12255 Sierra Dr E Truckee, CA 96161
Estimated payment $5,928/month
Highlights
- City View
- Truckee Elementary School Rated A-
- Mountain Architecture
About This Home
Positioned in the desirable Armstrong Tract and moments from Highway 80, this fully leveraged income property offers convenience, flexibility, and strong rental potential. TART stops, downtown Truckee, Donner Lake, and multiple world-class ski resorts are all just minutes away—making it an ideal hub for both long-term tenants and short-term guests. The main home features 5 bedrooms and 2 bathrooms across three levels, thoughtfully configured to maximize revenue. Four bedrooms are rented on a monthly basis, providing steady income. The primary suite, located on the main floor with a private entrance, mud room, and ensuite bath, is operated as a nightly rental under an active Bed & Breakfast permit, adding an additional income stream. An attached but separate junior ADU enhances the property’s versatility with its own entrance, mud room, kitchenette, and ensuite—perfect for a long-term tenant, caretaker, or continued rental use. Sitting on a large lot that spans two parcels, the property also offers room for future expansion or potential development. Outdoor areas provide ample space for parking, gear storage, and gatherings under the pines. Whether you're an investor seeking multiple revenue streams, a buyer looking to offset ownership costs, or someone planning a flexible multi-use setup, this well-located Truckee property delivers standout opportunity.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1963
Lot Details
- 0.43 Acre Lot
- Lot Sloped Down
Parking
- Paved Parking
Property Views
- City
- Woods
- Mountain
Home Design
- Mountain Architecture
- Metal Roof
Utilities
- Heating System Uses Natural Gas
- Utility District
Community Details
- Truckee Community
Map
Tax History
| 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 |
|---|---|---|---|---|
| 2025 | $5,891 | $334,099 | $75,357 | $258,742 |
| 2024 | $4,912 | $327,549 | $73,880 | $253,669 |
| 2023 | $4,912 | $321,128 | $72,432 | $248,696 |
| 2022 | $4,725 | $314,832 | $71,012 | $243,820 |
| 2021 | $4,428 | $308,660 | $69,620 | $239,040 |
| 2020 | $4,387 | $305,496 | $68,907 | $236,589 |
| 2019 | $4,360 | $299,506 | $67,556 | $231,950 |
| 2018 | $3,989 | $293,634 | $66,232 | $227,402 |
| 2017 | $3,803 | $287,878 | $64,934 | $222,944 |
| 2016 | $3,736 | $282,234 | $63,661 | $218,573 |
| 2015 | $3,652 | $277,995 | $62,705 | $215,290 |
| 2014 | $3,652 | $272,550 | $61,477 | $211,073 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/03/2025 12/03/25 | For Sale | $1,050,000 | +250.0% | -- | |
| 06/01/2012 06/01/12 | Sold | $300,000 | -3.8% | $135 / Sq Ft | View Prior Sale |
| 04/26/2012 04/26/12 | Pending | -- | -- | -- | |
| 04/01/2012 04/01/12 | For Sale | $312,000 | -- | $140 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $291,000 | Fidelity Natl Title Co Of Ca | |
| Deed | -- | Fidelity National Title Comp | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $232,800 | New Conventional |
Source: Tahoe Sierra Board of REALTORS®
MLS Number: 20252540
APN: 018-540-035-000
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