$1,695,000 Active
11655 Zermatt 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.
3 Beds
·
2.5 Baths
·
2,088 Sq Ft
Virtual Tour

About This Property

NEW AND BEAUTIFUL! This exceptional mountain home backs to a large greenbelt with scenic creeks and an extensive trail system, including convenient access to Trout Creek. Thoughtfully designed with quality craftsmanship throughout, the home features rich quartz countertops, beautiful alder cabinetry, designer tile, high-end lighting, and wide-plank French oak flooring in the great room. The spacious and inviting floor plan offers a stunning great room and luxurious primary suite on the main living level. Downstairs features a generous family room, two guest bedrooms, a full bath, and a laundry room. Enjoy outstanding outdoor living from the expansive rear deck overlooking the gorgeous pine-studded setting. The backyard opens directly to open space, offering year-round recreation, including hiking and biking in the summer and sledding in the winter. This is a wonderful opportunity to own a beautifully finished home in an exceptional natural setting.

Listed by Janie Sharp — COMPASS

Listing Details

Status Active
MLS # 20261492
Days on Market 1
Price/Sq Ft $812

Property History

Jul 18, 2026
Listed for sale
$1,695,000
Property Overview
Beds 3
Baths 2.5
Sq. Ft. 2,088
Lot Size 0.34 acres
Year Built 2026
Property Type Single Family Residence
Style Mountain
Subdivision Tahoe Donner
County Nevada
STR Jurisdiction Town of Truckee
APN 044020022000
Parking
Garage Spaces 2
Parking Features Two, Attached, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Lot Features Greenbelt
View Trees/Woods
Construction Frame
Foundation Concrete Perimeter
Utilities & Systems
Heating Natural Gas, CFAH
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
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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 — 11655 Zermatt Drive, Truckee

Est. Annual Revenue
$47,162
Avg Nightly Rate
$252
Projected Occupancy
51.4%
Cap Rate
1.1%
Structural Score: 58 / 100 (Premium) · STR Zone: Red

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
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% ($339,000)
Home price
$1,695,000
Loan details
30-yr fixed, 6.5%
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