$2,895,000
11420 Ghirard Road
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.
4 Beds
·
4.5 Baths
·
3,081 Sq Ft

About This Property

Rare opportunity to build your dream home in Gray's Crossing. Permits nearly ready, construction begins June 1st with an estimated 15-month timeline. Proposed 4-bedroom, 4-bath home plus spacious game room—thoughtfully designed for family living and entertaining. Built by Cervantes Custom Homes, Inc., known for exceptional craftsmanship and refined mountain architecture. Customize finishes, colors, and details to match your vision, or purchase the completed home upon build-out. Either way, you get a brand-new custom home designed exactly how you want it— Gray's Crossing offers championship golf course access, walkable proximity to downtown Truckee, minutes to Northstar skiing, and surrounded by trails and year-round recreation. New construction opportunities in this premier community are increasingly rare. Perfect for discerning buyers seeking a primary residence or luxury mountain retreat. Photos shown represent a similar completed home by the builder and illustrate the quality, style, and finishes available. If you've been waiting for the right opportunity to create your legacy home in Gray's Crossing, this is it.

Listed by Christy Morrison — Home and Slate Real Estate

Listing Details

Status Active
MLS # 20260068
Days on Market 84
Price/Sq Ft $940

Property History

Jan 16, 2026
Listed for sale
$2,895,000
Property Overview
Beds 4
Baths 4.5
Sq. Ft. 3,081
Lot Size 0.39 acres
Stories 2
Year Built 2026
Property Type Single Family Residence
Style Modern
Subdivision Truckee
County Nevada
STR Jurisdiction Town of Truckee
APN 019-850-027-000
Parking
Parking Features Two
Exterior & Lot
Exterior Features High Ceilings
Lot Features Downslope,Corner
View Filtered,Wooded,Mountain,Golf
Utilities & Systems
Heating CFAH
Financial
HOA Fee $90
HOA & Community
Community Amenities Other/See Remarks
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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 — 11420 Ghirard Road, Truckee

Est. Annual Revenue
$86,400
Avg Nightly Rate
$862
Projected Occupancy
27.4%
Cap Rate
1.2%
Structural Score: 58 / 100 (Premium) · STR Zone: Green

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% ($579,000)
Home price
$2,895,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Real Estate Agent
License #CA 02235314

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