$2,495,000
5001 Northstar Drive #302
Truckee, CA 96161
STR Status Unknown
3 Beds
·
3.5 Baths
·
2,534 Sq Ft
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About This Property

Great Bear 302 - The Crown Jewel of The Village at Northstar. Welcome to Great Bear, the premier address in The Village at Northstar, where luxury, convenience, and alpine adventure converge. Perfectly positioned directly above the iconic outdoor Village Skate Rink and Village Stage, Great Bear 302 offers front-row views of live entertainment, including the popular Summer Music Series. Great Bear offers uniquely superior attributes compared to other condominiums in Northstar…most notably its private elevator access, premier location, and the rarity of availability, as residences in Great Bear seldom come to market, making Great Bear 302 a rare and highly desirable opportunity. This exceptional 3-bedroom, all ensuite + den, and 3 half-bath residence features private elevator access, an oversized balcony, ski-in access, the ultimate trifecta of luxury mountain living. Step inside and be embraced by a warm, inviting ambiance. The open-concept floor plan seamlessly connects the spacious living, dining, and gourmet kitchen areas, creating an ideal setting for entertaining or relaxing after a day on the slopes. Expansive windows frame breathtaking views of the pristine Northstar slopes, while bathing the space with natural light. The chef’s kitchen is equipped with Wolf and Sub-Zero appliances, custom cabinetry, and ample counter space—designed for both functionality and flair. This home offers a flexible layout with strong rental potential. Amenities & Features: • Private elevator access directly into the residence • Heated, secure underground parking • Private ski lockers in an exclusive resident-only lobby • Ski-in convenience directly into The Village • Rejuvenating hot-tub spas, and a state-of-the-art swim and fitness center. • Stroll to shops, dining, entertainment, and year-round events • Immediate access to world-class skiing, snowboarding, mountain biking, and hiking • Proximity to Lake Tahoe, golf courses, and scenic trails Whether you’re sipping coffee on the balcony as skaters twirl below, or soaking in the alpenglow after a powder day, Great Bear 302 offers a mountain lifestyle unlike any other. There's a reason they say “location is everything”—and this residence is the very definition of that. Nestled in Truckee’s most coveted ski lodge, Great Bear 302 offers the rare combination of slope-side luxury, village energy, and tranquil mountain beauty. Don’t miss your chance to own one of Northstar’s most iconic residences. Life is simply better at Great Bear.

Listed by Steven Kegel — Tahoe Mountain Realty

Listing Details

Status Active
MLS # 20252147
Days on Market 184
Price/Sq Ft $985

Property History

Sep 15, 2025
Listed for sale
$2,495,000
Property Overview
Beds 3
Baths 3.5
Sq. Ft. 2,534
Stories 1
Year Built 2005
Property Type Residential
Style Mountain
Subdivision Northstar
APN 103-030-002-000
Parking
Parking Features One
Exterior & Lot
Exterior Features High Ceilings,Phone,Cable TV,Rental History,High Speed Internet
Lot Features Level
View Wooded,Mountain,Ski Resort
Construction Masonry,Steel
Roof Composition
Utilities & Systems
Heating Natural Gas,CFAH
Financial
HOA Fee $2,900
HOA & Community
Community Amenities Pool,Tennis Courts,Golf,Cross Country Skiing,Down Hill Skiing,Exercise Equipment,Other/See Remarks
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STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Excellent
87
PROJECTED ANNUAL REVENUE
$142,500 ($118K – $167K range)
~$11,875 per month
Avg Nightly
$485
Occupancy
68%
Cap Rate
5.2%

Payment calculator

$0 per month
Principal & interest
$0
Property taxes
$0
HOA dues
$0
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($499,000)
Home price
$2,495,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Real Estate Agent
License #CA 02235314

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