$1,649,000 Active
1606 Deer Path
Truckee, CA 96161
✓ STR Allowed — Permit Required
Placer County STR permit required. County-wide cap of 3,900 permits — new permits available until cap is reached.
3 Beds
·
3.0 Baths
·
2,410 Sq Ft

About This Property

Stylish Tahoe character meets thoughtful customization in this inviting mountain retreat, tucked away on a private cul-de-sac just minutes from Northstar’s skiing, golf, mountain biking, dining, and year-round adventure. Originally full of classic Tahoe charm and extensively upgraded in 2008, this home blends warmth, personality, and functionality in all the right ways. The heart of the home is the spacious open kitchen, living, and dining area - designed for gathering, entertaining, and relaxed mountain living - with a flex space off living area to spread out. Vaulted open-beam ceilings, skylights, and abundant windows fill the home with natural light and enhance the airy, welcoming feel. A loft adds even more versatility, while the charming dormer office nook creates an ideal space for remote work or creative pursuits. With one bedroom and bath conveniently located on the main living level, the layout offers comfort and flexibility for guests or multi-generational living. Full of character, rich in functionality, and perfectly positioned for enjoying the Tahoe lifestyle, this is the kind of home that feels good the moment you walk in.

Listed by Linda Granger — Christie's Int'l R.E. Sereno

Listing Details

Status Active
MLS # 20260929
Price/Sq Ft $684

Property History

May 21, 2026
Listed for sale
$1,649,000
Property Overview
Beds 3
Baths 3.0
Sq. Ft. 2,410
Stories 2
Year Built 1979
Property Type Single Family Residence
Style Mountain
Subdivision Northstar
County Placer
STR Jurisdiction Town of Truckee
APN 110-240-002
Parking
Parking Features One
Exterior & Lot
Exterior Features High Ceilings,Rental History,Hot Tub
Lot Features Level,Upslope,Gentle
View Filtered,Wooded
Construction Framed
Roof Composition
Foundation Perim Concrete
Utilities & Systems
Heating Natural Gas,CFAH
Financial
HOA Fee $1,700
HOA / Community https://npoa.info/
HOA & Community
Community Amenities Pool,Tennis Courts,Golf,Cross Country Skiing,Down Hill Skiing,Exercise Equipment
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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 — 1606 Deer Path, Truckee

Est. Annual Revenue
$50,981
Avg Nightly Rate
$393
Projected Occupancy
36.5%
Cap Rate
1.2%
Structural Score: 54 / 100 (Standard) · STR Zone: Yellow

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% ($329,800)
Home price
$1,649,000
Loan details
30-yr fixed, 6.5%
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