$1,350,000 Active
16172 Old Highway 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.
4 Beds
·
3.0 Baths
·
1,773 Sq Ft
Virtual Tour

About This Property

Showcasing a complete, elevated reconstruction, 16172 Old Highway Dr is now fully finished and ready for market. Thoughtfully reimagined with high quality finishes and a clean, modern mountain aesthetic, this home offers the feel of new construction while embracing the relaxed charm of Truckee living. The spacious and functional layout features 4 bedrooms and 3 full bathrooms, including two private ensuite bedrooms, ideal for hosting guests or creating a comfortable retreat for family and friends. Every detail has been considered—from the quality craftsmanship to the practical conveniences, including an indoor laundry room plus EV charger and a golf cart garage tucked beneath the home, perfect for easy access to the lake and storing all your Tahoe gear. Located just minutes from Donner Lake with DLPOA private beach optional membership this home delivers an unmatched lifestyle. Spend your summers enjoying paddleboarding, swimming, and sunset dinners by the water, and your winters skiing nearby resorts or cozying up after a day in the snow. Whether you're seeking a full-time residence, weekend escape, or legacy mountain property, this turnkey home offers effortless living in one of Truckee’s most sought-after lake-adjacent settings.

Listed by Kristen Snedeker — Compass

Listing Details

Status Active
MLS # 20260717
Price/Sq Ft $761

Property History

May 05, 2026
Listed for sale
$1,350,000
Property Overview
Beds 4
Baths 3.0
Sq. Ft. 1,773
Stories 2
Year Built 1968
Property Type Single Family Residence
Style Mountain
Subdivision Donner Lake
County Nevada
STR Jurisdiction Town of Truckee
APN 017-100-012-000
Parking
Parking Features One
Exterior & Lot
View Wooded,Mountain
Construction Framed
Roof Metal
Foundation Perim Concrete
Utilities & Systems
Heating Heat Pump
HOA & Community
Community Amenities Beach Access,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 — 16172 Old Highway Drive, Truckee

Est. Annual Revenue
$70,310
Avg Nightly Rate
$688
Projected Occupancy
28.5%
Cap Rate
2.1%
Structural Score: 71 / 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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($270,000)
Home price
$1,350,000
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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