$1,200,000 Active
12465 Pine Forest 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.
3 Beds
·
2.5 Baths
·
2,150 Sq Ft
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About This Property

Set in Prosser Lakeview, this thoughtfully designed custom mountain home is defined by a welcoming double-height entry and vaulted ceilings with exposed timber trusses. The great room unfolds with a dramatic wall of windows and a floor-to-ceiling stacked stone gas fireplace, all positioned near the Tahoe National Forest and moments from Prosser Creek Reservoir, with immediate access to trails and open space. The two-story residence offers 3 bedrooms and 2.5 baths, including a main-level primary suite with a private deck, complemented by a sunlit front deck that extends the home’s living and entertaining space. Two additional bedrooms and a shared bath on the lower level create separation and flexibility for guests or family. A curated design palette features shiplap accents and black iron lighting. Additional highlights include a spacious garage, a playful treehouse fort tucked into the natural landscape, and a large, curated seating area that invites outdoor evenings. A rare opportunity to live at the edge of open space in one of Truckee’s most loved neighborhoods.

Listed by Camille Duvall-Hero — Sierra Sotheby's Int - Rock

Listing Details

Status Active
MLS # 20260632
Price/Sq Ft $558

Property History

Apr 24, 2026
Listed for sale
$1,200,000
Property Overview
Beds 3
Baths 2.5
Sq. Ft. 2,150
Lot Size 0.30 acres
Stories 2
Year Built 2004
Property Type Single Family Residence
Style Mountain
Subdivision Truckee
County Nevada
STR Jurisdiction Town of Truckee
APN 016-480-059
Parking
Parking Features Two
Exterior & Lot
Exterior Features Pantry,High Ceilings,Landscaping,Cable TV
Lot Features Level
View Wooded
Construction Framed,Wooded
Roof Composition,Metal
Utilities & Systems
Heating CFAH,Radiant
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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 — 12465 Pine Forest Road, Truckee

Est. Annual Revenue
$64,700
Avg Nightly Rate
$509
Projected Occupancy
36.1%
Cap Rate
2.2%
Structural Score: 69 / 100 (Premium) · STR Zone: Green

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% ($240,000)
Home price
$1,200,000
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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