$1,250,000 Active
10035 Keiser Avenue
Truckee, CA 96161
⚠ 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.
2 Beds
·
2.0 Baths
·
1,104 Sq Ft
Virtual Tour

About This Property

10035 Keiser Avenue presents a rare opportunity to acquire approximately 0.89 acres in one of Truckee's most desirable in-town locations, just steps from the character, restaurants, shops and year-round energy of historic Downtown Truckee. The property currently includes an approximately 1,104-square-foot, two-bedroom residence, but its greatest potential may lie in the land itself and its DRH-24 (Downtown High Density Residential) zoning. According to the Town of Truckee's current Development Code, the Downtown High Density Residential district is intended for areas appropriate for multifamily residential uses, with a maximum allowable density of 24 dwelling units per acre. Development potential, permitted uses, density, unit count and other development characteristics are subject to verification with the Town of Truckee and should be confirmed through independent due diligence by the buyer, architect, civil engineer, land-use consultant and other qualified professionals. The approximately 21-unit figure is a preliminary calculation based on 0.89 acres and the stated 24 dwelling-units-per-acre maximum and does not represent an approved project or entitlement. The property also benefits from its proximity to the continuing evolution of the Truckee Railyard and Downtown Truckee area. The Town's Downtown Truckee planning framework is designed to manage growth while preserving and enhancing the community's mountain character. The plan calls for a variety of residential densities and housing types and envisions stronger connections between the historic downtown and emerging areas of the community. Truckee's appeal extends far beyond its downtown. The community is surrounded by some of the Sierra Nevada's premier recreational opportunities, including skiing, snowboarding, hiking, mountain biking, fishing, boating, golf and snowshoeing. Lake Tahoe is a short drive away, while numerous alpine lakes, trails and ski areas surround the Truckee region. At the same time, Truckee has evolved into a true year-round community with restaurants, schools, businesses, professional services and community organizations. That combination makes an in-town residential location particularly attractive. Residents can enjoy the recreational lifestyle associated with Lake Tahoe and the Sierra Nevada while remaining close to the conveniences of an established town center.

Listed by Ali Liptrot — Chase International - Trk

Listing Details

Status Active
MLS # 20261798
Days on Market 14
Price/Sq Ft $1,132

Property History

Aug 28, 2026
Listed for sale
$1,250,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Apr 2005 · county record $750,000 Deed record — brokerage sides not reported

MLS closed sales, with duplicate ingestions collapsed and lease records excluded, so each row is a distinct transaction. Rows marked county record come from the assessor's deed data, which reaches back further than the MLS feed; rows marked via a listing site fill the years the feed misses using that site's public sale record.

Property Overview
Beds 2
Baths 2.0
Sq. Ft. 1,104
Lot Size 0.89 acres
Year Built 1971
Property Type Single Family Residence
Style Ranch
Subdivision Truckee
County Nevada
STR Jurisdiction Town of Truckee
APN 019030017000
Parking
Garage Spaces 2
Parking Features Two, Attached
Attached Garage Yes
Exterior & Lot
Lot Features Street
View Mountain(s), Downtown
Construction Frame
Roof Metal
Foundation Concrete Perimeter
Utilities & Systems
Heating Electric, Baseboard
📊

STR Investment Analysis

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

STR Investment Analysis

Red Zone
STRUCTURAL SCORE Standard
48
PROJECTED GROSS ANNUAL REVENUE
$20K – $50K typically ~$30,000
~$2,500 per month
Avg Nightly
$156
Occupancy
53%
Cap Rate
0.9%

STR Investment Summary — 10035 Keiser Avenue, Truckee

No revenue projection. Short-term rental permits are not currently obtainable here — the local jurisdiction has reached its permit cap or is waitlisting all new applications.
Est. Gross Annual Revenue
$20K – $50K
typically ~$30,000
Avg Nightly Rate
$156
Projected Occupancy
52.8%
Cap Rate
0.9%
Structural Score: 48 / 100 (Standard) · STR Zone: Red

Based on comparable vacation rental performance data for Truckee. Gross of management, cleaning and platform fees. Assumes full-year availability, professional management and dynamic pricing; owner use reduces it. Revenue projections are estimates and may vary.

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

$0 per month
Principal & interest
$0
Property taxes
$0
HOA dues
$0
From MLS listing data.
Home insurance
$0
Insurance estimate only — Tahoe wildfire-zone rates vary; get a local broker quote for accuracy.
Down payment
20% ($250,000)
Home price
$1,250,000
Loan details
30-yr fixed, 6.5%
Request a Tour

We'll contact you soon.

R
Real Estate Tahoe
Real Estate Agent

Send a Message