About This Property
Set on a peaceful cul-de-sac in Northstar’s Big Springs neighborhood, this custom, ski-back mountain estate balances warm alpine craftsmanship with elevated luxury. Soaring timber-framed ceilings, rich hardwood floors, and expansive windows anchor the interior, creating light-filled spaces framed by sweeping views of the Carson Range. Designed for effortless hosting, the open-concept floor plan centers around a chef’s kitchen, formal dining space or converted media room, and an expansive great room. Three stone fireplaces are thoughtfully placed throughout the primary living spaces, providing cozy gathering points after a day on the slopes. Outside, extensive multi-level decking and stone patio areas create exceptional outdoor entertaining spaces, with a hot tub privately tucked among mature pines. The main residence features 4 bedrooms and 3.5 baths, with a primary suite on each level. Positioned above the 2-car detached garage, a versatile guest suite with a private full bath offers an ideal guest getaway, private office, or executive studio. The home features hydronic heating, air-conditioning, and a new roof. Complete with NPOA resort privileges, including door-to-ski shuttles, village access, golf, tennis, and recreation facilities, this property delivers an exceptional Northstar lifestyle.
Listing Details
Property History
Sale History · changed hands 1×
| Sold | Price | Listing agent (sell side) | Buyer agent (buy side) |
|---|---|---|---|
| Mar 2013 · county record | $1,375,500 | 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.
STR Investment Analysis
Yellow ZoneSTR Investment Summary — 1949 Gray Wolf, Truckee
Nightly rates and occupancy from Northstar / Martis Valley market data (85 comparable 4-bedroom rentals, 2026-08); 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.
Cost Segregation Tax Savings
Estimated first-year bonus depreciation savings