$2,835,000 Active
10789 Labelle Court
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.
4 Beds
·
3.5 Baths
·
3,691 Sq Ft
Virtual Tour

About This Property

Gorgeous mountain modern retreat set in a private cul-de-sac location within Gray’s Crossing, offering distant views to Northstar. Spacious, light-filled interiors feature tall ceilings, expansive windows, and wide-plank light oak floors that create a calm, inviting atmosphere. The open great room is anchored by a dramatic yet warm fireplace with rolled steel accents and a granite hearth, perfectly balancing mountain views. Two primary suites are conveniently located on the main level, both with heated bath floors and direct access to a generous, mostly covered deck ideal for year-round enjoyment. Thoughtful additions include a custom bunk alcove with four beds, a dedicated gear room with exterior access—ideal for all your Tahoe toys—and a separate media room that opens to a large back patio. Upper living spaces enjoy seamless indoor-outdoor living with expansive decking. Ownership includes access to the Gray’s Crossing Club, featuring a private pool, fitness center, cold plunge, sauna, and hot tubs. Just minutes to downtown Truckee, world-class ski resorts, championship golf and miles of trails.

Listed by Liza Killen — Tahoe Mountain Realty

Listing Details

Status Active
MLS # 20260189
Days on Market 143
Price/Sq Ft $768

Property History

Feb 12, 2026
Listed for sale
$2,835,000
Property Overview
Beds 4
Baths 3.5
Sq. Ft. 3,691
Lot Size 0.42 acres
Year Built 2014
Property Type Single Family Residence
Style Modern
Subdivision Truckee
County Nevada
STR Jurisdiction Town of Truckee
APN 019780010000
Parking
Garage Spaces 2
Parking Features Two, Attached
Attached Garage Yes
Exterior & Lot
Lot Features Street, Cul-De-Sac
View Filtered, Mountain(s)
Construction Frame
Roof Composition, Metal
Foundation Concrete Perimeter
Utilities & Systems
Heating CFAH
Financial
HOA Fee $95 / Monthly
HOA & Community
Community Amenities Pool, Exercise Equipment
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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 — 10789 Labelle Court, Truckee

Est. Annual Revenue
$76,072
Avg Nightly Rate
$435
Projected Occupancy
47.9%
Cap Rate
1.1%
Structural Score: 62 / 100 (Premium) · 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% ($567,000)
Home price
$2,835,000
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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