$1,425,000 Active
11494 Alder Hill Road
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.

About This Property

Set within the prestigious, privately gated enclave of Alder Hill Estates, this extraordinary 19+ acre parcel presents a rare opportunity to craft a true legacy estate. This listing offers a fully developed schematic design for an elegant 4,000 sq. ft. mountain modern residence. A recent septic feasibility report, 3D topographic survey, geotechnical engineering, and engineered driveway plans will support a streamlined permitting and construction process. This hilltop property showcases sweeping 180-degree views, stretching from Stampede Reservoir in the north to the Sierra Crest in the south, with the Carson Range and Northstar framed in between. A newly drilled, high-capacity well producing over 50 gallons per minute ensures abundant water for both home and landscape. Beyond the vision for the home, the land itself invites limitless possibilities. Imagine a private mountain bike course, an outdoor fitness circuit, or tranquil trails winding through your own secluded forest. This 10-parcel community has been thoughtfully cared for through a proactive land grant, with trees and debris cleared to meet Cal Fire defensible space standards and is further enhanced by its own dedicated fire water reservoir and hydrants. Just minutes from downtown Truckee, this exclusive property offers unrivaled convenience with close access to world-class ski resorts, Alder Creek Middle School, the Truckee Rec Center, and a scenic bike path connecting to shopping and dining. Exceptional in both scale and setting, this property is a singular canvas for creating a mountain estate of enduring distinction.

Listed by Tori Long — Carr Long Real Estate

Listing Details

Status Active
MLS # 20260703
Days on Market 32

Property History

May 04, 2026
Listed for sale
$1,425,000
Property Overview
Lot Size 19.98 acres
Property Type Land
Subdivision Truckee
County Placer
STR Jurisdiction Town of Truckee
APN 19-390-46-000
Exterior & Lot
Exterior Features Zoned For Horses
Lot Features Level,Upslope,Gentle
View Panoramic,Wooded,Mountain
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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%

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% ($285,000)
Home price
$1,425,000
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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