$3,900,000 Active
12528 Granite 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.
4 Beds
·
4.5 Baths
·
3,731 Sq Ft

About This Property

Mountain architecture and modern craftsmanship come together in this thoughtfully designed 3,731-square-foot residence in Truckee's Pine Forest neighborhood. Clad in cedar with natural granite accents, the home's timeless exterior gives way to refined interior finishes, where quality materials, clean lines, and intentional design create a residence that feels both sophisticated and welcoming. The great room establishes the home's impressive sense of scale with soaring ceilings, a dramatic exposed timber beam, and expansive windows that fill the space with natural light while framing the surrounding pines. Designed for effortless entertaining and comfortable everyday living, the open-concept layout flows naturally between the living, dining, and kitchen spaces. The floor plan offers four bedrooms and four-and-a-half bathrooms, including a spacious primary suite, two additional en-suite bedrooms, and an upper-level en-suite bunk room that provides privacy and flexibility for family and guests. A dedicated office creates an ideal setting for remote work, a library, or a quiet retreat. A generous wraparound covered deck expands the living space outdoors, offering room to gather, dine, or simply enjoy the changing seasons in a peaceful mountain setting. Located within the private Pine Forest HOA, the home is just minutes from local schools, Historic Downtown Truckee, and year-round recreation. From first tracks on a powder morning to afternoons on mountain trails, championship golf courses, or nearby lakes, every season offers a new way to experience the Sierra. Equally suited as a full-time residence or a mountain retreat, this home offers the rare combination of thoughtful design, enduring craftsmanship, and a location that places both outdoor adventure and the best of Truckee within easy reach—where every season invites you to live the Tahoe life.

Listed by Jake Lewis — Coldwell Banker Realty

Listing Details

Status Active
MLS # 20261388
Price/Sq Ft $1,045

Property History

Jul 04, 2026
Listed for sale
$3,900,000
Property Overview
Beds 4
Baths 4.5
Sq. Ft. 3,731
Lot Size 0.80 acres
Year Built 2026
Property Type Single Family Residence
Style Old Tahoe
Subdivision Truckee
County Nevada
STR Jurisdiction Town of Truckee
APN 019710054000
Parking
Garage Spaces 3
Parking Features Three, Attached, Insulated, Oversized
Attached Garage Yes
Exterior & Lot
Lot Features Street
Construction Frame, Masonry, Wood Siding
Roof Metal
Foundation Concrete Perimeter, Slab
Utilities & Systems
Heating Natural Gas, CFAH, In Floor
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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 — 12528 Granite Drive, Truckee

Est. Annual Revenue
$144,144
Avg Nightly Rate
$1232
Projected Occupancy
32.0%
Cap Rate
1.5%
Structural Score: 61 / 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
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% ($780,000)
Home price
$3,900,000
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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