$3,975,000 Active
11817 Saddleback 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
·
3,479 Sq Ft
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About This Property

Crafted by Heslin Construction and designed by Claire Walton, this one-of-a-kind, fully furnished mountain modern home sits in the heart of Truckee and showcases 3,479 sq ft of refined architecture and high-end design. Completed in April 2024, the home features boardformed concrete walls, black metal accents, and clear hemlock siding, blending bold materials with natural surroundings. The open-concept great room flows seamlessly to indoor/outdoor entertaining terraces, anchored by dual gas fire pits and forest views. A dramatic architectural bridge leads to the private primary suite with its own balcony, while flexible guest spaces include an office, gym with custom Murphy bed, and a guest suite with kitchenette. Approved plans for an additional ADU are available upon request. A bold, modern statement in the Tahoe mountains — this home is a rare opportunity to own a truly custom retreat in one of Truckee’s most central neighborhoods.

Listed by Breck Overall — Sierra Sotheby's Int - Rock

Listing Details

Status Active
MLS # 20260914
Days on Market 1
Price/Sq Ft $1,143

Property History

May 20, 2026
Listed for sale
$3,975,000
Property Overview
Beds 4
Baths 3.5
Sq. Ft. 3,479
Lot Size 0.90 acres
Stories 2
Year Built 2024
Property Type Single Family Residence
Style Modern
Subdivision Truckee
County Nevada
STR Jurisdiction Town of Truckee
APN 019-710-038-000
Parking
Parking Features Two
Exterior & Lot
Exterior Features High Ceilings,Landscaping,Hot Tub,Air Conditioning
Lot Features Level,Gentle
View Wooded
Roof Flat
Utilities & Systems
Heating Natural Gas,Hydronic
Financial
HOA Fee $255
HOA / Community https://pineforestoa.org/
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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 — 11817 Saddleback Drive, Truckee

Est. Annual Revenue
$145,782
Avg Nightly Rate
$1246
Projected Occupancy
32.0%
Cap Rate
1.5%
Structural Score: 59 / 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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($795,000)
Home price
$3,975,000
Loan details
30-yr fixed, 6.5%
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