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For sale
  • $25,000,000

    10981 Olana Dr, Truckee, CA 96161

    7beds
    --baths
    10,000sqft
    : 
    Single Family Residence
    Built in 2017
    5.1 Acres Lot
    $22,001,100 Zestimate®
    $2,500/sqft
    $633/mo HOA

    What's special

    Copper fireplaceIntimate fireplaceMountain viewsElevated viewsDeep bathTuscan-like entertainment verandaEntertainment pavilion
    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.”
    241 days
    on Zillow
    |
    2,564
    |
    92
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    Zillow last checked: 7 hours ago

    Listing updated: January 24, 2025 at 02:50pm

    Listed by:

    Kim Kennedy 530-414-1356,

    Martis Camp Realty, Inc.

    Source: TSMLS,MLS#: 20242466MLS Logo
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    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    Heating
    • Radiant
    Cooling
    • Air Conditioning
    Appliances
    • Included: Range, Oven, Microwave, Disposal, Dishwasher, Refrigerator, Washer, Dryer, Other
    • Laundry: Laundry Room, Other
    Features
    • Pantry, High Ceilings, Wine Room, Great Room, Office, Mud Room, Workshop
    • Flooring: Carpet, Wood, Stone
    • Has fireplace: Yes
    • Fireplace features: Fireplace: Living Room, Master Bedroom, 2 or +, Gas Fireplace
    Interior area
    • Total structure area: 10,000
    • Total interior livable area: 10,000 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Attached, Heated Garage, Garage Door Opener, Four +
    • Has attached garage: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Deck(s): 2
    • Has view: Yes
    • View description: Peek, Panoramic, Trees/Woods, Mountain(s), Ski Resort
    Lot
    • Size: 5.1 Acres
    • Features: Greenbelt
    • Topography: Upslope,Steep
    Details
    • Parcel number: 106030001
    • Zoning description: R-1
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Mountain
    • Property subtype: Single Family Residence
    Materials
    • Masonry
    Condition
    • Like New
    • New construction: No
    • Year built: 2017

    Utilities & green energy

    • Sewer: Utility District
    • Water: Utility District, Water Company
    • Utilities for property: Natural Gas Available

    Community & HOA

    Community
    • Features: Gated: To Subdivision
    • Security: Security System, Closed Circuit Camera(s)
    • Subdivision: Martis Valley
    HOA
    • Has HOA: Yes
    • HOA fee: $1,900 quarterly
    Location
    • Region: Truckee

    Financial & listing details

    • Price per square foot: $2,500/sqft
    • Tax assessed value: $7,597,144
    • Annual tax amount: $82,506
    • Price range: $25M - $25M
    • Date on market: 12/19/2024
    • Listing agreement: EXCLUSIVE RIGHT
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