$870,000 $989,000 ↓ $119,000 reduced Active
12199 Greenwood Court
Truckee, CA 96161

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⚠ 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
·
2.0 Baths
·
1,710 Sq Ft
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Our data on this home

About This Property

Tucked away at the end of a quiet cul-de-sac in Prosser Lakeview Estates, this inviting mountain retreat sits on an oversized 0.55-acre homesite surrounded by mature pines, offering privacy and direct access to the Truckee lifestyle. Step out your back door to miles of mountain biking, hiking, OHV, and snowshoe trails, or spend your days paddleboarding, kayaking, and fishing at nearby Prosser, Boca, and Stampede Reservoirs. Historic downtown Truckee, Donner Lake, and world-class skiing at Palisades Tahoe and Northstar are all just minutes away. The home features 3 bedrooms, 2 bathrooms, and an attached 2-car garage, with an inviting open-concept great room centered around a cozy wood-burning fireplace. The updated kitchen flows seamlessly into the living and dining areas, while an adjoining sitting room creates additional space to relax, entertain, or simply enjoy the peaceful forest setting. Recent improvements include updated kitchen and bathrooms, new recessed can lighting in the great room, new entry stairs and railings, an all-electric conversion, and a whole-house backup generator, providing modern efficiency and peace of mind throughout every season. Outside, the expansive homesite offers room to gather, play, and unwind, with recently installed backyard privacy fencing thoughtfully positioned to provide additional screening from nearby Highway 89. Combined with the mature pines and generous lot size, the outdoor setting offers a welcoming space to enjoy mountain living. Whether you're searching for a full-time residence, a weekend mountain getaway, or an investment in the Truckee lifestyle, 12199 Greenwood Court offers a compelling combination of privacy, usable land, thoughtful updates, and immediate access to endless year-round recreation—all at an exceptional value in one of Truckee's most established neighborhoods. Seller is open to considering buyer concessions, including a credit toward a 2-1 temporary interest rate buy-down, subject to lender approval and terms of the accepted offer.

Listed by Matthew McInnis — Tahoe Mountain Realty

Listing Details

Status Active
MLS # 20261590
Days on Market 83
Price/Sq Ft $509

Property History

Jul 31, 2026
Listed for sale
$989,000
Aug 27, 2026
Price reduced
$899,000 $989,000 ↓ $90,000
Oct 15, 2026
Price reduced
$870,000 $899,000 ↓ $29,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Mar 1999 · county record $188,500 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.

Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,710
Lot Size 0.55 acres
Year Built 1986
Property Type Single Family Residence
Style Mountain
Subdivision Truckee
County Nevada
STR Jurisdiction Town of Truckee
APN 016380008000
Parking
Garage Spaces 2
Parking Features Two, Attached
Attached Garage Yes
Exterior & Lot
Lot Features Greenbelt, Landscaped, Cul-De-Sac
View Trees/Woods
Construction Frame
Roof Metal
Foundation Concrete Perimeter
Utilities & Systems
Heating Electric, Wall Furnace, Wood Stove
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STR Investment Analysis

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

STR Investment Analysis

Red Zone
STRUCTURAL SCORE Premium
69
No revenue projection. Short-term rental permits are not currently obtainable here — the local jurisdiction has reached its permit cap or is waitlisting all new applications.

STR Investment Summary — 12199 Greenwood Court, Truckee

No revenue projection. Short-term rental permits are not currently obtainable here — the local jurisdiction has reached its permit cap or is waitlisting all new applications.
Structural Score: 69 / 100 (Premium) · STR Zone: Red

Home Insurance Estimate

California FAIR Plan fire policy + a DIC wrap policy, the usual Tahoe setup

$2,900 – $3,400/yr
about $262/mo
Est. Rebuild Cost (Coverage A)
$718,200
FAIR Plan (fire)
$2,400/yr
DIC wrap (theft, water, liability)
$500 – $1,000/yr

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 costs

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

$5,426 per month
Principal & interest
$4,399/mo
Property taxes
$764/mo
1.0544% of the price, Truckee's 2025-26 rate, plus direct charges: California re-assesses a home at its sale price.
HOA dues
$0/mo
From MLS listing data.
Home insurance
$263/mo
CA FAIR Plan + DIC estimate, ~$2,900–$3,400/yr — wildfire-zone rates vary; not a bindable quote.
Down payment
20% ($174,000)
Home price
$870,000
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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