$1,278,000 $12,780,000 ↓ $11,502,000 reduced Active
10342 Palisades Drive
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
·
3.5 Baths
·
1,730 Sq Ft
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About This Property

Tucked into a peaceful enclave on the edge of downtown Truckee, 10342 Palisades Drive offers the rare combination of mountain serenity and convenience. Surrounded by tranquil forest with filtered greenbelt views off two private decks, this beautifully crafted 3-bedroom, 3.5- bath residence feels worlds away while remaining just moments from downtown Truckee. Easily access world-class ski resorts, the Truckee Regional Park, shopping, dining, and, most importantly, miles of hiking and mountain biking on the coveted 06 trail network, all just minutes from your front door. Built in 2021, the townhome itself showcases an eye-catching mountain modern exterior paired with a selection of custom-curated, high-end interior finishes, including custom alder cabinetry, quartz countertops, laminate hardwood flooring, Samsung stainless-steel appliances, and two inviting gas fireplaces. Two of the three bedrooms feature en suite baths, including a luxurious primary retreat with a spa-inspired bathroom complete with freestanding soaking tub. A spacious two-car garage provides added storage while a versatile lower-level bonus space makes for a flexible living option. Offering the privacy and quality of a custom home in an intimate setting, this is an uncommon opportunity to enjoy the very best of the Truckee lifestyle.

Listed by Katariina Nousiainen — Carr Long Real Estate

Listing Details

Status Active
MLS # 20261382
Days on Market 1
Price/Sq Ft $739

Property History

Jul 03, 2026
Listed for sale
$1,278,000
Property Overview
Beds 3
Baths 3.5
Sq. Ft. 1,730
Year Built 2020
Property Type Residential
Style Mountain
Subdivision Truckee
County Placer
STR Jurisdiction Town of Truckee
APN 1952005000
Parking
Garage Spaces 2
Parking Features Two, Attached
Attached Garage Yes
Exterior & Lot
Lot Features Greenbelt
View Filtered
Construction Wood Siding
Roof Composition
Foundation Concrete Perimeter
Utilities & Systems
Heating Natural Gas
Financial
HOA Fee $190 / Monthly
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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 — 10342 Palisades Drive, Truckee

Est. Annual Revenue
$49,845
Avg Nightly Rate
$370
Projected Occupancy
38.6%
Cap Rate
1.6%
Structural Score: 71 / 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% ($255,600)
Home price
$1,278,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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