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Entitled Multifamily Development Land
For Sale
$2,950,000

10011 Winter Creek Loop, Truckee, CA 96161

Land, Truckee, CA

Property SizeContact for details
Lot Size0.71 Acres
Days on Market47

Property Features for 10011 Winter Creek Loop

General Information

Property type Commercial Sale
Property subtype Other
Subdivision Truckee
Lot features Greenbelt
View City
Directions Turn into Winter Creek main entrance on Old Brockway, parcel on your left past entry.
Standard status Active
APN 019820001000
Lot size 0.71 Acres
Listing Agency: Real Broker, LLC
Listed By: David L Gove · License #02046737
Added: Sep 15 Changed: Oct 17 Last Checked: Oct 31 at 8:06PM
MLS# 20261957

Copyright © 2026 Tahoe Sierra Board of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This commercial land offering includes an approved multifamily development program for 40 units across nine buildings. The plan calls for four apartment buildings and six garage/carriage buildings with residences above, totaling 31,861 gross SF. The proposed unit mix includes 9 studios, 15 one-bedroom units, and 16 two-bedroom units, supported by 26 enclosed garage bays, carports, and surface parking.

Planning Commission approval is documented under Resolution 2024-08, with CEQA clearance and schematic design completed. The approval incorporates State Density Bonus Law provisions and waivers related to height, coverage, open space, and parking. Five residences are deed-restricted at 60% AMI in perpetuity, while 35 units are designated for unrestricted market-rate occupancy. Entitlements run with the land and are transferable. The property is near the Brockway Road corridor and Historic Downtown Truckee.

Key Highlights

  • 40‑unit multifamily development approval on commercial land
  • 31,861 gross SF planned across nine buildings
  • Unit mix includes 9 studios, 15 one‑bedrooms, and 16 two‑bedrooms

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick Big Box & Wholesale Store Storage Facility Pharmacy Dental Office (Bike/Boat/Book/etc) Store Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

517
Businesses Nearby

Demographics for 96161, CA

19,651
Population
18,558
Households
1.1
Avg Household Size
40
Median Age
60%
College-Educated
95%
High-School Grad
262.6 sq mi
ZIP Area
75
Density / Sq Mi
$128,535
Median Household Income
$71,281
Median Earnings
$2,104
Median Rent
$922,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Approved apartment development site with completed schematic design, transferable entitlements, and a planned mix of market-rate and income-restricted homes.
Where is this residential land & home lot located?
The property is located at 10011 Winter Creek Loop Truckee, CA.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: 40‑unit multifamily development approval on commercial land; 31,861 gross SF planned across nine buildings; Unit mix includes 9 studios, 15 one‑bedrooms, and 16 two‑bedrooms
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