$29,000 Active Partial Ownership
Heads up: This listing is a partial ownership / fractional share — you would be buying a share of the property (not the whole home). Carefully review the listing details and any ownership documents before making an offer.
12488 Trappers Trail #F34-52
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
·
2,470 Sq Ft
Virtual Tour

About This Property

Enjoy this freshly renovated 3-bed Cabin w/Murphy Bed office room at Old Greenwood, 1/17 shared ownership, featuring premium New Year's week (Fri-Fri) every year. Dec 31-Jan 7th, 2027) + floating time included. Preferred Access to two Championship golf courses accompany the Tahoe Mountain Club whenever you are in residence, including free shuttle service to Northstar resort and a private members lounge in the Village and private on-mountain restaurant creating a luxury 4-season club ownership experience. Guest can check in unaccompanied and use the amenities. Space Available is open for reservation by Flex, mid-week, and spontaneous reservations.... Old Greenwood Cabins – 1/17th Fractional Ownership Deeded 1/17th co-ownership in one of 38 shared cabins. Usage Includes: • Primary Week: Same 7-night (Fri–Fri) week every year in deeded cabin (auto-booked) • Flexible Week: 1–7 nights, book up to 24 months in advance (same size cabin); resets after check-in • Flexible Midweek: 1–4 nights (Mon–Fri), book up to 24 months in advance; resets after check-in • Spontaneous: 1–7 nights within 7 days of arrival (3BR or 4BR), non-cancellable; resets within 7 days after check-in Flexible/Spontaneous stays may be in any of the 38 cabins. Tahoe Mountain Club Access During Stay: Old Greenwood Pavilion (pools, hot tub, waterslide, fitness center, tennis/pickleball, restaurant/bar, kids club), Alpine Club & Schaffer’s Camp at Northstar (winter shuttle), plus priority golf access/discounts at Old Greenwood & Gray’s Crossing. Annual Dues (Billed Quarterly): • 3BR: ~$9,226/year • 4BR: ~$10,433/year Covers maintenance, repairs, property taxes, insurance, utilities, cleaning, HOA management, and TMC access. No per-stay fees unless exceeding 5 reservations/year (cleaning fee applies after 6+). Booking Structure: 17 Primary Weeks annually (8 winter / 9 summer). No Primary Weeks in fall/spring = strong flexible availability. HOA website shows spontaneous + 6-month flexible outlook; call/email to book. Cabins: 3BR or 4BR; identical layouts and furnishings. All golf course location with hot tub, BBQ, pool table, fireplace, TV, internet, two-car garage. Ownership Highlights: • Guests & rentals allowed (HOA assists with rentals) • No storage in cabins • Multiple shares permitted • Owner exchange platform + Elite Alliance exchange available Pricing Factors: Primary week desirability (midsummer highest), 3BR vs 4BR, inventory, seller motivation, time on market. Why Fractional? Lower cost, simplified ownership (HOA handles operations), premier Truckee/Tahoe amenities. Requires planning vs. whole-home ownership.

Listed by Jason Waters — Tahoe Mountain Realty

Listing Details

Status Active
MLS # 20260943
Price/Sq Ft $12

Property History

May 22, 2026
Listed for sale
$29,000
Property Overview
Beds 3
Sq. Ft. 2,470
Stories 2
Property Type Residential
Style Mountain
Subdivision Truckee
County Nevada
STR Jurisdiction Town of Truckee
APN 019-760-034-000
Parking
Parking Features Two
Financial
HOA Fee $2,307
HOA & Community
Community Amenities Pool,Tennis Courts,Golf,Cross Country Skiing,Down Hill Skiing,Exercise Equipment,Other/See Remarks
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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 — 12488 Trappers Trail #F34-52, Truckee

Est. Annual Revenue
$50,224
Avg Nightly Rate
$376
Projected Occupancy
37.4%
Cap Rate
69.3%
Structural Score: 65 / 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% ($5,800)
Home price
$29,000
Loan details
30-yr fixed, 6.5%
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