$975,000 Active
10664 Martis 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
·
2.0 Baths
·
1,552 Sq Ft

About This Property

Rarely does a remodeled Truckee home pair this much polish with such a quietly coveted setting. This new three-bedroom, two-bathroom offering places 1,552 square feet of luminous mountain style within a park-like landscape, and buyers seeking privacy, space, and turnkey ease should not wait. Sunlight pours through generous windows, bringing warmth and dimension to the open-feeling floor plan and underscoring the quality of the renovation. Sophisticated finishes feel elevated yet inviting, while three well-proportioned bedrooms offer flexibility for a variety of residential, guest, or home office uses. Two bathrooms simplify daily routines, and the serene primary bedroom offers a welcome retreat after enjoying area recreation or an evening downtown. Beyond the interiors, the generous lot delivers the breathing room that has become increasingly difficult to find. A fenced backyard, framed by mature greenery, is ready for alfresco dinners, garden plans, morning coffee, and dogs intent on supervising the squirrels. Ample parking keeps weekends and visiting guests refreshingly uncomplicated. Riverview Bike Park lies nearby, while downtown Truckee dining, shopping, and the historic train station are only minutes away. Tahoe Expedition Academy and Grocery Outlet add everyday convenience, with ski slopes, lake days, and four-season adventure close at hand. Yet the residential setting offers a sense of calm while remaining close to area amenities. Homes combining this setting, renovation, natural light, and outdoor privacy seldom linger. Schedule your private showing promptly—before another buyer claims this exceptional Truckee retreat.

Listed by Ricki Manahan — Mountain Luxury Properties

Listing Details

Status Active
MLS # 20261865
Days on Market 10
Price/Sq Ft $628

Property History

Sep 03, 2026
Listed for sale
$975,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Jun 2020 · via MLS history $538,000

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 3
Baths 2.0
Sq. Ft. 1,552
Lot Size 0.27 acres
Year Built 1978
Property Type Single Family Residence
Style Mountain
Subdivision Truckee
County Nevada
STR Jurisdiction Town of Truckee
APN 019570005000
Parking
Garage Spaces 1
Parking Features One, Attached
Attached Garage Yes
Exterior & Lot
Lot Features Street
View Trees/Woods
Construction Frame
Roof Composition
Foundation Concrete Perimeter
Utilities & Systems
Heating Natural Gas, Wood
Cooling Air Conditioning
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STR Investment Analysis

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

STR Investment Analysis

Red Zone
STRUCTURAL SCORE Standard
49
PROJECTED GROSS ANNUAL REVENUE
$25K – $60K typically ~$35,000
~$2,917 per month
Avg Nightly
$186
Occupancy
52%
Cap Rate
1.4%

STR Investment Summary — 10664 Martis 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
$25K – $60K
typically ~$35,000
Avg Nightly Rate
$186
Projected Occupancy
51.6%
Cap Rate
1.4%
Structural Score: 49 / 100 (Standard) · 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% ($195,000)
Home price
$975,000
Loan details
30-yr fixed, 6.5%
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