12236 Pete Alvertson Dr, Truckee, CA, 96161
About This Home
Stunning mountain architecture aligns with a gorgeous, serene greenbelt setting in the prestigious Lahontan golf community. This estate property, located at 12236 Pete Alvertson Drive, Truckee, presents a RARE opportunity to enjoy a legacy estate pairing timeless mountain architecture with a recently constructed and contemporary designed guest house — creating an exceptional family compound designed for generations to gather and enjoy Tahoe’s coveted lifestyle. Beautifully maintained and thoughtfully updated, this special property nestled on a one-acre home site offers a warm, sophisticated living environment highlighted by predominantly single-level living in both the primary home and guest house. Offering expansive outdoor living space and lovely forested surroundings, this property brings a total of six bedrooms and five, ensuite bathrooms - spacious living and mountain luxury abounds. Filled with character and refined ambiance, the main residence brings 4,574 sf offering spacious gathering areas, soaring ceilings, rich wood finish detail and large-scale windows introducing natural light and tranquil greenbelt views throughout the home. The great room creates a welcoming centerpiece with its custom granite gas and wood burning fireplace, warm textures and easy connection to the surrounding outdoor setting. Designed for effortless entertaining, the beautifully updated chef’s kitchen brings extensive custom cabinetry, quality appliances, generous preparation areas and a thoughtfully designed butler’s pantry sure to please the most discerning culinary enthusiast. Delight in mornings in the breakfast alcove! Indoor-outdoor living is seamlessly integrated with adjacent patios, perennial gardens and inviting gathering spaces framed by Tahoe’s natural beauty. Enjoy evenings around the gas fire pit, peaceful mornings overlooking the private setting and year-round entertaining surrounded by mature landscaping and towering pines. Thoughtfully designed for comfort and privacy, this residence offers beautifully scaled bedroom suites and flexible living spaces ideal for hosting family and guests. The luxurious primary suite with direct access to a private patio, provides a peaceful retreat with serene views, a beautifully appointed ensuite bath and tree top yoga/exercise studio, creating a restful environment immersed in the property’s natural surroundings. Complementing the estate is the ~1,200 sf guest house showcasing contemporary mountain design and exceptional versatility. Perfect for extended family, guests, private office use or multigenerational living, this detached residence creates the perfect opportunity to enjoy both classic Lahontan architecture and modern design within one cohesive, legacy property. Enjoy the evening alpenglow from the deck and dine in the adjacent, covered and heated outdoor living area. Offering a combined six bedrooms, five en-suite bathrooms plus powder bath, this exceptional compound includes two separate garages accommodating four vehicles and brings dual generators, hydronic and forced air heating systems, air conditioning in the guest house; an impeccably maintained retreat. Blending timeless elegance, functionality and the peaceful beauty of Lahontan’s friendly and luxurious mountain environment, 12236 Pete Alvertson Drive is a truly special legacy offering within Truckee’s premier, private golf community. Welcome home to the Martis Valley.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Like New
- Year built: 2002
Materials
- Foundation: Concrete Perimeter,Slab
- Roof: Composition,Metal
- Construction materials: Frame,Masonry,Wood Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Mountain
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Range,Oven,Microwave,Disposal,Dishwasher,Trash Compactor,Refrigerator,Washer,Dryer
- Laundry features: Laundry Room
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
Features
- Pantry,High Ceilings,Phone,High Speed Internet,Loft,Family Room,Great Room,Mud Room,2Or More Primary Bedrooms,Detached ADU,4 or More Ensuite
- Flooring: Carpet,Wood,Stone,Tile
- Fireplace features: Fireplace: Living Room,Family Room,2 or +,Gas Fireplace,Stone,Woodstove: None
- Fireplace: Yes
Heating & Cooling
- Heating features: CFAH,Hydronic,Radiant,In Floor
- Cooling features: Air Conditioning
Interior Area
- Total structure area: 5,774
- Total interior livable area: 5,774 sqft
Property
Accessibility
- Accessibility features: Accessible Hallway(s),Few Steps,Accessible Full Bath,Accessible Doors,Primary on Main Level,Open Floor Plan,Visible Smoke/Fire Alarms,Backup Generator/Battery
Details
- Parcel number: 108110010000
- Special condition: Standard
Features
- Levels: Two
- Patio & porch: Deck(s): 2
- Has view: Yes
- View description: Trees/Woods,Mountain(s)
- Topography of land: Level,Upslope,Gently Rolling
Lot
- Lot size: 1 Acres
- Features: Greenbelt,Landscaped
- Lot size dimensions: 141x164x150x142
Parking
- Total spaces: 4
- Parking features: Four +,Attached,Insulated,Garage Door Opener,Oversized,Parking Pad
- Has garage: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Inland Flooding
- Wildfire
- Avalanche
- Earthquake
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Placer County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $22,501 | $270,012 |
| Home Insurance * | $1,152 | $13,824 |
| Property Taxes | $4,179 | $50,148 |
| Electricity | $1,238 | $14,857 |
| Total | $29,070 | $348,840 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-02 | Price change | $4,450,000 |
| 2026-06-30 | Price change | $4,750,000 |
| 2026-05-13 | Listed for sale | $4,975,000 |
| 2024-09-13 | Listing removed | $6,500 |
| 2024-08-24 | Price change | $6,500 |
| 2024-06-15 | Listed for rent | $7,000 |
| 2022-12-20 | Listing removed | -- |
| 2022-12-08 | Price change | $18,000 |
| 2022-12-03 | Price change | $20,000 |
| 2022-11-22 | Listed for rent | $24,000 |
| 2020-08-11 | Sold | $2,352,500 |
| 2020-02-18 | Sold | $2,075,000 |
| 2020-01-15 | Pending sale | $2,075,000 |
| 2019-11-23 | Listed for sale | $2,075,000 |
| 2019-10-23 | Listing removed | $2,095,000 |
| 2019-08-29 | Price change | $2,095,000 |
| 2018-12-11 | Price change | $2,145,000 |
| 2018-07-17 | Listed for sale | $2,295,000 |
| 2010-03-01 | Sold | $1,051,000 |
| 2009-12-23 | Sold | $1,173,494 |
| 2009-04-30 | Listing removed | $1,900,000 |
| 2009-04-26 | Listed for sale | $1,900,000 |
| 2005-05-20 | Sold | $2,250,000 |
| 2000-01-07 | Sold | $312,000 |
View on Zillow