10981 Olana Drive

Truckee, CA 96161

$25,000,000
Price
7
Beds
7
Baths
10,000 Sq. Ft.
$2,500 / Sq. Ft.
10,000
Sq. Ft.
$2,500
per Sq. Ft.

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Description

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...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.”
  1. Listed by Kim Kennedy • DRE #01747997 • Brokerage DRE #01997809 • Martis Camp Realty, Inc.

Property Details for 10981 Olana Drive

Architecture
Mountain
Area
MARTIS CAMP-7SO
Community
Martis Valley
Furnished
Mostly
Garage
Four +
Garage/ Parking
Attached, Heated, Gar Door Opener
Setting
Greenbelt
View
Peek, Panoramic, Wooded, Mountain, Ski Resort
LISTING UPDATED: 01/24/2025 02:50 PM

Property Details for 10981 Olana Drive

StatusActive
MLS #20242466
Days on Compass76
Taxes-
HOA Fees$1,900
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family
Year Built2017
Lot Size5.10 AC / 222,156 SF
CountyPlacer County

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Building Information for 10981 Olana Drive

Stories2Year Built2017Building Size-Lot Size5.10 AC / 222,156 SF

Property Information for 10981 Olana Drive

Summary
Location and General Information
  • Cross Street: Cairncroft Ln
  • Directions: Schaffer Mill Rd., Right on Valhalla Dr., Right on Cairncroft Ln., Left on Olana Dr. Home on Right.
  • FIPS: 06061
  • Floor Coverings: Carpet, Wood, Stone
  • Gated: To Subdivision
  • Geo Address Line: 10981 Olana Dr
  • Geo Match Code: 0.0
  • Geo Matched Method: 0.0
  • Geo Postal Code: 96161
  • Geo Primary City: Truckee
  • Geo Quality: 0.95
  • Geo Subdivision: CA
  • Geo Update Timestamp: 1734567707900
  • Geo Zoom Level: 16.0
  • Sub Status: Standard
  • Sub Area: 7SO
Taxes and HOA Information
  • HOA Dues Optional: No
  • HOA Membership: Yes
  • HOA Transfer Fee: $500
  • LVT Date: 12-18-2024
  • Mello-Roos Fees: No
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Property
Lot Information
  • Age: 10-15 Years
  • APN: 106-030-001
  • Approx Acreage: 5.01 - 10.00
  • Approx. Sqft: ESTIMATE
  • Lot Num: 41
  • Lot Dimensions: IRR
  • Topography: Upslope, Steep
  • Zoning: R-1
Property and Assessments
  • Property Condition: Like New
  • Sign: No
  • Spc Disc: Architectural Review
  • Water: Utility District, Water Company
  • Water Company: NCSD
Utilities
  • Gas: Natural
  • Heating: Radiant
  • Sewer: Utility District
Rental
Rental Information
  • DOMLS: 37.0
Interior and Exterior Features
Exterior Features
  • Construction Phase: FINISHED
  • Construction/Ext: Masonry
  • Decks: 2
Interior Features
  • Alarm: Yes
  • Appliances: Range, Oven, Microwave, Disposal, Dishwasher, Refrigerator, Washer, Dryer, Other
  • Bonus Rooms: Great Room, Office, Mud Room, Workshop, 3 Ensuite
  • Fireplace: Living Room, Master Bedroom, 2 or +, Gas Fireplace
  • Laundry: Room, Other

Property History for 10981 Olana Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 10981 Olana Drive

Taxable ValueLand$1,231,419Additions$6,365,725Total$7,597,144
Tax Record2024$82,506 ($6,875 / month)
Home Facts
Beds2Baths2Total Finished SqFt9,855 SqFtAbove Grade Finished SqFt9,855 SqFtLot Size222,155 SqFtStyleSingle Family ResidenceYear Built2009CountyPLACERAPN106-030-001-000

Schools near 10981 Olana Drive

This home is within Tahoe-Truckee Unified School District.
Rating
School
Type
Grades
Distance
Truckee Elementary School
Public - K to 5
Alder Creek Middle School
Public - 6 to 8
Tahoe Truckee High School
Public - 9 to 12
Cold Stream Alternative School
Public - K to 12
Rating
School
Distance
Truckee Elementary School
PublicK to 5

Alder Creek Middle School
Public6 to 8

Tahoe Truckee High School
Public9 to 12

Cold Stream Alternative School
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 10981 Olana Drive, Truckee, CA 96161

10981 Olana Drive is a single family home for sale in Truckee, CA 96161. This property was listed for sale on December 19, 2024 by Martis Camp Realty, Inc., it's currently listed at $25,000,000. It has been on the market for a total of 76 days and was last sold on October 17, 2006. This listing's school district is Tahoe-Truckee Unified School District. Nearby schools include Truckee Elementary School, Alder Creek Middle School and Tahoe Truckee High School. 10981 Olana Drive is a 7-bed, 7-bath, 10,000 sqft single family home built in 2017.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Martis Camp Realty, Inc., Kim Kennedy, DRE #01747997

Based on information from one of the following Multiple Listing Services: MetroList, Tahoe Sierra Board of REALTORS, South Tahoe Association of REALTORS, Mammoth Lakes Board of REALTORS MLS, Northern Nevada Regional MLS, Incline Village Board of REALTORS, Inyo County MLS, and Plumas Association of REALTORS.. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MetroList, Tahoe Sierra Board of REALTORS, South Tahoe Association of REALTORS, Mammoth Lakes Board of REALTORS MLS, Northern Nevada Regional MLS, Incline Village Board of REALTORS, Inyo County MLS, and Plumas Association of REALTORS. is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.