$169,000 Active
12811 Sierra Sierra 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

START SMALL. DREAM BIG. Why build everything at once? This approximately .26-acre Truckee homesite offers a thoughtfully designed way to build in phases. Start with a modern one-bedroom residence and oversized garage, each about 676 square feet, creating a comfortable Donner Lake-view base from day one. Then dream bigger. The plans also include a larger residence, allowing the property to evolve over time rather than requiring the entire vision to be built at once. The elevated site captures Donner Lake and mountain views, and the design works with the property’s sloping topography rather than treating it as an afterthought. Better still, much of the time-consuming upfront work has already been done. The plans are approved, giving the next owner a significant head start over buying raw land and beginning the design and approval process from scratch. Start small. Live here. Dream big. Build over time. https://visualize.sierrasothebysrealty.com/vd/240448016

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

Listing Details

Status Active
MLS # 20261993
Days on Market 3

Property History

Sep 19, 2026
Listed for sale
$169,000
Property Overview
Lot Size 0.03 acres
Property Type UnimprovedLand
Subdivision Truckee
County Nevada
STR Jurisdiction Town of Truckee
APN 018400034000
Exterior & Lot
Lot Features STREET
View Lake, Panoramic-Lake, Mountain(s)
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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 GROSS ANNUAL REVENUE
$118K – $167K typically ~$142,500
~$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% ($33,800)
Home price
$169,000
Loan details
30-yr fixed, 6.5%
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