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    000 Rue Hilltop Truckee, CA 96161

    Sponsored
    For Sale
    $9,950,000

    Prime Truckee development land, mixed-use zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 41.16-acre parcel presents a unique opportunity for development in the heart of historic Truckee, California (zip code 96161). Located directly above Truckee's Commercial Row and the Truckee River, this property boasts a prime location within a master-planned community, approved after extensive town and public review. The "Downtown Mixed Use" (DMU) zoning allows for a diverse range of development options. A significant portion is designated for residential use, encompassing a large multi-family complex, along with separate areas for multi-family residential (MFR) and single-family residential (SFR) development. The commercial zoning component permits substantial commercial development, potentially including bonus commercial footage, mirroring the nearby Hilltop cabins. Furthermore, the site includes a designated area for a 60-room hotel. This offering represents one of only two master-planned communities in Truckee, with the other, The Railyard project, currently under construction. The property's APN is 19-300-084/089, and it's offered at $9,950,000. Note that the Cottonwood building complex (1.96 acres) is excluded from this sale. This is a rare chance to acquire a large, strategically located parcel in a thriving California mountain town. The property is owned by JAR-HILLTOP.

    Property Features for 000 Rue Hilltop

    General Information

    Property type
    Land
    Lot Size
    1,792,930 SF

    HighLights

    • 41.16‑acre development parcel in Truckee, CA (96161).
    • Prime location above Truckee's Commercial Row and Truckee River, within a master‑planned community.
    • Downtown Mixed Use (DMU) zoning allows for residential (multi‑family, MFR, SFR) and substantial commercial development, including a potential 60‑room hotel.
    • APN 19‑300‑084/089; Offered at $9,950,000. Excludes 1.96‑acre Cottonwood building complex.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Truckee
    County
    Nevada
    State
    California
    Longitude
    -120.18207143665
    Latitude
    39.324942828049

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    FAQs

    What type of property is this?
    Land - Prime Truckee development land, mixed-use zoning.
    Where is this land located?
    The property is located at 000 Rue Hilltop Truckee, CA.
    What is the asking price?
    The asking price for this property is $9,950,000.
    What are key features of this property?
    This property features: 41.16-acre development parcel in Truckee, CA (96161).; Prime location above Truckee's Commercial Row and Truckee River, within a master-planned community.; Downtown Mixed Use (DMU) zoning allows for residential (multi-family, MFR, SFR) and substantial commercial development, including a potential 60-room hotel.
    Request Owner's contact information
    000 Rue Hilltop Truckee, CA 96161
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    Truckee, CA 96161
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    000 Rue Hilltop Truckee, CA 96161
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