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About This Property
Rare Prosser Creek Home with Included Buildable Lot! Welcome to 10136 E Alder Creek Road, a true legacy property offering a unique, once-in-a-lifetime opportunity in Truckee. This meticulously remodeled log home sits directly on the banks of Prosser Creek, an exceptionally rare waterfront setting. Step out your back door to the soothing sounds of the creek and gain immediate, seamless access to miles of pristine wilderness trails and outdoor adventure. The main, single story residence exudes rustic luxury, featuring a beautifully updated log build with 3 spacious bedrooms, 2 custom bathrooms, and modern comfort including air conditioning. The expansive open living areas flow effortlessly onto a giant outdoor entertainment deck, perfect for soaking in the sun and peaceful forest and creek views. Adding incredible versatility, the property includes a detached garage with a 1-bedroom space above, ideal for a guest suite or home office. Ample parking. Outdoor enthusiasts and creators will appreciate the massive storage capacity and the substantial workshop area located underneath the home. The ultimate bonus: This offering includes the adjacent buildable lot, 10124 E Alder Creek Rd, currently utilized as a beautifully improved, fully fenced corral area. Keep it as an expanded private estate, outdoor entertaining space or develop the second lot down the road. Properties with this combination of creek frontage, acreage flexibility, and updated mountain architecture are rarely available. Don't miss this Truckee masterpiece!
Listing Details
Property History
Sale History · changed hands 1×
| Sold | Price | Listing agent (sell side) | Buyer agent (buy side) |
|---|---|---|---|
| May 2006 · county record | $749,000 | 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.
STR Investment Analysis
Red ZoneSTR Investment Summary — 10136 E Alder Creek Road, Truckee
Home Insurance Estimate
California FAIR Plan fire policy + a DIC wrap policy, the usual Tahoe setup
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 costsCost Segregation Tax Savings
Estimated first-year bonus depreciation savings
