$9,950,000 $12,000,000 ↓ $2,050,000 reduced Active
000 Rue Hilltop
Truckee, CA 96161

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⚠ STR Permit Cap Reached
Town of Truckee STR permit cap has been reached. 1-year waiting period after purchase before you can apply. Verify current waitlist status before buying.

About This Property

Very attractive seller financing available - call listing agent for details. Rare Master Planned development offering consists of 41.16 acres of prime land situated at the iconic Hilltop site, perched above charming Downtown Truckee and the beautiful Truckee River. This site offers a rich Truckee history, superior location, and Town-approved Master plan for the last remaining large scale Truckee development. Zoned “Downtown Master Plan” with a large portion dedicated to residential, including several multi-family neighborhoods as well as separate single family residential areas further up the hill. Commercial zoning allows 19,180 SF of new commercial development with bonus footage plus 60-door hotel site. Cottonwood Restaurant parcel is NOT part of this offering. Located less than 15 miles to popular Destination Ski Resorts and Lake Tahoe.

Listed by Ron Hemig — Sierra Sotheby's Int - Rock

Listing Details

Status Active
MLS # 20240034
Days on Market 1015

Property History

Jan 10, 2024
Listed for sale
$12,000,000
Property Overview
Lot Size 41.16 acres
Property Type UnimprovedLand
Subdivision Truckee
County Placer
STR Jurisdiction Town of Truckee
APN 19300084/089
Exterior & Lot
Lot Features STREET
View Trees/Woods, Mountain(s), City, Meadow, Downtown
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STR Investment Analysis

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

STR Investment Analysis

STR analysis
STRUCTURAL SCORE —
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PROJECTED GROSS ANNUAL REVENUE
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Avg Nightly
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Occupancy
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Cost Segregation Tax Savings

Estimated first-year bonus depreciation savings

Estimated First-Year Tax Savings
$0
via bonus depreciation
Land Value
$0
Improvement Basis
$0
5-Year Property (18%)
$0
15-Year Property (10%)
$0
Estimates are for informational purposes only and do not constitute tax advice. Consult a qualified CPA or tax professional for your specific situation. Actual savings depend on individual tax circumstances.

Payment calculator

$59,055 per month
Principal & interest
$50,313/mo
Property taxes
$8,742/mo
1.0544% of the price, Truckee's 2025-26 rate, plus direct charges: California re-assesses a home at its sale price.
HOA dues
$0/mo
From MLS listing data.
Home insurance
$0/mo
Land — no home to insure, so no insurance estimate.
Down payment
20% ($1,990,000)
Home price
$9,950,000
Loan details
30-yr fixed, 6.5%
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