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For sale
  • $13,995,000

    10976 Olana Dr, Truckee, CA 96161

    6beds
    9,352sqft
    : 
    $94,388/mo
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    Single Family Residence
    Built in 2014
    2.88 Acres Lot
    $13,190,000 Zestimate®
    $1,496/sqft
    $667/mo HOA

    What's special

    This 9,352-square-foot compound, including both a main residence and a separate guest house, is a true masterpiece of design and craftsmanship, set across two expansive lots totaling 2.88 acres in Martis Camp. The two homes, offering 6 bedrooms, 6 full bathrooms, and 3 half-baths, integrate beautifully with their natural surroundings, presenting breathtaking views of towering pines, Martis Valley, Mt. Rose, and the Carson Range. On the main level, the great room, dining room, and kitchen seamlessly open to the expansive panoramic vista of the surrounding mountains, enhancing the home’s sense of space and connection to nature. The generous deck, accessed directly from the main floor, is an entertainer’s dream, featuring a firepit, barbecue bay, and an outdoor lounge and dining area—perfectly designed for relaxation while taking in the sweeping views. A striking architectural feature of the main house is the pair of glass hallways that bridge the wings, making a bold visual statement. One of these hallways provides serene views of a tranquil creek system that cascades toward the guest house below. The primary suite, located in the south wing, spans two levels, with the sleeping area perched above and a spacious lower-level ideal for an office, gym, or library. A similar dual-level layout is mirrored in the north wing, which adjoins a native forest and lush gardens, offering the perfect balance of privacy and natural beauty. The lower level of the main home is designed for both relaxation and entertainment, featuring a media room with a mini-kitchen and bar, a cozy fireplace, and a glass-walled wine closet that can house an extensive collection. Two additional bedrooms on this level offer tranquil morning views across the private acreage that defines this remarkable estate. The grounds surrounding the main house are a carefully curated outdoor oasis, with grand staircases, verandas, a stunning water feature, a skate park, trampoline, and garden paths winding down to the guest house. This separate structure is designed for both comfort and functionality, featuring a spacious bedroom, kitchen, and a great room with a fireplace—ideal for hosting friends and family or for multi-generational living. Beneath the 2,054 sq. ft. guest house lies a spectacular 1,800 sq. ft. garage space—accessible by stairs, an elevator, or even a climbing wall—featuring soaring ceilings, scissor-lift doors, and dual access points. This exceptional garage can accommodate 9+ vehicles, as well as a full array of Tahoe recreational vehicles, from boats and off-road vehicles to bikes and snowmobiles, catering to both car enthusiasts and outdoor adventurers alike. Every inch of this home has been meticulously crafted to offer a seamless blend of modern luxury, functional design, and a deep connection to the surrounding natural beauty, creating an extraordinary living experience in a community that Forbes describes as possible "Possibly the Best Four-Season Private Community in the U.S”
    52 days
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    672
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    27
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    Zillow last checked:

    Listing updated:

    Listed by:

    Dominic J Cristalli,

    Martis Camp Realty, Inc.,

    Wm. Mark Murrell,

    Martis Camp Realty, Inc.

    Source: TSMLS,MLS#: 20261135MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 9
      • Full bathrooms: 6
      • 1/2 bathrooms: 3
      Heating
      • Radiant, In Floor
      Cooling
      • Air Conditioning
      Appliances
      • Included: Range, Oven, Microwave, Disposal, Dishwasher, Refrigerator, Washer, Dryer, Other
      • Laundry: Laundry Room
      Features
      • Pantry, High Ceilings, High Speed Internet, Steam Shower, Wine Room, Family Room, Office, Rec Room, Mud Room, Workshop, In-Law Quarters, 2Or More Primary Bedrooms, Detached ADU, 4 or More Ensuite
      • Flooring: Wood, Tile
      • Has fireplace: Yes
      • Fireplace features: Fireplace: Living Room, Master Bedroom, 2 or +, Gas Fireplace, Insert, Stone, Other
      Interior area
      • Total structure area: 9,352
      • Total interior livable area: 9,352 sqft

      Property

      Parking
      • Parking features: Attached, Detached, Heated Garage, Insulated, Plumbing, Boat, RV Garage, RV Access/Parking, Garage Door Opener, Oversized, Other, Parking Pad
      • Has attached garage: Yes
      Accessibility
      • Accessibility features: Accessible Elevator Installed, Primary on Main Level
      Features
      • Levels: Two
      • Patio & porch: Deck(s): 3 or more
      • Spa features: Hot Tub
      • Has view: Yes
      • View description: Peek, Panoramic, Trees/Woods, Mountain(s), Water
      • Has water view: Yes
      • Waterfront features: River/Creek
      Lot
      • Size: 2.88 Acres
      • Features: Landscaped
      • Topography: Upslope,Downslope,Gently Rolling
      Details
      • Parcel number: 106030017
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Mountain
      • Property subtype: Single Family Residence
      Materials
      • Frame, Masonry, Steel Siding
      • Foundation: Slab
      • Roof: Metal
      Condition
      • New construction: No
      • Year built: 2014

      Utilities & green energy

      • Electric: Generator
      • Sewer: Utility District
      • Water: Utility District
      • Utilities for property: Natural Gas Available, Cable Connected
      Green energy
      • Energy efficient items: Solar Thermal Panels

      Community & HOA

      Community
      • Features: Gated: To Subdivision
      • Security: Security System
      • Subdivision: Martis Valley
      HOA
      • Has HOA: Yes
      • HOA fee: $2,000 quarterly
      Location
      • Region: Truckee

      Financial & listing details

      • Price per square foot: $1,496/sqft
      • Tax assessed value: $15,918,120
      • Annual tax amount: $170,422
      • Price range: $14M - $14M
      • Date on market: 6/11/2026

        Estimated market value

        $13,190,000

        $12.53M - $13.85M

        $8,022/mo

        Price history

        DateEventPrice
        6/11/2026Listed for sale$13,995,000-6.7%$1,496/sqft
        Source: TSMLS #20261135 Report a problem
        5/28/2026Listing removed$14,995,000$1,603/sqft
        Source: TSMLS #20251161 Report a problem
        9/9/2025Listed for sale$14,995,000$1,603/sqft
        Source: TSMLS #20251161 Report a problem
        8/14/2025Pending sale$14,995,000$1,603/sqft
        Source: TSMLS #20251161 Report a problem
        8/5/2025Price change$14,995,000-6.3%$1,603/sqft
        Source: TSMLS #20251161 Report a problem
        7/6/2025Price change$15,995,000-5.9%$1,710/sqft
        Source: TSMLS #20251161 Report a problem
        6/1/2025Listed for sale$17,000,000+13.3%$1,818/sqft
        Source: TSMLS #20251161 Report a problem
        10/1/2021Sold$15,000,000+151%$1,604/sqft
        Source: Public Record Report a problem
        11/21/2012Sold$5,975,000$639/sqft
        Source: TSMLS #20121953 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$170,422 +2%$15,918,120 +2%
        2024$167,152 0%$15,606,000 +2%
        2023$167,159 +1.7%$15,300,000 +2%
        2022$164,380 +85.5%$15,000,000 +86.5%
        2021$88,610 +0.5%$8,041,300 +1%
        2020$88,197 $7,958,847 +2%
        2019$88,197 +3.6%$7,802,792 +2%
        2018$85,092 +1.6%$7,649,797 +2%
        2017$83,757 +0.8%$7,499,802 +2.1%
        2016$83,110 +21.2%$7,343,336 +20%
        2015$68,580 $6,117,355
        Find assessor info on the county website

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        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 96161

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