Welcome to this unparalleled, custom estate in Lahontan: winner of the 2025 Tahoe Quarterly "Mountain Home Award". Masterfully conceived by Design Sense and built in 2023 by renowned Gallagher Construction with interior selections by KTG Design. Every inch of this home reflects elevated craftsmanship and thoughtful detail. Situated on a peaceful wooded lot at .73 of an acre, this home boasts 6 bedrooms (5 primary suites), an executive office with a fireplace and sound proof sliding glass door, a media/flex room, and an exercise room. The gourmet kitchen features natural stone slabs paired with steel and glass cabinetry, creating a modern, clean aesthetic. Floor-to-ceiling windows in the great room and entryway with a multi-slide patio door create a seamless indoor-outdoor flow. The back terrace is equipped with 2 fire pits, semi-subterranean hot tub, built-in outdoor kitchen, and tranquil streamscape. Beautiful raked cedar and earthy board-formed concrete on the exterior. THIS HOME ALSO HAS A GOLF MEMBERSHIP FOR SALE. Located within the exclusive, gated Lahontan community with a Championship 18-hole Tom Weiskopf-designed golf course, tennis, spa, lodge dining, Camp Lahontan, and more. Minutes to Northstar and Truckee. This award-winning home offers a rare opportunity to own one of Lahontan’s finest custom estates! See link to the Tahoe Quarterly article on this home: https://tahoequarterly.com/mountain-home-awards-2025/sleek-functionality. Don't forget to ask for the designer specification list and photos!
Sold for $5,780,000
$5,780,000
12232 Pete Alvertson Dr, Truckee, CA 96161
6beds
5,944sqft
Single Family Residence
Built in 2023
0.73 Acres Lot
$5,787,400 Zestimate®
$972/sqft
$5,079 Estimated rent
Home value
$5,787,400
$5.38M - $6.25M
$5,079/mo
Zestimate® history
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List your homeWhat's special
Exercise roomTranquil streamscapeSemi-subterranean hot tubBuilt-in outdoor kitchen
Zillow last checked:
Listing updated:
Listed by:
Anna E Kennerley 530-412-4101,
COMPASS
Bought with:
Alan Nicholls, DRE #01347274
Coldwell Banker Realty
Source: TSMLS,MLS#: 20260032
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 7
- Full bathrooms: 6
- 1/2 bathrooms: 1
Heating
- Natural Gas, CFAH, 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, Family Room, Great Room, Office, Rec Room, Mud Room, 2Or More Primary Bedrooms, 4 or More Ensuite
- Flooring: Carpet, Wood, Stone, Tile, Mixed
- Has fireplace: Yes
- Fireplace features: Fireplace: Living Room, Master Bedroom, 2 or +, Gas Fireplace
Interior area
- Total structure area: 5,944
- Total interior livable area: 5,944 sqft
Property
Parking
- Total spaces: 3
- Parking features: Three, Attached
- Attached garage spaces: 3
Features
- Levels: Three
- Patio & porch: Deck(s): 1
- Spa features: Hot Tub
- Has view: Yes
- View description: Peek, Filtered, Trees/Woods, Mountain(s)
Lot
- Size: 0.73 Acres
- Features: Street, Landscaped
- Topography: Gently Rolling
Details
- Parcel number: 10811000900
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Mountain
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Roof: Metal
Condition
- New Construction
- New construction: No
- Year built: 2023
Utilities & green energy
- Electric: Generator
- Sewer: Utility District
- Water: Utility District
- Utilities for property: Natural Gas Available
Community & HOA
Community
- Features: Gated: To Subdivision
- Security: Security System, Audio Surveillance, Closed Circuit Camera(s)
- Subdivision: Martis Valley
HOA
- Has HOA: Yes
- Amenities included: Pool, Tennis Court(s), Golf Course, Exercise Equipment, Other/See Remarks
