$1,278,000 $12,780,000 ↓ $11,502,000 reduced Pending
10342 Palisades 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.
3 Beds
·
3.5 Baths
·
1,730 Sq Ft
Virtual Tour

About This Property

10342 Palisades Drive is an extremely rare mountain modern townhome in the downtown Truckee area, featuring a prime high-end design by award-winning MWA Architects. Tucked into a peaceful enclave on the edge of downtown, this beautifully crafted 3-bedroom, 3.5-bath residence delivers the perfect blend of mountain serenity and walk-to-everything convenience. Surrounded by tranquil forest with filtered greenbelt views from two private decks, the home feels worlds away yet sits just steps from vibrant downtown Truckee. It occupies an ideal location between four of the region’s top ski resorts—Northstar California, Palisades Tahoe, Sugar Bowl, and Boreal—placing world-class skiing, the 06 trail network for hiking and mountain biking, Truckee Regional Park with its amphitheater and weekly farmer’s market, shopping, and dining all within easy reach.Built in 2020, the striking mountain-modern exterior by MWA Architects is complemented by meticulously curated high-end interiors, including custom alder cabinetry, quartz countertops, wide-plank laminate hardwood flooring, Samsung stainless-steel appliances, and two inviting gas fireplaces. Two bedrooms feature en-suite baths, including a luxurious primary retreat with a spa-inspired bathroom complete with a freestanding soaking tub, while the third bedroom has a full bath right next to it. A spacious two-car garage and large lower-level bonus space add exceptional storage and flexibility. Offering the privacy and quality of a custom home in an intimate setting, this is a rare opportunity to own a distinguished, architecturally significant residence and enjoy the very best of the Truckee lifestyle.

Listed by Katariina Nousiainen — Carr Long Real Estate

Listing Details

Status Pending
MLS # 20261382
Days on Market 45
Sold Date 2026-09-04
Price/Sq Ft $739

Property History

Jul 03, 2026
Listed for sale
$1,278,000
Aug 14, 2026
Pending
$1,278,000
Property Overview
Beds 3
Baths 3.5
Sq. Ft. 1,730
Year Built 2020
Property Type Residential
Style Mountain
Subdivision Truckee
County Placer
STR Jurisdiction Town of Truckee
APN 1952005000
Parking
Garage Spaces 2
Parking Features Two, Attached
Attached Garage Yes
Exterior & Lot
Lot Features Greenbelt
View Filtered
Construction Wood Siding
Roof Composition
Foundation Concrete Perimeter
Utilities & Systems
Heating Natural Gas
Financial
HOA Fee $190 / Monthly
📊

STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Red Zone
STRUCTURAL SCORE Premium
71
PROJECTED GROSS ANNUAL REVENUE
$47,471 ($32K – $73K range)
~$3,956 per month
Avg Nightly
$249
Occupancy
52%
Cap Rate
1.5%

STR Investment Summary — 10342 Palisades Drive, Truckee

Est. Gross Annual Revenue
$47,471
Avg Nightly Rate
$249
Projected Occupancy
52.4%
Cap Rate
1.5%
Structural Score: 71 / 100 (Premium) · STR Zone: Red

Based on comparable vacation rental performance data for Truckee. Gross of management, cleaning and platform fees. 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
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% ($255,600)
Home price
$1,278,000
Loan details
30-yr fixed, 6.5%
Request a Tour

We'll contact you soon.

Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

Send a Message

Or call directly: (530) 317-0373