$1,675,000
$220K PRICE DROP

Estimated payment $9,558/month

Total Views 4,055
4 Beds
2 Baths
2,076 Sq Ft
$807 Price per Sq Ft

About This Home

Historic Downtown Truckee home is now available with many options - including the possibility of making it riverfront property - at a newly reduced price. This home, with an ADU, is being offered with a right of first refusal on the lot behind the property that goes all the way to the river's edge. This offers development options - build another residence on the river's edge, commercial space or just landscape to be a private riverfront retreat. We have examples of what the backyard could look like from a very similar property. The fully remodeled home is ideally located in the heart of Truckee. This historical property offers a rare opportunity to own a piece of local history while enjoying modern comfort and flexibility. Located at the core of one of America’s top-ranked ski towns, you’re just minutes from world-class resorts and year-round outdoor adventure. Zoned with the highly desirable DMU (Downtown Mixed Use) designation, this versatile multi-family property features two distinct living units, but could easily live as one single family home, plus the potential for private office space or a large mudroom. A perfect spot for seeking a live/work lifestyle or rental income opportunity. It could be commercial space or a combo of both. So many options. The lower level includes two bedrooms, a spacious living room, and a generously sized kitchen with a dedicated dining area. Just off the kitchen, a convenient BBQ deck makes outdoor dining effortless. The main bedroom offers the option to incorporate a full walk-in closet with direct access to an adjoining office space. Upstairs offers multiple options as well. With a fully appointed kitchen it could live as a two bedroom or a single with a spacious living room. The future owner could add a garage too. So much versatility. Whether you're soaking in starlit evenings or lounging in the summer sun, the expansive outdoor space is ideal for gathering with friends and family. Inside, the home shines with a completely remodeled custom kitchen featuring striking blue cabinetry, a matching backsplash, soft-close drawers, quartz countertops, and premium LG appliances—offering plenty of room for multiple cooks to enjoy. The bathroom is equally refined, showcasing a double vanity and a stylish bubble light fixture as a standout design element. Additional highlights include laundry hookups in both living areas and a second front entrance that creates flexibility for a private office or functional mudroom - perfect for an active mountain lifestyle with the perk of being downtown Truckee. This unique property invites you to imagine and create a living space tailored to your needs, all within one of the Sierra’s most sought-after downtown settings. This historical home qualifies for the Mills Act which allows for significant reduction in property taxes. Downtown living, especially on the river which this could be, is this best!

Listing Agent

Doug Flynn

Tahoe Truckee Homes Inc License #01850150 Listed on: 04/22/2026

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1881

Lot Details

  • Level Lot
  • Zoning described as DMU

Home Design

  • Frame Construction
  • Metal Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,076 Sq Ft Home
  • Furniture Can Be Negotiated
  • Mud Room
  • Laundry in Hall

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Utility District

Community Details

  • Truckee Subdivision

Home Details

Home Type

Single Family

Year Built

Built in 1881

Lot Details

0 Sq Ft Lot

Listing Details

  • Topography: Level
  • Year Built: 1881
  • Sewer: Utility District
  • Property Condition: Like New
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Co List Office Mls Id: TTH01
  • Subdivision Name: Truckee
  • Special Features: VirtualTour

Interior Features

  • Heating: Electric, CFAH
  • Appliances: Range, Oven, Microwave, Disposal, Dishwasher, Refrigerator
  • Furnished: Negotiable
  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • View: Downtown
  • Roof: Metal
  • Construction Type: Frame
  • Foundation Details: Concrete Perimeter

Utilities

  • Laundry Features: In Hall
  • Water Source: Utility District

Lot Info

  • Land Lease Expiration Date: 2026-09-30
  • Zoning Description: DMU

Green Features

Multi Family

Tax Info

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 -- $249,813 $74,944 $174,869
2025 $4,444 $249,691 $74,907 $174,784
2024 $4,765 $220,637 $66,191 $154,446
2023 $4,765 $300,426 $90,128 $210,298
2022 $4,653 $301,174 $90,352 $210,822
2021 $4,208 $281,149 $60,088 $221,061
2020 $9,074 $732,000 $200,000 $532,000
2019 $1,644 $61,433 $7,420 $54,013
2018 $1,275 $60,229 $7,275 $52,954
2017 $1,202 $59,049 $7,133 $51,916
2016 $1,176 $57,893 $6,994 $50,899
2015 $1,195 $57,024 $6,889 $50,135
2014 -- $55,908 $6,755 $49,153
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/19/2026 08/19/26 Price Changed $1,675,000 -32.9% $807 / Sq Ft
08/07/2026 08/07/26 Price Changed $2,495,000 +31.7% $1,202 / Sq Ft
04/22/2026 04/22/26 For Sale $1,895,000 -- $913 / Sq Ft
Source: Tahoe Sierra Board of REALTORS®

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Grant Deed -- First American Title
Grant Deed -- First American Title
Grant Deed -- None Listed On Document
Grant Deed $1,261,000 First American Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $255,614 No Value Available
Source: Public Records

Source: Tahoe Sierra Board of REALTORS®

MLS Number: 20260614

Tahoe Sierra Board of REALTORS®

APN: 019-151-028-000

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