$1,875,000 Active
10131 Jakes Way
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.
3 Beds
·
2.5 Baths
·
1,893 Sq Ft

About This Property

Introducing the first resale of the highly sought-after Sage Brush floor plan at The Village at Gray's Crossing. Originally one of the community's most coveted designs, the Sage Brush quickly became a buyer favorite for its exceptional layout, dramatic architecture, and seamless blend of modern mountain style with effortless Tahoe living. Perfectly positioned along the fairways of the Peter Jacobsen-designed Gray's Crossing Golf Course, this beautifully crafted residence is designed to maximize natural light, privacy, and connection to its surroundings. A dramatic double-height great room with soaring ceilings and expansive walls of glass fills the home with sunlight while framing tranquil golf course and mountain views. The open-concept living, dining, and chef's kitchen create an inviting space for entertaining, everyday living, and gathering with family and friends. Thoughtfully designed for both comfort and functionality, the upper level features a private primary suite retreat complete with floor-to-ceiling windows, a spa-inspired bath, and an expansive deck overlooking the fairway. Two additional guest bedrooms are connected by a Jack-and-Jill bath, offering ideal accommodations while maintaining privacy for owners and guests alike. A second-floor overlook adds architectural interest and enhances the home's open, airy feel. Outdoor living is equally impressive. A spacious private patio with a modern linear fire pit extends the living space outdoors, creating the perfect setting for summer evenings beneath the pines or cozy après-ski gatherings after a day on the mountain. Located just minutes from historic downtown Truckee, world-class skiing, North Lake Tahoe, miles of hiking and biking trails, and Gray's Crossing Golf Course, this home offers exceptional access to everything that makes Truckee one of the Sierra's premier year-round destinations. Combining timeless mountain-modern architecture, exceptional craftsmanship, and one of the community's most desirable locations, this residence offers an unparalleled blend of luxury, comfort, and year-round mountain living.

Listed by Eric Navarro — COMPASS

Listing Details

Status Active
MLS # 20261551
Days on Market 3
Price/Sq Ft $990

Property History

Jul 25, 2026
Listed for sale
$1,875,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Nov 2023 $1,815,000 Eric NavarroCOMPASS Eric NavarroCOMPASS

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.

Property Overview
Beds 3
Baths 2.5
Sq. Ft. 1,893
Year Built 2023
Property Type Residential
Style Modern
Subdivision Truckee
County Nevada
STR Jurisdiction Town of Truckee
APN 043060014000
Parking
Garage Spaces 2
Parking Features Two, Attached
Attached Garage Yes
Exterior & Lot
Lot Features On Golf Course
View Golf Course
Utilities & Systems
Heating CFAH
Financial
HOA Fee $1,107 / Monthly
HOA & Community
Community Amenities Golf Course, Other/See Remarks
📊

STR Investment Analysis

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

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Excellent
87
PROJECTED ANNUAL REVENUE
$142,500 ($118K – $167K range)
~$11,875 per month
Avg Nightly
$485
Occupancy
68%
Cap Rate
5.2%

STR Investment Summary — 10131 Jakes Way, Truckee

Est. Annual Revenue
$46,082
Avg Nightly Rate
$241
Projected Occupancy
52.4%
Cap Rate
1.0%
Structural Score: 61 / 100 (Premium) · STR Zone: Red

Based on comparable vacation rental performance data for Truckee. 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% ($375,000)
Home price
$1,875,000
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