$155,000 Active
12811 Sierra Drive
Truckee, CA 96162
⚠ 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.

About This Property

Donner Lake views in Truckee’s Armstrong Tract. Build and customize your own mountain retreat. Sunny homesite ideally positioned to capture beautiful lake and mountain views while just minutes from Donner Lake, downtown Truckee, and miles of trails. Architectural plans are available for a thoughtfully designed four-bedroom, three-and-a-half-bath mountain home of approximately 2,350 square feet, featuring multiple decks and generous indoor-outdoor living spaces designed to take advantage of the Donner Lake views. The proposed layout includes a garage level with covered entry and storage, a main living floor with a great room, entertaining kitchen, primary suite, office, and expansive deck. The lower level offers three additional bedrooms (one en suite), a family room, oversized laundry, and additional deck space for guests and extended stays. Plans are available with the property and provide a valuable head start for a future owner looking to build in one of Truckee’s most desirable neighborhoods. A rare opportunity to build and customize your own Donner Lake view home in the Armstrong Tract. https://www.youtube.com/watch?v=uNlkG-WtgkY

Listed by Camille Duvall-Hero — Sierra Sotheby's Int - Rock

Listing Details

Status Active
MLS # 20242510
Days on Market 523

Property History

Dec 29, 2024
Listed for sale
$155,000
Property Overview
Property Type Single Family Residence
Subdivision Truckee
County Nevada
STR Jurisdiction Town of Truckee
APN 018-400-034-000
Exterior & Lot
Lot Features Downslope
View Lake,Mountain
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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 — 12811 Sierra Drive, Truckee

Est. Annual Revenue
$76,588
Avg Nightly Rate
$535
Projected Occupancy
42.0%
Cap Rate
19.8%
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
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% ($31,000)
Home price
$155,000
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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