Sold $1,550,000 $1,650,000 Closed
11310 Thelin Drive
Truckee, CA 96161

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SOLD 2026-07-06
Sold for $1,550,000 (listed at $1,650,000)
📋 STR Permit on File
Placer County's public short-term-rental registry shows a permit on file for this home. Permits never transfer with a sale — a buyer applies for their own.
4 Beds
·
3.5 Baths
·
2,140 Sq Ft
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It sold for $1,550,000 on 2026-07-06, and prices have moved since. Three boxes: leave your number and Murat calls you with what it would sell for today, priced from the latest closed sales nearby.

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About This Property

Tucked into the highly sought-after community of Martiswoods Estates, this beautifully crafted mountain retreat sits on nearly a full acre in one of Truckee’s most desirable neighborhoods. Located just minutes from historic downtown Truckee and conveniently accessible from Interstate 80, 11310 Thelin Drive offers the rare balance of peaceful mountain living and easy access to everything Tahoe has to offer. Known for its quiet setting, large estate parcels, towering pines, and direct access to miles of hiking and biking trails, Martiswoods Estates remains one of Truckee’s premier communities for those seeking both privacy and connection to the outdoors. Blending the warmth of a classic mountain lodge with the comfort and functionality of a modern home, this 4-bedroom, 3.5-bath residence delivers a layout designed for both everyday living and unforgettable weekends with family and friends. The spacious great room serves as the heart of the home, creating an inviting atmosphere for entertaining, relaxing by the fire, or reconnecting after long days on the slopes and trails. Rich wood flooring, hickory cabinetry, concrete countertops, stone finishes, and timeless mountain design elements create a warm yet refined aesthetic throughout the home. Thoughtfully designed with flexibility in mind, the home features a separate sleeping wing complete with built-in bunk beds and a dedicated “kids cave” — the perfect space for movie nights, games, and adventures of their own while the adults enjoy a little well-earned peace and quiet. Outside, the nearly one-acre parcel provides exceptional space and future potential. Whether you envision an additional garage, guest house, ADU, workshop, or expanded outdoor living areas, the property offers room to grow without sacrificing privacy. Additional highlights include: -Large two-car garage with room for gear and toys -Direct access to the nearby 06 Trail system for hiking and biking -Expansive forested setting with peaceful mountain surroundings -Minutes to Palisades Tahoe, Northstar, Sugar Bowl, and Donner Lake -Easy year-round access to Interstate 80 and downtown Truckee This is the kind of property buyers wait years to find — a true mountain lifestyle home with character, space, and access to everything that makes Truckee special.

Listed by David Gemme — Sierra Sotheby's Int Realty TC

Listing Details

Status Closed
MLS # 20260884
Sold Date 2026-07-06
Sold Price $1,550,000
Price/Sq Ft $771

Property History

May 20, 2026
Listed for sale
$1,650,000
Current
Sold
$1,550,000

Sale History · changed hands 2×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Nov 2022 · via MLS history $1,250,000 — —
Jul 2026 · this listing $1,550,000 (+24%) David GemmeSierra Sotheby's Int Realty TC Kane SchallerDickson Realty

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 4
Baths 3.5
Sq. Ft. 2,140
Lot Size 0.92 acres
Year Built 2005
Property Type Single Family Residence
Style Mountain
Subdivision Truckee
County Placer
STR Jurisdiction Placer County
APN 080360015000
Parking
Garage Spaces 2
Parking Features Two, Attached
Attached Garage Yes
Exterior & Lot
Lot Features Street, Rental History
View Trees/Woods
Construction Frame
Roof Composition
Foundation Concrete Perimeter
Utilities & Systems
Heating Natural Gas

STR Investment Summary — 11310 Thelin Drive, Truckee

Est. Gross Annual Revenue
$50K – $85K
typically ~$65,000
Avg Nightly Rate
$358
Projected Occupancy
49.8%
Cap Rate
1.6%
Structural Score: 68 / 100 (Premium) · 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

$3,700 – $4,300/yr
about $333/mo
Est. Rebuild Cost (Coverage A)
$898,800
FAIR Plan (fire)
$3,100/yr
DIC wrap (theft, water, liability)
$600 – $1,200/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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