$850,000 $925,000 ↓ $75,000 reduced Active
11511 Rhineland Avenue
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
·
2.0 Baths
·
1,496 Sq Ft

About This Property

Welcome to 11511 Rhineland Ave, a storybook single-story haven nestled on a quiet, tree-lined street in the heart of Tahoe Donner. From the moment you pull up to the level driveway, the home’s newly painted exterior and sun-drenched .35-acre lot invite you to slow down and stay a while. Step inside to discover a warm, charm-filled retreat designed for easy mountain living. Everything you need is thoughtfully arranged on a single level, offering a seamless flow between cozy living spaces, three comfortable bedrooms, and two full baths. A dedicated laundry room adds everyday convenience, keeping winter gear and outdoor attire neatly tucked away. Out back, the sunny rear deck serves as your private front-row seat to nature—the perfect spot for morning coffee, evening barbecues, or simply soaking in the crisp alpine air. While the setting feels blissfully peaceful, you're never far from the action. This enchanting home puts you just minutes from world-class Tahoe Donner amenities, including golf, tennis, hiking trails, cross-country skiing, and private beach club access. Whether you’re seeking a full-time sanctuary or a quintessential mountain getaway, this charming picture-book home is ready for its next chapter.

Listed by Carmen Carr — Engel & Volkers Truckee

Listing Details

Status Active
MLS # 20261654
Days on Market 34
Price/Sq Ft $568

Property History

Aug 07, 2026
Listed for sale
$925,000
Aug 15, 2026
Price reduced
$899,000 $925,000 ↓ $26,000
Aug 27, 2026
Price reduced
$850,000 $899,000 ↓ $49,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Apr 1994 · county record $160,000 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 2.0
Sq. Ft. 1,496
Lot Size 0.35 acres
Year Built 1992
Property Type Single Family Residence
Style Mountain
Subdivision Tahoe Donner
County Placer
STR Jurisdiction Town of Truckee
APN 044230021000
Parking
Garage Spaces 2
Parking Features Two, Attached
Attached Garage Yes
Exterior & Lot
Lot Features Street
View Trees/Woods
Construction Frame
Roof Composition
Foundation Concrete Perimeter
Utilities & Systems
Heating Natural Gas
Financial
HOA Fee $3,621 / Annually
HOA & Community
Community Amenities Beach Access, Pool, Tennis Court(s), Golf Course, Equestrian Center, Cross Country Skiing, Down Hill Skiing, Exercise Equipment, Boat Ramp
📊

STR Investment Analysis

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

STR Investment Analysis

Red Zone
STRUCTURAL SCORE Premium
60
PROJECTED GROSS ANNUAL REVENUE
$25K – $55K typically ~$40,000
~$3,333 per month
Avg Nightly
$212
Occupancy
52%
Cap Rate
1.8%

STR Investment Summary — 11511 Rhineland Avenue, 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
$25K – $55K
typically ~$40,000
Avg Nightly Rate
$212
Projected Occupancy
51.7%
Cap Rate
1.8%
Structural Score: 60 / 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

$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% ($170,000)
Home price
$850,000
Loan details
30-yr fixed, 6.5%
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