$995,000 Active
10868 Laurelwood 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
·
2.5 Baths
·
1,592 Sq Ft
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About This Property

Positioned on a quiet street in Truckee’s sought-after Prosser Lakeview neighborhood, this property is ideal blend of mountain charm, thoughtful updates, and year-round recreation. Framed by towering pines with filtered views toward Prosser Reservoir and the Carson Range, this inviting retreat captures the essence of peaceful mountain living while placing outdoor adventure moments from your doorstep. With close proximity to miles of trails, National Forest land, and endless recreational opportunities—including hiking, biking, skiing, snowmobiling, paddle boarding, and lake days—the very best of Truckee is within easy reach. An open-concept great room is thoughtfully designed for gathering, entertaining, and everyday comfort. The updated kitchen flows seamlessly into the dining and living areas, while direct access to the back deck invites effortless indoor-outdoor living surrounded by the tranquility of the forest. Exposed beams, rich wood accents, and a cozy wood-burning stove evoke timeless mountain character, complemented by extensive remodeling and carefully considered improvements that enhance both comfort and style. A versatile loft and the flexible floor plan easily accommodates guests, remote work, or additional lounge space. Situated on approximately 0.35± acres, the property also features an attached two-car garage, generous storage for Tahoe gear, and the added benefit of no HOA. Offered fully furnished for immediate enjoyment, this move-in ready home allows for a seamless transition from day one. Whether envisioned as a full-time residence, weekend escape, or investment opportunity, this lovely home presents a rare chance to embrace the relaxed Truckee lifestyle in one of the area’s most desirable neighborhoods.

Listed by Beth Tanhoff — Engel & Volkers Truckee

Listing Details

Status Active
MLS # 20260937
Price/Sq Ft $625

Property History

May 22, 2026
Listed for sale
$995,000
Property Overview
Beds 3
Baths 2.5
Sq. Ft. 1,592
Lot Size 0.35 acres
Stories 2
Year Built 1980
Property Type Single Family Residence
Style Mountain
Subdivision Truckee
County Nevada
STR Jurisdiction Town of Truckee
APN 016-410-011-000
Parking
Parking Features Two
Exterior & Lot
Lot Features Downslope
View Lake,Filtered,Wooded
Construction Framed,Wooded
Roof Shake/Shingle
Foundation Perim Concrete,Slab
Utilities & Systems
Heating Natural Gas,Wood Stove
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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 — 10868 Laurelwood Drive, Truckee

Est. Annual Revenue
$54,794
Avg Nightly Rate
$424
Projected Occupancy
37.3%
Cap Rate
2.2%
Structural Score: 68 / 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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($199,000)
Home price
$995,000
Loan details
30-yr fixed, 6.5%
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