$1,088,000 Active
10471 E Alder Creek 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.
4 Beds
·
3.0 Baths
·
2,500 Sq Ft

About This Property

Welcome to this exceptional Prosser Lakeview Estates retreat, ideally situated on one of Truckee's most cherished streets, East Alder Creek Road. Lovingly maintained and thoughtfully updated, this four-bedroom, three-bathroom home offers an ideal combination of comfort, versatility, and the quintessential Tahoe lifestyle. Designed with both functionality and enjoyment in mind, the spacious floor plan includes an impressive gym, generous living spaces, and seamless flow throughout. The updated kitchen and bathrooms blend modern convenience with timeless mountain appeal, while fresh paint and new carpeting enhance the home's bright, inviting atmosphere, making it truly move-in ready. Step outside to a sunny backyard setting featuring a large deck, perfect for entertaining friends and family, outdoor dining, or simply relaxing in the fresh mountain air. Outdoor enthusiasts will appreciate the home's proximity to miles of trails and year-round recreation, while still enjoying the convenience of being just minutes from historic downtown Truckee's shopping, dining, and community amenities. A spacious two-car garage with extensive overhead storage provides plenty of room for vehicles, seasonal gear, and all the outdoor toys needed for mountain adventures. This is a rare opportunity to own a meticulously cared-for home in one of Truckee's most sought-after neighborhoods, where comfort, recreation, and mountain living come together beautifully.

Listed by Mark Via — Coldwell Banker Realty

Listing Details

Status Active
MLS # 20261851
Days on Market 4
Price/Sq Ft $435

Property History

Sep 02, 2026
Listed for sale
$1,088,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Dec 2006 · county record $479,000 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.

Property Overview
Beds 4
Baths 3.0
Sq. Ft. 2,500
Year Built 1981
Property Type Single Family Residence
Style Mountain
Subdivision Truckee
County Placer
STR Jurisdiction Town of Truckee
APN 01647001500
Parking
Garage Spaces 2
Parking Features Two, Attached
Attached Garage Yes
Exterior & Lot
Lot Features Street
View Trees/Woods, Mountain(s)
Construction Wood Siding
Roof Composition
Foundation Perim Block
Utilities & Systems
Heating Natural Gas, CFAH
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STR Investment Analysis

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

STR Investment Analysis

Red Zone
STRUCTURAL SCORE Premium
68
PROJECTED GROSS ANNUAL REVENUE
$40K – $90K typically ~$55,000
~$4,583 per month
Avg Nightly
$315
Occupancy
48%
Cap Rate
2.0%

STR Investment Summary — 10471 E Alder Creek Road, 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
$40K – $90K
typically ~$55,000
Avg Nightly Rate
$315
Projected Occupancy
47.8%
Cap Rate
2.0%
Structural Score: 68 / 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% ($217,600)
Home price
$1,088,000
Loan details
30-yr fixed, 6.5%
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