$595,000 Active
12721 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.
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About This Property

Build your custom mountain home on a premium homesite in Truckee's sought-after Pine Forest community! 12721 Granite Drive is a sun-filled lot ideally positioned at the end of a quiet cul-de-sac, offering rare privacy, a gentle downslope, and a sun-filled, functional building envelope. Backing to a seasonal creek, forest, and direct trail access, this luxurious Truckee homesite captures the essence of four-season mountain living with an uncommon blend of buildability and natural beauty. The flat entry simplifies design, access, and permitting, while the surrounding preserved open space protects both your serenity and your long-term value. Pine Forest is one of Truckee's most established neighborhoods, featuring 130 acres of permanently preserved open space, underground utilities, and — increasingly rare in today's Truckee market — no Mello-Roos and no private transfer fees. You're just minutes from downtown Truckee, the Truckee River Regional Park, and Donner Lake, with world-class skiing at Northstar California and Palisades Tahoe, plus year-round hiking, mountain biking, dining, and shopping a short drive away. Whether you're planning a full-time residence or a legacy Lake Tahoe–area mountain retreat, 12721 Granite Drive is a standout opportunity to secure one of the most desirable lots in one of Truckee's most scenic communities.

Listed by David Abarta — Sierra Sotheby's Int - Rock

Listing Details

Status Active
MLS # 20260580
Days on Market 94

Property History

Apr 17, 2026
Listed for sale
$595,000
Property Overview
Lot Size 0.66 acres
Property Type UnimprovedLand
Subdivision Truckee
County Nevada
STR Jurisdiction Town of Truckee
APN 019710013
Exterior & Lot
Lot Features Greenbelt, Corners Marked
View Trees/Woods, Mountain(s), Water
Financial
HOA Fee $255 / Quarterly
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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%

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% ($119,000)
Home price
$595,000
Loan details
30-yr fixed, 6.5%
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