$2,835,000
10789 Labelle Court
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
·
3,691 Sq Ft
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About This Property

Gorgeous mountain modern retreat set in a private cul-de-sac location within Gray’s Crossing, offering distant views to Northstar. Spacious, light-filled interiors feature tall ceilings, expansive windows, and wide-plank light oak floors that create a calm, inviting atmosphere. The open great room is anchored by a dramatic yet warm fireplace with rolled steel accents and a granite hearth, perfectly balancing mountain views. Two primary suites are conveniently located on the main level, both with heated bath floors and direct access to a generous, mostly covered deck ideal for year-round enjoyment. Thoughtful additions include a custom bunk alcove with four beds, a dedicated gear room with exterior access—ideal for all your Tahoe toys—and a separate media room that opens to a large back patio. Upper living spaces enjoy seamless indoor-outdoor living with expansive decking. An adjacent privacy lot is available for purchase. Ownership includes access to the Gray’s Crossing Club, featuring a private pool, fitness center, cold plunge, sauna, and hot tubs. Just minutes to downtown Truckee, world-class ski resorts, championship golf and miles of trails.

Listed by Liza Killen — Tahoe Mountain Realty

Listing Details

Status Active
MLS # 20260189
Days on Market 49
Price/Sq Ft $768

Property History

Feb 12, 2026
Listed for sale
$2,835,000
Property Overview
Beds 4
Baths 3.5
Sq. Ft. 3,691
Lot Size 0.42 acres
Stories 2
Year Built 2014
Property Type Single Family Residence
Style Modern
Subdivision Truckee
County Nevada
STR Jurisdiction Town of Truckee
APN 019-780-010-000
Parking
Parking Features Two
Exterior & Lot
Exterior Features Pantry,High Ceilings
Lot Features Downslope,Cul-de-sac
View Filtered,Mountain
Construction Framed
Roof Composition,Metal
Foundation Perim Concrete
Utilities & Systems
Heating CFAH
Financial
HOA Fee $95
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

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 — 10789 Labelle Court, Truckee

Est. Annual Revenue
$91,286
Avg Nightly Rate
$917
Projected Occupancy
27.1%
Cap Rate
1.3%
Structural Score: 62 / 100 (Premium) · STR Zone: Green

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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($567,000)
Home price
$2,835,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Real Estate Agent
License #CA 02235314

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