6 residential units on 5 acres in prime Truckee/Tahoe location just came available. Family-owned property now on the market for the first time in over 60 years. No residential income property like it in the Tahoe area, creating a rare investment opportunity that offers a multitude of options. Located just 3 miles from historic downtown Truckee and 4 miles to the entrance of Squaw Valley USA. Possible estimated rent with main house/shop, four 1 bdr cabins & one 2 bdr is $7,200 per month.
Multi-familyProperty Type
1959Year Built
4.89 acresLot Size
$1,016Est. Price/Sq.Ft.
2 car garageParking
Listed by Matthew Baughman•DRE #01467802• Granite RE Commercial
Bought with David Gonzales•DRE #01753596• Livermore Valley RealEstate
This is a new listing, so no sales records exist yet. As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2026
$16,347 (+1.6%)
$789,196 + $699,177
$1,488,373
2025
$16,093 (+1.9%)
$789,196 + $699,177
$1,488,373
2024
$15,796
$773,722 + $685,468
$1,459,190
2023
$15,802 (+3.6%)
$758,551 + $672,028
$1,430,579
2022
$15,253 (+5.6%)
$743,678 + $658,851
$1,402,529
2021
$14,441 (+4.1%)
$729,097 + $617,894
$1,346,991
2020
$13,878 (−0.7%)
$714,801 + $607,151
$1,321,952
2019
$13,976 (+3.6%)
$707,472 + $531,644
$1,239,116
2018
$13,487 (+387.7%)
$693,600 + $521,220
$1,214,820
2017
$2,765 (+0.7%)
$33,791 + $177,441
$211,232
2016
$2,746 (+5.7%)
$33,791 + $177,441
$211,232
2015
$2,598 (+4.1%)
$33,129 + $173,962
$207,091
2014
$2,496
$31,993 + $167,993
$199,986
2013
$2,497 (+2.0%)
$31,993 + $167,993
$199,986
2012
$2,447 (+4.8%)
$31,849 + $167,234
$199,083
2011
$2,335 (+0.9%)
$31,225 + $163,955
$195,180
2010
$2,314 (+1.2%)
$30,613 + $160,741
$191,354
2009
$2,286 (+2.2%)
$30,385 + $159,540
$189,925
2008
$2,236
$30,458 + $159,920
$190,378
Tax history for 8755 Montreal
Year
Property tax
Land + Additions
Assessment*
2026
$16,347 (+1.6%)
$789,196 + $699,177
$1,488,373
2025
$16,093 (+1.9%)
$789,196 + $699,177
$1,488,373
2024
$15,796
$773,722 + $685,468
$1,459,190
2023
$15,802 (+3.6%)
$758,551 + $672,028
$1,430,579
2022
$15,253 (+5.6%)
$743,678 + $658,851
$1,402,529
2021
$14,441 (+4.1%)
$729,097 + $617,894
$1,346,991
2020
$13,878 (−0.7%)
$714,801 + $607,151
$1,321,952
2019
$13,976 (+3.6%)
$707,472 + $531,644
$1,239,116
2018
$13,487 (+387.7%)
$693,600 + $521,220
$1,214,820
2017
$2,765 (+0.7%)
$33,791 + $177,441
$211,232
2016
$2,746 (+5.7%)
$33,791 + $177,441
$211,232
2015
$2,598 (+4.1%)
$33,129 + $173,962
$207,091
2014
$2,496
$31,993 + $167,993
$199,986
2013
$2,497 (+2.0%)
$31,993 + $167,993
$199,986
2012
$2,447 (+4.8%)
$31,849 + $167,234
$199,083
2011
$2,335 (+0.9%)
$31,225 + $163,955
$195,180
2010
$2,314 (+1.2%)
$30,613 + $160,741
$191,354
2009
$2,286 (+2.2%)
$30,385 + $159,540
$189,925
2008
$2,236
$30,458 + $159,920
$190,378
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Permits
Beds
3
Baths
2
Stories
—
Lot width
—
Lot depth
—
Lot size
4.89 Acres
Year renovated
—
Sq. Ft.
5,099
Year built
1975
Style
Multi-Family (5+ Unit)
County
Placer County
APN
080140017000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 9, 2026.
