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.
Here's a smart investment opportunity for long-term value at a price that stands out among recent two-bedroom home sales in the area. Extensively remodeled and privately set back from the street, this move-in-ready 2-bedroom, 2-bath mountain home combines Donner Lake views, thoughtful upgrades, and exceptional future potential. The light-filled interior has been extensively refreshed with an updated kitchen and appliances, renovated bathrooms, new windows, flooring, and interior doors. Beyond the home itself, the property offers meaningful upside. The flat, usable lot includes previously approved plans for a 536-square-foot two-car garage with a one-bedroom ADU above, complete with a kitchen, full bathroom, and living area. Approximately 428 square feet of additional coverage may also be available, offering flexibility to pursue an expanded design, subject to Town approval. Whether you're looking for a full-time residence, a weekend mountain retreat, or an investment property for seasonal rentals, 13620 Donner Pass Road offers a rare combination of immediate enjoyment and future potential. Conveniently located near Sugar Bowl Ski Resort, miles of hiking and biking trails, and local dining, this property delivers both lifestyle and long-term value.
Listed by Justin Swett — Tahoe Mountain Realty
Listing Details
StatusActive
MLS #20260530
Days on Market133
Price/Sq Ft$688
Property History
Apr 10, 2026
Listed for sale
$765,000
Sale History
· changed hands 1×
Sold
Price
Listing agent (sell side)
Buyer agent (buy side)
Dec 2024
$765,000
Fancy RutherfordTahoe Mountain Realty
Justin SwettTahoe Mountain Realty
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.
See projected rental revenue, occupancy rates, and investment scores.
STR Investment Analysis
Red Zone
STRUCTURAL SCOREPremium
65
PROJECTED GROSS ANNUAL REVENUE
$21K – $49Ktypically ~$34,226
~$2,852 per month
Avg Nightly
$178
Occupancy
53%
Cap Rate
1.8%
STR Investment Analysis
STRUCTURAL SCORE
PROJECTED GROSS ANNUAL REVENUE
Avg Nightly
Occupancy
Cap Rate
Est. NOI
Net Operating Income = annual gross rental revenue minus operating expenses (cleaning, property management, taxes, insurance, HOA, utilities, maintenance, supplies) — but before mortgage payments.
We estimate it as NOI = Projected Annual Revenue × 40%, assuming ~60% of gross goes to operating expenses on a typical Tahoe STR.
NOI feeds the cap rate below: Cap Rate = NOI ÷ List Price.
Legal Occupancy
MONTHLY REVENUE
AVERAGE DAILY RATE
ADJUSTED OCCUPANCY
Estimates based on 2024-2025 comparable rental performance. Actual results vary.
No revenue projection. Short-term rental permits are not currently available here — the local cap is reached and the waitlist is closed.
Est. Gross Annual Revenue
$21K – $49K
typically ~$34,226
Avg Nightly Rate
$178
Projected Occupancy
52.7%
Cap Rate
1.8%
Structural Score: 65 / 100 (Premium)
· STR Zone: Red
Based on comparable vacation rental performance data for Truckee. Gross of management, cleaning and platform fees. Assumes full-year availability, professional management and dynamic pricing; owner use reduces it. 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
Using estimated land ratio. Actual ratio may vary based on county assessment.
Land Value
$0
Improvement Basis
$0
5-Year Property (18%)
$0
15-Year Property (10%)
$0
How Cost Segregation Works:
Cost segregation reclassifies building components into shorter depreciation categories, allowing accelerated deductions.
Calculation:
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.
