$859,000 Active
12479 Pine Forest Road
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
·
1,500 Sq Ft
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About This Property

Located in the desirable Prosser Lakeview Estates neighborhood, this 3 bedroom, 2 bath Truckee home offers 1,500 square feet of living space surrounded by the pines and close to everything that makes mountain living so appealing. With a warm, classic Truckee feel, a versatile layout and plenty of outdoor space, this home offers a great opportunity to make it your own. Step inside to a bright living area with vaulted ceilings, exposed wood beams and a freestanding wood stove set against a brick hearth. Large windows bring in natural light and views of the surrounding trees, while the open living and dining spaces create a comfortable gathering place after a day on the trails or slopes. The kitchen offers abundant cabinetry and counter space and connects easily to the dining area and outdoor deck. Three bedrooms and two bathrooms provide plenty of room for family and guests. Outside, multiple deck areas wrap around the home, offering space for morning coffee, summer dinners or simply relaxing among the trees. The attached two car garage provides valuable room for vehicles and all the gear that comes with the Truckee lifestyle. Above the garage, a large bonus space offers even more flexibility for storage, a workshop, recreation space or whatever best fits your needs. Set on a wooded .27 acre lot, the property also includes a separate storage shed and plenty of space to enjoy the outdoors. Prosser Lakeview Estates is a longtime Truckee neighborhood known for its convenient location and easy access to recreation. Downtown Truckee, the Truckee Community Recreation Center, trails and everyday amenities are just minutes away, with Northstar, Palisades Tahoe and the rest of the region's year round recreation within easy reach. Whether you're looking for a full time home, a mountain getaway or a property you can put your own stamp on, this one offers the space, setting and location to create something special in Truckee.

Listed by Bill Watters — COMPASS

Listing Details

Status Active
MLS # 20262065
Days on Market 1
Price/Sq Ft $573

Property History

Oct 03, 2026
Listed for sale
$859,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Dec 1999 · county record $192,000 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. 1,500
Lot Size 0.27 acres
Year Built 1986
Property Type Single Family Residence
Style Other
Subdivision Truckee
County Nevada
STR Jurisdiction Town of Truckee
APN 016480060000
Parking
Garage Spaces 2
Parking Features Two
Attached Garage Yes
Exterior & Lot
Lot Features Street
View Trees/Woods
Construction Frame, Wood Siding
Roof Composition
Utilities & Systems
Heating Natural Gas, CFAH, Wood Stove
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STR Investment Analysis

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

STR Investment Analysis

Red Zone
STRUCTURAL SCORE Premium
72
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.

STR Investment Summary — 12479 Pine Forest Road, 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.
Structural Score: 72 / 100 (Premium) · STR Zone: Red

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

$5,324 per month
Principal & interest
$4,344/mo
Property taxes
$755/mo
1.0544% of the price, Truckee's 2025-26 rate, plus direct charges: California re-assesses a home at its sale price.
HOA dues
$0/mo
From MLS listing data.
Home insurance
$225/mo
CA FAIR Plan + DIC estimate, ~$2,500–$2,900/yr — wildfire-zone rates vary; not a bindable quote.
Down payment
20% ($171,800)
Home price
$859,000
Loan details
30-yr fixed, 6.5%
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