$700,000 $800,000 ↓ $100,000 reduced Active
12447 Settlers Lane
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.
Virtual Tour

About This Property

Embrace the ultimate Tahoe lifestyle with this exceptional golf course homesite, perfectly situated just off the 16th green of the renowned Jack Nicklaus signature course. This spacious, level lot offers breathtaking views of Northstar and is surrounded by mature pines, providing a serene backdrop for your future dream home. Enjoy unparalleled access to the exclusive amenities of Old Greenwood, including a family pool with water slide, an adult lap pool, a state-of-the-art fitness center, and convenient shuttle service to Northstar. Indulge in the ease of skiing with a ski valet and lounge at the Alpine Club and Schaffer's Camp on-mountain restaurant, or engage in friendly competition on the tennis and bocce ball courts. With vibrant programs and events throughout the year, there’s always something to enjoy in this lively community. Don't miss this opportunity to create your perfect retreat in one of the most sought-after locations in the Tahoe area!

Listed by Breck Overall — Sierra Sotheby's Int - Rock

Listing Details

Status Active
MLS # 20251385
Days on Market 391

Property History

Jun 24, 2025
Listed for sale
$700,000
Property Overview
Lot Size 0.71 acres
Property Type UnimprovedLand
Subdivision Truckee
County Nevada
STR Jurisdiction Town of Truckee
APN 019740048
Exterior & Lot
Lot Features On Golf Course
View Panoramic, Mountain(s), Golf Course, Ski Resort
HOA & Community
Community Amenities Pool, Tennis Court(s), Golf Course, EXERCISE EQUIPMENT
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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%

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% ($140,000)
Home price
$700,000
Loan details
30-yr fixed, 6.5%
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