$5,800,000 Active
265 Laura Knight
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.
5 Beds
·
4.5 Baths
·
4,380 Sq Ft
Virtual Tour

About This Property

Extensively upgraded and meticulously maintained, this exceptional mountain retreat blends luxury, comfort, and thoughtful functionality. Inside, the home has been beautifully refreshed with refaced cabinetry, custom built-ins, designer finishes, expanded storage solutions, smart home enhancements, and numerous custom improvements throughout. The wine cellar has been expanded, the garage transformed with premium organization systems, a Tesla charger, automated overhead storage, and a generator hookup, while mechanical upgrades—including humidifiers and HRVs—enhance year-round comfort. Outdoor living has been equally elevated with professionally redesigned landscaping, expanded parking, a custom fire pit terrace, oversized spa, gas line for a pizza oven, and improved mountain views. Every enhancement reflects quality craftsmanship and pride of ownership, creating a truly turnkey Truckee retreat designed for effortless mountain living. House is being sold fully furnished with a few exclusions.

Listed by Breck Overall — Sierra Sotheby's Int - Rock

Listing Details

Status Active
MLS # 20261472
Days on Market 52
Price/Sq Ft $1,324

Property History

Jul 15, 2026
Listed for sale
$5,800,000

Sale History · changed hands 2×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Aug 2020 · via MLS history $3,650,000
Aug 2023 $5,000,000 (+37%) Wm. Mark MurrellMartis Camp Realty, Inc.

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 5
Baths 4.5
Sq. Ft. 4,380
Lot Size 0.64 acres
Year Built 2018
Property Type Single Family Residence
Style Mountain
Subdivision Martis Valley
County Placer
STR Jurisdiction Placer County
APN 109240008000
Parking
Parking Features Four +, Attached, Garage Door Opener, Oversized
Attached Garage Yes
Exterior & Lot
Lot Features Street, Landscaped
View Panoramic, Trees/Woods, Mountain(s)
Utilities & Systems
Heating Natural Gas, CFAH, In Floor
Cooling Air Conditioning
Financial
HOA Fee $6,500 / Other/ See Remarks
HOA & Community
Community Amenities Pool, Tennis Court(s), Golf Course, Cross Country Skiing, Exercise Equipment
📊

STR Investment Analysis

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

STR Investment Analysis

Yellow Zone
STRUCTURAL SCORE Premium
71
PROJECTED GROSS ANNUAL REVENUE
$85K – $125K typically ~$105,000
~$8,750 per month
Avg Nightly
$899
Occupancy
32%
Cap Rate
0.7%

STR Investment Summary — 265 Laura Knight, Truckee

Est. Gross Annual Revenue
$85K – $125K
typically ~$105,000
Avg Nightly Rate
$899
Projected Occupancy
32.0%
Cap Rate
0.7%
Structural Score: 71 / 100 (Premium) · STR Zone: Yellow

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

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% ($1,160,000)
Home price
$5,800,000
Loan details
30-yr fixed, 6.5%
Request a Tour

We'll contact you soon.

R
Real Estate Tahoe
Real Estate Agent

Send a Message