$1,300,000 Active
15597 Glenshire 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.
3 Beds
·
2.5 Baths
·
2,810 Sq Ft
Virtual Tour

About This Property

Set on a peaceful one-acre parcel near the Glenshire Community Center, pool, and tennis courts, this owner-built Truckee mountain home captures the warmth, scale, and livability that buyers are searching for in Tahoe. Pond views, vaulted wood ceilings, and expansive windows create a bright and inviting atmosphere that feels connected to the surrounding landscape. Offering three bedrooms, two and a half baths, and 2,810 square feet, the home features an open, functional floor plan designed for comfortable year-round living or as a mountain retreat. The spacious great room is anchored by a dramatic brick fireplace, complemented by new three-quarter" oak flooring and walls of glass that bring in abundant natural light. A large open loft with a half bath adds valuable flexible space for a media room, office, overflow sleeping, or game area. The kitchen features clear oak cabinetry, generous prep space, and an easy flow into the dining and living areas, making it ideal for entertaining and everyday use alike. The primary suite opens to a private deck overlooking the pond, creating a quiet place to enjoy morning coffee or unwind after a day on the trails or slopes. Outside, the gently upsloping lot offers mature trees, a newly erected backyard fence, and usable outdoor space rarely found in Truckee. Located minutes from Glenshire amenities and a short drive to downtown Truckee, world-class skiing, mountain biking, hiking, and endless year-round recreation, this property offers the space, setting, and lifestyle that define mountain living.

Listed by Seth Waller — Coldwell Banker Realty

Listing Details

Status Active
MLS # 20260823
Price/Sq Ft $463

Property History

May 15, 2026
Listed for sale
$1,300,000
Property Overview
Beds 3
Baths 2.5
Sq. Ft. 2,810
Lot Size 1.00 acres
Stories 2
Year Built 1987
Property Type Single Family Residence
Style Mountain
Subdivision Truckee
County Nevada
STR Jurisdiction Town of Truckee
APN 040-030-013-000
Parking
Parking Features Two
Exterior & Lot
Exterior Features Pantry,High Ceilings,Zoned for Horses
Lot Features Upslope,Gentle
View Lake,Filtered,Wooded,Mountain
Construction Framed
Roof Metal
Foundation Perim Concrete
Utilities & Systems
Heating Natural Gas,CFAH
Financial
HOA / Community www.glenshiredevonshire.com
HOA & Community
Community Amenities Pool,Tennis Courts
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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 — 15597 Glenshire Drive, Truckee

Est. Annual Revenue
$52,302
Avg Nightly Rate
$369
Projected Occupancy
40.3%
Cap Rate
1.6%
Structural Score: 54 / 100 (Standard) · 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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($260,000)
Home price
$1,300,000
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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