Dec 11, 2023 • Final
Residential: full review - new home - less than 3,000 sq ft and below 5,000 ft elevation
Construct a second story addition and perform a full remodel of the existing residential building. Work includes adding new living space and an uncovered deck. No additional bedrooms, junior accessory dwelling units, or accessory dwelling units are permitted.
Addition
Remodel
Jun 10, 2022 • Final
Residential: full review - additions, adu, accessory structures, pools, remodel, demo, generators, and other
Perform exploratory demolition to generate required certification letters for a cabin.
Demolition
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking & Garage Information
Garage Spaces: 2
Parking Features: Attached, Boat Storage, Detached, Guest Parking Available
Interior
Bathroom Information
# of Bathrooms (Full): 2
# of Bathrooms (Partial): 1
Master Bathroom Features: Tub w/Shower Over
Other Bathroom Features: Tile, Tub w/Shower Over
Bedroom Information
# of Bedrooms (Total): 3
# of Bedrooms (Possible): 4
Master Bedroom Features: Walk-In Closet
Heating & Cooling
Cooling: Ceiling Fan(s), None
Heating: Heat Pump, Radiant
Interior Features
Appliances: Dishwasher, Free Standing Electric Range, Free Standing Refrigerator, Microwave
Fireplaces Total: 2
Fireplace Features: Kitchen, Living Room
Flooring: Carpet, Laminate, Tile
Laundry Features: Gas Hook-Up, Inside Room
Patio And Porch Features: Uncovered Deck, Uncovered Patio
# of Stories: 2
Room Information
Room Type: Baths Other, Great Room, Master Bathroom, Master Bedroom
Kitchen Features: Granite Counter
Dining Room Features: Dining Bar, Dining/Family Combo
Exterior
Exterior Features
Allows Horses: No
Roof: Metal
Pool Information
Has Private Pool: No
Has Spa: No
Property Information
Property Type: Residential
Property Sub Type: 3+ Houses on Lot
Subtype Description: Detached, Custom
Property Condition: Updated/Remodeled
Year Built: 1,959
Lot Information
Lot Size Square Feet: 213,008
Lot Size Acres: 4.89
Other Structures: Workshop
Utilities
Utility Information
Utilities: Internet Available, Propane Tank Owned
Electric: 220 Volts, 220 Volts in Laundry
Sewer: Septic Connected
Irrigation Source: Shares Domestic Well
Water Source: Well
Location
HOA Information
Association YN: No
School Information
School District County: Placer
Elementary School District: Tahoe-Truckee
Middle Or Junior School District: Tahoe-Truckee
High School District: Tahoe-Truckee
Location Information
Postal Code: 96145
County Or Parish: Placer
CrossStreet: Hwy 89
Directions: I-80 to hwy 89 towards Squaw Valley. 200 feet passed Cabin Creek Road make a Right on Montreal. Main house at the end of road. 5 yellow cabins are part of property.
State Or Province: CA
Street Number Numeric: 8755
Unparsed Address: 8755 Montreal, Tahoe City, CA 96145
Street Address Filtered: 8755 Montreal
Community Information
Senior Community YN: No
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 5,099
Stories: —
Lot Size: 4.89 acres
Style: Multi-Family (5+ Unit)
Year Built: 1975
Year Renovated: —
County: Placer County
APN: 080140017000
Home facts updated by county records on Oct 9, 2026
Other
Selling Agent
Buyer Agent Full Name: David Gonzales
Around this home
Schools
K - 12
Preschool & daycare
Truckee Elementary School
Public K-5 • Assigned • 3.4mi
6/10
Alder Creek Middle School
Public 6-8 • Assigned • 5.0mi
9/10
Tahoe Truckee High School
Public 9-12 • Assigned • 3.3mi
9/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
4/10 Fire Factor
2% chance of being in a wildfire in next 30 years
2/10 Heat Factor
11 days above 85° expected this year, 28 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
8/10 Air Factor
16 unhealthy days expected this year, 18 days in 30 years
Provided by First Street
Historical weather
Truckee, CA • 96145
Average low and high temperatures (°F)
43
21
44
25
53
27
54
29
65
36
76
42
80
47
80
47
72
44
58
34
49
28
46
26
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 12.1 hours in
June and 5.6 hours in December, placing it above the
U.S. average for solar exposure.