$15,995,000
8133 Valhalla Drive
Truckee, CA 96161
STR Status Unknown
6 Beds
·
7.0 Baths
·
9,783 Sq Ft
·
174240 Lot
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About This Property

Set on nearly four acres in the heart of Martis Camp, 8133 Valhalla Drive is more than just a home, it is one of Tahoe’s most iconic legacy estates, an uncompromising expression of mountain architecture, family connection, and timeless design. With 9,783 square feet of living space, this extraordinary residence was designed as a sanctuary for generations, where every corner reflects intention, warmth, and the serenity of the High Sierra. From the moment you arrive via the private circular drive, past cascading waterfalls and into a grand courtyard flanked by dual garages, you feel the estate’s singular presence. The main home unfolds across expansive indoor-outdoor spaces, where the sunlit great room, towering beamed ceiling, and walls of glass reveal breathtaking views of forest, fairway, and the ridgelines of Northstar California’s Lookout Mountain. Fronting the practice field and backing to the 17th green of the Tom Fazio masterpiece, with the Camp Lodge a short walk away, the home offers a front-row seat to the very best of Martis Camp. The crescent-shaped back patio, with its water feature, stone pathways, and vibrant landscape, frames every gathering in natural beauty. Anchoring the patio are a large hot tub, circular firepit, and a trail leading to a private guest house complete with its own living room, kitchen, fireplace, and bedroom suite. Inside, the kitchen is thoughtfully appointed with Wolf, Sub-Zero, and Miele appliances, and is complemented by a full-service pantry with wine fridge, secondary dishwasher, warming drawers, and additional cold storage. Multiple dining spaces, both formal and informal, capture the home’s ideal south-facing orientation, delivering golden light throughout the seasons. Each of the bedrooms is a retreat, but the primary suite elevates owner living to new heights with its own library, office, fireplace, steam shower, and private patio with hot tub access. Other highlights include a bunk room, a whimsical children’s playroom hidden behind a storybook-sized tree trunk door, and an entertainment wing with billiards room, home theater, and a deck perched above the 17th green. Additional features include a five-car garage and a carriage house with flex space, gym, sauna, and full bath. As Forbes once said, “Martis Camp may be the best four-season private community in the U.S.” — and there is no home that captures its spirit quite like this one. This is not just a home. It’s a once-in-a-lifetime opportunity to own the crown jewel of Martis Camp—a place built for generational memories.

Listed by Kim Kennedy — Martis Camp Realty, Inc.

Listing Details

Status Active
MLS # 20251295
Days on Market 277
Price/Sq Ft $1,635

Property History

Jun 14, 2025
Listed for sale
$15,995,000
Property Overview
Beds 6
Baths 7.0
Sq. Ft. 9,783
Lot Size 4.00 acres
Stories 2
Year Built 2012
Property Type Single Family Residence
Style Mountain
Subdivision Martis Valley
APN 106-100-027
Parking
Parking Features Four +
Exterior & Lot
Exterior Features Pantry,High Ceilings,Landscaping,Phone,Cable TV,High Speed Internet,Hot Tub,Sauna,Air Conditioning
Lot Features Level
View Mountain,Golf,Ski Resort
Construction Framed
Roof Composition
Utilities & Systems
Heating Natural Gas,Hydronic,In Floor
Financial
HOA Fee $2,000
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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% ($3,199,000)
Home price
$15,995,000
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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