$2,599,000 Active
11575 Zermatt 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.
6 Beds
·
4.0 Baths
·
4,032 Sq Ft

About This Property

Welcome to the TAHOE TIMBER ESTATE! OPEN HOUSE Saturday May 16th 11-5pm, Sunday May 17th 11-4pm!! Backing to open space in Tahoe Donner with nearby ponds and streams, this gorgeous, handcrafted log home offers the kind of mountain setting that is getting harder to find. Surrounded by tall pines and natural landscape, the property feels quiet and removed while still offering convenient access to Tahoe Donner amenities, trail systems, and year-round recreation. Built with impressive scale and craftsmanship, the home blends large log construction with warm, comfortable living spaces designed for gathering and slowing down after a day outside. The great room is filled with natural light from a dramatic wall of windows overlooking the trees, while vaulted ceilings with massive beam work with a stone hearth gas woodstove create a space that feels both expansive and welcoming. Open to a large kitchen and dining room, the connection to the outdoors carries throughout the home, with multiple decks, peaceful forest views, and easy access to the surrounding landscape. With more than 4,000 square feet across two levels, the floor plan offers flexibility for full time living, vacation use, or hosting large groups. Upstairs, separate bedroom wings are connected by an elevated walkway overlooking the main living area below, adding architectural character and privacy to the layout. Additional living spaces including a family room, loft, den, and bonus space providing plenty of room to spread out while still maintaining a comfortable flow throughout the home. Spend summer evenings on the deck surrounded by trees, enjoy morning coffee with the sound of nearby water features in the background, or relax in the hot tub after skiing or snowshoeing. The setting offers a true sense of being in the mountains without feeling isolated. A large unfinished lower level already includes portions of plumbing and electrical presenting a rare opportunity for up to 2,000 square feet of future expansion (see plans). Whether imagined as an additional entertaining area, gym or private theater with wine cellar, the space gives the next owner flexibility to create something tailored to their needs. There is also substantial storage space for seasonal gear and equipment. Additional features include hydronic heat, a heated driveway for easier winter access, a new 24,000 watt generator, and close proximity to Tahoe Donner’s extensive amenities including recreation centers, pools, golf, tennis, dining, donner lake private beach and miles of hiking and biking trails. Properties with this combination of setting, square footage, log construction, and expansion potential rarely become available!

Listed by Val Videgain — Coldwell Banker Realty

Listing Details

Status Active
MLS # 20260831
Price/Sq Ft $645

Property History

May 15, 2026
Listed for sale
$2,599,000
Property Overview
Beds 6
Baths 4.0
Sq. Ft. 4,032
Lot Size 0.47 acres
Stories 2
Year Built 2004
Property Type Single Family Residence
Style Log
Subdivision Tahoe Donner
County Nevada
STR Jurisdiction Town of Truckee
APN 044-040-024-000
Parking
Parking Features Two
Exterior & Lot
Exterior Features Pantry,High Ceilings,Heated Drive,Generator
Lot Features Level,Downslope,Gentle
View Wooded,River/Creek,Meadow
Construction Framed,Log
Roof Composition
Foundation Perim Block
Utilities & Systems
Heating Natural Gas,Wood,Hydronic,In Floor
Financial
HOA Fee $3,621
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 — 11575 Zermatt Drive, Truckee

Est. Annual Revenue
$110,236
Avg Nightly Rate
$1078
Projected Occupancy
28.4%
Cap Rate
1.7%
Structural Score: 59 / 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% ($519,800)
Home price
$2,599,000
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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