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About This Property
Experience the perfect blend of mountain charm, modern updates, and an unbeatable location in this beautifully refreshed 2-bedroom, 2-bath home with a dedicated office and spacious bonus room. Nestled on a level, nearly half-acre lot, the property backs directly to the Legacy Trail, Coldstream Ponds, and the scenic slopes of Jackass Ridge, offering private gated access to one of Truckee's most coveted outdoor playgrounds. Step outside to miles of walking and biking trails leading to Donner Lake and historic downtown Truckee, or enjoy the convenience of shops, restaurants, and everyday amenities less than a 10-minute walk away. World-class skiing at Palisades Tahoe and Northstar is just a short drive away, with easy access to Highway 80 making every adventure effortless. Designed for both relaxation and entertaining, the elevated rear deck overlooks tranquil ponds and a stunning backdrop of towering pines, creating a setting that feels like true waterfront living at a fraction of the cost. Whether you're hosting friends for sunset gatherings or enjoying a quiet morning coffee, the peaceful water and forest views provide an unforgettable experience year-round. The home has been thoughtfully upgraded with new lighting fixtures, new interior doors, all-new windows, an upgraded electrical panel, tankless water heater, new carpet, fresh exterior paint, all-new kitchen cabinetry, countertops and brand-new, never-used appliances. The cabinet finishing touches have been intentionally left for the next owner, providing the opportunity to customize color and finish to perfectly reflect your personal style. Adding both privacy and lasting value, the property is enclosed by a custom-built wood fence designed for durability and timeless appeal, creating a secure and inviting outdoor retreat. Offering the ideal combination of recreation, convenience, and natural beauty, this exceptional property delivers the feeling of resort-style living every day—where trails, water, mountains, and the best of Truckee are quite literally right outside your back gate. Utilize all the space of this adorable 3 bedroom home plus office! (one bedroom is non-conforming)
Listing Details
Property History
Sale History · changed hands 1×
| Sold | Price | Listing agent (sell side) | Buyer agent (buy side) |
|---|---|---|---|
| Jan 2015 · county record | $359,500 | Deed record — brokerage sides not reported | |
MLS closed sales, with duplicate ingestions collapsed and lease records excluded, so each row is a distinct transaction. Rows marked county record come from the assessor's deed data, which reaches back further than the MLS feed; rows marked via a listing site fill the years the feed misses using that site's public sale record.
STR Investment Analysis
Red ZoneSTR Investment Summary — 11831 Deerfield Drive, Truckee
Home Insurance Estimate
California FAIR Plan fire policy + a DIC wrap policy, the usual Tahoe setup
Estimate from this ZIP's California FAIR Plan rates (Plan data as of 6/30/2026, with the 29.1% increase effective 10/15/2026) on an estimated rebuild cost, plus a DIC policy at 20–40% of the FAIR premium. Not a bindable quote; a local broker quote depends on the home's age, roof, defensible space and claims history.
See it in the monthly payment Tahoe wildfire insurance costsCost Segregation Tax Savings
Estimated first-year bonus depreciation savings