$525,000 Active Partial Ownership
Heads up: This listing is a partial ownership / fractional share — you would be buying a share of the property (not the whole home). Carefully review the listing details and any ownership documents before making an offer.
1723 Grouse Ridge Road
Truckee, CA 96161
✓ STR Allowed — Permit Required
Placer County STR permit required. County-wide cap of 3,900 permits — new permits available until cap is reached.
4 Beds
·
4.5 Baths
·
4,141 Sq Ft
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About This Property

New co-ownership opportunity by Pacaso: Own one-eighth of Pine View, a professionally managed, turnkey home. Set within Northstar, this 4-bedroom, 4.5-bath timber-frame home offers mountain-inspired design, generous gathering spaces and convenient access to skiing, hiking and biking trails. A private path leads to Northstar Village in approximately 10 minutes, with access to community shuttle service and amenities. The great room features soaring beamed ceilings, stone flooring and a fireplace, creating an inviting central gathering space. The gourmet kitchen includes wood cabinetry, a large island with seating and prep space, stainless steel appliances, and adjacent dining and breakfast areas. Glass doors open to outdoor living spaces with a built-in outdoor kitchen, dining area and forest views. The primary suite features vaulted beamed ceilings, a private balcony and an en suite bathroom with dual vanities. A bunk room offers additional sleeping accommodations and flexible use space. The lower level includes a media room with fireplace, access to a patio and hot tub, plus additional guest bedrooms and bathrooms. Community amenities include pools, tennis courts, fitness facilities and recreation areas. Offered fully furnished and professionally decorated.

Listed by Maxx Rifkin — Pacaso, Inc.

Listing Details

Status Active
MLS # 20260993
Price/Sq Ft $127

Property History

May 26, 2026
Listed for sale
$525,000
Property Overview
Beds 4
Baths 4.5
Sq. Ft. 4,141
Stories 3
Year Built 1999
Property Type Residential
Style Mountain
Subdivision Northstar
County Placer
STR Jurisdiction Placer County
APN 110-540-003-000
Parking
Parking Features Two
Exterior & Lot
Exterior Features High Ceilings,Tennis Court,Hot Tub,Air Conditioning
View Wooded
Roof Composition
HOA & Community
Community Amenities Pool,Tennis Courts,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 Excellent
87
PROJECTED ANNUAL REVENUE
$142,500 ($118K – $167K range)
~$11,875 per month
Avg Nightly
$485
Occupancy
68%
Cap Rate
5.2%

STR Investment Summary — 1723 Grouse Ridge Road, Truckee

Est. Annual Revenue
$78,394
Avg Nightly Rate
$737
Projected Occupancy
29.6%
Cap Rate
6.0%
Structural Score: 61 / 100 (Premium) · STR Zone: Yellow

Based on comparable vacation rental performance data for Truckee. Revenue projections are estimates and may vary.

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

$0 per month
Principal & interest
$0
Property taxes
$0
HOA dues
$0
From MLS listing data.
Home insurance
$0
Insurance estimate only — Tahoe wildfire-zone rates vary; get a local broker quote for accuracy.
Down payment
20% ($105,000)
Home price
$525,000
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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