$2,700,000 Active
17247 Valley View Road
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
·
3.5 Baths
·
5,900 Sq Ft
Virtual Tour

About This Property

Welcome to this Frank Lloyd Wright-inspired mountain retreat offering breathtaking panoramic views stretching from Northstar to Donner Lake, often sitting peacefully above the morning fog that blankets the valley below. Designed for both relaxation and entertaining, this extraordinary home features multiple indoor living spaces and game rooms, including an upstairs loft, golf simulator room, expansive living and family rooms, and a remarkable bar area complete with a wine fridge. The recently remodeled kitchen, enveloping radiant floor heating, wood-burning fireplace, and tranquil built-in indoor fountain create a warm and inviting atmosphere throughout. The private primary suite is conveniently located on the main level, tucked away for comfort and seclusion. Over $50K in indoor painting recently completed. Outside, there is ample room for all your toys with a massive 1,800-square-foot shop, large firewood storage shed, and an enclosed propane tank shed. An expansive screened porch perfectly frames the stunning western views of the Pacific Crest, while endless nearby hiking and mountain biking trails invite you to explore this special corner of the Eastern Sierra. Located just 20 minutes from downtown Truckee and 30 minutes from Reno, this is the private mountain escape you’ve been waiting for.

Listed by Bret Churchman — COMPASS

Listing Details

Status Active
MLS # 20260767
Days on Market 1
Price/Sq Ft $458

Property History

May 08, 2026
Listed for sale
$2,700,000
Property Overview
Beds 4
Baths 3.5
Sq. Ft. 5,900
Lot Size 20.00 acres
Stories 3
Year Built 1997
Property Type Single Family Residence
Style Mountain
Subdivision Truckee
County Placer
STR Jurisdiction Town of Truckee
APN 49-080-004
Parking
Parking Features Four +
Exterior & Lot
Exterior Features High Ceilings,Zoned for Horses
Lot Features Varies
View Panoramic,Mountain
Construction Framed
Roof Metal,Shake/Shingle
Foundation Perim Concrete
Utilities & Systems
Heating Propane,Hydronic,Radiant
Financial
HOA Fee $1,700
HOA / Community https://www.martispeakhoa.org
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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 — 17247 Valley View Road, Truckee

Est. Annual Revenue
$80,888
Avg Nightly Rate
$822
Projected Occupancy
27.3%
Cap Rate
1.2%
Structural Score: 58 / 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% ($540,000)
Home price
$2,700,000
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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