$1,488,000 Pending
11855 Hope Court #B
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
·
3,040 Sq Ft
Virtual Tour

About This Property

Nestled within Truckee's secret gem of a neighborhood, Pinyon Creek, this 4-bedroom, 3.5-bath mountain townhome offers an attractive balance of space, comfort, and access to the year-round recreation of our mountain town. Located on a sunny homesite with level access and an easy, flat driveway, the residence offers warm hardwood floors, soaring vaulted ceilings, and very generous living spaces. The great room is anchored by an attractive see-through fireplace with hearth and mantel between the bar area and living room. The floor plan features two spacious primary suites, including a desirable main-level primary with hardwood floors, while the upstairs suite offers additional privacy and comfort with its own vaulted ceiling presence. Of course there is a bunk room too! A generous living room and dining area flow into the well-appointed kitchen, complete with a large counter bar, wine fridge, and walk-in pantry — ideal for gathering with family and friends after any day of activity. The spacious dining room area offers room for a dining table as large as one's heart might desire. The east facing outdoor patio, with a fun doggy door fence, overlooking the meadow offers a private setting to enjoy your morning coffee and evenings. Pinyon Creek also offers the underappreciated benefit of underground utilities. Perfectly positioned in central Truckee, this retreat places you moments from the Legacy Trail for scenic walks and bike rides through Martis Valley, while downtown Truckee’s dining, shopping, and charm are just a short ride away. World-class ski resorts, championship golf, hiking, mountain biking, lakes, and endless summer recreation all surround you from this home.

Listed by Doug Flynn — Tahoe Truckee Homes Inc

Listing Details

Status Pending
MLS # 20261071
Days on Market 46
Sold Date 2026-07-27
Price/Sq Ft $489

Property History

Jun 04, 2026
Listed for sale
$1,488,000
Current
Pending
$1,488,000
Property Overview
Beds 4
Baths 3.5
Sq. Ft. 3,040
Year Built 2006
Property Type Residential
Style Mountain
Subdivision Truckee
County Nevada
STR Jurisdiction Town of Truckee
APN 019930007
Parking
Garage Spaces 2
Parking Features Two, Attached
Attached Garage Yes
Exterior & Lot
Lot Features Street, Landscaped
View Meadow
Roof Composition
Foundation Concrete Perimeter
Utilities & Systems
Heating Natural Gas, CFAH
Cooling Air Conditioning
Financial
HOA Fee $500 / Monthly
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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 — 11855 Hope Court #B, Truckee

Est. Annual Revenue
$73,117
Avg Nightly Rate
$418
Projected Occupancy
47.9%
Cap Rate
2.0%
Structural Score: 64 / 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% ($297,600)
Home price
$1,488,000
Loan details
30-yr fixed, 6.5%
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