$625,000 Active
15480 Donner Pass Road #20
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.
2 Beds
·
2.5 Baths
·
1,184 Sq Ft
Virtual Tour

About This Property

Welcome to Donner Pines West with lake views! With 2 bedrooms and 2+1/2 baths plus a sleeping loft, this charming creekside condominium perched above Donner Lake is the ideal location for enjoying the mountain lifestyle. This turn-key, multi-level townhome is ready for you to move right in before the snow flies! Just 10 minutes to downtown Truckee, or 10 minutes up to Donner Summit. Sugar Bowl, Donner Ski Ranch, Boreal and Royal Gorge Nordic are all close, so make this your Truckee base camp. An endless amount of outdoor adventure is at your fingertips! Watch the 4th of July fireworks from your own private paradise! Summer or winter, this is an ideal location to recreate in the mountains. Enjoy Donner Pines West's HOA private beach across the street with uncrowded sandy beach, lakefront gazebo, floating dock plus Kayak/SUP racks and a storage shed for additional beach toys. After a day on the lake, let the year round creek outside your bedroom windows lull you to sleep in the crisp mountain air! Enjoy easy access to I80 via Donner Lake Dr. from your own detached garage. Makes a wonderful permanent residence or 4-season getaway. Short Term Rentals (STR's) are NOT allowed.

Listed by Nancy Costello — Tahoe Truckee Brokers

Listing Details

Status Active
MLS # 20261629
Price/Sq Ft $528

Property History

Aug 04, 2026
Listed for sale
$625,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Oct 1994 · county record $115,000 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.

Property Overview
Beds 2
Baths 2.5
Sq. Ft. 1,184
Year Built 1974
Property Type Residential
Style Mountain
Subdivision Donner Lake
County Nevada
STR Jurisdiction Town of Truckee
APN 017450020000
Parking
Garage Spaces 1
Parking Features One, Detached
Attached Garage Yes
Exterior & Lot
Lot Features Condo/PUD Project, Landscaped
View Lake, Trees/Woods, Mountain(s)
Construction Frame
Roof Composition
Foundation Pillar/Post/Pier
Utilities & Systems
Heating Natural Gas, Wall Furnace, Wood Stove
Financial
HOA Fee $2,002 / Monthly
HOA & Community
Community Amenities Beach Access
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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 — 15480 Donner Pass Road #20, Truckee

Est. Annual Revenue
$34,533
Avg Nightly Rate
$179
Projected Occupancy
52.8%
Cap Rate
2.2%
Structural Score: 68 / 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% ($125,000)
Home price
$625,000
Loan details
30-yr fixed, 6.5%
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