$2,490,000 $2,750,000 ↓ $260,000 reduced Active
11631 Coburn Drive
Truckee, CA 96161

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⚠ 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
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Our data on this home

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, with flexibility to further expand the outdoor living areas and enhance the landscape, creating an even more exceptional setting for entertaining and enjoying the mountain surroundings. 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
Days on Market 188
Price/Sq Ft $870

Property History

Apr 23, 2026
Listed for sale
$2,750,000
Sep 03, 2026
Price reduced
$2,580,000 $2,750,000 ↓ $170,000
Oct 17, 2026
Pending
$2,580,000
Oct 21, 2026
Price reduced
$2,490,000 $2,580,000 ↓ $90,000
Oct 21, 2026
Relisted
$2,490,000
Property Overview
Beds 4
Baths 3.5
Sq. Ft. 2,862
Lot Size 0.40 acres
Year Built 2026
Property Type Single Family Residence
Style Modern
Subdivision Truckee
County Nevada
STR Jurisdiction Town of Truckee
APN 019780019000
Parking
Garage Spaces 3
Parking Features Three, Attached, Heated Garage
Attached Garage Yes
Exterior & Lot
Lot Features Street, Landscaped
View Filtered
Construction Frame
Roof Composition, Metal
Foundation Concrete Perimeter
Utilities & Systems
Heating CFAH, In Floor
Cooling Air Conditioning
Financial
HOA Fee $221 / Monthly
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

Red Zone
STRUCTURAL SCORE Luxury
75
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.

STR Investment Summary — 11631 Coburn 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: 75 / 100 (Luxury) · STR Zone: Red

Home Insurance Estimate

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

$6,500 – $7,600/yr
about $588/mo
Est. Rebuild Cost (Coverage A)
$1,574,100
FAIR Plan (fire)
$5,400/yr
DIC wrap (theft, water, liability)
$1,100 – $2,200/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

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

$15,588 per month
Principal & interest
$12,591/mo
Property taxes
$2,188/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
$221/mo
From MLS listing data.
Home insurance
$588/mo
CA FAIR Plan + DIC estimate, ~$6,500–$7,600/yr — wildfire-zone rates vary; not a bindable quote.
Down payment
20% ($498,000)
Home price
$2,490,000
Loan details
30-yr fixed, 6.5%
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