$260,000 Active
12388 Falcon Point Place
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.
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About This Property

Build your dream mountain retreat on one of Tahoe Donner’s most sought-after streets. This southeast-facing homesite offers convenient access to miles of scenic trails for hiking, biking, and cross-country skiing, along with all the amenities that make Tahoe Donner living so desirable. Just minutes away, the Trout Creek Recreation Center features a state-of-the-art fitness facility with a full gym, daily classes, lap and recreation pools, hot tubs, and a sauna. As a Tahoe Donner property owner, you’ll enjoy access to exceptional amenities including a private beach club, tennis center, downhill and cross-country skiing, an 18-hole championship golf course, and an equestrian center. Don’t miss this rare opportunity to own a buildable lot in the heart of one of Truckee’s most coveted communities.

Listed by Derek Moore — Home and Slate Real Estate

Listing Details

Status Active
MLS # 20260651
Days on Market 38

Property History

Apr 28, 2026
Listed for sale
$260,000
Property Overview
Lot Size 0.40 acres
Property Type Single Family Residence
Subdivision Tahoe Donner
County Nevada
STR Jurisdiction Town of Truckee
APN 045-640-002-000
Exterior & Lot
Lot Features Upslope
View Wooded
HOA & Community
Community Amenities BEACH ACCESS,POOL,TENNIS COURTS,GOLF,EQUESTRIAN CENTER,CROSS COUNTRY SKIING,DOWN HILL SKIING,EXERCISE EQUIPMENT,BOAT RAMP
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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 — 12388 Falcon Point Place, Truckee

Est. Annual Revenue
$51,948
Avg Nightly Rate
$405
Projected Occupancy
37.7%
Cap Rate
8.0%
Structural Score: 42 / 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% ($52,000)
Home price
$260,000
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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