$25,000,000

Estimated payment $144,947/month

Total Views 21,512
7 Beds
7 Baths
10,000 Sq Ft
$2,500 Price per Sq Ft

Highlights

  • Panoramic View
  • Gated Community
  • Fireplace in Primary Bedroom
  • Truckee Elementary School Rated A-
  • 5.1 Acre Lot
  • Wood Flooring

About This Home

In a community of award-winning homes, possibly no home leaves you more speechless than this 10,000+ square foot Martis Camp estate. A captivating sense of awe consumes you the moment you set foot on this three-structure estate. Upon entering the main house, you encounter bold beams above the great room and a glass-encased dining room that seems to levitate above a world-class wine vault – just two of many features that define a mountain modern home that never ceases to impress, wowing even those who wake up to this scene every day. Such is the power of a place that is rare and refined, even within the realm of Tahoe’s most impressive homes. This estate covers more than five acres on an east facing ridge with a main house and guest house at opposite ends of the property and a breathtaking Tuscan-like entertainment veranda between them. The 180º views from the main home include southeast vistas just beyond the great room, pub, breakfast nook and kitchen. The left wing holds a corner bedroom with elevated views and intimate fireplace. Right of the entry leads to the primary suite with copper fireplace, access to the deck, a deep bath, and a spacious oval office with marble floor adjacent to the suite. The downstairs portion of this 7 bedroom, 8 full and 2 half bathroom estate is that stunning wine cellar and Napa Valley style tasting room, and a media room with fireplace, big screen tv, and a covered patio with firepit, tv and full-frontal views of Lookout Mountain and the Carson Range. There are two bedrooms downstairs as well, one with a private patio. The two-bedroom guest house, the first building on your right as you ascend the long and gentle driveway, has a two-car garage, and a great room with fireplace and mountain views. There’s a kitchen, dining room and primary suite on this floor and a separate bedroom downstairs. Perhaps this estate’s most popular gathering point is its entertainment pavilion a short walk from both the main home and guest house. Here you’ll find a great room with mini kitchen, big screen tv, tables and seating, and a murphy bed. The pavilion beyond features a wrap-around deck, firepit, barbecue bay, large tv, and lively dining area with pizza oven, outdoor lights, and views that hold skies of stars, sun, and the distinct profile of Lookout Mountain and the Carson Range. The combination of elements both man made and courtesy of Mother Nature enhance this estate and give it a rare and prestigious standing in Martis Camp, that community Forbes calls, “Possibly the best four-season private community in the U.S.”

Listing Agent

Kim Kennedy

Martis Camp Realty, Inc. License #01747997 Listed on: 12/18/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $82,506

Year Built

  • Built in 2017

Lot Details

  • 5.1 Acre Lot
  • Steep Slope

Property Views

  • Panoramic
  • Woods
  • Mountain

Home Design

  • Mountain Architecture

Interior Spaces

  • 10,000 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Multiple Fireplaces
  • Mud Room
  • Great Room
  • Living Room with Fireplace
  • Home Office
  • Workshop
  • Surveillance System

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Fireplace in Primary Bedroom
  • 7 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 4 Car Attached Garage
  • Heated Garage
  • Garage Door Opener

Utilities

  • Radiant Heating System
  • Utility District

Additional Features

  • Multiple Outdoor Decks
  • Design Review Required

Community Details

Overview

  • Property has a Home Owners Association
  • $500 HOA Transfer Fee
  • Martis Valley Community
  • Greenbelt

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$82,506

Year Built

Built in 2017

Lot Details

0

Listing Details

  • Age: 10-15 Years
  • Alarm YN: Y
  • Estimated Lot Size: 5.01 - 10.00
  • Community: Martis Valley
  • Directions: Schaffer Mill Rd., Right on Valhalla Dr., Right on Cairncroft Ln., Left on Olana Dr. Home on Right.
  • Number of Acres: 5.1
  • Service Type: Full Service
  • Setting: Greenbelt
  • SPCDISC: Architectural Review
  • Sub-Area: 7SO
  • Sub-Status: Standard
  • Topography: Upslope, Steep
  • Year Built: 2017
  • Zoning: R-1
  • Cross Street: Cairncroft Ln
  • Other: Pantry, High Ceilings, Wine Room, Air Conditioning
  • Sewer: Utility District
  • Estimated Sq Ft: ESTIMATE
  • Architecture: Mountain
  • Gated: To Subdivision
  • Property Condition: Like New
  • Security: Alarm System, Visual Surveillance
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Heating: Radiant
  • Estimated Sq Ft: 10000
  • Stories: Two
  • Water Company: NCSD
  • Gas: Natural
  • Water: Utility District, Water Company
  • Appliances: Range, Oven, Microwave, Disposal, Dishwasher, Refrigerator, Washer, Dryer, Other
  • Bonus Rooms: Great Room, Office, Mud Room, Workshop, 3 Ensuite
  • Fireplace: Living Room, Master Bedroom, 2 or +, Gas Fireplace
  • Furnished: Mostly
  • Bathrooms: 7+
  • Bedrooms: 7+
  • Floor Coverings: Carpet, Wood, Stone

Exterior Features

  • View: Peek, Panoramic, Wooded, Mountain, Ski Resort
  • Construction Exterior: Masonry
  • Decks: 2
  • Construction Phase: FINISHED

Garage/Parking

  • Garage: Four +
  • Garage/Parking: Attached, Heated, Gar Door Opener

Utilities

  • Laundry: Room, Other

Condo/Co-op/Association

  • HOA Fees: 1900
  • HOA Transfer Fee: $500
  • HOA Membership: Y

Fee Information

  • Private Transfer Fee Amount: 1%
  • Private Transfer Fee YN: Y

Lot Info

  • Lot Number: 41
  • Lot Dimensions: IRR

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $82,506 $7,749,086 $1,256,047 $6,493,039
2023 $82,506 $7,448,181 $1,207,274 $6,240,907
2022 $80,976 $7,302,139 $1,183,602 $6,118,537
2021 $77,653 $7,158,961 $1,160,395 $5,998,566
2020 $78,647 $7,085,556 $1,148,497 $5,937,059
2019 $79,170 $6,946,625 $1,125,978 $5,820,647
2018 $75,805 $6,810,417 $1,103,900 $5,706,517
2017 $32,779 $2,892,978 $1,082,255 $1,810,723
2016 $21,971 $1,884,293 $1,061,035 $823,258
2015 $21,453 $1,855,990 $1,045,098 $810,892
2014 -- $1,819,634 $1,024,626 $795,008
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2024 12/18/24 For Sale $25,000,000 -- $2,500 / Sq Ft
Source: Tahoe Sierra Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Grant Deed -- Fidelity Natl Title Co Of Ca
Grant Deed -- Fidelity Natl Title Co Of Ca
Grant Deed $937,500 Fidelity Natl Title Co Of Ca
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $5,000,000 Credit Line Revolving
Closed $6,920,000 New Conventional
Closed $5,400,000 Adjustable Rate Mortgage/ARM
Closed $100,000 Commercial
Closed $5,500,000 Adjustable Rate Mortgage/ARM
Closed $4,600,000 Adjustable Rate Mortgage/ARM
Closed $4,000,000 Credit Line Revolving
Closed $1,920,000 Adjustable Rate Mortgage/ARM
Closed $4,200,000 Construction
Previous Owner $1,287,000 Purchase Money Mortgage
Source: Public Records

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20242466

Tahoe Sierra Board of REALTORS®

APN: 106-030-001