$1,270,000 Active
11423 Lucerne Lane
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
·
3.0 Baths
·
2,030 Sq Ft
Virtual Tour

About This Property

Mountain Living on One of Tahoe Donner’s Most Desirable Streets OPEN HOUSE: 4-6pm Fri. Sep. 25th, 12-3pm Sat. 26th, 2-4pm Sun. 27th. Set on beautifully landscaped grounds on one of Tahoe Donner’s most sought-after streets, this inviting mountain retreat offers the ideal combination of comfort, privacy, and quintessential Tahoe living. Featuring 3 bedrooms and 3 full bathrooms, the home is thoughtfully designed for both relaxing weekends and extended stays. A versatile bonus room opens directly to the back deck, where aspen and wooded views create a peaceful setting for morning coffee, après-ski gatherings, or summer evenings surrounded by nature. Additional living space includes loft access with a bonus nook, offering flexibility for a home office, yoga area, reading retreat, or creative space. A flat driveway with convenient overflow parking adds to the home's functionality and ease of access. Outside, the beautifully landscaped grounds complement the natural mountain setting, creating a private and inviting environment to enjoy year-round. Not only is this a potential turn key cabin for immediate enjoyment, benefit from updates including brand new Calcutta gold marble countertops with a large peninsula ideal for entertaining, a brand new stainless steel range, and new wood flooring throughout the main level. And with Tahoe Donner’s extensive amenities at your doorstep—including recreation facilities, pools, fitness, golf, pickle ball/tennis, trails, and seasonal activities—this is more than a mountain cabin; it’s a gateway to the full Tahoe lifestyle.

Listed by Christy Morrison — Home and Slate Real Estate

Listing Details

Status Active
MLS # 20262022
Days on Market 3
Price/Sq Ft $626

Property History

Sep 25, 2026
Listed for sale
$1,270,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Sep 2004 · county record $605,000 Deed record — brokerage sides not reported

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 3
Baths 3.0
Sq. Ft. 2,030
Lot Size 0.30 acres
Year Built 1993
Property Type Single Family Residence
Style Mountain
Subdivision Tahoe Donner
County Nevada
STR Jurisdiction Town of Truckee
APN 044590031000
Parking
Garage Spaces 2
Parking Features Two, Attached, Garage Door Opener, Other
Attached Garage Yes
Exterior & Lot
Lot Features Street, Landscaped, Rental History
View Trees/Woods
Construction Frame
Roof Metal
Foundation Concrete Perimeter
Utilities & Systems
Heating Natural Gas, CFAH
Financial
HOA Fee $302 / Monthly
HOA & Community
Community Amenities Beach Access, Pool, Tennis Court(s), Golf Course, Equestrian Center, Cross Country Skiing, Down Hill Skiing, Exercise Equipment, Boat Ramp
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STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Red Zone
STRUCTURAL SCORE Premium
57
PROJECTED GROSS ANNUAL REVENUE
$30K – $95K typically ~$45,000
~$3,750 per month
Avg Nightly
$240
Occupancy
51%
Cap Rate
1.4%

STR Investment Summary — 11423 Lucerne Lane, Truckee

No revenue projection. Short-term rental permits are not currently obtainable here — the local jurisdiction has reached its permit cap or is waitlisting all new applications.
Est. Gross Annual Revenue
$30K – $95K
typically ~$45,000
Avg Nightly Rate
$240
Projected Occupancy
51.3%
Cap Rate
1.4%
Structural Score: 57 / 100 (Premium) · STR Zone: Red

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.

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

$8,665 per month
Principal & interest
$6,422/mo
Property taxes
$1,116/mo
1.0544% of the price, Truckee's 2025-26 rate, plus direct charges: California re-assesses a home at its sale price.
HOA dues
$302/mo
From MLS listing data.
Home insurance
$825/mo
CA FAIR Plan + DIC estimate, ~$8,300–$11,500/yr — wildfire-zone rates vary; not a bindable quote.
Down payment
20% ($254,000)
Home price
$1,270,000
Loan details
30-yr fixed, 6.5%
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