Sold $1,925,000 $1,945,000 Closed
16356 Greenlee
Truckee, CA 96161
SOLD 2026-06-05
Sold for $1,925,000 (listed at $1,945,000)
4 Beds
·
3.0 Baths
·
3,146 Sq Ft
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About This Property

Tucked away on over five private, forested acres in the beautiful Russell Valley, this property captures the best of mountain living with room to spread out, space for animals and recreation, and breathtaking views of Russell Valley, Mt. Rose, and Northstar. Nearby, Boca, Prosser, and Stampede reservoirs offer boating, fishing, and summer fun, while winter brings world-class skiing at Palisades Tahoe, Northstar, and the Donner Summit ski areas just a short drive away. The home has a warm mountain architectural style, with vaulted ceilings in the main living area that create a sense of light and openness. Solid hickory flooring, in-floor hydronic heat, and expansive windows framing the surrounding landscape add to the feeling of comfort and quality. The great room flows seamlessly into the kitchen and dining areas, opening to an extensive wraparound deck with space for entertaining, relaxing, and soaking in the hot tub while taking in the views. Designed for both convenience and flexibility, the layout features three bedrooms, a full hall bath, a laundry room, and the main living areas upstairs. Downstairs includes the attached garage, mudroom, bonus room, gym or office plumbed and wired for a future kitchen, a full bath, and an additional bedroom. A dedicated toy garage offers ample space for boats, RVs, and all the gear that comes with the Tahoe lifestyle. The property also includes a 2,000 square foot, four-horse barn with turnouts and a spacious arena, providing an excellent setup for riding, training, or simply enjoying the open space. A widespread irrigation system keeps the land vibrant, making it equally suited for horses, gardening, landscaping, or other recreational uses. With four bedrooms, three baths, and over five acres, this is more than a home. It is a retreat that combines the quiet beauty of the mountains with quick access to downtown Truckee for dining, shopping, and community.

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

Listing Details

Status Closed
MLS # 20251999
Sold Date 2026-06-05
Sold Price $1,925,000
Price/Sq Ft $618

Property History

Aug 29, 2025
Listed for sale
$2,000,000
Current
Sold
$1,925,000

Sale History · changed hands 3×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Jan 2020 · via MLS history $1,200,000 — —
Nov 2022 · via MLS history $2,000,000 (+67%) — —
Jun 2026 · this listing $1,925,000 (-4%) Linda GrangerChristie's Int'l R.E. Sereno Samantha SwigardSierra Sotheby's Int - Rock

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. 3,146
Lot Size 5.06 acres
Year Built 2006
Property Type Single Family Residence
Style Mountain
Subdivision Truckee
County Nevada
STR Jurisdiction Nevada County
APN 048020015000
Parking
Garage Spaces 3
Parking Features Three, Attached, Boat, RV Access/Parking, Garage Door Opener, Oversized, Parking Pad
Attached Garage Yes
Exterior & Lot
Lot Features Street, Landscaped, Zoned for Horses
View Mountain(s), Meadow
Construction Frame
Roof Composition
Foundation Concrete Perimeter
Utilities & Systems
Heating Propane, Hydronic, Radiant, In Floor

STR Investment Summary — 16356 Greenlee, Truckee

Est. Gross Annual Revenue
$50K – $100K
typically ~$75,000
Avg Nightly Rate
$429
Projected Occupancy
47.9%
Cap Rate
1.5%
Structural Score: 74 / 100 (Premium) · STR Zone: Green

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.

Home Insurance Estimate

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

$5,400 – $6,300/yr
about $488/mo
Est. Rebuild Cost (Coverage A)
$1,321,320
FAIR Plan (fire)
$4,500/yr
DIC wrap (theft, water, liability)
$900 – $1,800/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
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