$2,895,000
11420 Ghirard Road
Truckee, CA 96161
STR Status Unknown
4 Beds
·
4.5 Baths
·
3,081 Sq Ft
·
16988 Lot

About This Property

Incredible opportunity to own a brand new custom mountain home in the highly sought-after Gray’s Crossing community. This is a rare chance to customize your dream home and potentially save by having it built specifically for you. The proposed plans feature a thoughtfully designed 4-bedroom, 4-bath residence with a spacious game room, offering an ideal layout for both everyday living and entertaining family and friends. Construction is scheduled to begin around May 1st, with an estimated 15-month build timeline. This home will be crafted by Cervantes Custom Homes, Inc., known for quality craftsmanship, attention to detail, and refined mountain design. Buyers may choose to build to suit, tailoring finishes and details to match their vision, or purchase the completed home upon completion. Gray’s Crossing is a premier Truckee neighborhood, celebrated for its scenic setting, access to the championship golf course, and proximity to downtown Truckee, world-class skiing, trails, and year-round recreation. Whether you envision a primary residence or a luxury mountain retreat, this opportunity offers exceptional value in a community where new construction is increasingly rare. Photos shown are of a similar home completed by the builder in recent years and are provided to illustrate the level of quality, style, and finishes you can expect. If you are looking for a great opportunity in Gray’s Crossing and are patient, discerning, and excited about creating a home tailored to your needs, this is an exceptional offering not to be missed.

Listed by Christy Morrison — Home and Slate Real Estate

Listing Details

Status Active
MLS # 20260068
Days on Market 61
Price/Sq Ft $940

Property History

Jan 16, 2026
Listed for sale
$2,895,000
Property Overview
Beds 4
Baths 4.5
Sq. Ft. 3,081
Lot Size 0.39 acres
Stories 2
Year Built 2026
Property Type Single Family Residence
Style Modern
Subdivision Truckee
APN 019-850-027-000
Parking
Parking Features Two
Exterior & Lot
Exterior Features High Ceilings
Lot Features Downslope,Corner
View Filtered,Wooded,Mountain,Golf
Utilities & Systems
Heating CFAH
Financial
HOA Fee $90
HOA & Community
Community Amenities 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 ANNUAL REVENUE
$142,500 ($118K – $167K range)
~$11,875 per month
Avg Nightly
$485
Occupancy
68%
Cap Rate
5.2%

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% ($579,000)
Home price
$2,895,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Real Estate Agent
License #CA 02235314

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