$725,000 Active
12211 E Sierra 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
·
1,463 Sq Ft

About This Property

Set on a generous lot of more than 10,000 square feet, the property offers a flat parking pad with room for up to four vehicles, landscaped outdoor areas, garden space, a peaceful water feature, and multiple places to relax or entertain. Positioned in a quiet Truckee neighborhood with convenient access to shopping, grocery stores, dining, and I-80, this versatile mountain property offers space, flexibility, and a wealth of potential. The main residence features 3 bedrooms, 2 bathrooms, Plus an ADU Studio downstairs, with fresh interior paint, new carpet, and inviting living spaces enhanced by a fireplace and direct access to an outdoor deck and patio. A permitted studio-style ADU on the lower level adds valuable flexibility with its own private entrance and separate living area. Ideal for extended family, guests, rental potential, or a private primary suite, the downstairs space also features a second fireplace, hot tub access, and a steam shower that creates a spa-inspired retreat. With two fireplaces, multiple outdoor living areas, a spacious backyard, and a location that keeps you close to everything Truckee has to offer, this property is well suited for full-time living, a mountain getaway, multigenerational use, or an investment opportunity. A rare combination of convenience, versatility, and outdoor space in the heart of Truckee.

Listed by Crystal Bauer — eXp Realty of Northern Califor

Listing Details

Status Active
MLS # 20261879
Days on Market 9
Price/Sq Ft $496

Property History

Sep 04, 2026
Listed for sale
$725,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Nov 2010 · county record $245,000 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; rows marked via a listing site fill the years the feed misses using that site's public sale record.

Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,463
Lot Size 0.26 acres
Year Built 1965
Property Type Single Family Residence
Style Contemporary
Subdivision Truckee
County Nevada
STR Jurisdiction Town of Truckee
APN 018540031000
Parking
Parking Features None, Parking Pad
Exterior & Lot
Lot Features Street
View Filtered
Roof Composition
Foundation Slab
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STR Investment Analysis

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

STR Investment Analysis

Red Zone
STRUCTURAL SCORE Standard
43
PROJECTED GROSS ANNUAL REVENUE
$25K – $55K typically ~$40,000
~$3,333 per month
Avg Nightly
$212
Occupancy
52%
Cap Rate
2.2%

STR Investment Summary — 12211 E Sierra Drive, 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.
Est. Gross Annual Revenue
$25K – $55K
typically ~$40,000
Avg Nightly Rate
$212
Projected Occupancy
51.7%
Cap Rate
2.2%
Structural Score: 43 / 100 (Standard) · STR Zone: Red

Based on comparable vacation rental performance data for Truckee. Gross of management, cleaning and platform fees. Assumes full-year availability, professional management and dynamic pricing; owner use reduces it. 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% ($145,000)
Home price
$725,000
Loan details
30-yr fixed, 6.5%
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