$7,250,000 Active
16895 Walden Drive
Truckee, CA 96161
✓ STR Allowed — No Cap
Unincorporated Nevada County — no STR-specific permit cap. Only a Transient Occupancy Tax (TOT) certificate is required. Town of Truckee rules do NOT apply outside the incorporated town limits.
3 Beds
·
4.5 Baths
·
3,959 Sq Ft
Virtual Tour

About This Property

Perched atop a pristine 20-acre parcel in the coveted Juniper Hills enclave, this exceptional mountain estate offers one of the most commanding panoramas in the Truckee–Tahoe region. Sweeping views stretch across the Sierra Crest—from the ski runs of Northstar to Palisades Tahoe, Sugar Bowl, Castle Peak, and the shimmering expanse of Lake Ella below—creating a dramatic backdrop in every season. Custom-built in 2010 as a full-time family residence, this turnkey home embodies timeless craftsmanship and refined mountain elegance. The nearly 4,000-square-foot, single-story interior is defined by soaring articulated beams and thoughtfully designed spaces that invite both grand entertaining and intimate everyday living. From the elegant covered front porch, the sense of arrival begins at the iron-clad doors, opening into a granite airlock that quietly hints at the experience ahead. Straight through the room, the Sierra Crest comes into view, drawing the eye outward before the room itself commands attention. The gaze naturally rises along the granite-and-cast-iron fireplace to the expansive beamwork above, where the ceiling lifts dramatically overhead. Across the room, a granite bar and welcoming seating area complete the composition, creating a warm and memorable gathering space for family and guests. Anchoring the main living area, the chef’s kitchen features a Thermador range crowned by a striking pounded copper-clad hood, generous island seating, and seamless flow into the formal dining area, where a gas log fireplace and tranquil interior waterfall enhance the ambiance. Time for entertaining? This professional-style bar adds a layer of sophistication, perfectly suited for hosting memorable gatherings. Outdoor living is equally compelling, with the expansive flagstone patio, wired with speakers, and positioned to capture the ever-changing alpine light and wondrous sunset views. Three beautifully appointed ensuite bedrooms provide private retreats, each enjoying forested surroundings and lake vistas. The primary suite is a sanctuary unto itself, complete with expansive walk-through his-and-hers dressing rooms and closets, thoughtfully connected to the well-appointed laundry area. Hydronic in-floor heating throughout the home, beneath warming wool carpets, is zoned with separate thermostats to ensure personalized comfort in every room. Two dedicated home-office spaces support today’s lifestyle: one conveniently located off the garage, which would make a great artist or manufacturing studio space, and another within the main living area, boasting views so captivating it could easily serve as an additional bedroom. This high-end office also features built-in files, several workspace desktops, and energizing natural light. Two rooms enjoy access to a charming balcony, further connecting the home to its natural setting. Automobile enthusiasts will love the 7 garage spaces. Room for outdoor "toys", such as snowmobiles, motor bikes, or even small boats, can be easily parked using the drive-through garage on the main level, or in an additional lower-level garage. Enclosed above the garage is an undeveloped bonus space currently used for storage, and easily offering outstanding potential for a future game room, media lounge, or creative retreat. Recent improvements include a new boiler for the hydronic in-floor heating system and a new upgraded well pump, along with professionally repaired and resealed driveway surfaces and BMP upgrades. A solar hot water system is available too. Defensible space work was completed in 2024, underscoring the home’s thoughtful stewardship and readiness. Move-in ready, private, serene, and uncompromising in quality, this remarkable estate offers more than just a nice home in the mountains. It is a rare opportunity to own a legacy property with extraordinary views, refined amenities, access to miles of open space, outdoor adventures, and endless potential in one of Truckee’s most desirable settings.

Listed by Sue Daniels — Coldwell Banker Realty

Listing Details

Status Active
MLS # 20261830
Days on Market 4
Price/Sq Ft $1,831

Property History

Sep 01, 2026
Listed for sale
$7,250,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Jun 2005 · county record $603,500 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; rows marked via a listing site fill the years the feed misses using that site's public sale record.

Property Overview
Beds 3
Baths 4.5
Sq. Ft. 3,959
Lot Size 20.02 acres
Year Built 2010
Property Type Single Family Residence
Style Mountain
Subdivision Truckee
County Nevada
STR Jurisdiction Nevada County
APN 049160008000
Parking
Parking Features Attached, Heated Garage, Insulated, Plumbing, Boat, RV Access/Parking, Garage Door Opener, Oversized, Other
Attached Garage Yes
Exterior & Lot
Lot Features Greenbelt, Landscaped, Zoned for Horses, Ski In/Ski Out
View Lake, Panoramic-Lake, Panoramic, Mountain(s), Ski Resort, Water, Meadow
Construction Frame, Masonry, Wood Siding
Roof Composition, Metal
Foundation Concrete Perimeter
Utilities & Systems
Heating Propane, Wood, Hydronic
Financial
HOA Fee $396 / Other/ See Remarks
HOA & Community
Community Amenities Beach Access, Cross Country Skiing, Other/See Remarks
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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 GROSS ANNUAL REVENUE
$118K – $167K typically ~$142,500
~$11,875 per month
Avg Nightly
$485
Occupancy
68%
Cap Rate
5.2%

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% ($1,450,000)
Home price
$7,250,000
Loan details
30-yr fixed, 6.5%
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