$3,100,000 Active
12824 Muhlebach Way
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.
4 Beds
·
4.0 Baths
·
4,535 Sq Ft
Virtual Tour

About This Property

This majestic mountain retreat blends rustic elegance with exceptional craftsmanship, featuring a timeless combination of stone, wood, and metal finishes. Custom-designed on a private wooded lot, the home captures serene forest views from expansive wrap-around rear decks. A dramatic entryway leads to the grand foyer and into an impressive great room with cathedral ceilings and anchored by a stunning floor-to-ceiling stone fireplace. Designed for the discerning gourmet chef, the kitchen offers premium functionality and style, complemented by a formal dining room and inviting breakfast nook. The main level also features an extraordinary primary suite and a private guest suite. The lower level is designed for entertaining and relaxation, complete with a spacious recreation room featuring a second stone fireplace, wet bar, and refrigerator. Additional accommodations include a guest bedroom and bath, along with an oversized dorm style room with its own bath—perfect for hosting family and friends. A detached garage with substantial storage space below completes this exceptional property.

Listed by Barbara Wilkinson — Dickson Realty

Listing Details

Status Active
MLS # 20260811
Price/Sq Ft $684

Property History

May 14, 2026
Listed for sale
$3,100,000
Property Overview
Beds 4
Baths 4.0
Sq. Ft. 4,535
Lot Size 0.47 acres
Stories 2
Year Built 2006
Property Type Single Family Residence
Style Mountain
Subdivision Tahoe Donner
County Placer
STR Jurisdiction Town of Truckee
APN 045-550-013
Parking
Parking Features Two
Exterior & Lot
Exterior Features Pantry,High Ceilings,Landscaping
Lot Features Level,Downslope,Gentle
View Wooded
Construction Framed,Masonry,Log,Wooded,Steel
Roof Composition
Foundation Perim Concrete
Utilities & Systems
Heating Natural Gas,Hydronic,Radiant
Financial
HOA Fee $3,621
HOA / Community http://tahoedonner.com
HOA & Community
Community Amenities Beach Access,Pool,Tennis Courts,Golf,Equestrian Center,Cross Country Skiing,Down Hill Skiing,Exercise Equipment,Boat Ramp
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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 — 12824 Muhlebach Way, Truckee

Est. Annual Revenue
$118,404
Avg Nightly Rate
$1012
Projected Occupancy
32.0%
Cap Rate
1.5%
Structural Score: 74 / 100 (Premium) · STR Zone: Red

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% ($620,000)
Home price
$3,100,000
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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