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$7,700,000
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Property Description
Welcome to 10632 Olana Drive, where modern design meets mountain living in one of Tahoe's most coveted communities - Martis Camp. Designed by the architectural firm Sagemodern, this 4,565-square-foot estate features 5 bedrooms and 4.5 baths. A striking expression of mountain modern architecture, it blends wood, steel, concrete, and glass into a seamless design deeply connected to its alpine surroundings. Set on 1.40 acres and perched on a private homesite backing to the 7th hole of the Tom Fazio designed golf course. Inside, wood-planked ceilings, custom tile flooring, exposed steel beams, and concrete accents provide texture and depth throughout. The chef's kitchen, features luxury Bosch appliances, and a grand island, flows effortlessly into the dining area. Sliding doors extend the living space to an outdoor terrace with outdoor dining and a jacuzzi spa. The primary suite is a private sanctuary featuring a spa-inspired bath. Each of the four additional bedrooms provides a stylish and comfortable retreat for family and guests. Forbes noted, Martis Camp may be the best four-season private community in the U.S.'' This home embodies a rare blend of modern luxury, mountain serenity, and the coveted Martis Camp lifestyle - making it one of the premier offerings in the Sierra.
Full Property Details
Full Property Details for 10632 Olana Dr
General
- Price: $7,700,000
- HOA FEE: $633/month
- Status: Active
- Type: Single Family
- Source: METROLIST_Cali
- MLS ID: 225127920
- Updated: 10/30/2025
- Added to Site: 107 day(s) ago
Interior
- Interior Features: Cathedral Ceiling, Wet Bar
- Fireplace: Yes
- Number of Fireplaces: 2
- Fireplace(s): Living Room, Master Bedroom
- Appliances: Gas Cook Top, Microwave, Double Oven
- Flooring: Carpet, Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 4
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Kitchen: Island, Stone Counter, Island w/Sink
- Dining Room: Dining/Family Combo, Dining/Living Combo
- Laundry: Inside Room
Additional Information
- Shared Amenities: Golf Course, Trails
Exterior
- Exterior Features: Balcony
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking: Attached
Location
- County: Placer
- Cross Streets: Schaffer Mill Rd
- Driving Directions: From I-80, take Highway 267 toward Truckee, then turn right on Schaffer Mill Road; follow signs into Martis Camp where Olana Drive is located.
School Information
- School District: Placer
- Elem School District: Tahoe-Truckee
- Midd School District: Tahoe-Truckee
- High School District: Tahoe-Truckee
Community
- Association: Yes
- Home Owners Assn.: 1
- Assoc. Fees Include: Security
Heating & Cooling
- Cooling Type: Whole House Fan
- Heating Type: Central, Radiant, Fireplace(s)
- Heating Fuel: Central, Radiant, Fireplace(s)
Utilities
- Sewer: Public Sewer
- Water: Water District, Public
- Utility Description: Public
Structural Information
- Architectural Style: Modern/High Tech
- Construction: Frame
- Basement: Yes
- Foundation: Slab
- Roof: Flat
- Stories/Levels: 2
- Square Feet: 4,565
- Sq. Ft. Source: Assessor Auto-Fill
- Year Built: 2016
Lot Features
- Lot Size (Acres): 1.4
- Lot Size (Sq. Ft.): 60,984
- Irrigation System: Public District
- Zoning: RS-B-X
- Lot Description: Adjacent to Golf Course
Financial Considerations
- Association Fee: $633
- Assoc Fee Freq.: Monthly
Disclosures and Reports
- Special Conditions: None
- APN: 106-070-004-000
Listed by USKO Realty
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Schools
Schools serving 10632 Olana Dr
School District:Tahoe-Truckee Joint Unified School District
| Name | Grades | Distance |
|---|---|---|
Truckee Elementary School 11911 Donner Pass Road, Truckee, CA 96161 | K-5 | 3.4 mi |
Alder Creek Middle School 10931 Alder Drive, Truckee, CA 96161 | 6-8 | 3.7 mi |
Tahoe Truckee High School 11725 Donner Pass Road, Truckee, CA 96161 | 9-12 | 3.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 10632 Olana Dr
Date
Details
Price
Change
Source
10/02/2025
Listed
$7,700,000
55.1%
MLS
12/12/2016
Sold
$4,964,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 10632 Olana Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$62,341
2%
$5,761,724
2%
2023
$61,112
—
$5,648,750
2%
2023
$61,112
2%
$5,537,991
2%
2022
$60,072
2%
$5,429,403
2%
2021
$58,652
—
$5,322,945
1%
2020
$58,384
-1%
$5,268,366
2%
2019
$58,780
4%
$5,165,065
2%
2018
$56,427
2%
$5,063,790
2%
2017
$55,546
399%
$4,964,500
429%
2016
$11,123
35%
$938,134
36%
2015
$8,246
4%
$689,763
2%
2014
$7,911
—
$676,252
—
2013
$7,925
—
$673,196
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 10632 Olana Dr
10632 Olana Drive, Truckee, CA 96161 (MLS# 225127920) is a Single Family property with 5 bedrooms, 4 full bathrooms and 1 partial bathroom. 10632 Olana Drive is currently listed for $7,700,000 and was received on October 02, 2025. Want to learn more about 10632 Olana Drive? Do you have questions about finding other Single Family real estate for sale in Truckee? You can browse all Truckee real estate or contact a Coldwell Banker agent to request more information.

