$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

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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 39
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
📊

STR Investment Analysis

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

STR Investment Analysis

Red Zone
STRUCTURAL SCORE Premium
58
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.

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.
Structural Score: 58 / 100 (Premium) · STR Zone: Red

Home Insurance Estimate

California FAIR Plan fire policy + a DIC wrap policy, the usual Tahoe setup

$2,600 – $3,100/yr
about $238/mo
Est. Rebuild Cost (Coverage A)
$651,840
FAIR Plan (fire)
$2,200/yr
DIC wrap (theft, water, liability)
$400 – $900/yr

Estimate from this ZIP's California FAIR Plan rates (Plan data as of 6/30/2026, with the 29.1% increase effective 10/15/2026) on an estimated rebuild cost, plus a DIC policy at 20–40% of the FAIR premium. Not a bindable quote; a local broker quote depends on the home's age, roof, defensible space and claims history.

See it in the monthly payment Tahoe wildfire insurance costs

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

$6,025 per month
Principal & interest
$4,930/mo
Property taxes
$857/mo
1.0544% of the price, Truckee's 2025-26 rate, plus direct charges: California re-assesses a home at its sale price.
HOA dues
$0/mo
From MLS listing data.
Home insurance
$238/mo
CA FAIR Plan + DIC estimate, ~$2,600–$3,100/yr — wildfire-zone rates vary; not a bindable quote.
Down payment
20% ($195,000)
Home price
$975,000
Loan details
30-yr fixed, 6.5%
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