Masterfully Crafted California Estate by Gallagher Construction Listed for $7,595,000
In the prestigious Lahontan community, 12232 Pete Alvertson Dr emerges as one of the finest new offerings in Truckee Real Estate. Listed at $7,595,000, this 5,944-square-foot estate was completed in 2023 by Gallagher Construction, with architectural design by Design Sense and interiors curated by KTG Design. The residence was honored with the 2025 Tahoe Quarterly “Mountain Home Award,” a distinction that highlights its seamless blend of modern innovation and alpine character.
Set on 0.73 acres, the property combines raked cedar and board-formed concrete with expansive glass walls that capture filtered mountain views. The layout includes seven bedrooms—five of them primary suites—along with a media room and a soundproofed executive office with a fireplace.
As listing agent Anna Kennerley of Compass shared with Luxury Houses Magazine: “This residence reflects the pinnacle of Tahoe mountain living, with every detail crafted for both elegance and function. It is rare to find a property that balances award-winning design with such livability.”
Indoor-Outdoor Living Elevated
At 12232 Pete Alvertson Dr, every architectural decision enhances the connection to nature. The great room and entryway feature soaring floor-to-ceiling windows and a multi-slide patio door that opens to the back terrace. Here, two fire pits, a built-in outdoor kitchen, and a semi-subterranean hot tub are set against a tranquil streamscape, creating a private alpine retreat.
The gourmet kitchen elevates modern living with natural stone slabs, steel accents, and glass cabinetry, while spa-inspired bathrooms and custom finishes extend throughout.
Co-listing agent Janie Sharp explained in an interview with Luxury Houses: “The owners envisioned a gathering place where family and friends could enjoy Tahoe in every season. From the hot tub in winter to the terrace in summer, the home truly offers four-season enjoyment.”
SEE MORE: Modern Masterpiece: Luxury California Estate Hits the Market for $49,888,000
A Storied Land and Market Trajectory
Although the residence itself is newly built, the land has a notable transaction history. It sold for $130,000 in 2013, later for $565,000 in 2020, and again for $1.25 million in 2021. The transformation into one of Lahontan’s most celebrated homes reflects not only the rising value of this community but also the broader strength of California Real Estate.
Now listed at $7.595 million—equivalent to $1,278 per square foot—the property ranks among the most exclusive in Martis Valley.
As Kennerley told Luxury Houses Magazine: “The sales history here is a testament to Lahontan’s growth as one of the Sierra Nevada’s premier luxury enclaves. Properties of this caliber rarely become available.”
Life in Lahontan and Beyond
Owning 12232 Pete Alvertson Dr also means access to Lahontan’s coveted lifestyle amenities. Residents enjoy a private Tom Weiskopf–designed championship golf course, a full-service spa, lodge dining, tennis courts, swimming, and Camp Lahontan for families. Enhanced security, including gated entry and 24-hour surveillance, ensures peace of mind.
Beyond the gates, Truckee provides boutique shopping, fine dining, and quick access to Northstar for skiing and mountain recreation. Reno-Tahoe International Airport is just 40 minutes away, offering convenience for weekend retreats or international travel. Families also benefit from excellent schools and year-round outdoor activities.
An Exceptional Tahoe Offering
For buyers seeking a residence that unites award-winning architecture, a strong market trajectory, and unrivaled community amenities, 12232 Pete Alvertson Dr represents a rare opportunity. It sets a new benchmark in both Truckee Real Estate and California Real Estate, delivering a home as functional as it is inspiring.
View the full listing on Zillow or connect with the listing agents Compass – Anna Kennerley & Janie Sharp
* This property might not for sale at the moment you read this post; please check property status at the above Zillow or Agent website links*
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