$2,950,000 Active
10011 Winter Creek Loop
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.

About This Property

Silver Creek — 1.71-acre multifamily development site on Winter Creek Loop, Truckee (APN 019-820-001-000). The Town of Truckee Planning Commission approved a 40-unit multifamily project on the site under State Density Bonus Law (Resolution 2024-08), including five units deed-restricted at 60% AMI in perpetuity. IMPORTANT — ENTITLEMENT STATUS: The approval term expired September 2, 2026. The project is NOT currently entitled and is NOT construction-ready. A time extension application was submitted August 26, 2026; the Town issued an incompleteness determination dated September 3, 2026, and a supplemental submittal is in preparation. No assurance is made that the extension will be approved. Renderings and schematic images are conceptual only, are not construction documents, and may differ from the elevations reviewed by the Planning Commission. Buyer to independently verify entitlement status, conditions of approval, applicable current development and objective design standards, and all feasibility matters directly with the Town of Truckee. Sold AS-IS.

Listed by David Gove — Real Broker, LLC

Listing Details

Status Active
MLS # 20261957
Days on Market 5

Property History

Sep 15, 2026
Listed for sale
$2,950,000
Property Overview
Lot Size 0.71 acres
Property Type Land
Subdivision Truckee
County Nevada
STR Jurisdiction Town of Truckee
APN 019820001000
Exterior & Lot
Lot Features Greenbelt
View Trees/Woods, City
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STR Investment Analysis

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

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Excellent
87
PROJECTED GROSS ANNUAL REVENUE
$118K – $167K typically ~$142,500
~$11,875 per month
Avg Nightly
$485
Occupancy
68%
Cap Rate
5.2%

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% ($590,000)
Home price
$2,950,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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