$1,500,000 Active
12823 Muhlebach Way
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.
3 Beds
·
2.5 Baths
·
2,696 Sq Ft
Virtual Tour

About This Property

With southern exposure all day long and big windows throughout, this light-filled home just feels good. Trees out the back, warm sun from the front, and a layout that is intuitive. The main living level is where this house really shines. An open great room anchors the space, there’s a wood burning stove tucked in the corner, a front porch off the big dining area and a back deck looking out to the trees to give you two completely different outdoor moods to choose from. And the kitchen earns its place with generous counter space, a breakfast bar, and a peninsula that keeps the cook connected to everything happening. The primary suite sits on this same main floor, a detail that gives easy single-level living when you want it. Up in the loft, the home offers a genuine flex space with extra square footage. The bonus room on the lower level takes that flexibility even further, pulling double duty as a second living space, game room, or even fourth bedroom. Vaulted ceilings, big windows, 2 more bedrooms, dedicated laundry space and nearly half an acre round out a package that has been well maintained and shows it. Recently stained exterior, sealed driveway, and defensible space are already done. No long to-do list. Just move in and make it yours.

Listed by Jessica Ferguson Dunlap — Sierra Sotheby's Int - Rock

Listing Details

Status Active
MLS # 20261157
Days on Market 1
Price/Sq Ft $556

Property History

Jun 12, 2026
Listed for sale
$1,500,000
Property Overview
Beds 3
Baths 2.5
Sq. Ft. 2,696
Lot Size 0.46 acres
Year Built 1995
Property Type Single Family Residence
Style Mountain
Subdivision Tahoe Donner
County Placer
STR Jurisdiction Town of Truckee
APN 045-550-009-000
Parking
Parking Features Two
Exterior & Lot
Exterior Features High Ceilings
Lot Features Upslope
View Peek,Wooded,Mountain
Construction Wooded
Roof Metal
Foundation Perim Concrete
Utilities & Systems
Heating Natural Gas,CFAH
Financial
HOA Fee $3,621
HOA / Community http://www.TahoeDonner.com
HOA & Community
Community Amenities Beach Access,Pool,Tennis Courts,Golf,Equestrian Center,Cross Country Skiing,Down Hill Skiing,Exercise Equipment,Boat Ramp
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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 — 12823 Muhlebach Way, Truckee

Est. Annual Revenue
$54,924
Avg Nightly Rate
$411
Projected Occupancy
37.4%
Cap Rate
1.5%
Structural Score: 62 / 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% ($300,000)
Home price
$1,500,000
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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