$1,750,000 Pending
408 James McIver
Truckee, CA 96161
✓ STR Allowed — Permit Required
Placer County STR permit required. County-wide cap of 3,900 permits — new permits available until cap is reached.

About This Property

The most exceptional homesite remaining in Lahontan. Situated at the end of a quiet cul-de-sac, overlooking it all. Where breathtaking 180-degree views stretch across Martis Valley, the Lahontan par 3 Golf Course, and Lookout Mountain. This premium homesite offers an unrivaled setting to create a timeless family legacy in one of Truckee’s most prestigious communities. Enjoy the added benefit of no private transfer fee and no Mello-Roos fees — a rare advantage of Lahontan. Don't miss your chance to build your dream retreat on this extraordinary parcel.

Listed by Annika Gelso — Engel & Volkers Truckee

Listing Details

Status Pending
MLS # 20250859
Days on Market 389
Sold Date 2026-06-17

Property History

May 12, 2025
Listed for sale
$1,750,000
Current
Pending
$1,750,000
Property Overview
Lot Size 0.67 acres
Property Type Single Family Residence
Subdivision Martis Valley
County Placer
STR Jurisdiction Placer County
APN 107-020-028-000
Exterior & Lot
Lot Features Cul-de-sac,Gentle
View Panoramic,Mountain,Golf,Ski Resort
📊

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%

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% ($350,000)
Home price
$1,750,000
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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