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Matterport

Residential Land with Home for Sale in Truckee, California

10976 Olana Dr, Truckee, CA 96161

$14,995,000
2.88 acres
Active
$1m drop
Est $82,344/mo

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"

9,352
Sq feet
6
Beds
2014
Built

Location

Street address
10976 Olana Dr
Community
Martis Camp-7So
Elevation
6,404 feet
Coordinates
39.2949, -120.1765

Directions

Schaffer Mill Rd., Right on Valhalla, Right on Carin Croft Ln, Left on Olana Dr., 3rd House on Left

Property details

Acreage
2.88 acres
Zoning
R-1
MLS #
TSBOR 20251161
Posted

Expenses

Home Owner Assessments Fee
$1,900

Parcels

  • 106-030-017

Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Lot

View
Mountain, Panorama, River
Waterfront
River/Creek

Exterior

Parking
Boat, Garage, Heated, Oversized, RV
Features
Solar Thermal Panels

Structure

Stories
2
Heating
Fireplace(s), Radiant
Materials
Frame
Roof
Metal

Interior

Rooms
Bedroom x 5, Family Room, Office, Workshop
Flooring
Tile, Wood
Appliances
Dishwasher, Dryer, Garbage Disposer, Microwave, Range, Refrigerator, Washer
Accessibility
Accessible Elevator Installed
Features
Elevator, Primary On Main Level

Listing history

DateEventPriceChangeSource
Sept 9, 2025Back on market$14,995,000TSBOR
Aug 14, 2025Under contract$14,995,000TSBOR
Aug 5, 2025Price drop$14,995,000$1,000,000 -6.3%TSBOR
July 8, 2025Price drop$15,995,000$1,005,000 -5.9%TSBOR
June 1, 2025New listing$17,000,000TSBOR
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This 2.88-acre property is located at 10976 Olana Dr in Truckee, CA 96161. The property is available for sale for $14,995,000. It has a 9,352 sq ft 6 bedroom house built in 2014.

Checked 1 hour ago — Updated

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