$1,995,000 Pending
11936 Cavern 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
·
3.5 Baths
·
2,541 Sq Ft

About This Property

Set against hundreds of acres of undeveloped land, this Donner Crest home offers modern mountain living with a great sense of privacy and connection to the outdoors. Completed in 2021, this custom-built home still feels brand new and has been exceptionally well cared for. The single-level floor plan features four bedrooms and three and a half bathrooms with a comfortable open layout. The home has a warm, modern feel with alder doors, large wood casement windows and wide-plank white oak floors. The kitchen and bathrooms feature beautiful slab quartzite, and AC for our warm summer nights. Outdoor living is easy here, with 584 square feet of decking across the front and back of the home. The back deck has a fire pit, built in BBQ, is pre-wired for a spa and looks out toward the surrounding open space. The oversized 892-square-foot garage offers plenty of room for all of your Tahoe gear. Located just up the street from the paved Trout Creek Trail, you can easily ride into downtown to enjoy all things Truckee.

Listed by Kristi Hood — COMPASS

Listing Details

Status Pending
MLS # 20261802
Days on Market 9
Sold Date 2026-09-10
Price/Sq Ft $785

Property History

Aug 28, 2026
Listed for sale
$1,995,000
Sep 01, 2026
Pending
$1,995,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Jul 2020 · county record $170,000 Deed record — brokerage sides not reported

MLS closed sales, with duplicate ingestions collapsed and lease records excluded, so each row is a distinct transaction. Rows marked county record come from the assessor's deed data, which reaches back further than the MLS feed; rows marked via a listing site fill the years the feed misses using that site's public sale record.

Property Overview
Beds 4
Baths 3.5
Sq. Ft. 2,541
Lot Size 0.30 acres
Year Built 2021
Property Type Single Family Residence
Style Mountain
Subdivision Truckee
County Nevada
STR Jurisdiction Town of Truckee
APN 01803104000
Parking
Garage Spaces 2
Parking Features Two, Attached, Oversized
Attached Garage Yes
Exterior & Lot
Lot Features Greenbelt
View Trees/Woods
Construction Frame
Roof Composition
Utilities & Systems
Heating Natural Gas
Financial
HOA Fee $95 / Monthly
📊

STR Investment Analysis

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

STR Investment Analysis

Red Zone
STRUCTURAL SCORE Premium
72
PROJECTED GROSS ANNUAL REVENUE
$50K – $90K typically ~$70,000
~$5,833 per month
Avg Nightly
$400
Occupancy
48%
Cap Rate
1.4%

STR Investment Summary — 11936 Cavern Way, Truckee

No revenue projection. Short-term rental permits are not currently obtainable here — the local jurisdiction has reached its permit cap or is waitlisting all new applications.
Est. Gross Annual Revenue
$50K – $90K
typically ~$70,000
Avg Nightly Rate
$400
Projected Occupancy
47.9%
Cap Rate
1.4%
Structural Score: 72 / 100 (Premium) · 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% ($399,000)
Home price
$1,995,000
Loan details
30-yr fixed, 6.5%
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