$875,000 Active
12479 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
·
1,352 Sq Ft
Virtual Tour

About This Property

Open House Sunday 10a-Noon! Exceptionally well-maintained Craftsman-style home in Truckee's sought-after Prosser Lakeview neighborhood - a close-knit, primarily full-time-resident community. This 3-bedroom, 2-bathroom single-level home sits on the sunny side of a quiet, low-traffic street with easy walking distance to Prosser Reservoir and surrounding trails. The home has been thoughtfully remodeled, along with new appliances throughout. The kitchen has been updated, and both bathrooms have been fully renovated with heated floors. The layout is functional and open, with a light and bright interior that reflects the pride of ownership evident in every detail. An airlock entry keeps snow and cold where they belong - outside, while central A/C will keep you cool in the hot summer months. Out back, a newer deck with hot tub provides plenty of room for summer evenings, set against a peaceful, fully fenced backyard with carefully maintained landscaping. A generously sized two-car garage with built-in storage adds everyday practicality. Prosser Lakeview offers a rare combination: no HOA, wooded lots with access to adjacent National Forest lands, and proximity to Prosser Reservoir for fishing, kayaking, and boating. Hiking and mountain biking trails start right from the neighborhood, and winter brings quick access to Palisades Tahoe, Northstar, and Sugar Bowl. Downtown Truckee's dining, shopping, and events are just minutes away.

Listed by Christy Morrison — Home and Slate Real Estate

Listing Details

Status Active
MLS # 20260793
Price/Sq Ft $647

Property History

May 13, 2026
Listed for sale
$875,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,352
Stories 1
Year Built 2006
Property Type Single Family Residence
Style Ranch
Subdivision Truckee
County Nevada
STR Jurisdiction Town of Truckee
APN 016-520-021
Parking
Parking Features Two
Exterior & Lot
Exterior Features High Ceilings,Landscaping,Phone,Cable TV,Air Conditioning
Lot Features Level
View Wooded
Construction Framed
Roof Composition,Metal
Foundation Perim Concrete
Utilities & Systems
Heating Natural Gas
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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 — 12479 Greenwood Drive, Truckee

Est. Annual Revenue
$52,776
Avg Nightly Rate
$411
Projected Occupancy
36.8%
Cap Rate
2.4%
Structural Score: 68 / 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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($175,000)
Home price
$875,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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