$9,000 $18,000 ↓ $9,000 reduced Active Partial Ownership
Heads up: This listing is a partial ownership / fractional share — you would be buying a share of the property (not the whole home). Carefully review the listing details and any ownership documents before making an offer.
12359 Lookout Loop #F12-22
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.
3 Beds
·
3.5 Baths
·
2,470 Sq Ft
Virtual Tour

About This Property

Experience the charm of this beautifully updated 3-bedroom cabin in Old Greenwood, thoughtfully designed for comfort and flexibility. The home features a versatile office with a built-in Murphy bed, ideal for accommodating additional guests. This 1/17th shared ownership includes a highly desirable primary week—Week 22 (May 30–June 5)—along with additional floating weeks for added convenience and use throughout the year. As an owner, you’ll enjoy exclusive membership in the Tahoe Mountain Club, offering access to two championship golf courses, a private shuttle to Northstar, an owners-only Village lounge, and a members-only on-mountain restaurant. Additional benefits include independent guest check-in and access to the Space Available program, allowing easy booking of Flex, mid-week, and last-minute stays.

Listed by Justin Swett — Tahoe Mountain Realty

Listing Details

Status Active
MLS # 20251640
Days on Market 372
Price/Sq Ft $4

Property History

Jul 17, 2025
Listed for sale
$9,000
Jul 15, 2026
Price changed
$9,000
Property Overview
Beds 3
Baths 3.5
Sq. Ft. 2,470
Property Type Timeshare
Style Mountain
Subdivision Truckee
County Nevada
STR Jurisdiction Town of Truckee
APN 930021122
Parking
Garage Spaces 2
Parking Features Two, Attached
Attached Garage Yes
Exterior & Lot
Lot Features On Golf Course
View Mountain(s), Golf Course
Financial
HOA Fee $2,307 / Quarterly
HOA & Community
Community Amenities Pool, Tennis Court(s), Golf Course, Cross Country Skiing, Down Hill Skiing, Exercise Equipment, Other/See Remarks
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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%

STR Investment Summary — 12359 Lookout Loop #F12-22, Truckee

Est. Annual Revenue
$48,189
Avg Nightly Rate
$254
Projected Occupancy
52.0%
Cap Rate
214.2%
Structural Score: 52 / 100 (Standard) · STR Zone: Red

Based on comparable vacation rental performance data for Truckee. Revenue projections are estimates and may vary.

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% ($1,800)
Home price
$9,000
Loan details
30-yr fixed, 6.5%
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