$415,000 Active
11925 Saddleback Drive
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.

About This Property

This 0.84-acre homesite in Truckee's desirable Pine Forest neighborhood comes with completed plans, a soil report, and a survey, meaning the heavy lifting is done and you're ready to build. The plans speak for themselves: a 3,513 sq ft main residence plus an 869 sq ft ADU, set among tall pines with filtered mountain views and a peaceful forested backdrop. The ADU opens the door to rental income, a guest retreat, or multi-generational living, rare flexibility in a mountain setting. The gently sloping terrain lends itself well to the thoughtfully designed build, maximizing privacy and connection to the surrounding forest. Pine Forest puts you minutes from downtown Truckee's dining, shops, and schools, with easy access to the community recreation and aquatic center and miles of trails for year-round adventure. Shovel-ready lots with approved plans with Pine Forest HOA, an established Truckee neighborhood rarely come available, this one removes the guesswork and gets you to the good part faster.

Listed by Megan Evans — Sierra Sotheby's Int - Rock

Listing Details

Status Active
MLS # 20260290
Days on Market 171

Property History

Mar 06, 2026
Listed for sale
$415,000
Jul 23, 2026
Relisted
$415,000
Property Overview
Lot Size 0.84 acres
Property Type UnimprovedLand
Subdivision Truckee
County Nevada
STR Jurisdiction Town of Truckee
APN 019710044000
Exterior & Lot
Lot Features STREET
View Filtered, Trees/Woods, Mountain(s)
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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% ($83,000)
Home price
$415,000
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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