$1,550,000 Active
11890 Pine Forest Road
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.
3 Beds
·
2.5 Baths
·
1,740 Sq Ft

Our data on this home

About This Property

Beautiful home in a fantastic neighborhood just minutes from Downtown Truckee! This gorgeous property is in like-new condition and features high-end finishes, quality furniture, and a warm, inviting atmosphere. The functional layout is designed for comfortable living and entertaining, with a spacious great room, well-appointed kitchen, and dining area upstairs that open to a large deck overlooking the expansive .40-acre lot and fully fenced yard. The luxurious primary suite is also located upstairs, along with a convenient half bath and laundry room, while two additional bedrooms and a full bath downstairs provide privacy and space for family and guests. Ideally located in Prosser Lakeview Estate with easy access to Prosser Dam Reservoir and an extensive network of paved and natural trails connecting to Downtown Truckee and the surrounding outdoors. A large storage room provides plenty of space for all your Tahoe toys and gear. Offered turnkey with furniture, this well-appointed home is ready to enjoy from day one and also offers a strong rental history, making it an attractive opportunity as a full-time residence, second home, or income-producing investment property. This elegant, mountain modern home is a rare opportunity to own a beautiful Truckee home with both lifestyle and investment appeal.

Listed by Drew Walden — Engel & Volkers Truckee

Listing Details

Status Active
MLS # 20262141
Price/Sq Ft $891

Property History

Oct 20, 2026
Listed for sale
$1,550,000
Property Overview
Beds 3
Baths 2.5
Sq. Ft. 1,740
Lot Size 0.40 acres
Year Built 2019
Property Type Single Family Residence
Style Mountain
Subdivision Truckee
County Nevada
STR Jurisdiction Town of Truckee
APN 016330064000
Parking
Garage Spaces 2
Parking Features Two, Attached, Insulated, Parking Pad
Attached Garage Yes
Exterior & Lot
Lot Features Street
View Trees/Woods
Construction Frame
Roof Composition
Foundation Concrete Perimeter
Utilities & Systems
Heating Natural Gas, CFAH
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STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Red Zone
STRUCTURAL SCORE Premium
67
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 — 11890 Pine Forest Road, 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: 67 / 100 (Premium) · STR Zone: Red

Home Insurance Estimate

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

$3,000 – $3,500/yr
about $271/mo
Est. Rebuild Cost (Coverage A)
$730,800
FAIR Plan (fire)
$2,500/yr
DIC wrap (theft, water, liability)
$500 – $1,000/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

$9,471 per month
Principal & interest
$7,838/mo
Property taxes
$1,362/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
$0/mo
From MLS listing data.
Home insurance
$271/mo
CA FAIR Plan + DIC estimate, ~$3,000–$3,500/yr — wildfire-zone rates vary; not a bindable quote.
Down payment
20% ($310,000)
Home price
$1,550,000
Loan details
30-yr fixed, 6.5%
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