$719,000 $725,000 ↓ $6,000 reduced Active
12458 Greenwood 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
·
1,124 Sq Ft

About This Property

Welcome to one of Truckee's most established and sought-after neighborhoods, this inviting 3-bedroom, 2-bath home presents an outstanding opportunity to enter the Truckee market at an approachable price point. Comfortable and fully functional as it stands today, the home offers the ideal canvas for a first-time buyer eager to personalize and build equity over time, or for a second-home buyer seeking a mountain retreat with exceptional long-term investment potential. Located in Prosser Lakeview Estates, you'll enjoy convenient year-round access to downtown Truckee, Donner Lake, North Lake Tahoe, world-class ski resorts, miles of hiking and biking trails, and endless outdoor recreation. Whether you're looking for a full-time residence, weekend getaway, or income-producing investment, this property delivers the rare combination of location, livability, and future upside that's becoming increasingly difficult to find in today's Truckee market.

Listed by Brandon Walsh — Compass

Listing Details

Status Active
MLS # 20261429
Days on Market 48
Price/Sq Ft $640

Property History

Jul 10, 2026
Listed for sale
$725,000
Aug 06, 2026
Price reduced
$719,000 $725,000 ↓ $6,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Jan 2022 · county record $665,000 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.

Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,124
Year Built 1992
Property Type Single Family Residence
Style Other
Subdivision Truckee
County Nevada
STR Jurisdiction Town of Truckee
APN 016520016
Parking
Parking Features None, Other, Parking Pad
Exterior & Lot
Lot Features Street
View Trees/Woods
Construction Frame
Roof Composition
Foundation Perim Block
Utilities & Systems
Heating Propane
📊

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 ~$37,821
~$3,152 per month
Avg Nightly
$199
Occupancy
52%
Cap Rate
2.1%

STR Investment Summary — 12458 Greenwood 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 ~$37,821
Avg Nightly Rate
$199
Projected Occupancy
52.2%
Cap Rate
2.1%
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% ($143,800)
Home price
$719,000
Loan details
30-yr fixed, 6.5%
Request a Tour

We'll contact you soon.

R
Real Estate Tahoe
Real Estate Agent

Send a Message