$985,000 Active

001 Martis Peak Road

Truckee, CA 96161

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⚠ 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.

About This Property

A gated entry leads to private road access for this new 33+ acre estate parcel, featuring sweeping views of majestic Sierra mountain peaks. This new parcel has been created and recorded as a part of a minor lot line adjustment. Featuring gentle to rolling topography, large stands of mature trees, open spaces and abundant sunshine. Easy access via paved roads. Electric service available. Conveniently located just 15 minutes to charming Downtown Truckee shopping and restaurants. A splendid base camp for horseback riding, hiking, mountain bike trail riding, fishing, alpine skiing and more through the seasons.

Listed by Ron Hemig — Sierra Sotheby's Int - Rock

Listing Details

Status Active

MLS # 20260057

Days on Market 280

Property History

Jan 15, 2026

Listed for sale

$985,000

Property Overview

Lot Size 33.00 acres

Property Type UnimprovedLand

Subdivision Truckee

County Nevada

STR Jurisdiction Town of Truckee

APN Port. 4824016

Exterior & Lot

Lot Features STREET, Zoned For Horses

View Trees/Woods, Mountain(s)

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STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

STR analysis

STRUCTURAL SCORE —

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PROJECTED GROSS ANNUAL REVENUE

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~— per month

Avg Nightly

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Occupancy

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Cap Rate

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STR Investment Analysis

STRUCTURAL SCORE

PROJECTED GROSS ANNUAL REVENUE

Avg Nightly

Occupancy

Cap Rate

Est. NOI Net Operating Income = annual gross rental revenue minus operating expenses (cleaning, property management, taxes, insurance, HOA, utilities, maintenance, supplies) — but before mortgage payments.

We estimate it as NOI = Projected Annual Revenue × 40%, assuming ~60% of gross goes to operating expenses on a typical Tahoe STR.

NOI feeds the cap rate below: Cap Rate = NOI ÷ List Price.

MONTHLY REVENUE

AVERAGE DAILY RATE

ADJUSTED OCCUPANCY

Estimates based on 2024-2025 comparable rental performance. Actual results vary.

Cost Segregation Tax Savings

Estimated first-year bonus depreciation savings

Estimated First-Year Tax Savings

via bonus depreciation

Land Value

Improvement Basis

5-Year Property (18%)

15-Year Property (10%)

Tax Bracket:

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

$5,846 per month

Principal & interest

$4,981/mo

Property taxes

$865/mo

1.0544% of the price, Truckee's 2025-26 rate, plus direct charges: California re-assesses a home at its sale price.

HOA dues

$0/mo

From MLS listing data.

Home insurance

$0/mo

Land — no home to insure, so no insurance estimate.

Down payment

20% ($197,000)

Home price

$985,000

Loan details

30-yr fixed, 6.5%

Start Time

End Time

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Murat Gocmen

Managing Broker

CA DRE# 02235314 NV B.1003327.LLC

(530) 317-0373

Send a Message

Or call directly: (530) 317-0373

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