$1,245,000
3001 Northstar Drive #305
Truckee, CA 96161
STR Status Unknown
2 Beds
·
2.0 Baths
·
1,215 Sq Ft

About This Property

Perched on the top floor of Iron Horse North in the heart of the Village at Northstar, this residence combines the ultimate mountain setting with the conveniences of Village living. Soaring 12-foot vaulted ceilings and floor-to-ceiling windows flood the open living and dining areas with natural light while framing sweeping 20-mile views across Martis Valley. With no upstairs neighbor clomping around in ski boots and complete privacy--no one looking in through your windows--you'll enjoy a true sense of retreat in every season. The thoughtfully designed layout offers two bedrooms and two baths, including a bunkroom that comfortably sleeps up to four, making it ideal for hosting family and friends. The kitchen features a full KitchenAid stainless-steel appliance suite with a gas range, while the spacious living area centers around a large gas fireplace--perfect for cozy winter evenings. Step outside onto the expansive deck to take in the fresh mountain air and stunning alpine views. Ownership at Iron Horse North means access to an array of amenities, including a private ground-floor fitness center and hot tubs just steps away in Iron Horse South, plus year-round access to the Swim & Fitness Center adjacent to the Village. Heated underground parking, secure storage, and ground-floor lockers ensure your gear is always ready for adventure. Best of all, properties in the Village are exempt from short-term rental permitting, offering flexibility for owners.

Listed by Tori Long — Carr Long Real Estate

Listing Details

Status Active
MLS # 20251942
Days on Market 207
Price/Sq Ft $1,025

Property History

Aug 23, 2025
Listed for sale
$1,245,000
Property Overview
Beds 2
Baths 2.0
Sq. Ft. 1,215
Stories 1
Year Built 2005
Property Type Residential
Style Mountain
Subdivision Northstar
APN 103-060-018
Parking
Parking Features One
Exterior & Lot
Exterior Features High Ceilings,Cable TV,Swimming Pool,Ski In/Ski Out
Lot Features Level
View Wooded,Mountain,Ski Resort
Construction Framed,Steel
Roof Composition
Utilities & Systems
Heating Natural Gas
Financial
HOA Fee $1,687
HOA & Community
Community Amenities Pool,Down Hill Skiing,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% ($249,000)
Home price
$1,245,000
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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