$1,125,000 Closed
11151 Knotty Pine Drive
Truckee, CA 96161
SOLD 2025-12-12
Sold for $1,125,000
3 Beds
·
2.0 Baths
·
1,498 Sq Ft
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About This Property

Tucked into the heart of the majestic Martiswoods Estates in Truckee, California, this warm and inviting mountain chalet offers the perfect fusion of peace and timeless design. Surrounded by towering pines and gently rolling forested landscape, this well maintained residence presents the ideal opportunity for those seeking a quiet mountain retreat, a forever home, or a startup base.

Listed by Ricki Manahan — Allison James Estates & Homes

Listing Details

Status Closed
MLS # 20252413
Sold Date 2025-12-12
Sold Price $1,125,000
Price/Sq Ft $751

Property History

Nov 01, 2025
Listed for sale
$1,250,000
Current
Sold
$1,125,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,498
Lot Size 0.92 acres
Year Built 1990
Property Type Single Family Residence
Style Mountain
Subdivision Truckee
County Placer
STR Jurisdiction Placer County
APN 080360010000
Parking
Garage Spaces 2
Parking Features Two, Attached
Attached Garage Yes
Exterior & Lot
Lot Features Greenbelt
View Trees/Woods
Construction Frame
Roof Metal
Foundation Concrete Perimeter
Utilities & Systems
Heating Natural Gas

STR Investment Summary — 11151 Knotty Pine Drive, Truckee

Est. Gross Annual Revenue
$25K – $55K
typically ~$35,000
Avg Nightly Rate
$180
Projected Occupancy
53.4%
Cap Rate
1.3%
Structural Score: 49 / 100 (Standard) · STR Zone: Yellow

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.

Home Insurance Estimate

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

$2,500 – $2,900/yr
about $225/mo
Est. Rebuild Cost (Coverage A)
$629,160
FAIR Plan (fire)
$2,100/yr
DIC wrap (theft, water, liability)
$400 – $800/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
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