5 Bedroom Multigenerational Homes for Sale in Truckee, CA Under $4.8M

There is 1 single family home for sale in Truckee, CA for $4,750,000, with 5 bedrooms, 6 bathrooms, and 3,800 square feet of living space.

Truckee sits near 5,800 feet in the Sierra Nevada, where the Truckee River runs through a historic downtown along Commercial Row. Donner Lake lies just west of town along Interstate 80, and the Northstar resort is a short drive away with its ski runs and village. Homes in the surrounding hills range from wooded lots among tall pines to larger estate parcels, and many sit within a short drive of river trails and the lake shore.

Interstate 80 links Truckee to Reno in about 40 minutes and to Sacramento in roughly two hours, which keeps regional work and remote jobs within reach. Tahoe City sits about 25 minutes away on the north shore of Lake Tahoe. The Tahoe-Truckee Unified School District serves families across the area, so buyers looking near elementary schools should confirm attendance boundaries for each address before they commit.

1 home · starting from

$4,750,000

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2 homes


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Good to know

Buying in Truckee

The questions buyers ask us most about this collection.

Is Truckee a good place for multigenerational families?

Truckee offers a mix of larger homes on wooded lots and a walkable downtown core with shops, restaurants and services. Multigenerational households often look for room to spread out, and the surrounding hills provide that space. Buyers should check how far each property sits from downtown and from the elementary school they plan to use.

Which parts of Truckee are best for families with elementary-age children?

Neighborhoods around Donner Lake and the wooded residential areas tend to feel quieter than the downtown core. Families should confirm school attendance boundaries through the Tahoe-Truckee Unified School District before choosing a street. A short drive to town services is useful for school runs and weekday errands.

How long is the drive from Truckee to Reno and Sacramento?

Interstate 80 connects Truckee to Reno in about 40 minutes and to Sacramento in roughly two hours. Winter weather can slow the drive over Donner Summit, so buyers who commute should plan extra time during snowy months.

What should buyers know about winter living in Truckee?

Truckee sits near 5,800 feet and receives heavy snowfall, so driveway access, snow removal and heating systems deserve close attention during a visit. Backup power and a garage are practical features for mountain winters. Asking the seller about past winter maintenance costs is a sensible step.

How does the Northstar area differ from downtown Truckee?

Northstar is a resort village built around skiing, while downtown Truckee is a historic core along Commercial Row with local shops and dining. Homes near Northstar tend to offer more direct access to ski terrain. Downtown offers a more walkable everyday routine.

What outdoor access do families find around Truckee?

Donner Lake, the Truckee River and nearby trail networks give families plenty of options for summer and winter recreation. Many residents enjoy short trips to the lake shore and the surrounding national forest. Proximity to these spots is a common reason buyers choose the area.