NOT LISTED FOR SALE

Estimated Value: $6,633,000 - $14,533,942

6 Beds
6.5 Baths
7,046 Sq Ft
$1,429/Sq Ft Est. Value

Last Sold November 07, 2024

Last sale price $13,800,000 $1,959 Per Sq Ft

Est. 27% decrease in value since last sale

Current estimated payment $56,318/month

229 Days on Market

Highlights

  • New Construction
  • Panoramic View
  • 1.74 Acre Lot
  • Truckee Elementary School Rated A-
  • Gated Community
  • Living Room with Fireplace

About This Home

As of November 2024

Not far from the front door of this 7,046 square foot estate is the Martis Camp Practice Range and a touch further is the Camp Lodge and Family Barn. To the West, you have easy access to extensive trails for hiking and biking. This is assuming you have the power to pull yourself away from a great room and adjoining patio graced with riveting large views. The kitchen and dining room share those magnificent views of Lookout Mountain as well and also access the patio and firepit via tall sliding windows. There’s an office with a fireplace and deck access and, beyond the kitchen, a primary suite with those same mountain views from its own private deck. The sunset side of this home has its own patio with hot tub, built-in barbecue bay, pizza oven and a covered/heated dining area. There’s a junior suite that, like the kitchen, opens up to this back patio. The starboard wing of this home features three bedrooms, all bestowed with fine views and one with access to the patio. At other times of the day or night, the downstairs reigns as the epicenter of activity with a media room and bunk room. In this 6-bed/6.5-bath home, views are captured in oversized Reynaers European oversized windows. Floors are Mediterranean oak, cabinets are Scavolini, and countertops are Decton and Neolite. Appliances are Thermador and Miele. Those details, along with the design features of this home, are accented by an ideal location within a community that Forbes proclaimed, “Possibly the best four-season private community in the U.S.”

Last Agent to Sell the Property

Kim Kennedy

Martis Camp Realty, Inc. License #01747997 Listed on: 02/21/2024

Last Buyer's Agent

Kim Kennedy

Martis Camp Realty, Inc. License #01747997 Listed on: 02/21/2024

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 1.74 Acre Lot
  • Lot Sloped Up

Parking

  • 3 Car Attached Garage

Property Views

  • Panoramic
  • Mountain

Home Design

  • Mountain Architecture
  • Slab Foundation
  • Metal Roof

Interior Spaces

  • 7,046 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Multiple Fireplaces
  • Mud Room
  • Great Room
  • Living Room with Fireplace
  • Home Office
  • Recreation Room
  • Surveillance System

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Location

  • Design Review Required

Utilities

  • Hydronic Heating System
  • Utility District

Community Details

Overview

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

Security

  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2024 | New Construction

Lot Details

1.74 Acres

Listing Details

  • Age: Brand New
  • Alarm YN: Y
  • Estimated Lot Size: 1.51 - 2.50
  • Community: Martis Valley
  • Directions: Schaffer Mill Rd. Right on Olana Dr. Left on Valhalla. In a half mile, home on Right.
  • Number of Acres: 1.74
  • Service Type: Full Service
  • Setting: Street
  • SPCDISC: Architectural Review
  • Sub-Area: 7SO
  • Sub-Status: Standard
  • Topography: Upslope
  • Year Built: 2024
  • Zoning: R-1
  • Cross Street: Olana Dr.
  • Other: High Ceilings, Hot Tub, Air Conditioning
  • Sewer: Utility District
  • Estimated Sq Ft: PLANS
  • Architecture: Mountain
  • Gated: To Subdivision
  • Property Condition: New
  • Security: Alarm System, Visual Surveillance
  • Sign YN: Y
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Heating: Hydronic
  • Estimated Sq Ft: 7046
  • Stories: Three
  • 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, Rec Room, Mud Room
  • Fireplace: Living Room, 2 or +, Gas Fireplace
  • Furnished: Mostly
  • Bedrooms: 6
  • Floor Coverings: Carpet, Tile, Wood
  • Main Floor Half Bathrooms: 1

