12255 Sierra Dr, Truckee, CA 96161 - Berkshire Hathaway HomeServices California Properties

12255 Sierra Dr, Truckee, CA 96161

$1,050,000 Approx. USD 6 beds, 3 baths
2,535 sqft

  VIRTUAL TOUR Reduced by $18,000 on 5/30/2025

Listing Agent


Kristen Pepin | kristen@lovelivetahoe.com
Lic#: 02115202
Broker: Courtesy of Dudum Real Estate Group

Agent Remarks

PRICE IMPROVEMENT! The Most Affordable Home on the market in Truckee based on price per square foot just got even better!! Multi-family - Lake Tahoe Investment - Two Properties, One Price – Income + Lifestyle in the Heart of Truckee Welcome to a rare opportunity in Truckee’s highly sought-after Armstrong Tract — a distinctive property that offers not just a home, but a lifestyle investment. With two parcels included—a spacious, character-filled residence plus a buildable lot next door—this is your chance to live, rent, build all at once. Whether you’re an investor eyeing strong cash flow, a first-time buyer looking for flexibility, ski rental or a multi-generational household seeking space and privacy, this property delivers across the board. It's also a smart choice for employee housing, with multiple rental-ready setups and immediate income potential. Current rental income exceeds $7K per month. Eligible for the Lease to Locals program, offering extra income right out of the gate. And with a price of just $421 per square foot, it’s one of the best values in the area. Situated at a lower elevation, this home is just minutes from Donner Lake, I-80, shopping, dining, World Renowned Ski Resorts, Tahoe Donner trail access and downtown Truckee.

Listing Details

Property type: Single Family Residence (Single Family)
Status: Active
MLS# 41095125
List price is $1,050,000 Reduced by $18,000 on 5/30/2025
Price: $1,050,000
Beds: 6
Baths: 3 (3 full)
None fireplaces
Built in 1963
2,535 sqft
0.26 acres
Lot size: 0.2600
Subdivision: Not Listed
County: Nevada
Appliances: Washer
Parking description: Off Street,RV Access/Parking
Lot description: Back Yard,Sloped Down,Yard
Heating description: Forced Air

Last Updated: 5/30/2025

 Days On Market (DOM): 36

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Lat/Long: 39.326259, -120.226195.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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