$8,995,000
$200K PRICE DROP

Estimated payment $55,288/month

Total Views 15,021
5 Beds
6 Baths
5,417 Sq Ft
$1,661 Price per Sq Ft

Highlights

  • Gated Community
  • View of Trees or Woods
  • Fireplace in Primary Bedroom
  • Truckee Elementary School Rated A-
  • 1.57 Acre Lot
  • Recreation Room

About This Home

A golf membership is available with this property. There are two radically different forms of streaming entertainment underway at this newly renovated Martis Camp home. In the bunkroom, a group of teens is engaged in a movie marathon. Meanwhile, upstairs, the presently preferred form of streaming involves sliding the pocket doors away to welcome the great outdoors in, kicking back by the fire, and getting lost in a book, with the distinct possibility of lapsing into a nap. The recent makeover of this home breathes a fresh elegance into its atmosphere and further brightens its 5,417 square feet. Spaciousness is evident at all points, from the kitchen with abundant windows to the impressive great room whose pocket doors slide out of sight, to the collection of bedrooms that all possess their own sense of place and privacy. Even the hot tub on the private downstairs patio is pleasantly expansive. An air of casual sophistication is apparent from the moment you walk through the door and face a great room with vaulted ceilings, a towering fireplace of stone and metal, and access to a deck with inspiring views. Quality, care, and detail have been applied at all corners of this home to give it a prominent standing among Martis Camp’s premier homes. Kitchen cabinets have been refreshed, furnishings have been hand-selected to complement the spirit of the scene, and there’s a new lighting system with custom fixtures that frame this home in a cosmopolitan light. The primary suite has its own deck and the downstairs is a playful spread whose bunk room has a kitchenette, three tvs, nearby gym, and adjacent veranda with hot tub and fire pit. The iconic 1.5+ acre location furthers its appeal. The Camp Lodge is a short stroll down the street while the surrounding spaces lead to trails in the national forest and an open space corridor that leads to the practice field of Tom Fazio’s award-winning 18-hole masterpiece.

Listing Agent

Dominic Cristalli

Martis Camp Realty, Inc. License #01983777 Listed on: 06/24/2025

Co-Listing Agent

Mark Murrell

Martis Camp Realty, Inc. License #01390661

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $83,597

Year Built

  • Built in 2015

Lot Details

  • 1.57 Acre Lot
  • Level Lot

HOA Fees

  • $633 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Woods
  • Mountain

Home Design

  • Mountain Architecture
  • Composition Roof

Interior Spaces

  • 5,417 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Vaulted Ceiling
  • Multiple Fireplaces
  • Mud Room
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Surveillance System

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Location

  • Design Review Required

Utilities

  • Heating System Uses Natural Gas
  • Utility District

Community Details

Overview

  • $500 HOA Transfer Fee
  • Martis Valley Community

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$83,597

Year Built

Built in 2015

Lot Details

0

HOA Fees

$633 per month

Listing Details

  • Age: 5-10 Years
  • Alarm YN: Y
  • Estimated Lot Size: 1.51 - 2.50
  • Community: Martis Valley
  • Directions: Schaffer Mill Rd., Right on Olana Dr., Right on Valhalla, Home on Left.
  • Number of Acres: 1.57
  • Service Type: Full Service
  • Setting: Street
  • SPCDISC: Architectural Review
  • Sub-Area: 7SO
  • Sub-Status: Standard
  • Topography: Level
  • Year Built: 2015
  • Zoning: R-1
  • Cross Street: Olana
  • Other: Pantry, High Ceilings, Hot Tub, Wine Room, Air Conditioning
  • Sewer: Utility District
  • Estimated Sq Ft: BUILDING DEPARTMENT
  • Architecture: Mountain
  • Gated: To Subdivision
  • Security: Alarm System, Visual Surveillance
  • Sign YN: Y
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Heating: Natural Gas
  • Estimated Sq Ft: 5417
  • Stories: Three
  • Water Company: NCSD
  • Gas: Natural
  • Water: Utility District, Water Company
  • Appliances: Range, Oven, Microwave, Disposal, Dishwasher, Refrigerator, Washer, Dryer, Other
  • Bonus Rooms: Office, Rec Room, Formal Dining, Mud Room, 4 or More Ensuite
  • Fireplace: Family Room, Master Bedroom, 2 or +, Gas Fireplace
  • Furnished: Mostly
  • Bedrooms: 5
  • Floor Coverings: Carpet, Wood

Exterior Features

  • View: Wooded, Mountain
  • Construction Exterior: Framed
  • Roof: Composition
  • Construction Phase: FINISHED

Garage/Parking

  • Garage: Two
  • Garage/Parking: Attached

Utilities

  • Laundry: Room

Condo/Co-op/Association

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

Fee Information

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

Lot Info

  • Lot Number: 185
  • 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 $83,597 $7,932,529 $2,653,020 $5,279,509
2023 $83,597 $7,624,500 $2,550,000 $5,074,500
2022 $82,205 $7,475,000 $2,500,000 $4,975,000
2021 $70,005 $6,495,000 $2,000,000 $4,495,000
2020 $57,610 $5,196,755 $1,244,796 $3,951,959
2019 $58,000 $5,094,859 $1,220,389 $3,874,470
2018 $55,674 $4,994,960 $1,196,460 $3,798,500
2017 $54,805 $4,897,020 $1,173,000 $3,724,020
2016 $50,894 $4,476,476 $770,814 $3,705,662
2015 $27,571 $2,409,236 $759,236 $1,650,000
2014 $9,850 $855,364 $744,364 $111,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2025 09/06/25 Price Changed $8,995,000 -2.2% $1,661 / Sq Ft
06/24/2025 06/24/25 For Sale $9,195,000 +8.5% $1,697 / Sq Ft
07/29/2021 07/29/21 Sold $8,475,000 -0.2% $1,565 / Sq Ft
03/15/2021 03/15/21 Pending -- -- --
02/18/2021 02/18/21 For Sale $8,495,000 +30.8% $1,568 / Sq Ft
09/14/2020 09/14/20 Sold $6,495,000 0.0% $1,201 / Sq Ft
08/06/2020 08/06/20 Pending -- -- --
08/04/2020 08/04/20 For Sale $6,495,000 +31.2% $1,201 / Sq Ft
01/05/2016 01/05/16 Sold $4,951,000 -0.9% $914 / Sq Ft
11/11/2015 11/11/15 Pending -- -- --
07/01/2015 07/01/15 For Sale $4,995,000 -- $922 / Sq Ft
Source: Tahoe Sierra Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Grant Deed $8,475,000 Fidelity Natl Ttl Co Of Ca
Grant Deed $6,495,000 Fidelity Natl Ttl Co Of Ca
Grant Deed $4,951,000 Fidelity National Title Co
Grant Deed $741,000 Fidelity National Title Co
Grant Deed $697,000 Fidelity Natl Title Co Of Ca
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $5,000,000 New Conventional
Previous Owner $4,000,000 New Conventional
Previous Owner $3,218,150 Adjustable Rate Mortgage/ARM
Source: Public Records

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20251389

Tahoe Sierra Board of REALTORS®

APN: 106-100-023