Lake Tahoe Investment - 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, 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. 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. 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. Yes, you’ll hear a bit of I-80 “white noise,” but the unmatched convenience and accessibility far outweigh the hum.
|
DAYS ON MARKET
|
2
|
LAST UPDATED
|
4/26/2025
|
|
TRACT
|
Not Listed
|
YEAR BUILT
|
1963
|
|
COUNTY
|
Nevada
|
STATUS
|
Active
|
|
PROPERTY TYPE(S)
|
Single Family
|
|
|
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Washer |
| GARAGE |
Off Street, RV Access/Parking |
| HEAT |
Forced Air |
| LOT |
0.26 acre(s) |
| LOT DESCRIPTION |
Back Yard, Sloped Down, Yard |
| PARKING |
Off Street,RV Access/Parking |
| POOL DESCRIPTION |
None |
| SUBDIVISION |
Not Listed |
We respect your online privacy and will never spam you. By submitting this form with your telephone number
you are consenting for Ben
Salem to contact you even if your name is on a Federal or State
"Do not call List".
Listed with Dudum Real Estate Group
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 4/27/25 2:24 PM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
This IDX solution is (c) Diverse Solutions 2025.
Save favorite listings, searches, and get the latest alerts
Save your favorite listings, searches, and receive the latest listing alerts
Twitter
Facebook
Email