$3,100,000 Pending
12824 Muhlebach Way
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
·
4.0 Baths
·
4,535 Sq Ft
Virtual Tour

About This Property

Nestled within a secluded wooded sanctuary, this majestic mountain retreat seamlessly marries rustic charm with exquisite craftsmanship. A masterful blend of stone, rich wood, and artisanal metal accents evokes timeless elegance throughout. Exclusively designed and perched on a private lot, the home invites you to unwind on expansive wrap-around decks that frame breathtaking, tranquil forest vistas. Step through a grand, dramatic entryway into a soaring cathedral-ceilinged great room, where the heart of the home commands attention—a striking floor-to-ceiling stone fireplace that radiates warmth and sophistication. For the culinary connoisseur, the gourmet kitchen is a masterpiece of both form and function, adorned with top-of-the-line finishes and complemented by a refined formal dining area and a sun-drenched breakfast nook. The main level offers an extraordinary primary suite retreat, a haven of privacy and luxury, alongside a serene guest suite designed for comfort and elegance. Below, the lower level unveils an entertainer’s dream: a spacious recreation room anchored by a second stately stone fireplace, accompanied by a well-appointed wet bar and refrigerator. Additional accommodations include a stylish guest bedroom with bath, plus a generous dorm-style room with private bath—ideal for welcoming family and friends in absolute comfort. Completing this distinguished estate is a detached garage featuring abundant storage below, perfectly blending practicality with grandeur. This unparalleled mountain refuge promises an exquisite lifestyle where nature’s beauty meets refined living.

Listed by Barbara Wilkinson — Dickson Realty

Listing Details

Status Pending
MLS # 20260811
Days on Market 52
Sold Date 2026-07-31
Price/Sq Ft $684

Property History

May 14, 2026
Listed for sale
$3,100,000
Current
Pending
$3,100,000
Property Overview
Beds 4
Baths 4.0
Sq. Ft. 4,535
Lot Size 0.47 acres
Year Built 2006
Property Type Single Family Residence
Style Mountain
Subdivision Tahoe Donner
County Placer
STR Jurisdiction Town of Truckee
APN 045550013
Parking
Garage Spaces 2
Parking Features Two, Detached, Insulated, Oversized, Parking Pad
Attached Garage Yes
Exterior & Lot
Lot Features Greenbelt, Landscaped
View Trees/Woods
Construction Frame, Masonry, Log, Wood Siding, Steel Siding
Roof Composition
Foundation Concrete Perimeter
Utilities & Systems
Heating Natural Gas, Hydronic, Radiant
Financial
HOA Fee $3,621 / Annually
HOA & Community
Community Amenities Beach Access, Pool, Tennis Court(s), Golf Course, 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 — 12824 Muhlebach Way, Truckee

Est. Annual Revenue
$118,872
Avg Nightly Rate
$1016
Projected Occupancy
32.0%
Cap Rate
1.5%
Structural Score: 76 / 100 (Luxury) · 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% ($620,000)
Home price
$3,100,000
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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