$775,000 Active
10414 Martis Valley Road
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
·
2.0 Baths
·
1,312 Sq Ft
Virtual Tour

About This Property

Tucked in a fully fenced yard on a level lot, this light-filled home combines privacy, functionality, and perfect mountain living. Nestled off the main stretch of Martis Valley Road, this nature-inspired mountain home offers the ideal combination of privacy, comfort, and convenience. Whether you're searching for your first home, weekend getaway, or investment opportunity, this inviting property checks all the boxes. Inside, soaring ceilings and dramatic floor-to-ceiling windows fill the home with natural light and create an airy, open atmosphere. The living space feels both cozy and expansive, bringing the beauty of the outdoors inside while offering a warm and inviting mountain ambiance. The thoughtfully designed floor plan features three bedrooms and two full bathrooms, providing flexibility for family, guests, or a home office. The upstairs primary suite serves as a private retreat, complete with cathedral ceilings and a tranquil, treehouse-like setting that feels tucked away among the treetops. Quiet, peaceful, and filled with natural light, it's the perfect place to unwind and recharge. The kitchen and living areas flow seamlessly together, making it easy to gather with friends and family after a day of skiing, hiking, biking, or exploring all that Truckee and Lake Tahoe have to offer. Large windows frame the surrounding landscape while maintaining a sense of privacy and connection to nature. An extra-deep one-car garage provides valuable storage space for vehicles, mountain gear, bikes, skis, paddleboards, and all the toys that come with the Tahoe lifestyle. Additional parking and the level lot make year-round access and maintenance easy. Situated on a level, usable lot, the home is tucked behind a fully fenced yard, creating a private sanctuary for pets, children, outdoor entertaining, or simply enjoying the peaceful mountain setting. The spacious back deck provides the perfect place for summer barbecues, morning coffee, or relaxing under the stars after a day of adventure. Conveniently located near world-class skiing, miles of trails, golf courses, shopping, dining, and historic downtown Truckee, this home offers an exceptional opportunity to enjoy mountain living at an attainable price point. Whether you're looking for your first home, a vacation escape, or a place to create lasting memories with family and friends, this delightful property is ready to welcome you home. Don't miss this rare opportunity to own a home in one of the best neighborhoods in Truckee.

Listed by Christy Morrison — Home and Slate Real Estate

Listing Details

Status Active
MLS # 20261262
Price/Sq Ft $591

Property History

Jun 24, 2026
Listed for sale
$775,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,312
Lot Size 0.33 acres
Stories 2
Year Built 1984
Property Type Single Family Residence
Style Mountain
Subdivision Truckee
County Placer
STR Jurisdiction Town of Truckee
APN 19-350-15
Parking
Parking Features One
Exterior & Lot
Exterior Features High Ceilings,Swimming Pool,Tennis Court,High Speed Internet
Lot Features Level
Construction Framed
Roof Composition
Financial
HOA Fee $472
HOA & Community
Community Amenities Pool,Tennis Courts
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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 — 10414 Martis Valley Road, Truckee

Est. Annual Revenue
$38,286
Avg Nightly Rate
$283
Projected Occupancy
40.0%
Cap Rate
2.0%
Structural Score: 65 / 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% ($155,000)
Home price
$775,000
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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