$1,750,000 Active
10199 Donner Lake Road
Truckee, CA 96161

Get homes like this by email

When a home like this lists in Truckee at a similar price and size, we email you the same day. No account needed.

⚠ STR Permit Cap Reached
Town of Truckee STR permit cap has been reached. 1-year waiting period after purchase before you can apply. Verify current waitlist status before buying.

Our data on this home

About This Property

Donner Lake Six: six modern residences in three two-unit buildings, completed in 2024 to LEED Gold-equivalent standards and fully leased. Cedar and corrugated-metal exteriors sit among the pines, about a quarter mile from the Donner Lake shoreline and minutes from I-80, downtown Truckee and the region's ski resorts. Each of the three one-bedroom and three studio homes has its own entrance, a private balcony and an attached single-car garage. Inside: a full kitchen with stainless appliances, dishwasher and granite counters, a full bath with tub/shower, dedicated storage and washer/dryer hookups. Electric and water are metered separately by unit. The property operates under recorded deed restrictions that run in perpetuity: tenants must work 30+ hours per week within the TTUSD boundary, leases run six to twelve months, and total monthly housing cost is capped at 180% of Nevada County AMI for a two-person household. A stabilized, newly built workforce-housing asset with in-place local demand. Trailing-twelve-month NOI of $90,614 (Aug 2025 through Jul 2026, unaudited). Offering memorandum available to qualified buyers. Buyer to independently verify all information.

Listed by David Gove — Real Broker

Listing Details

Status Active
MLS # 20262152

Property History

Oct 23, 2026
Listed for sale
$1,750,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Jan 2023 · county record $300,000 Deed record — brokerage sides not reported

MLS closed sales, with duplicate ingestions collapsed and lease records excluded, so each row is a distinct transaction. Rows marked county record come from the assessor's deed data, which reaches back further than the MLS feed; rows marked via a listing site fill the years the feed misses using that site's public sale record.

Property Overview
Property Type MLF
Style MOUNTAIN
Subdivision Donner Lake
County Nevada
STR Jurisdiction Town of Truckee
Parking
Parking Features Black Top
Exterior & Lot
Lot Features CONDO PROJECT, Sep Meters
View Lake, Mountain(s)
Construction Frame, Cedar
Roof Composition, Metal
Foundation Concrete Perimeter
Utilities & Systems
Heating Natural Gas
Financial
Seller's Annual Tax $13,723
📊

STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Red Zone
STRUCTURAL SCORE Premium
64
No revenue projection. Short-term rental permits are not currently obtainable here — the local jurisdiction has reached its permit cap or is waitlisting all new applications.

STR Investment Summary — 10199 Donner Lake Road, Truckee

No revenue projection. Short-term rental permits are not currently obtainable here — the local jurisdiction has reached its permit cap or is waitlisting all new applications.
Structural Score: 64 / 100 (Premium) · STR Zone: Red

Home Insurance Estimate

California FAIR Plan fire policy + a DIC wrap policy, the usual Tahoe setup

$4,300 – $5,000/yr
about $388/mo
Est. Rebuild Cost (Coverage A)
$1,050,000
FAIR Plan (fire)
$3,600/yr
DIC wrap (theft, water, liability)
$700 – $1,400/yr

Estimate from this ZIP's California FAIR Plan rates (Plan data as of 6/30/2026, with the 29.1% increase effective 10/15/2026) on an estimated rebuild cost, plus a DIC policy at 20–40% of the FAIR premium. Not a bindable quote; a local broker quote depends on the home's age, roof, defensible space and claims history.

See it in the monthly payment Tahoe wildfire insurance costs

Cost Segregation Tax Savings

Estimated first-year bonus depreciation savings

Estimated First-Year Tax Savings
$0
via bonus depreciation
Land Value
$0
Improvement Basis
$0
5-Year Property (18%)
$0
15-Year Property (10%)
$0
Estimates are for informational purposes only and do not constitute tax advice. Consult a qualified CPA or tax professional for your specific situation. Actual savings depend on individual tax circumstances.

Payment calculator

$10,775 per month
Principal & interest
$8,849/mo
Property taxes
$1,538/mo
1.0544% of the price, Truckee's 2025-26 rate, plus direct charges: California re-assesses a home at its sale price. The $13,723 on this listing is the seller's bill.
HOA dues
$0/mo
From MLS listing data.
Home insurance
$388/mo
CA FAIR Plan + DIC estimate, ~$4,300–$5,000/yr — wildfire-zone rates vary; not a bindable quote.
Down payment
20% ($350,000)
Home price
$1,750,000
Loan details
30-yr fixed, 6.5%
Request a Tour

We'll contact you soon.

R
Real Estate Tahoe
Real Estate Agent

Send a Message