$2,750,000 Active
11631 Coburn Drive
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
·
3.5 Baths
·
2,862 Sq Ft
Virtual Tour

About This Property

Set within the sought-after community of Gray's Crossing, this newly constructed single-story home offers a seamless blend of modern design and mountain living. Thoughtfully designed with 4 bedrooms, the home features an open, light-filled floor plan with clean lines and high-end finishes throughout. The chef’s kitchen is anchored by elegant marble countertops and flows effortlessly into the great room, creating an ideal space for entertaining or relaxing. A striking wine storage wall adds both function and a sophisticated design element. Heated floors in all the baths, mudroom and entry for a cozy feel. Massive 3-car garage plus a separate gear room for all your recreational needs. Expansive mountain views can be enjoyed from the main living areas and outdoor spaces, bringing the beauty of Truckee’s natural surroundings into everyday living. Contemporary details and quality craftsmanship are evident in every room, offering a turnkey experience. Offered fully furnished, this home provides an exceptional opportunity to immediately enjoy all that Tahoe living has to offer—whether as a full-time residence or mountain retreat. Gray’s Crossing owners enjoy access to the community’s private swim and fitness center, now featuring updated amenities including locker room saunas and cold plunge tubs. Ideally located just minutes from downtown Truckee.

Listed by Liza Killen — Tahoe Mountain Realty

Listing Details

Status Active
MLS # 20260623
Price/Sq Ft $961

Property History

Apr 23, 2026
Listed for sale
$2,750,000
Property Overview
Beds 4
Baths 3.5
Sq. Ft. 2,862
Lot Size 0.40 acres
Stories 1
Year Built 2026
Property Type Single Family Residence
Style Modern
Subdivision Truckee
County Nevada
STR Jurisdiction Town of Truckee
APN 019-780-019-000
Parking
Parking Features Three
Exterior & Lot
Exterior Features High Ceilings,Landscaping,Air Conditioning
Lot Features Gentle
View Filtered
Construction Framed
Roof Composition,Metal
Foundation Perim Concrete
Utilities & Systems
Heating CFAH,In Floor
Financial
HOA Fee $221
HOA & Community
Community Amenities Pool,Exercise Equipment
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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 — 11631 Coburn Drive, Truckee

Est. Annual Revenue
$89,000
Avg Nightly Rate
$895
Projected Occupancy
27.2%
Cap Rate
1.3%
Structural Score: 73 / 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% ($550,000)
Home price
$2,750,000
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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