Sold $870,000 $848,000 Closed
10121 Palisades Drive #2
Truckee, CA 96161

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SOLD 2025-11-26
Sold for $870,000 (listed at $848,000)
3 Beds
·
2.5 Baths
·
1,882 Sq Ft
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About This Property

Settle into the ease of mountain living with this thoughtfully designed Timbers townhome end-unit. Offering 3 bedrooms, 2.5 baths, a 2-car garage, and 1,882 sq. ft. of living space, it blends comfort with craftsmanship. Built with enduring quality in mind, you’ll notice fine materials and solid construction at every turn. Knotty alder doors and cabinetry lend a rich, timeless character, while hickory hardwood floors add both warmth and durability. The great room serves as an inviting centerpiece with vaulted ceilings and a three-sided peninsula fireplace that creates ambiance from every angle. The kitchen combines granite countertops with stainless steel appliances, making it a natural gathering place for friends and family. The primary suite is a private haven, complete with a walk-in closet, its own deck, and a spacious bath featuring a second peninsula fireplace that can be enjoyed from the comfort of your bed or while relaxing in the jetted tub. Two additional bedrooms and a full bath are thoughtfully set on a separate level, offering privacy and space for everyone. Additional construction details, such as a sprinkler system and airlock entry, add peace of mind. Ideally located just a half mile from downtown Truckee and a third of a mile from Truckee Regional Park and the Legacy Trail along the scenic Truckee River, this home is close to recreation and conveniences alike. Ownership is made simple with low HOA dues that cover snow removal, landscaping, and exterior maintenance, so you can spend less time on upkeep and more time enjoying the Tahoe lifestyle.

Listed by Michael Marrone — Wells and Bennett

Listing Details

Status Closed
MLS # 20252156
Sold Date 2025-11-26
Sold Price $870,000
Price/Sq Ft $451

Property History

Sep 17, 2025
Listed for sale
$848,000
Current
Sold
$870,000
Property Overview
Beds 3
Baths 2.5
Sq. Ft. 1,882
Year Built 2008
Property Type Residential
Style Mountain
Subdivision Truckee
County Nevada
STR Jurisdiction Town of Truckee
APN 019960002000
Parking
Garage Spaces 2
Parking Features Two, Attached
Attached Garage Yes
Exterior & Lot
Lot Features Condo/PUD Project
Roof Composition
Utilities & Systems
Heating Natural Gas
Financial
HOA Fee $420 / Monthly

STR Investment Summary — 10121 Palisades Drive #2, 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.
Structural Score: 73 / 100 (Premium) · STR Zone: Red

Home Insurance Estimate

California FAIR Plan fire policy + a DIC wrap policy, the usual Tahoe setup

$2,300 – $2,700/yr
about $208/mo
Est. Rebuild Cost (Coverage A)
$564,600
FAIR Plan (fire)
$1,900/yr
DIC wrap (theft, water, liability)
$400 – $800/yr

Estimate from this ZIP's California FAIR Plan rates (Plan data as of 6/30/2026, with the 29.1% increase effective 10/15/2026) on an estimated rebuild cost, plus a DIC policy at 20–40% of the FAIR premium. Not a bindable quote; a local broker quote depends on the home's age, roof, defensible space and claims history.

See it in the monthly payment Tahoe wildfire insurance costs
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