdivision Martis Valley
County Placer
STR Jurisdiction Placer County
APN 108090007
Parking
Garage Spaces 2
Parking Features Two, Attached, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Lot Features Street, Landscaped
View Filtered, Trees/Woods
Construction Frame, Masonry, Other
Roof Composition, Other
Utilities & Systems
Heating Radiant
Financial
HOA Fee $6,500 / Annually
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STR Investment Analysis

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STR Investment Analysis

STR analysis
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Home Insurance Estimate

California FAIR Plan fire policy + a DIC wrap policy, the usual Tahoe setup

$7,800 – $9,100/yr
about $704/mo
Est. Rebuild Cost (Coverage A)
$1,893,100
FAIR Plan (fire)
$6,500/yr
DIC wrap (theft, water, liability)
$1,300 – $2,600/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

$28,518 per month
Principal & interest
$23,235/mo
Property taxes
$4,037/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
$542/mo
From MLS listing data.
Home insurance
$704/mo
CA FAIR Plan + DIC estimate, ~$7,800–$9,100/yr — wildfire-zone rates vary; not a bindable quote.
Down payment
20% ($919,000)
Home price
$4,595,000
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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