$1,350,000
12996 Oberwald 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
·
2.0 Baths
·
1,534 Sq Ft

About This Property

VIEWS! VIEWS! VIEWS! Level Driveway. Sunny. Updated. Say no more! Welcome to your mountain retreat in the heart of Tahoe Donner, where single-level living meets modern mountain charm in this beautifully updated three-bedroom, two-bathroom home. This thoughtfully designed residence spans over 1,500 square feet of light-filled living space, where recent updates have transformed the interior with contemporary finishes that complement the natural surroundings. The warm and welcoming atmosphere greets you from the moment you enter through the convenient mud room—a true blessing when you're shaking off snow from your latest ski adventure or hiking expedition. The open floor plan creates an inviting space perfect for entertaining, while the cozy wood stove adds that quintessential mountain ambiance for chilly evenings. Head outside onto the expansive deck and prepare to have your breath stolen by panoramic views that remind you exactly why you chose mountain living. The generous lot provides ample outdoor space for year-round enjoyment, while extra parking accommodates all your toys and guests. Quality construction ensures this home will serve as your basecamp for Sierra adventures for years to come. Location enthusiasts will appreciate the proximity to the Tahoe Donner Association amenities, convenient shopping at nearby markets, and easy access to Truckee High School. The Truckee train station connects you to adventures beyond the mountains, while countless trails and slopes await just minutes away. Whether you're seeking a permanent residence or a vacation sanctuary, this turnkey property delivers the perfect blend of comfort, convenience, and mountain magic. Schedule your private showing today and discover what it means to truly live in the Sierra.

Listed by Ricki Manahan — Allison James Estates & Homes

Listing Details

Status Active
MLS # 20260033
Days on Market 85
Price/Sq Ft $880

Property History

Jan 11, 2026
Listed for sale
$1,350,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,534
Lot Size 0.36 acres
Stories 1
Year Built 1996
Property Type Single Family Residence
Style Ranch
Subdivision Tahoe Donner
County Placer
STR Jurisdiction Town of Truckee
APN 046-440-001-000
Parking
Parking Features Two
Exterior & Lot
Exterior Features High Ceilings,Cable TV,Rental History,High Speed Internet
Lot Features Level
View Panoramic,Mountain,Ski Resort
Construction Framed
Roof Composition
Foundation Perim Concrete
Utilities & Systems
Heating Natural Gas,CFAH,Wood Stove
Financial
HOA Fee $301
HOA / Community https://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,Other/See Remarks
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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 — 12996 Oberwald Way, Truckee

Est. Annual Revenue
$40,954
Avg Nightly Rate
$319
Projected Occupancy
37.0%
Cap Rate
1.2%
Structural Score: 62 / 100 (Premium) · STR Zone: Green

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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($270,000)
Home price
$1,350,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Real Estate Agent
License #CA 02235314

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