$3,250,000 Active
11582 Henness 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
·
3,758 Sq Ft

About This Property

Discover unparalleled luxury in Gray’s Crossing. Set on a .55-acre homesite adjacent to the 15th fairway, this exceptional residence enjoys expansive golf course and forest views in a serene mountain setting. Designed by Brandon Mitchell Architecture, the home showcases light-filled interiors, soaring 25-foot ceilings, a dramatic floor-to-ceiling fireplace, European white oak wide-plank flooring and a thoughtfully designed open floor plan that balances connection with privacy. The gourmet kitchen features high-end appliances and a walk-in pantry, flowing seamlessly into the spacious living and dining areas for effortless entertaining. Outdoor living is equally inviting, with a built-in fire pit and covered terrace off the primary suite—ideal for quiet evenings or gatherings with family and friends. The home offers primarily single-level living, with the primary suite and two additional ensuite bedrooms on the main floor. A private upstairs ensuite provides flexible space for guests, a family room or home office. Additional highlights include a wet bar, solar panels, seven-zone hydronic heating throughout—including the three-car garage—a generous mudroom, dedicated mechanical room and prewiring for future audiovisual equipment and security cameras. Thoughtfully designed and beautifully appointed, this remarkable Gray’s Crossing residence offers sophisticated mountain living at its finest.

Listed by Margo Laustsen — Coldwell Banker Realty

Listing Details

Status Active
MLS # 20261729
Days on Market 22
Price/Sq Ft $865

Property History

Aug 18, 2026
Listed for sale
$3,250,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
May 2023 · county record $2,500,000 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.

Property Overview
Beds 4
Baths 4.5
Sq. Ft. 3,758
Lot Size 0.55 acres
Year Built 2023
Property Type Single Family Residence
Style Contemporary
Subdivision Truckee
County Placer
STR Jurisdiction Town of Truckee
APN 043040024000
Parking
Garage Spaces 3
Parking Features Three, Attached, Heated Garage
Attached Garage Yes
Exterior & Lot
Lot Features On Golf Course
View Trees/Woods, Golf Course
Construction Frame, Wood Siding
Roof Composition, Metal
Foundation Partial
Utilities & Systems
Heating Natural Gas, Radiant
Financial
HOA Fee $221 / Monthly
📊

STR Investment Analysis

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

STR Investment Analysis

Red Zone
STRUCTURAL SCORE Premium
73
PROJECTED GROSS ANNUAL REVENUE
$91K – $172K typically ~$123,903
~$10,325 per month
Avg Nightly
$1059
Occupancy
32%
Cap Rate
1.5%

STR Investment Summary — 11582 Henness Road, Truckee

No revenue projection. Short-term rental permits are not currently available here — the local cap is reached and the waitlist is closed.
Est. Gross Annual Revenue
$91K – $172K
typically ~$123,903
Avg Nightly Rate
$1059
Projected Occupancy
32.0%
Cap Rate
1.5%
Structural Score: 73 / 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% ($650,000)
Home price
$3,250,000
Loan details
30-yr fixed, 6.5%
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