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Jason Born

jason@bornre.com +1(650) 918-7048

$1,068,000

Est. payment - /mo

6 Beds

3 Baths

2,535 SqFt

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Thu May 01, 9:00am - 12:00pm

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,535 sqft

Price per Sqft $421

Subdivision Not Listed

MLS Listing ID 41095125

Bedrooms 6

Full Baths 3

HOA Y/N No

Year Built 1963

Lot Size 0.260 Acres

Property Sub-Type Single Family Residence

Property Description

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.

Location

State CA

County Nevada

Interior

Heating Forced Air

Flooring Carpet, Vinyl, Wood

Fireplaces Type None

Fireplace No

Appliance Washer

Exterior

Parking Features Off Street, RV Access/Parking

Pool None

Roof Type Metal

Attached Garage No

Private Pool No

Building

Lot Description Back Yard, Sloped Down, Yard

Story Three Or More

Entry Level Three Or More

Level or Stories Three Or More

New Construction No

Others

Tax ID 018540035000

Acceptable Financing Cash, Conventional, 1031 Exchange, FHA

Listing Terms Cash, Conventional, 1031 Exchange, FHA

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Listed by Kristen Pepin • Dudum Real Estate Group

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Jason Born

Broker | License ID: 02002900

+1(650) 918-7048

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12255 Sierra Dr Truckee, CA 96161

Jason Born

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Key Details

Location

Interior

Exterior

Building

Others

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12255 Sierra Dr