12232 Pete Alvertson Dr

$7,195,000
Price
6
Beds
5,944 Sq. Ft.
$1,210 / Sq. Ft.
5,944
Sq. Ft.
$1,210
per Sq. Ft.

Description

Welcome to this unparalleled, custom estate in Lahontan: winner of the 2025 Tahoe Quarterly "Mountain Home Award". Masterfully conceived by Design Sense and built in 2023 by renowned Gallagher Construction with interior selections by KTG Design. Every inch of this home reflects elevated craftsmanship and thoughtful detail. Situated on a peaceful wooded lot at .73 of an acre, this home boasts 6 bedrooms (5 primary suites), an executive office with a fireplace and sound proof sliding glass door, a...Welcome to this unparalleled, custom estate in Lahontan: winner of the 2025 Tahoe Quarterly "Mountain Home Award". Masterfully conceived by Design Sense and built in 2023 by renowned Gallagher Construction with interior selections by KTG Design. Every inch of this home reflects elevated craftsmanship and thoughtful detail. Situated on a peaceful wooded lot at .73 of an acre, this home boasts 6 bedrooms (5 primary suites), an executive office with a fireplace and sound proof sliding glass door, a media/flex room, and an exercise room. The gourmet kitchen features natural stone slabs paired with steel and glass cabinetry, creating a modern, clean aesthetic. Floor-to-ceiling windows in the great room and entryway with a multi-slide patio door create a seamless indoor-outdoor flow. The back terrace is equipped with 2 fire pits, semi-subterranean hot tub, built-in outdoor kitchen, and tranquil streamscape. Beautiful raked cedar and earthy board-formed concrete on the exterior. THIS HOME ALSO HAS A GOLF MEMBERSHIP FOR SALE. Located within the exclusive, gated Lahontan community with a Championship 18-hole Tom Weiskopf-designed golf course, tennis, spa, lodge dining, Camp Lahontan, and more. Minutes to Northstar and Truckee. This award-winning home offers a rare opportunity to own one of Lahontan’s finest custom estates! See link to the Tahoe Quarterly article on this home: https://tahoequarterly.com/mountain-home-awards-2025/sleek-functionality. Don't forget to ask for the designer specification list and photos!

Property Details for 12232 Pete Alvertson Drive

Architecture
Mountain
Area
LAHONTAN-7SO
Community
Martis Valley
Furnished
Negotiable
Garage
Three
Garage/ Parking
Attached
Setting
Street
View
Peek, Filtered, Wooded, Mountain
LISTING UPDATED: 12/14/2025 09:35 AM

Property Details for 12232 Pete Alvertson Drive

StatusActive
MLS #20251918
Days on Compass125
Taxes-
HOA Fees$483
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family
Year Built2023
Lot Size0.73 AC / 31,798 SF
CountyPlacer County

Location

Listing Courtesy of Compass, Anna Kennerley, DRE #01965897; Compass, Janie Sharp, DRE #00769865
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Building Information for 12232 Pete Alvertson Drive

Stories3Year Built2023Building Size-Lot Size0.73 AC / 31,798 SF

Payment Calculator

$41,289 per month

30 year fixed, 6.28% Interest

Principal and Interest

$35,553

Property Taxes

$5,253

HOA Dues

$483

The Payment Calculator is for illustrative purposes only.

Property Information for 12232 Pete Alvertson Drive

Summary
Location and General Information
  • Directions: R on Lahontan Dr to R on Pete Alvertson. Home is on Right
  • FIPS: 06061
  • Floor Coverings: Carpet, Wood, Stone, Tile, Mixed
  • Gated: To Subdivision
  • Geo Address Line: 12232 Pete Alvertson 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: 1755812647500
  • Geo Zoom Level: 16.0
  • Sub Status: Standard
  • Sub Area: 7SO
Taxes and HOA Information
  • HOA Amenities: Pool, Tennis Courts, Golf, Exercise Equipment, Other/See Remarks
  • HOA Dues Optional: No
  • HOA Membership: Yes
  • LVT Date: 08-21-2025
  • Mello-Roos Fees: No
Virtual Tour
Property
Lot Information
  • Age: 1-5 Years
  • APN: 108-110-009-00
  • Approx Acreage: .51 - .755
  • Approx. Sqft: ASSESSOR
  • Lot Num: 104
  • Topography: Gentle
Property and Assessments
  • Property Condition: New
  • Sign: Yes
  • Water: Utility District
Utilities
  • Gas: Natural
  • Heating: Natural Gas, CFAH, In Floor
  • Sewer: Utility District
Rental
Rental Information
  • DOMLS: 120.0
Interior and Exterior Features
Exterior Features
  • Construction Phase: FINISHED
  • Construction/Ext: Wooded
  • Decks: 1
  • Roof: Metal
Interior Features
  • Alarm: No
  • Appliances: Range, Oven, Microwave, Disposal, Dishwasher, Refrigerator, Washer, Dryer, Other
  • Bonus Rooms: Family Room, Great Room, Office, Rec Room, Mud Room, 2Or More Primary Bedrooms, 4 or More Ensuite
  • Fireplace: Living Room, Master Bedroom, 2 or +, Gas Fireplace
  • Laundry: Room

