10981 Olana Dr Truckee, CA 96161
Martis Camp NeighborhoodEstimated payment $144,947/month
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.”
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
12/18/2024 12/18/24 | For Sale | $25,000,000 | -- | $2,500 / Sq Ft |
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 |
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: Tahoe Sierra Board of REALTORS®
MLS Number: 20242466

APN: 106-030-001
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