$1,250,000

Set on a hillside overlooking historic Old Town Truckee with mountain views, this remarkable residence, built circa 1880, is the last of Truckee’s grand mansions on the east side of Trout Creek. The home offers the potential for five bedrooms when restored, presenting a rare opportunity to preserve and bring new life to an extraordinary piece of Truckee’s history. Built by the Graham family, this once-glorious home is ready for a new owner with vision to continue restoring it to its former beauty. With a Historical District Category B rating and a Mills Act designation, it offers unmatched potential and a rare opportunity to reimagine one of Truckee’s last historic Properties. Thoughtful renovations blend seamlessly with timeless charm, from the welcoming entry and inviting country kitchen to a parlor that evokes the spirit of a century past. The main level has seen updates, including the breezeway, entry, laundry room, primary bedroom, full bath, and half bath. A spacious detached two-car garage includes lower level workshop below with its own entrance have also been added, along with extensive foundation retrofitting, new water & sewer supply lines, electrical panel and wiring in the restored section of the home. Portions of the main level remain unfinished, while the upper level awaits full restoration, offering a blank canvas for future design. Situated on a rare oversized .39-acre street-to-street parcel with town & mountain views, the property provides spacious side and rear yards for outdoor enjoyment, ample off-street parking, The impressive 1,300-square-foot, dirt-floor basement offers exceptional flexibility and exciting potential for a variety of uses, subject to zoning. The expansive space could accommodate a JADU, potential living area, recreation space, a home gym, wine cellar, storage, or other creative uses tailored to the new owner’s needs. Zoned Downtown High Density Residential, it allows for mostly residential and low-intensity uses with ADU and JADU potential. Its rare location, just steps to vibrant downtown restaurants, shops, and year-round recreation, makes this a truly versatile opportunity to own a piece of Truckee’s history.