$1,499,000 Active
16139 Lancaster Place
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
·
2,700 Sq Ft
Virtual Tour

About This Property

With open space, meadow views, multiple gathering spaces inside and out, this Glenshire home captures the essence of mountain living. Backing to greenbelt on two sides and surrounded by towering pines, the approximately 2,700 square foot residence sits on a sunny, flat .30-acre lot, offering rare privacy with the warmth of a true community feel. Abundant natural light fills the interior, highlighting a great room with a striking river rock gas stove, formal dining room, family room, and a glass-door bonus space ideal as a media room or second office. The well-appointed kitchen features ample cabinetry, generous counter space, stainless steel appliances, and a functional breakfast bar. A dedicated office with private access to the garage and backyard makes working from home a seamless part of daily life. Upstairs, all bedrooms are tucked together for privacy. The spacious primary suite showcases vaulted wood ceilings, a large walk-in closet, and a beautifully updated ensuite with dual sinks, a soaking tub, and stone finishes. Expansive decks provide a seamless connection to the outdoors, overlooking the meadow and greenbelt beyond — and a cement patio with hot tub means the outdoor living never stops. Solar panels, newer windows, and AC keep the home energy efficient and comfortable year-round. For those who love adventure, the oversized parking area accommodates a large camper and/or boat with a rare on-site RV dump station connected to sewer. An attached two-car garage rounds out the practicalities. This location is near the Glenshire Pond, neighborhood trails, HOA Clubhouse, pool, tennis courts, Glenshire Pizza and store plus elementary school, this is Truckee living at its most complete!

Listed by Megan Evans — Sierra Sotheby's Int - Rock

Listing Details

Status Active
MLS # 20261225
Price/Sq Ft $555

Property History

Jun 19, 2026
Listed for sale
$1,499,000
Property Overview
Beds 3
Baths 2.5
Sq. Ft. 2,700
Lot Size 0.31 acres
Stories 2
Year Built 1988
Property Type Single Family Residence
Style Mountain
Subdivision Truckee
County Nevada
STR Jurisdiction Town of Truckee
APN 040-090-012
Parking
Parking Features Two
Exterior & Lot
Exterior Features Landscaping,High Speed Internet,Hot Tub,Air Conditioning
Lot Features Level,Cul-de-sac
View Wooded,Meadow
Construction Wooded
Roof Composition
Foundation Perim Concrete
Utilities & Systems
Heating Natural Gas,CFAH
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 — 16139 Lancaster Place, Truckee

Est. Annual Revenue
$54,987
Avg Nightly Rate
$388
Projected Occupancy
40.2%
Cap Rate
1.5%
Structural Score: 68 / 100 (Premium) · 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
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% ($299,800)
Home price
$1,499,000
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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