$989,000 Active
12199 Greenwood Court
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
·
1,710 Sq Ft
Virtual Tour

About This Property

Tucked away at the end of a quiet cul-de-sac in Prosser Lakeview Estates, this inviting mountain retreat sits on an oversized 0.55-acre homesite surrounded by mature pines, offering exceptional privacy and direct access to the Truckee lifestyle. Step out your back door to miles of mountain biking, hiking, OHV, and snowshoe trails, or spend your days paddle-boarding, kayaking, and fishing at nearby Prosser, Boca, and Stampede Reservoirs. Historic downtown Truckee, Donner Lake, and world-class skiing at Palisades Tahoe and Northstar are all just minutes away. The home features 3 bedrooms, 2 bathrooms, and an attached 2-car garage, with an inviting open-concept great room centered around a cozy wood-burning fireplace. The updated kitchen flows seamlessly into the living and dining areas, while an adjoining sitting room creates additional space to relax, entertain, or simply enjoy the peaceful forest setting. Recent improvements include updated kitchen and bathrooms, new entry stairs and railings, an all-electric conversion, and a whole-house backup generator, providing modern efficiency and peace of mind throughout every season. The expansive homesite offers room to gather, play, and unwind while enjoying the tranquility of this quiet court location. Whether you're searching for a full-time residence, a weekend mountain getaway, or an investment in the Truckee lifestyle, 12199 Greenwood Court offers the rare combination of privacy, usable land, thoughtful updates, and immediate access to endless year-round recreation—all at an exceptional value in one of Truckee's most established neighborhoods.

Listed by Matthew McInnis — Tahoe Mountain Realty

Listing Details

Status Active
MLS # 20261590
Price/Sq Ft $578

Property History

Jul 31, 2026
Listed for sale
$989,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Mar 1999 · county record $188,500 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. 1,710
Lot Size 0.55 acres
Year Built 1986
Property Type Single Family Residence
Style Mountain
Subdivision Truckee
County Nevada
STR Jurisdiction Town of Truckee
APN 016380008000
Parking
Garage Spaces 2
Parking Features Two, Attached
Attached Garage Yes
Exterior & Lot
Lot Features Greenbelt, Landscaped, Cul-De-Sac
View Trees/Woods
Construction Frame
Roof Metal
Foundation Concrete Perimeter
Utilities & Systems
Heating Electric, Wall Furnace, 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 — 12199 Greenwood Court, Truckee

Est. Annual Revenue
$44,100
Avg Nightly Rate
$233
Projected Occupancy
51.9%
Cap Rate
1.8%
Structural Score: 70 / 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% ($197,800)
Home price
$989,000
Loan details
30-yr fixed, 6.5%
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