$1,375,000 Active
12797 Crest Way
Truckee, CA 96161
✓ STR Allowed — No Cap
Unincorporated Nevada County — no STR-specific permit cap. Only a Transient Occupancy Tax (TOT) certificate is required. Town of Truckee rules do NOT apply outside the incorporated town limits.
5 Beds
·
3.0 Baths
·
2,441 Sq Ft
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About This Property

Remarkable scenery and panoramic 300° views surround this private 20.02-acre retreat at 12797 Crest Way in Truckee’s Juniper Creek Ranch. Custom built in 2009 and meticulously maintained, the residence captures treetop and mountain vistas of Tinker’s Knob, Dry Lake, the Summit and beyond, with evening alpenglow illuminating the surrounding peaks. Direct access to alpine wilderness, hiking, biking and snowmobile trails creates a natural connection to year-round outdoor adventure. A lower, nearly level area offers space for a future barn and horses, equipment building or ADU, while the acreage provides ample room for seasonal gear, recreational toys and exploration. The elevated main living level maximizes the views with expansive windows and a large, sunny deck overlooking the mountains and forest. An open floor plan connects the spacious great room, large kitchen and dining area, anchored by a wood-burning fireplace. Wood-clad ceilings and hardwood flooring bring warmth and mountain character, while the freshly painted interior feels light and crisp. Air conditioning adds summer comfort. The main living level includes a spacious primary suite with private deck, a flexible room with a cool loft—ideal for kids or remote work—plus three guest bedrooms, one with its own private deck, and guest baths. Forest and vista views extend throughout the home. The lower living level includes laundry facilities and the 5th bedroom with ensuite bath, privately situated behind the deep 2-car garage. Ideal for extended stays, a home office or recreation room, this space adds flexibility and privacy. The deep garage provides ample storage for vehicles, bikes, snowmobiles and seasonal equipment. Property infrastructure includes a private well and owned propane tank with automatic fills. Gated access within Juniper Creek Ranch enhances privacy, while the neighborhood provides a sense of community. A legacy mountain property for generations, 12797 Crest Way offers a setting for family and friends to gather, explore and create lasting traditions. Expansive acreage, panoramic views and direct access to outdoor recreation pair with convenient access to downtown Truckee via Glenshire Drive or Interstate 80. Grocery, deli and gas services are nearby in Glenshire, and Reno-Tahoe International Airport is approximately 40 minutes away. Whether a cherished family retreat or full-time Truckee residence, this property offers enduring legacy potential. For outdoor enthusiasts and those who value acreage and mountain privacy, this Juniper Creek Ranch property delivers an exceptional setting in every season. Welcome home to your Tahoe-Truckee mountain retreat!

Listed by Alison Elder — Chase International - TK2

Listing Details

Status Active
MLS # 20262067
Days on Market 1
Price/Sq Ft $563

Property History

Oct 03, 2026
Listed for sale
$1,375,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Dec 2011 · county record $695,000 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 5
Baths 3.0
Sq. Ft. 2,441
Lot Size 20.02 acres
Year Built 2009
Property Type Single Family Residence
Style Mountain
Subdivision Truckee
County Nevada
STR Jurisdiction Nevada County
APN 049090009000
Parking
Garage Spaces 2
Parking Features Two, Attached, Insulated, Garage Door Opener, Parking Pad
Attached Garage Yes
Exterior & Lot
Lot Features Street, Zoned for Horses
View Lake, Panoramic, Trees/Woods, Mountain(s), Ski Resort
Construction Frame, Masonry, Wood Siding
Roof Composition
Foundation Concrete Perimeter
Utilities & Systems
Heating Propane, CFAH
Cooling Air Conditioning
Financial
HOA Fee $142 / Monthly
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STR Investment Analysis

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

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Premium
70
PROJECTED GROSS ANNUAL REVENUE
$35K – $90K typically ~$60,000
~$5,000 per month
Avg Nightly
$350
Occupancy
47%
Cap Rate
1.8%

STR Investment Summary — 12797 Crest Way, Truckee

Est. Gross Annual Revenue
$35K – $90K
typically ~$60,000
Avg Nightly Rate
$350
Projected Occupancy
47.0%
Cap Rate
1.8%
Structural Score: 70 / 100 (Premium) · STR Zone: Green

Based on comparable vacation rental performance data for Truckee. Gross of management, cleaning and platform fees. Assumes full-year availability, professional management and dynamic pricing; owner use reduces it. 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

$8,682 per month
Principal & interest
$6,953/mo
Property taxes
$1,208/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
$142/mo
From MLS listing data.
Home insurance
$379/mo
CA FAIR Plan + DIC estimate, ~$4,200–$4,900/yr — wildfire-zone rates vary; not a bindable quote.
Down payment
20% ($275,000)
Home price
$1,375,000
Loan details
30-yr fixed, 6.5%
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