$3,295,000 Active
15066 South Shore Drive
Truckee, CA 96161
⚠ 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.
5 Beds
·
4.0 Baths
·
3,766 Sq Ft
Virtual Tour

About This Property

Rare opportunity to own a premier lakefront retreat on the highly coveted Beaver Cove of Donner Lake! This expansive three-level home offers over 66 feet of lake frontage — one of the widest lots on the cove — with a private dock and flat waterfront decking at lake level, perfect for launching kayaks, paddle boards, or simply soaking in the serenity. Six separate decks invite year-round outdoor living at every level of the home. Inside, the great room concept opens to a breathtaking wall of glass framing sweeping views across Donner Lake to the mountains beyond — a view that never gets old. The kitchen flows seamlessly into the living space, keeping everyone connected while entertaining. A fully self-contained third-level suite offers a private bedroom, separate seating area, kitchenette, and a luxurious bathroom with sunken bathtub — ideal for guests, in-laws, or rental income potential. Dual access with upper street parking plus a driveway leading to the home entrance, and an oversized garage with a door large enough to accommodate a small RV. Donner Lake properties on Beaver Cove rarely come to market — don't miss this one.

Listed by John McCormick — McCormick Realty

Listing Details

Status Active
MLS # 20261343
Price/Sq Ft $875

Property History

Jul 02, 2026
Listed for sale
$3,295,000
Property Overview
Beds 5
Baths 4.0
Sq. Ft. 3,766
Lot Size 0.29 acres
Year Built 1963
Property Type Single Family Residence
Style Mountain
Subdivision Donner Lake
County Placer
STR Jurisdiction Town of Truckee
APN 017260030
Parking
Garage Spaces 2
Parking Features Two, Detached, RV Garage, Oversized
Attached Garage Yes
Exterior & Lot
Lot Features Landscaped
View Lake, Panoramic-Lake, Panoramic, Trees/Woods, Mountain(s)
Construction Frame
Roof Metal
Foundation Concrete Perimeter
Utilities & Systems
Heating Natural Gas, CFAH
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STR Investment Analysis

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

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Excellent
87
PROJECTED ANNUAL REVENUE
$142,500 ($118K – $167K range)
~$11,875 per month
Avg Nightly
$485
Occupancy
68%
Cap Rate
5.2%

STR Investment Summary — 15066 South Shore Drive, Truckee

Est. Annual Revenue
$174,447
Avg Nightly Rate
$1491
Projected Occupancy
32.0%
Cap Rate
2.1%
Structural Score: 69 / 100 (Premium) · STR Zone: Red

Based on comparable vacation rental performance data for Truckee. Revenue projections are estimates and may vary.

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

$0 per month
Principal & interest
$0
Property taxes
$0
HOA dues
$0
From MLS listing data.
Home insurance
$0
Insurance estimate only — Tahoe wildfire-zone rates vary; get a local broker quote for accuracy.
Down payment
20% ($659,000)
Home price
$3,295,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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