$1,285,000
970 Northstar Drive #306
Truckee, CA 96161
STR Status Unknown
2 Beds
·
2.0 Baths
·
1,238 Sq Ft
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About This Property

The Northstar Lodge has a prime ski-in location at the base of Home Run with direct access to the Highlands gondola providing an easy connection to skiing and The Ritz-Carlton, Lake Tahoe. Spacious and inviting, this two bedroom residence is the perfect adventure hub year-round to explore Northstar and the Lake Tahoe area. A very livable layout is enhanced with thoughtful high end finishes such as large windows, Viking appliances, hardwood floors and roomy bathrooms. The bedrooms feel private and well-appointed and the balcony enjoys forest and beautiful mountain views. Residence 306 is conveniently located in the main building which allows for convenient access to amenities including a ski valet, front desk, movie theater, pool, hot tub and activity center. Owners appreciate the underground heated parking and proximity to the Village shops and restaurants.

Listed by Katie Tyler — Tahoe Mountain Realty

Listing Details

Status Active
MLS # 20250822
Days on Market 313
Price/Sq Ft $1,038

Property History

May 09, 2025
Listed for sale
$1,285,000
Property Overview
Beds 2
Baths 2.0
Sq. Ft. 1,238
Stories 1
Year Built 2008
Property Type Residential
Style Mountain
Subdivision Northstar
APN 705-306-000-000
Parking
Parking Features One
Exterior & Lot
Lot Features Level
View Mountain,Ski Resort
Utilities & Systems
Heating CFAH
Financial
HOA Fee $8,986
HOA & Community
Community Amenities Pool,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%

Payment calculator

$0 per month
Principal & interest
$0
Property taxes
$0
HOA dues
$0
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($257,000)
Home price
$1,285,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Real Estate Agent
License #CA 02235314

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