$1,599,000 Active
15686 Waterloo Circle
Truckee, CA 96161

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⚠ 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.
4 Beds
·
3.0 Baths
·
3,543 Sq Ft

Our data on this home

About This Property

Welcome to the ultimate Truckee family home—an expansive mountain retreat where timeless architecture, thoughtful functionality, and an ideal Glenshire location come together. Set on a quiet cul-de-sac just a few hundred yards from Glenshire Pond, this spacious home is designed for both everyday family living and unforgettable gatherings. Dramatic vaulted knotty-pine ceilings, warm natural finishes, and an open mountain-inspired design create an inviting sense of scale and character throughout. The flexible layout offers three bedrooms plus a luxurious, private primary suite downstairs, a spacious fourth bedroom with stunning mountain views, and a bonus loft that provides the perfect space for kids, guests, a home office, or additional living space. Designed for hosting, the home seamlessly connects indoor and outdoor living. A wrap-around deck extends from the quiet front porch—with beautiful mountain views—to the private backyard, creating multiple spaces to gather, relax, and enjoy the best of the Truckee lifestyle. The expansive backyard features a patio, sport court, dry sauna, hot tub, spacious entertaining deck, and landscaped yard—offering something for every season and every generation. The location is exceptional. Enjoy easy access to Glenshire Pond, the private community pool and tennis courts, Glenshire Elementary, and the Legacy Trail, which connects to the Truckee River and continues into downtown Truckee. Whether it's summer afternoons at the pond, evenings in the hot tub, family games on the sport court, or cozy winter gatherings beneath the vaulted ceilings, this is a home built to be lived in, loved, and shared. A rare combination of generous space, timeless mountain character, indoor-outdoor living, and one of Glenshire's most desirable locations—this is the kind of Truckee home where memories are made for generations.

Listed by Drew Walden — Engel & Volkers Lake Tahoe

Listing Details

Status Active
MLS # 260011194
Days on Market 52
Price/Sq Ft $451

Property History

Aug 29, 2026
Listed for sale
$1,599,000

Sale History · changed hands 2×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Sep 2019 · county record $946,000 Deed record — brokerage sides not reported
Oct 2026 $1,559,000 (+65%) Celia KleinEngel & Volkers Truckee Drew WaldenEngel & Volkers Truckee

MLS closed sales, with duplicate ingestions collapsed and lease records excluded, so each row is a distinct transaction. Rows marked county record come from the assessor's deed data, which reaches back further than the MLS feed; rows marked via a listing site fill the years the feed misses using that site's public sale record.

Property Overview
Beds 4
Baths 3.0
Sq. Ft. 3,543
Lot Size 0.27 acres
Stories 2
Year Built 1996
Property Type Single Family Residence
County Nevada
STR Jurisdiction Town of Truckee
APN 040-450-022-000
Parking
Garage Spaces 2
Total Parking 8
Parking Features Additional Parking, Attached, Garage, Parking Pad, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features Balcony
Lot Features Cul-De-Sac, Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
View Meadow, Mountain(s), Trees/Woods
Construction Stone Veneer
Roof Composition
Foundation Crawl Space
Pool & Spa
Pool Outdoor Pool, See Remarks
Utilities & Systems
Heating Fireplace(s), Floor Furnace, Natural Gas
Water Source Glenshire Pond
Financial
Seller's Annual Tax $12,751
HOA Fee $561 / Annually
HOA / Community Glenshire Devonshire
Schools
Elementary School Verdi
Middle School Billinghurst
High School Reno
HOA & Community
Community Amenities Clubhouse, Parking, Pool, Tennis Court(s)
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STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Red Zone
STRUCTURAL SCORE Premium
69
No revenue projection. Short-term rental permits are not currently obtainable here — the local jurisdiction has reached its permit cap or is waitlisting all new applications.

STR Investment Summary — 15686 Waterloo Circle, Truckee

No revenue projection. Short-term rental permits are not currently obtainable here — the local jurisdiction has reached its permit cap or is waitlisting all new applications.
Structural Score: 69 / 100 (Premium) · STR Zone: Red

Home Insurance Estimate

California FAIR Plan fire policy + a DIC wrap policy, the usual Tahoe setup

$6,100 – $7,100/yr
about $550/mo
Est. Rebuild Cost (Coverage A)
$1,488,060
FAIR Plan (fire)
$5,100/yr
DIC wrap (theft, water, liability)
$1,000 – $2,000/yr

Estimate from this ZIP's California FAIR Plan rates (Plan data as of 6/30/2026, with the 29.1% increase effective 10/15/2026) on an estimated rebuild cost, plus a DIC policy at 20–40% of the FAIR premium. Not a bindable quote; a local broker quote depends on the home's age, roof, defensible space and claims history.

See it in the monthly payment Tahoe wildfire insurance costs

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

$10,087 per month
Principal & interest
$8,085/mo
Property taxes
$1,405/mo
1.0544% of the price, Truckee's 2025-26 rate, plus direct charges: California re-assesses a home at its sale price. The $12,751 on this listing is the seller's bill.
HOA dues
$47/mo
From MLS listing data.
Home insurance
$550/mo
CA FAIR Plan + DIC estimate, ~$6,100–$7,100/yr — wildfire-zone rates vary; not a bindable quote.
Down payment
20% ($319,800)
Home price
$1,599,000
Loan details
30-yr fixed, 6.5%
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