$1,249,000 Closed
16440 Greenlee
Truckee, CA 96161
SOLD 2026-09-25
Sold for $1,100,000 (listed at $1,249,000)
2 Beds
·
2.0 Baths
·
1,262 Sq Ft

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It sold for $1,100,000 on 2026-09-25, and prices have moved since. Three boxes: leave your number and Murat calls you with what it would sell for today, priced from the latest closed sales nearby.

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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.

Listed by Fancy Rutherford — Tahoe Mountain Realty

Listing Details

Status Closed
MLS # 20261706
Sold Date 2026-09-25
Sold Price $1,100,000
Price/Sq Ft $990

Property History

Aug 14, 2026
Listed for sale
$1,249,000
Sep 05, 2026
Pending
$1,249,000
Sep 25, 2026
Sold
$1,100,000

Sale History · changed hands 2×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Oct 2004 · county record $595,000 Deed record — brokerage sides not reported
Sep 2026 · this listing $1,100,000 (+85%) Fancy RutherfordTahoe Mountain Realty Tallentyre FletcherTahoe Mountain Realty

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 2
Baths 2.0
Sq. Ft. 1,262
Lot Size 5.07 acres
Year Built 1995
Property Type Single Family Residence
Style Mountain
Subdivision Truckee
County Nevada
STR Jurisdiction Nevada County
APN 048020038000
Parking
Parking Features Four +, Attached, Boat, RV Access/Parking, Oversized, Parking Pad
Exterior & Lot
Lot Features Greenbelt, Zoned for Horses
View Trees/Woods, Mountain(s), Meadow
Roof Composition
Utilities & Systems
Heating Propane, CFAH

STR Investment Summary — 16440 Greenlee, Truckee

Est. Gross Annual Revenue
$20K – $55K
typically ~$35,000
Avg Nightly Rate
$181
Projected Occupancy
53.0%
Cap Rate
1.1%
Structural Score: 66 / 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.

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