$3,200,000 Pending
11111 Henness 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.
4 Beds
·
4.5 Baths
·
3,280 Sq Ft
Virtual Tour

About This Property

Fresh modern architectural design meets single-story convenience in this mountain residence set in the heart of Gray’s Crossing. This light-filled home is designed for effortless living and a seamless indoor-outdoor connection. The open-concept great room features soaring ceilings, warm wood accents, and expansive glass that frames serene forest views. At the center of the home, the chef’s kitchen comes outfitted with a premium appliance package, a massive island, custom cabinetry, a walk-in pantry, and marble accents throughout. A thoughtful multi-suite floor plan provides generous guest accommodations alongside a dedicated home office and a flexible secondary media space. The private primary retreat offers a tranquil sanctuary complete with a living area, direct patio access, and a spa-inspired bath with custom tilework, a deep soaking tub and heated floors. Outdoors, dual living zones with a built-in fireplace and grill allow you to follow the sun and entertain comfortably in any season. Complete with an oversized heated garage for all your mountain gear, this property sits just steps from miles of paved trails, PJ’s Restaurant, the championship golf course, fitness center, and pool, all while remaining minutes from historic downtown Truckee and world-class skiing. Matterport 3D Tour available: https://my.matterport.com/show/?m=bhGG2KEPJwd&brand=0

Listed by Liza Killen — Tahoe Mountain Realty

Listing Details

Status Pending
MLS # 20261761
Sold Date 2026-09-21
Price/Sq Ft $976

Property History

Aug 23, 2026
Listed for sale
$3,200,000
Current
Pending
$3,200,000
Property Overview
Beds 4
Baths 4.5
Sq. Ft. 3,280
Lot Size 0.40 acres
Year Built 2026
Property Type Single Family Residence
Style Modern
Subdivision Truckee
County Nevada
STR Jurisdiction Town of Truckee
APN 019780019000
Parking
Garage Spaces 2
Parking Features Two, Attached, Heated Garage
Attached Garage Yes
Exterior & Lot
Lot Features Street, Landscaped
View Filtered
Construction Frame
Roof Composition, Metal
Foundation Slab
Utilities & Systems
Heating CFAH, In Floor
Cooling Air Conditioning
HOA & Community
Community Amenities Pool, Exercise Equipment
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STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Red Zone
STRUCTURAL SCORE Luxury
75
PROJECTED GROSS ANNUAL REVENUE
$89K – $171K typically ~$122,382
~$10,198 per month
Avg Nightly
$1046
Occupancy
32%
Cap Rate
1.5%

STR Investment Summary — 11111 Henness Road, Truckee

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
$89K – $171K
typically ~$122,382
Avg Nightly Rate
$1046
Projected Occupancy
32.0%
Cap Rate
1.5%
Structural Score: 75 / 100 (Luxury) · 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
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% ($640,000)
Home price
$3,200,000
Loan details
30-yr fixed, 6.5%
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