$260,000 Active
12388 Falcon Point Place
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.
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About This Property

Create your ideal mountain retreat on one of Tahoe Donner’s most coveted streets. This exceptional southeast-facing homesite offers the perfect balance of abundant sunshine and tranquil pine forest surroundings, providing an inspiring setting for your future home. Enjoy direct access to miles of scenic trails for hiking, mountain biking, and cross-country skiing, all just moments from your doorstep. Nearby, the Trout Creek Recreation Center offers a premier wellness experience with a state-of-the-art fitness facility, daily classes, lap and recreation pools, hot tubs, and a sauna. As a Tahoe Donner property owner, you’ll enjoy an unparalleled lifestyle with access to an impressive collection of amenities, including a private beach club at Donner Lake, a tennis center, downhill and cross-country skiing, an 18-hole championship golf course, and a full-service equestrian center. This is a rare opportunity to build in one of Truckee’s most desirable mountain communities and enjoy the year-round recreation, natural beauty, and exceptional amenities that define the Tahoe Donner experience.

Listed by Derek Moore — Home and Slate Real Estate

Listing Details

Status Active
MLS # 20260651
Days on Market 83

Property History

Apr 28, 2026
Listed for sale
$260,000
Property Overview
Lot Size 0.40 acres
Property Type UnimprovedLand
Subdivision Tahoe Donner
County Nevada
STR Jurisdiction Town of Truckee
APN 045640002000
Exterior & Lot
Lot Features STREET, Corners Marked
View Trees/Woods
Financial
HOA Fee $3,621 / Annually
HOA & Community
Community Amenities Beach Access, Pool, Tennis Court(s), Golf Course, EQUESTRIAN CENTER, CROSS COUNTRY SKIING, DOWN HILL SKIING, EXERCISE EQUIPMENT, BOAT RAMP
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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 — 12388 Falcon Point Place, Truckee

Est. Annual Revenue
$51,678
Avg Nightly Rate
$272
Projected Occupancy
52.1%
Cap Rate
8.0%
Structural Score: 41 / 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% ($52,000)
Home price
$260,000
Loan details
30-yr fixed, 6.5%
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