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Land with Home for Sale in Truckee, California

10976 Olana Dr, Truckee, CA 96161

$14,995,000
2.88 acres
Active sale
$1m drop
Est $80,632/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
6
Full baths
3
1/2 baths
2014
Built

Location

Street address
10976 Olana Dr
Community
Martis Valley
Elevation
6,404 feet
Coordinates
39.2947, -120.1761

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
MLS #
TSBOR 20251161
Posted

Expenses

Homeowner Association Fee
$2,000 quarterly

Parcels

  • 106030017

Details and features

Listing

Type
Residential
Subtype
Single Family Residence
Franchise
Independent

Lot

View
Water
Waterfront
Creek
Features
Landscaped

Exterior

Parking
Boat, Garage, Open, Oversize, RV
Pool
Deck
Structures
Workshop

Structure

Style
Mountain
Stories
2
Heating
Radiant
Cooling
Yes
Materials
Frame, Masonry, Steel Siding
Roof
Metal

Interior

Rooms
Bathroom x 9, Bedroom x 6, Family Room, Laundry Room
Flooring
Tile, Wood
Appliances
Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Washer
Security
Security System
Accessibility
Accessible Elevator Installed
Features
2 Or More Primary Bedrooms, 4 or More Ensuite, Detached ADU, Family Room, High Ceilings, High Speed Internet, In-Law Quarters, Mud Room, Office, Pantry, Rec Room, Steam Shower, Wine Room

Property utilities

CategoryTypeStatus
GasNatural GasAvailable

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, 6 bath house built in 2014.

Listed by Martis Camp Realty, (530) 550-3200

Checked 2 hours agoUpdated Source

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