About This Property
Tucked away on over five private, quiet, forested acres in Russell Valley, 16440 Greenlee Road is a mountain retreat built for those who want a little more space, a little more adventure, and direct access to the Tahoe-Truckee lifestyle. The main two-bedroom, two-bath home features an open living area with large windows, wood flooring, and an expansive deck overlooking the property. Below, an incredible four-car garage provides plenty of room for vehicles, toys, gear, and projects. For equestrian enthusiasts, the four-horse barn features an indoor wash area, tack room, covered breezeway, a fenced turnout area, and level space with great footing for a round pen. Trails extend directly from Russell Valley for horseback riding, hiking, mountain biking, cross-country skiing, and snowmobiling, with Boca, Prosser, and Stampede reservoirs nearby. From the private well and electrical connection for a whole-house generator to the greenhouse and more, there are too many features to capture here, this is a property best experienced in person. Russell Valley offers something increasingly hard to find around Truckee: privacy, acreage, recreation, and a true sense of community, all just 10 miles from the heart of town and within easy reach of world-class skiing.
Listing Details
Property History
Sale History · changed hands 1×
| Sold | Price | Listing agent (sell side) | Buyer agent (buy side) |
|---|---|---|---|
| Oct 2004 · county record | $595,000 | 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.
STR Investment Analysis
Permitted ZoneSTR Investment Summary — 16440 Greenlee, Truckee
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