$1,350,000 Active
4001 Northstar Drive #310
Truckee, CA 96161

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✓ STR Allowed — No Permit Needed
Placer County lists Iron Horse as an approved condo-hotel (county list of March 16, 2026), so its units need no county STR permit. Check the building's own rental rules.
2 Beds
·
2.0 Baths
·
1,205 Sq Ft

Our data on this home

About This Property

A stunning, full remodel, and ideally positioned in Iron Horse South in the Village at Northstar, this exceptional 2-bedroom, 2-bath residence pairs contemporary luxury with an effortless mountain resort lifestyle. Sweeping views of Northstar’s ski terrain and the Village ice skating rink create an atmospheric backdrop, best enjoyed from the private deck after a day exploring the mountain. Remodeled from top to bottom with no expense spared, the residence now showcases completely updated bathrooms with TOTO Washlet bidet seats, new flooring throughout, bespoke designer finishes and fixtures, and an all new Lutron lighting system. A beautifully appointed kitchen anchors the residence through built-in custom cabinetry, luxury Cambria countertops, and newly updated KitchenAid appliances. A Cambria marble-surround gas fireplace and a smart thermostat add modern comfort plus convenience. Just a short walk to the Highlands Gondola, with an effortless gravitational return to Iron Horse South, this residence also offers heated underground parking, ground-level ski lockers, and fitness facilities for a premier village resort experience.

Listed by Tori Long — Carr Long Real Estate

Listing Details

Status Active
MLS # 20262122
Days on Market 8
Price/Sq Ft $1,120

Property History

Oct 14, 2026
Listed for sale
$1,350,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Jan 2025 $1,300,000 Lisa SmithCarr Long Real Estate Tori LongCarr Long Real Estate

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 2
Baths 2.0
Sq. Ft. 1,205
Year Built 2007
Property Type Residential
Style Mountain
Subdivision Northstar
County Placer
STR Jurisdiction Placer County
APN 103080020
Parking
Parking Features None, Attached, Heated Garage
Attached Garage Yes
Exterior & Lot
Lot Features Condo/PUD Project, Rental History, Ski In/Ski Out
View Mountain(s), Ski Resort
Roof Composition, Metal
Pool & Spa
Pool Swimming Pool
Utilities & Systems
Heating Natural Gas
Cooling Air Conditioning
Financial
HOA Fee $1,701 / Monthly
HOA & Community
Community Amenities Exercise Equipment
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STR Investment Analysis

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

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Premium
63
PROJECTED GROSS ANNUAL REVENUE
$50K – $90K typically ~$70,000
~$5,833 per month
Avg Nightly
$516
Occupancy
37%
Cap Rate
2.0%

STR Investment Summary — 4001 Northstar Drive #310, Truckee

Est. Gross Annual Revenue
$50K – $90K
typically ~$70,000
Avg Nightly Rate
$516
Projected Occupancy
37.2%
Cap Rate
2.0%
Structural Score: 63 / 100 (Premium) · STR Zone: Green

Nightly rates and occupancy from Northstar / Martis Valley market data (122 comparable 2-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

$1,400 – $1,700/yr
about $129/mo
Est. Rebuild Cost (Coverage A)
$361,500
FAIR Plan (fire)
$1,200/yr
DIC wrap (theft, water, liability)
$200 – $500/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

$9,842 per month
Principal & interest
$6,826/mo
Property taxes
$1,186/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
$1,701/mo
From MLS listing data.
Home insurance
$129/mo
CA FAIR Plan + DIC estimate, ~$1,400–$1,700/yr — wildfire-zone rates vary; not a bindable quote.
Down payment
20% ($270,000)
Home price
$1,350,000
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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