$995,000 Active
16138 Lance 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
·
1,980 Sq Ft
Virtual Tour

About This Property

RELAUNCHED AT $995,000 — Modern 2019 construction in Glenshire. Completely refreshed and prepped for immediate move-in, this single-level home offers unbeatable value for buyers seeking modern efficiency and low-maintenance Truckee living. Turnkey & Refreshed: Professional deep clean with fresh interior and exterior paint/stain, new kitchen dishwasher and faucet, and custom glass shower doors. Enhanced Outdoor Privacy: Custom deck screening, new fencing, and newly planted trees create a private outdoor setting. Safety & Peace of Mind: Passed defensible space fire inspection, full house and garage fire sprinkler system, and recently serviced furnace and gas fireplace. Massive Gear Vault: Expansive under-house storage area built for mountain toys. Prime Location: Minutes to Glenshire Elementary, local reservoirs, and trails, with fast I-80 access for Reno/Truckee commutes and low $45/month HOA dues.

Listed by Kirsten Soi — Dickson Realty

Listing Details

Status Active
MLS # 20261914
Days on Market 5
Price/Sq Ft $503

Property History

Sep 08, 2026
Listed for sale
$995,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Aug 2019 · county record $725,000 Deed record — brokerage sides not reported

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 3
Baths 2.5
Sq. Ft. 1,980
Lot Size 0.36 acres
Year Built 2019
Property Type Single Family Residence
Style Mountain
Subdivision Truckee
County Nevada
STR Jurisdiction Town of Truckee
APN 040050034
Parking
Garage Spaces 2
Parking Features Two, Attached, RV Access/Parking, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Lot Features Street, Corner Lot
View Mountain(s)
Construction Frame
Roof Composition
Foundation Concrete Perimeter
Financial
HOA Fee $561 / Annually
HOA & Community
Community Amenities 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
65
PROJECTED GROSS ANNUAL REVENUE
$30K – $95K typically ~$50,000
~$4,167 per month
Avg Nightly
$267
Occupancy
51%
Cap Rate
2.1%

STR Investment Summary — 16138 Lance Drive, 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.
Est. Gross Annual Revenue
$30K – $95K
typically ~$50,000
Avg Nightly Rate
$267
Projected Occupancy
51.3%
Cap Rate
2.1%
Structural Score: 65 / 100 (Premium) · STR Zone: Red

Based on comparable vacation rental performance data for Truckee. Gross of management, cleaning and platform fees. Assumes full-year availability, professional management and dynamic pricing; owner use reduces it. 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% ($199,000)
Home price
$995,000
Loan details
30-yr fixed, 6.5%
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