About This Property
Tucked away on over five private, quiet, forested acres in Russell Valley, 16440 Greenlee Road is a mountain retreat built for those who want a little more space, a little more adventure, and direct access to the Tahoe-Truckee lifestyle. The main two-bedroom, two-bath home features an open living area with large windows, wood flooring, and an expansive deck overlooking the property. Below, an incredible four-car garage provides plenty of room for vehicles, toys, gear, and projects. For equestrian enthusiasts, the four-horse barn features an indoor wash area, tack room, covered breezeway, a fenced turnout area, and level space with great footing for a round pen. Trails extend directly from Russell Valley for horseback riding, hiking, mountain biking, cross-country skiing, and snowmobiling, with Boca, Prosser, and Stampede reservoirs nearby. From the private well and electrical connection for a whole-house generator to the greenhouse and more, there are too many features to capture here, this is a property best experienced in person. Russell Valley offers something increasingly hard to find around Truckee: privacy, acreage, recreation, and a true sense of community, all just 10 miles from the heart of town and within easy reach of world-class skiing.
Listing Details
Property History
Sale History · changed hands 1×
| Sold | Price | Listing agent (sell side) | Buyer agent (buy side) |
|---|---|---|---|
| Oct 2004 · county record | $595,000 | 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.
STR Investment Analysis
Permitted ZoneSTR Investment Summary — 16440 Greenlee, Truckee
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
