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John Michael Fondnazio

laketahoe@teamfondnazio.com +1(530) 414-1475

$ 1,068,000

Est. payment | -/mo

5 Beds

3 Baths

2,535 SqFt

Save Video Tour

$ 1,068,000

Est. payment | -/mo

Save Video Tour

5 Beds

3 Baths

2,535 SqFt

OPEN HOUSE

Fri Apr 04, 4:00pm - 7:00pm

Sun Apr 06, 10:00am - 2:00pm

Key Details

Property Type Single Family Home

Sub Type Single Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,535 sqft

Price per Sqft $421

MLS Listing ID 20250460

Bedrooms 5

Year Built 1963

Lot Size 0.430 Acres

Acres 0.43

Property Sub-Type Single Family

Property Description

Two Properties, One Price – Versatile 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, and build all at once. Whether you're an investor eyeing strong cash flow, a first-time buyer looking for flexibility, 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. Key Features: 5 beds | 2 baths | 2,535 SF | .43 acres Bonus buildable lot included — maximize value and future potential Spiral staircase made from reclaimed materials adds one-of-a-kind charm Primary suite with en-suite can be locked off and is permitted as a Bed & Breakfast Junior ADU with separate entrance for added rental income or guest space Updated kitchens and bathrooms for modern comfort Deck is structurally ready for a hot tub Chicken coop + two storage sheds for sustainable, practical living & cheaper eggs! Ample parking and a layout that accommodates multiple uses Investment Insights: This property comes with a strong rental history and even stronger future potential. 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 — especially with a second buildable parcel included. Whether you're looking to house employees, generate short- or long-term rental income, develop a second home, or subsidize your mortgage payment the flexibility here is unmatched. Location Perks: Situated at a lower elevation, this home is just minutes from Donner Lake, I-80, shopping, dining, Tahoe Donner trail access and downtown Truckee. Yes, you'll hear a bit of I-80 “white noise,” but the unmatched convenience and accessibility far outweigh the hum. Live in it. Rent it. Build on it. From multi-generational living to employee housing to cash-flow-ready investment, this is one of those rare finds where lifestyle and opportunity meet. Schedule your showing today — opportunities like this don't last.

Location

State CA

County Nevada

Community Truckee

Area Armstrong Tract-8Nr

Interior

Heating Natural Gas, CFAH, Radiant, In Floor

Flooring Carpet, Wood, Tile, Mixed

Laundry Room

Exterior

Parking Features Boat Storage, RV Parking, Parking Pad

View Wooded, Mountain

Roof Type Metal

Topography Level,Downslope,Gentle

Building

Lot Description Street

Story 3

Foundation Perim Concrete

Sewer Utility District

Water Utility District

Listed by Kristen K Pepin • Dudum Real Estate Group, Inc

+1(530) 414-1475

laketahoe@teamfondnazio.com

6883 N Lake Blvd, Unit B, Vista, CA, 96148, United States

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12255 Sierra Drive Truckee, CA 96161