$950,000 Active
11294 Bishop Pine Road
Truckee, CA 96161
✓ STR Allowed — Permit Required
Placer County STR permit required. County-wide cap of 3,900 permits — new permits available until cap is reached.
3 Beds
·
2.0 Baths
·
1,337 Sq Ft

About This Property

Welcome to this beautifully updated 3-bedroom, 2-bath home in the highly desirable Sierra Meadows neighborhood of Truckee. Offering a functional floor plan and a spacious 2-car garage, this home combines modern updates with mountain-town charm. The remodeled kitchen features contemporary finishes, updated cabinetry, quality countertops, and newer appliances, making it the perfect space for cooking and entertaining. Both bathrooms have been tastefully renovated with stylish fixtures and finishes, providing a fresh, move-in-ready feel throughout. Natural light fills the living spaces, creating a warm and inviting atmosphere, while the home's thoughtful layout offers comfortable living for full-time residents, second-home owners, or those seeking a mountain getaway. Ideally located just minutes from historic downtown Truckee, Donner Lake, world-class skiing, hiking and biking trails, shopping, dining, and easy access to I-80, Sierra Meadows is one of Truckee's most sought-after neighborhoods for its convenience and community feel. Don't miss this opportunity to own an updated home in the heart of Truckee, where mountain living meets everyday comfort.

Listed by Matthew Mehan — Compass

Listing Details

Status Active
MLS # 20261690
Days on Market 1
Price/Sq Ft $711

Property History

Aug 13, 2026
Listed for sale
$950,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,337
Lot Size 0.24 acres
Year Built 1990
Property Type Single Family Residence
Style Mountain
Subdivision Truckee
County Placer
STR Jurisdiction Placer County
APN 080310020000
Parking
Garage Spaces 2
Parking Features Two
Attached Garage Yes
Exterior & Lot
Lot Features Street
Financial
HOA Fee $40 / Monthly
📊

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 — 11294 Bishop Pine Road, Truckee

Est. Annual Revenue
$35,990
Avg Nightly Rate
$188
Projected Occupancy
52.2%
Cap Rate
1.5%
Structural Score: 68 / 100 (Premium) · STR Zone: Yellow

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
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% ($190,000)
Home price
$950,000
Loan details
30-yr fixed, 6.5%
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