12811 Sierra Drive, Truckee, California

About 12811 Sierra Drive

Ready-to-Build Lot Near Donner Lake - Live, Rent, Build Wealth Rare opportunity to own a ready-to-build lot in an established Truckee neighborhood just half a mile from Donner Lake and Donner Memorial State Park. Approved plans for a single-family home plus two permitted ADUs provide exceptional flexibility for multigenerational living or rental income. Save more than a year of planning and approvals—design, surveys, and utilities are already in place. Build all or part of the plans now, or phase construction over time. This rare offering includes plans for a single-family residence plus TWO permitted ADUs, opening the door to multiple income scenarios from day one. Live in one, rent the others. Or rent all three and let the property work for you. Investment Insight: Potential for positive cash flow from the start Flexible mix of short-term or long-term rentals Build one phase now, use rental income to fund the rest. Whether you're an investor, a second-home buyer seeking passive income, or planning for multigenerational living, this property puts you in the driver’s seat—with stunning lake views as your backdrop.

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