$899,000 $939,000 ↓ $40,000 reduced Active
11831 Deerfield 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
·
2.0 Baths
·
1,296 Sq Ft
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About This Property

Experience the perfect blend of mountain charm, modern updates, and an unbeatable location in this beautifully refreshed 2-bedroom, 2-bath home with a dedicated office and spacious bonus room. Nestled on a level, nearly half-acre lot, the property backs directly to the Legacy Trail, Coldstream Ponds, and the scenic slopes of Jackass Ridge, offering private gated access to one of Truckee's most coveted outdoor playgrounds. Step outside to miles of walking and biking trails leading to Donner Lake and historic downtown Truckee, or enjoy the convenience of shops, restaurants, and everyday amenities less than a 10-minute walk away. World-class skiing at Palisades Tahoe and Northstar is just a short drive away, with easy access to Highway 80 making every adventure effortless. Designed for both relaxation and entertaining, the elevated rear deck overlooks tranquil ponds and a stunning backdrop of towering pines, creating a setting that feels like true waterfront living at a fraction of the cost. Whether you're hosting friends for sunset gatherings or enjoying a quiet morning coffee, the peaceful water and forest views provide an unforgettable experience year-round. The home has been thoughtfully upgraded with new lighting fixtures, new interior doors, all-new windows, an upgraded electrical panel, tankless water heater, new carpet, fresh exterior paint, all-new kitchen cabinetry, countertops and brand-new, never-used appliances. The cabinet finishing touches have been intentionally left for the next owner, providing the opportunity to customize color and finish to perfectly reflect your personal style. Adding both privacy and lasting value, the property is enclosed by a custom-built wood fence designed for durability and timeless appeal, creating a secure and inviting outdoor retreat. Offering the ideal combination of recreation, convenience, and natural beauty, this exceptional property delivers the feeling of resort-style living every day—where trails, water, mountains, and the best of Truckee are quite literally right outside your back gate. Utilize all the space of this adorable 3 bedroom home plus office! (one bedroom is non-conforming)

Listed by Anita Noble — Truckee River Homes

Listing Details

Status Active
MLS # 20261153
Days on Market 46
Price/Sq Ft $694

Property History

Jun 12, 2026
Listed for sale
$899,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Jan 2015 · county record $359,500 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 3
Baths 2.0
Sq. Ft. 1,296
Lot Size 0.46 acres
Year Built 1973
Property Type Single Family Residence
Style Chalet
Subdivision Truckee
County Nevada
STR Jurisdiction Town of Truckee
APN 018720007000
Parking
Garage Spaces 2
Parking Features Two, Attached
Attached Garage Yes
Exterior & Lot
Lot Features Greenbelt
View Peek, Trees/Woods
Construction Frame
Roof Metal
Foundation Concrete Perimeter
Utilities & Systems
Heating Wood Stove
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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 — 11831 Deerfield Drive, Truckee

Est. Annual Revenue
$39,796
Avg Nightly Rate
$211
Projected Occupancy
51.8%
Cap Rate
1.8%
Structural Score: 53 / 100 (Standard) · 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% ($179,800)
Home price
$899,000
Loan details
30-yr fixed, 6.5%
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