Property History for 12232 Pete Alvertson Drive

DateEvent & SourcePriceAppreciation
Oct 9, 2025

Price Change

TSMLS #20251918

$7,195,000
Aug 21, 2025

Listed (Active)

TSMLS #20251918

$7,595,000
Aug 18, 2021

Sold (Public Record)

Public Record #1469728896

$1,250,000

+129.6% / yr

Sep 8, 2020

Sold

TSMLS #20202106

$565,000
Sep 3, 2020

Sold (Public Record)

Public Record #678136386

$565,000

+22.0% / yr

Aug 6, 2020

Listed (Active)

TSMLS #20202106

$595,000
Aug 6, 2020

Pending

TSMLS #20202106

Aug 6, 2020

In Contract

TSMLS #20202106

Aug 6, 2020

Listed (Active)

TSMLS #20202106

$595,000
Apr 10, 2016

Temporarily Off Market

TSMLS #20160615

Mar 17, 2016

Listed (Active)

TSMLS #20160615

$295,000
Dec 1, 2014

Temporarily Off Market

TSMLS #20142756

Sep 27, 2014

Listed (Active)

TSMLS #20142756

$199,500
Apr 19, 2013

Sold

TSMLS #20121733

$130,000
Apr 15, 2013

Sold (Public Record)

Public Record #351201372

$130,000
Mar 19, 2013

Pending

TSMLS #20121733

Jul 11, 2012

Listed (Active)

TSMLS #20121733

$130,000
DateEvent & SourcePrice
10/09/2025

Price Change

TSMLS #20251918

$7,195,000
08/21/2025

Listed (Active)

TSMLS #20251918

$7,595,000
08/18/2021

Sold (Public Record)

Public Record #1469728896

$1,250,000

+129.6% / yr

09/08/2020

Sold

TSMLS #20202106

$565,000
09/03/2020

Sold (Public Record)

Public Record #678136386

$565,000

+22.0% / yr

08/06/2020

Listed (Active)

TSMLS #20202106

$595,000
08/06/2020

Pending

TSMLS #20202106

08/06/2020

In Contract

TSMLS #20202106

08/06/2020

Listed (Active)

TSMLS #20202106

$595,000
04/10/2016

Temporarily Off Market

TSMLS #20160615

03/17/2016

Listed (Active)

TSMLS #20160615

$295,000
12/01/2014

Temporarily Off Market

TSMLS #20142756

09/27/2014

Listed (Active)

TSMLS #20142756

$199,500
04/19/2013

Sold

TSMLS #20121733

$130,000
04/15/2013

Sold (Public Record)

Public Record #351201372

$130,000
03/19/2013

Pending

TSMLS #20121733

07/11/2012

Listed (Active)

TSMLS #20121733

$130,000

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

Public Records for 12232 Pete Alvertson Drive

Taxable ValueLand$599,582Additions$5,253,000Total$5,852,582
Tax Record2025$63,030 ($5,253 / month)
Home Facts
Beds7Total Finished SqFt5,944 SqFtAbove Grade Finished SqFt5,944 SqFtLot Size32,044 SqFtStyleSingle Family ResidenceYear Built2023CountyPLACERAPN108-110-009-000Fireplace TypeHas Fireplace

Schools near 12232 Pete Alvertson Drive

This home is within Tahoe-Truckee Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
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.

Similar Homes

Similar Sold Homes

12232 Pete Alvertson Drive is a single family home for sale in Truckee, CA 96161. This property was listed for sale on August 22, 2025 by Compass, it's currently listed at $7,195,000. It has been on the market for a total of 125 days and was last sold on August 18, 2021. 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. 12232 Pete Alvertson Drive is a 6-bed, 7-bath, 5,944 sqft single family home built in 2023.

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, Inc., its subsidiaries, affiliates and their agents and associated third parties 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 Compass, Anna Kennerley, DRE #01965897; Compass, Janie Sharp, DRE #00769865

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.