$950,000 Active
11294 Bishop Pine Road
Truckee, CA 96161

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✓ STR Allowed — Permit Required
Placer County STR permit required. Eastern Placer cap of 3,900 permits (not reached) — new permits available until cap is reached.
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3 Beds
·
2.0 Baths
·
1,337 Sq Ft

Our data on this home

Short-term rental income $25K – $50K/yr Est. gross · $184/night · 52.2% booked Home insurance $2,300 – $2,700/yr FAIR Plan + DIC wrap, the usual Tahoe setup

About This Property

Welcome to this beautifully updated 3-bedroom, 2-bath home in the highly desirable Sierra Meadows neighborhood of Truckee. Offering a functional floor plan and a spacious 2-car garage, this home combines modern updates with mountain-town charm. The remodeled kitchen features contemporary finishes, updated cabinetry, quality countertops, and newer appliances, making it the perfect space for cooking and entertaining. Both bathrooms have been tastefully renovated with stylish fixtures and finishes, providing a fresh, move-in-ready feel throughout. Natural light fills the living spaces, creating a warm and inviting atmosphere, while the home's thoughtful layout offers comfortable living for full-time residents, second-home owners, or those seeking a mountain getaway. Ideally located just minutes from historic downtown Truckee, Donner Lake, world-class skiing, hiking and biking trails, shopping, dining, and easy access to I-80, Sierra Meadows is one of Truckee's most sought-after neighborhoods for its convenience and community feel. Don't miss this opportunity to own an updated home in the heart of Truckee, where mountain living meets everyday comfort.

Listed by Matthew Mehan — Compass

Listing Details

Status Active
MLS # 20261690
Days on Market 71
Price/Sq Ft $711

Property History

Aug 13, 2026
Listed for sale
$950,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,337
Lot Size 0.24 acres
Year Built 1990
Property Type Single Family Residence
Style Mountain
Subdivision Truckee
County Placer
STR Jurisdiction Placer County
APN 080310020000
Parking
Garage Spaces 2
Parking Features Two
Attached Garage Yes
Exterior & Lot
Lot Features Street
Financial
HOA Fee $40 / Monthly
📊

STR Investment Analysis

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

STR Investment Analysis

Yellow Zone
STRUCTURAL SCORE Premium
67
PROJECTED GROSS ANNUAL REVENUE
$25K – $50K typically ~$35,000
~$2,917 per month
Avg Nightly
$184
Occupancy
52%
Cap Rate
1.5%

STR Investment Summary — 11294 Bishop Pine Road, Truckee

Est. Gross Annual Revenue
$25K – $50K
typically ~$35,000
Avg Nightly Rate
$184
Projected Occupancy
52.2%
Cap Rate
1.5%
Structural Score: 67 / 100 (Premium) · STR Zone: Yellow

Based on comparable vacation rental performance data for Truckee. Gross of management, cleaning and platform fees. Assumes full-year availability, professional management and dynamic pricing; owner use reduces it. Revenue projections are estimates and may vary.

Home Insurance Estimate

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

$2,300 – $2,700/yr
about $208/mo
Est. Rebuild Cost (Coverage A)
$561,540
FAIR Plan (fire)
$1,900/yr
DIC wrap (theft, water, liability)
$400 – $800/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

$5,887 per month
Principal & interest
$4,804/mo
Property taxes
$835/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
$40/mo
From MLS listing data.
Home insurance
$208/mo
CA FAIR Plan + DIC estimate, ~$2,300–$2,700/yr — wildfire-zone rates vary; not a bindable quote.
Down payment
20% ($190,000)
Home price
$950,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC
(530) 317-0373

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