$699,000 Active
10455 Royal Crest 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.
2 Beds
·
1.0 Baths
·
828 Sq Ft

About This Property

Panoramic views and an exceptional green-space setting make this Glenshire property a must-see in person. Set along open space, the home captures an incredible sense of privacy and expansive mountain scenery with an abunance of natural light. Inside, soaring vaulted ceilings and an inviting open-concept design create a bright, spacious atmosphere, with the convenience of single-level living and a bonus loft offering flexible space for an office, guests, media room, or additional living area. The possibilities continue with recently approved plans to add bedrooms, living space, and a garage, creating an exciting opportunity to expand and customize the home to fit your vision. Whether you're a first-time homeowner, couple, retiree, contractor, investor, or family searching for a Tahoe second home, the combination of setting, views, existing layout, and expansion potential offers tremendous flexibility. Located in the desirable Glenshire community, you're just minutes from Glenshire Pond, neighborhood amenities including the pool, tennis courts, and clubhouse, and Glenshire Elementary. With easy access to hiking, biking, skiing, and downtown Truckee, this is an ideal mountain location for enjoying everything the area has to offer. Come see the views in person—this is a rare opportunity to own a home where the setting, views, and potential truly stand out.

Listed by Drew Walden — Engel & Volkers Truckee

Listing Details

Status Active
MLS # 20261981
Days on Market 2
Price/Sq Ft $844

Property History

Sep 18, 2026
Listed for sale
$699,000
Property Overview
Beds 2
Baths 1.0
Sq. Ft. 828
Lot Size 0.39 acres
Year Built 1972
Property Type Single Family Residence
Style Mountain
Subdivision Truckee
County Nevada
STR Jurisdiction Town of Truckee
APN 040210024000
Parking
Parking Features None
Exterior & Lot
Lot Features Greenbelt
View Panoramic, Mountain(s)
Construction Frame
Roof Composition
Foundation Concrete Perimeter
Utilities & Systems
Heating Natural Gas, Electric, CFAH, Baseboard
Financial
HOA Fee $561 / Annually
HOA & Community
Community Amenities Pool, Tennis Court(s)
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STR Investment Analysis

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

STR Investment Analysis

Red Zone
STRUCTURAL SCORE Premium
65
PROJECTED GROSS ANNUAL REVENUE
$20K – $55K typically ~$35,000
~$2,917 per month
Avg Nightly
$181
Occupancy
53%
Cap Rate
2.0%

STR Investment Summary — 10455 Royal Crest Drive, 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.
Est. Gross Annual Revenue
$20K – $55K
typically ~$35,000
Avg Nightly Rate
$181
Projected Occupancy
52.9%
Cap Rate
2.0%
Structural Score: 65 / 100 (Premium) · STR Zone: Red

Based on comparable vacation rental performance data for Truckee. Gross of management, cleaning and platform fees. Assumes full-year availability, professional management and dynamic pricing; owner use reduces it. 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% ($139,800)
Home price
$699,000
Loan details
30-yr fixed, 6.5%
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