$1,485,000 $1,555,000 ↓ $70,000 reduced Active
15224 W Reed Avenue
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.
4 Beds
·
3.0 Baths
·
2,376 Sq Ft
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About This Property

Exceptional quality. Perfect location. Unmatched value. Just one block from Donner Lake, this newer mountain modern retreat offers the rare opportunity to own a thoughtfully designed, turn-key home with lake VIEWS from every floor at a price difficult to find. The main level features an open-concept great room with soaring ceilings, abundant natural light, and a well-appointed kitchen that flows seamlessly onto a sun-filled deck—perfect for entertaining or unwinding after a day on the lake or the slopes. Multiple expansive decks capture beautiful lake and mountain views, creating exceptional indoor-outdoor living throughout every season. Crafted with hickory wood floors, alder cabinetry, granite countertops, and a striking stone hearth with a gas fireplace, the home blends timeless mountain character with modern comfort. The primary suite offers a private retreat complete with a soaking tub, double vanity, and its own deck views of Donner Lake. Downstairs, a spacious recreation room with a wet bar and refrigerator provides flexible living space and can easily function as a fourth bedroom, bunk room, or media room. A two-car garage provides ample storage for all your Tahoe gear, while the unbeatable location places Donner Lake, hiking trails, and world-class skiing just moments from your doorstep. As one of the few newer, quality-built homes available in this highly sought-after neighborhood, this property presents an exceptional opportunity for both full-time living and a mountain getaway. Optional membership to the Donner Lake Property Owners Association (DLPOA) provides access to one of Donner Lake's premier private beach amenities, further enhancing the coveted Tahoe lifestyle.

Listed by Sami Bass — Sierra Sotheby's Int Realty TC

Listing Details

Status Active
MLS # 20261514
Days on Market 54
Price/Sq Ft $625

Property History

Jul 21, 2026
Listed for sale
$1,555,000
Aug 20, 2026
Price reduced
$1,485,000 $1,555,000 ↓ $70,000
Sep 08, 2026
Pending
$1,485,000
Sep 10, 2026
Relisted
$1,485,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Jun 2022 · via MLS history $1,500,000

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
Beds 4
Baths 3.0
Sq. Ft. 2,376
Lot Size 0.11 acres
Year Built 2014
Property Type Single Family Residence
Style Mountain
Subdivision Donner Lake
County Nevada
STR Jurisdiction Town of Truckee
APN 017181019000
Parking
Garage Spaces 2
Parking Features Two, Attached
Attached Garage Yes
Exterior & Lot
Lot Features Street
View Lake, Filtered
Roof Composition
Foundation Concrete Perimeter
Utilities & Systems
Heating Natural Gas
HOA & Community
Community Amenities Beach Access, Boat Ramp
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STR Investment Analysis

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

STR Investment Analysis

Red Zone
STRUCTURAL SCORE Luxury
77
PROJECTED GROSS ANNUAL REVENUE
$40K – $85K typically ~$50,000
~$4,167 per month
Avg Nightly
$284
Occupancy
48%
Cap Rate
1.4%

STR Investment Summary — 15224 W Reed Avenue, 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.
Est. Gross Annual Revenue
$40K – $85K
typically ~$50,000
Avg Nightly Rate
$284
Projected Occupancy
48.3%
Cap Rate
1.4%
Structural Score: 77 / 100 (Luxury) · STR Zone: Red

Based on comparable vacation rental performance data for Truckee. Gross of management, cleaning and platform fees. Assumes full-year availability, professional management and dynamic pricing; owner use reduces it. 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% ($297,000)
Home price
$1,485,000
Loan details
30-yr fixed, 6.5%
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