- HOA fee: $483 monthly
Location
- Region: Truckee
Financial & listing details
- Price per square foot: $972/sqft
- Tax assessed value: $5,852,582
- Annual tax amount: $63,030
- Price range: $5.8M - $5.8M
- Date on market: 1/11/2026
Price history
| Date | Event | Price |
|---|---|---|
| 4/23/2026 | Sold | $5,780,000-17.4%$972/sqft |
Source:  TSMLS #20260032 Report a problem | ||
| 4/7/2026 | Pending sale | $6,995,000$1,177/sqft |
Source: TSMLS #20260032 Report a problem | ||
| 1/11/2026 | Listed for sale | $6,995,000-2.8%$1,177/sqft |
Source: TSMLS #20260032 Report a problem | ||
| 1/10/2026 | Listing removed | $7,195,000$1,210/sqft |
Source: TSMLS #20251918 Report a problem | ||
| 10/9/2025 | Price change | $7,195,000-5.3%$1,210/sqft |
Source: TSMLS #20251918 Report a problem | ||
| 8/21/2025 | Listed for sale | $7,595,000+507.6%$1,278/sqft |
Source: TSMLS #20251918 Report a problem | ||
| 8/23/2021 | Sold | $1,250,000+121.2%$210/sqft |
Source: Public Record Report a problem | ||
| 9/8/2020 | Sold | $565,000-5%$95/sqft |
Source: TSMLS #20202106 Report a problem | ||
| 8/6/2020 | Pending sale | $595,000$100/sqft |
Source: Lawrence Realty #20202106 Report a problem | ||
| 8/6/2020 | Listed for sale | $595,000+101.7%$100/sqft |
Source: Lawrence Realty #20202106 Report a problem | ||
| 5/20/2016 | Listing removed | $295,000$50/sqft |
Source: Lawrence Realty #20160615 Report a problem | ||
| 4/28/2016 | Pending sale | $295,000$50/sqft |
Source: Lawrence Realty #20160615 Report a problem | ||
| 3/18/2016 | Listed for sale | $295,000+47.9%$50/sqft |
Source: Lawrence Realty #20160615 Report a problem | ||
| 12/2/2014 | Listing removed | $199,500$34/sqft |
Source: Lawrence Realty #20142756 Report a problem | ||
| 9/27/2014 | Listed for sale | $199,500+53.5%$34/sqft |
Source: Lawrence Realty #20142756 Report a problem | ||
| 4/19/2013 | Sold | $130,000$22/sqft |
Source: TSMLS #20121733 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $63,030 +2.1% | $5,852,582 +2% |
| 2024 | $61,746 +924.6% | $5,737,826 +992.9% |
| 2023 | $6,026 -20.3% | $525,000 -21.1% |
| 2022 | $7,563 +21.3% | $665,000 +17.7% |
| 2021 | $6,233 +257.1% | $565,000 +286% |
| 2020 | $1,745 | $146,375 +2% |
| 2019 | $1,745 +3.3% | $143,505 +2% |
| 2018 | $1,689 +1.4% | $140,692 +2% |
| 2017 | $1,665 +0.4% | $137,934 +2% |
| 2016 | $1,658 +2.2% | $135,230 +1.5% |
| 2015 | $1,622 +4% | $133,199 +2% |
| 2014 | $1,559 | $130,590 +63.2% |
| 2013 | -- | $80,000 -36% |
| 2012 | -- | $125,000 -48.6% |
| 2011 | -- | $243,022 +0.8% |
| 2010 | -- | $241,206 -0.2% |
| 2009 | -- | $241,780 +2% |
| 2008 | -- | $237,040 +2% |
| 2007 | -- | $232,393 +2% |
| 2006 | -- | $227,837 +2% |
| 2005 | -- | $223,370 +2% |
| 2004 | -- | $218,991 +1.9% |
| 2003 | -- | $214,978 +2% |
| 2002 | -- | $210,763 +2% |
| 2001 | -- | $206,631 +2% |
| 2000 | -- | $202,580 |
Find assessor info on the county website
Neighborhood: 96161
Nearby homes
- $--2 bd2 ba1.2k sqft12236 Pete Alvertson Dr UNIT 2, Truckee, CA 96161Off Market
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Nearby schools
GreatSchools rating
- 6/10Truckee Elementary SchoolGrades: K-5Distance: 4.1 mi
- 9/10Alder Creek Middle SchoolGrades: 6-8Distance: 4.1 mi
- 9/10Tahoe Truckee High SchoolGrades: 9-12Distance: 3.9 mi
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Estimated market value
$5,787,400
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Estimated market value
$5,787,400
- California
- Placer County
- Truckee
- 96161
- 12232 Pete Alvertson Dr
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