Exterior Features

  • View: Peek, Filtered, Panoramic, Mountain, Ski Resort
  • Construction Exterior: Steel, Other
  • Foundation: Other, Slab
  • Roof: Metal
  • Construction Phase: FINISHED

Garage/Parking

  • Garage: Three
  • Garage/Parking: Attached

Utilities

  • Laundry: Other, Room

Condo/Co-op/Association

  • HOA Fees: 1850
  • HOA Transfer Fee: $500
  • HOA Membership: Y

Fee Information

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

Lot Info

  • Lot Number: 149
  • Lot Dimensions: IRR

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Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2024
Closed on
Oct 31, 2024
Sold by
Mc 149 Corp
Bought by
Jennifer B Cunningham Trust and Cunningham
Seller's Agent
Kim Kennedy
Martis Camp Realty, Inc.
Buyer's Agent
Kim Kennedy
Martis Camp Realty, Inc.
List Price
$14,995,000
Sold Price
$13,800,000
Premium/Discount to List
-$1,195,000
-7.97%
Views
55
Current Estimated Value
$10,071,314

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,728,686
Avg. Annual Appreciation
-20.54%

Purchase Details

Listed on
Jun 15, 2020
Closed on
Oct 1, 2020
Sold by
Rinnovo Group Inc
Bought by
Mc 149 Corp
Seller's Agent
Jeffrey Hull
Martis Camp Realty, Inc.
Buyer's Agent
Kim Kennedy
Martis Camp Realty, Inc.
List Price
$1,695,000
Sold Price
$1,695,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
63.98%

Purchase Details

Listed on
Jun 15, 2020
Closed on
Aug 5, 2020
Sold by
Hanson Mark
Bought by
To Rinnovo Group Inc
Seller's Agent
Jeffrey Hull
Martis Camp Realty, Inc.
Buyer's Agent
Kim Kennedy
Martis Camp Realty, Inc.
List Price
$1,695,000
Sold Price
$1,695,000

Purchase Details

Closed on
Mar 18, 2015
Sold by
Hanson Kerin
Bought by
Hanson Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$563,875
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 16, 2015
Sold by
Freeman Conrad and Freeman Lee Ann
Bought by
Hanson Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$563,875
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 10, 2007
Sold by
Dmb/Highlands Group Llc
Bought by
Freeman Conrad J and Freeman Lee Ann
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jennifer B Cunningham Trust $13,800,000 Fidelity National Title
Mc 149 Corp -- None Available
To Rinnovo Group Inc $1,695,000 Fidelity Natl Ttl Co Of Ca
Hanson Mark -- Fidelity National Title Co
Hanson Mark $867,500 Fidelity National Title Co
Freeman Conrad J $796,500 Fidelity Natl Title Co Of Ca
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hanson Mark $563,875
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/07/2024 11/07/24 Sold $13,800,000 -8.0% $1,959 / Sq Ft
11/03/2024 11/03/24 For Sale $14,995,000 0.0% $2,128 / Sq Ft
10/07/2024 10/07/24 Pending -- -- --
09/25/2024 09/25/24 Pending -- -- --
02/21/2024 02/21/24 For Sale $14,995,000 +784.7% $2,128 / Sq Ft
08/11/2020 08/11/20 Sold $1,695,000 0.0% -- View Prior Sale
08/03/2020 08/03/20 Pending -- -- --
06/15/2020 06/15/20 For Sale $1,695,000 -- --
Source: Tahoe Sierra Board of REALTORS®

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 $40,091 $13,800,000 $4,500,000 $9,300,000
2023 $40,091 $2,510,478 $1,763,478 $747,000
2022 $21,850 $1,962,900 $1,728,900 $234,000
2021 $18,613 $1,695,000 $1,695,000 $0
2020 $11,022 $953,327 $953,327 $0
2019 $11,087 $934,635 $934,635 $0
2018 $10,691 $916,309 $916,309 $0
2017 $10,525 $898,343 $898,343 $0
2016 $10,461 $880,729 $880,729 $0
2015 $10,250 $870,506 $870,506 $0
2014 $9,830 $853,454 $853,454 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20241373

Tahoe Sierra Board of REALTORS®

APN: 106-090-015

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