$1,599,000 Active
15686 Waterloo Circle
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
·
3.0 Baths
·
3,543 Sq Ft

About This Property

Welcome to an exceptional Truckee mountain retreat where dramatic architecture, generous living spaces, and an incredible indoor-outdoor lifestyle come together in one of Glenshire’s most desirable locations. Set on a quiet cul-de-sac just a few hundred yards from Glenshire Pond, this expansive home is designed for both everyday family living and unforgettable gatherings. From the moment you enter, soaring vaulted knotty-pine ceilings, rich natural finishes, hardwood floors, abundant natural light, and a striking stone fireplace create a warm and inviting sense of scale. The open great room seamlessly connects the living, dining, and kitchen areas, making it the perfect setting for everything from cozy winter evenings to large family celebrations. The spacious kitchen features a generous center island, abundant cabinetry, ample counter space, double ovens, and an effortless connection to the dining and living spaces. Multiple doors open to an expansive wraparound deck, extending from the welcoming front porch with mountain views to the private backyard and creating exceptional indoor-outdoor flow. The backyard is truly an entertainer’s dream, featuring a spacious patio, landscaped yard, sport court, hot tub, private dry sauna, and multiple gathering areas—offering something for every season and every generation. The thoughtfully designed floor plan provides exceptional flexibility, including a luxurious private primary suite, additional spacious bedrooms, and a dramatic open loft overlooking the great room. The loft is ideal as a second family room, game room, media space, home office, or additional guest space, while the generous guest accommodations provide privacy and comfort for family and friends. Whether you're enjoying fall mornings at Glenshire Pond, gathering around the fire, relaxing in the hot tub after a day on the slopes, playing on the sport court, or simply enjoying the peaceful mountain setting from one of the home's many decks, this property embraces the best of the Truckee lifestyle. With easy access to Glenshire Pond, the private community pool and tennis courts, Glenshire Elementary, and the Legacy Trail connecting to the Truckee River and downtown Truckee, the location is as exceptional as the home itself. A rare combination of generous space, timeless mountain architecture, resort-style amenities, and seamless indoor-outdoor living, this is a true Glenshire retreat designed to be lived in, loved, and shared for generations.

Listed by Celia Klein — Engel & Volkers Truckee

Listing Details

Status Active
MLS # 20261807
Days on Market 7
Price/Sq Ft $451

Property History

Aug 29, 2026
Listed for sale
$1,599,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Sep 2019 · county record $946,000 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 3.0
Sq. Ft. 3,543
Lot Size 0.27 acres
Year Built 1996
Property Type Single Family Residence
Style Mountain
Subdivision Truckee
County Nevada
STR Jurisdiction Town of Truckee
APN 040450022
Parking
Garage Spaces 2
Parking Features Two, Attached
Attached Garage Yes
Exterior & Lot
Lot Features Street, Landscaped, Cul-De-Sac
View Mountain(s)
Construction Frame
Roof Composition
Foundation Concrete Perimeter
Utilities & Systems
Heating Natural Gas, CFAH, Radiant, In Floor
HOA & Community
Community Amenities Pool, Tennis Court(s)
📊

STR Investment Analysis

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

STR Investment Analysis

Red Zone
STRUCTURAL SCORE Premium
64
PROJECTED GROSS ANNUAL REVENUE
$45K – $90K typically ~$60,000
~$5,000 per month
Avg Nightly
$345
Occupancy
48%
Cap Rate
1.5%

STR Investment Summary — 15686 Waterloo Circle, 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
$45K – $90K
typically ~$60,000
Avg Nightly Rate
$345
Projected Occupancy
47.6%
Cap Rate
1.5%
Structural Score: 64 / 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% ($319,800)
Home price
$1,599,000
Loan details
30-yr fixed, 6.5%
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