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Listed by Kristen Pepin • Dudum Real Estate Group

$1,050,000

Est. payment - /mo

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6 Beds

3 Baths

2,535 SqFt

Price Dropped by $18K

12255 Sierra Dr Truckee, CA 96161

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Michelle Rico

michellerico@epique.me +1(831) 406-2859

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Key Details

Property Type Single Family Home

Sub Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 2,535 sqft

Price per Sqft $414

MLS Listing ID CC41095125

Style Other

Bedrooms 6

Full Baths 3

Year Built 1963

Lot Size 0.260 Acres

Property Sub-Type Single Family Home

Source Contra Costa Association of Realtors

Property Description

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.

Location

State CA

County Nevada

Area Other Area

Rooms

Kitchen Countertop - Solid Surface / Corian, Dishwasher, Garbage Disposal, Microwave, Oven Range - Gas, Refrigerator, Updated

Interior

Heating Forced Air

Cooling Ceiling Fan

Flooring Vinyl, Carpet - Wall to Wall, Hardwood

Fireplaces Type None

Laundry In Laundry Room, Washer

Exterior

Parking Features No Garage, Off-Street Parking, Parking Area, RV/Boat Parking

Pool Pool - No, None

Roof Type Metal

Building

Lot Description Grade - Sloped Down

Story Three or More Stories

Foundation Crawl Space

Water Public

Architectural Style Other

Others

Tax ID 018-540-035000

Special Listing Condition Not Applicable

Virtual Tour https://www.youtube.com/watch?v=nUW1rIjidfw

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Michelle Rico

Agent | DRE# DRE# 02210817

+1(831) 406-2859

12255 Sierra Dr Truckee, CA 96161

Michelle Rico

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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12255 Sierra Dr