$1,750,000 Pending
408 James McIver
Truckee, CA 96161
✓ STR Allowed — Permit Required
Placer County STR permit required. County-wide cap of 3,900 permits — new permits available until cap is reached.

About This Property

The most exceptional homesite remaining in Lahontan. Situated at the end of a quiet cul-de-sac, overlooking it all. Where breathtaking 180-degree views stretch across Martis Valley, the Lahontan par 3 Golf Course, and Lookout Mountain. This premium homesite offers an unrivaled setting to create a timeless family legacy in one of Truckee’s most prestigious communities. Enjoy the added benefit of no private transfer fee and no Mello-Roos fees — a rare advantage of Lahontan. Don't miss your chance to build your dream retreat on this extraordinary parcel.

Listed by Annika Gelso — Engel & Volkers Truckee

Listing Details

Status Pending
MLS # 20250859
Days on Market 440
Sold Date 2026-06-17

Property History

May 12, 2025
Listed for sale
$1,750,000
Current
Pending
$1,750,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Sep 2000 · county record $971,000 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.

Property Overview
Lot Size 0.67 acres
Property Type UnimprovedLand
Subdivision Martis Valley
County Placer
STR Jurisdiction Placer County
APN 107020028000
Exterior & Lot
Lot Features On Golf Course, Cul-De-Sac
View Panoramic, Mountain(s), Golf Course, Ski Resort
📊

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% ($350,000)
Home price
$1,750,000
Loan details
30-yr fixed, 6.5%
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