$300,000 Active
16338 Lance 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.

About This Property

Plans in hand and ready to go. Build Your Dream Home in Elkhorn Ridge – 4 bedrooms, 3.5 bath. Consisting of 2 suites. Seize the rare opportunity to create your custom mountain retreat in Elkhorn Ridge, one of Truckee’s most coveted neighborhoods. Located in a premier enclave of the greater Glenshire area, this vacant lot is surrounded by some of the most desirable homes in the Glenshire community. Positioned to embrace the tranquil setting, wooded, and surrounding open meadows, this premium homesite offers the perfect canvas for your vision of healthy living. Enjoy the serenity of a natural setting with the benefit of a well-established community. Whether you’re building a full-time residence or a vacation escape, this lot offers the ideal blend of privacy, scenery, and access to everything Truckee has to offer. Don’t miss your chance to build in one of Truckee’s most exclusive and picturesque neighborhoods. Opportunities like this don’t come often.

Listed by Dionne Pope — Allison James Estates & Homes

Listing Details

Status Active
MLS # 20250647
Days on Market 408

Property History

Apr 23, 2025
Listed for sale
$300,000
Property Overview
Lot Size 0.29 acres
Property Type Single Family Residence
Subdivision Truckee
County Placer
STR Jurisdiction Town of Truckee
APN 049 320 016
Exterior & Lot
Lot Features Cul-de-sac
View Wooded,Mountain
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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 ANNUAL REVENUE
$142,500 ($118K – $167K range)
~$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% ($60,000)
Home price
$300,000
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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