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About This Property
Experience the Northstar lifestyle from this thoughtfully updated mountain retreat, set on a level corner lot with mountain views and expansive outdoor living spaces. Warm alpine character carries throughout the home, where soaring ceilings and a gas fireplace anchor the spacious great room. The chef’s kitchen and adjoining dining area flow naturally into the main living spaces, creating an inviting setting for everyday living, entertaining and time with family and friends. Designed to comfortably accommodate a full house, the flexible floor plan features two primary suites, two spacious bedrooms with individual decks and a shared bathroom with steam shower, plus a dedicated bunk room. A recreation area and loft offer additional places to gather, relax or spread out, making the home particularly well suited for ski weekends, holidays, extended stays and multi generational gatherings. Expansive decks extend the living experience outdoors, while the level setting and mountain views create opportunities to enjoy the property throughout Northstar’s changing seasons. Numerous updates and upgrades further elevate the home while preserving its authentic mountain character. Home is part of the Northstar Propery Owners Association with full access to pool, clubhouse and all recreation amenities. Recreation center amenities include: Lap Pool, Lounge, Spas, Game Room, Fitness Center, Pickleball/Tennis Courts, Basketball Court, Bocce Ball, Playground. Main Pool and BBQ Rentals. More than a place to stay during ski season, 1237 Wagon Wheel offers a true four season home base with skiing, hiking, biking, trails and the greater Truckee and Lake Tahoe lifestyle close at hand.
Listing Details
Property History
Sale History · changed hands 1×
| Sold | Price | Listing agent (sell side) | Buyer agent (buy side) |
|---|---|---|---|
| Jan 2021 · via MLS history | $815,000 | — | — |
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.
STR Investment Analysis
Yellow ZoneSTR Investment Summary — 1237 Wagon Wheel, Truckee
Nightly rates and occupancy from Northstar / Martis Valley market data (83 comparable 4-bedroom rentals, 2026-10); 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
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 costsCost Segregation Tax Savings
Estimated first-year bonus depreciation savings
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