Sold $950,000 $1,045,000 Closed
11441 Lockwood Drive
Truckee, CA 96161

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SOLD 2025-11-18
Sold for $950,000 (listed at $1,045,000)
4 Beds
·
3.5 Baths
·
3,194 Sq Ft
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About This Property

Custom Mountain Retreat with Views, In-Law Unit, & Expansion Potential Nestled on a spacious 1.13-acre lot, this beautifully updated custom-built residence offers privacy, flexibility, and breathtaking views of Mt. Rose. Step inside to discover a warm, inviting interior featuring tasteful upgrades throughout—blending mountain charm with modern comfort. The spacious layout includes a thoughtfully designed attached in-law unit (ADU) with its own entrance, perfect for guests, extended family, or rental income. The main home features 3 bedrooms and 2.5 bathrooms and 2,052 SF of well thought out space. The In-Law unit features a full kitchen 1 bedroom + loft and 1 full bathroom with 638 SF of spaciousness and can be accessed via the common area or separately. The common area and storage area combine to make another 504 SF of space. Enjoy peace of mind with a Generac backup generator, ensuring comfort through every season. The home offers abundant storage options, with room to grow. Plans for a garage have been drawn up, please see photos to view. The ADU/In-Law Unit unit could make $2,500 of rental income per month. Outside, the expansive lot provides a rare sense of space and seclusion, with room to roam, entertain, or expand. Whether you're gazing out at snowy peaks or relaxing under the pines, this is true mountain living—just minutes from downtown Truckee, world-class skiing, and Lake Tahoe. This one-of-a-kind property checks all the boxes for a full-time residence, vacation home, or smart investment. Matterport 3D Virtual Tour: https://my.matterport.com/show/?m=CrR6G9h6m9W&brand=0&mls=1&

Listed by Christie Dille — Christina Dille, Broker

Listing Details

Status Closed
MLS # 20251157
Sold Date 2025-11-18
Sold Price $950,000
Price/Sq Ft $327

Property History

May 31, 2025
Listed for sale
$1,399,000
Current
Sold
$950,000
Property Overview
Beds 4
Baths 3.5
Sq. Ft. 3,194
Lot Size 1.13 acres
Year Built 1988
Property Type Single Family Residence
Style Other
Subdivision Truckee
County Nevada
STR Jurisdiction Town of Truckee
APN 019190009
Parking
Parking Features None
Exterior & Lot
Lot Features Street
View Peek, Filtered, Trees/Woods, Mountain(s)
Construction Frame
Roof Metal
Foundation Concrete Perimeter
Utilities & Systems
Heating Propane, Electric, Heat Pump, Wall Furnace, Wood Stove
Cooling Air Conditioning

STR Investment Summary — 11441 Lockwood Drive, 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.
Structural Score: 60 / 100 (Premium) · STR Zone: Red

Home Insurance Estimate

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

$5,500 – $6,400/yr
about $496/mo
Est. Rebuild Cost (Coverage A)
$1,341,480
FAIR Plan (fire)
$4,600/yr
DIC wrap (theft, water, liability)
$900 – $1,800/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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