$1,195,000 Active
15540 Alder Creek Road
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.
3 Beds
·
2.0 Baths
·
1,400 Sq Ft
Virtual Tour

About This Property

Welcome to 15540 Alder Creek Road, an exceptional mountain residence that perfectly captures the essence of refined Tahoe Donner living. This classic alpine chalet blends timeless architecture with a highly curated, immaculate contemporary aesthetic, offering a turnkey mountain retreat that is ready for immediate enjoyment. Positioned on an enviable lot directly across the street from the Alder Creek Adventure Center, this property provides an unparalleled front-row seat to year-round outdoor recreation, while ensuring your view across the way remains completely open and unobstructed by future residential development. Situated on a coveted, quiet, dead-end section of the road, you will enjoy minimal through-traffic and an added sense of mountain serenity. The home’s striking exterior features a classic high-pitched roofline and an expansive front deck perched perfectly above a spacious two-car garage—creating an ideal vantage point for morning coffee or sunset relaxation among the towering pines. Arrival is made effortless by a functional air-lock entry, providing the perfect buffer for shedding winter layers and outdoor gear before stepping into the main living spaces. Inside, a luminous, open-concept great room immediately impresses with its dramatic soaring ceilings and a massive wall of feature windows that flood the entire space with natural light. The interior is defined by clean lines, beautiful wide-plank flooring, and a crisp, sophisticated color palette that makes the entire home feel incredibly bright and airy. The main living area transitions seamlessly into a gorgeous chef’s kitchen, beautifully designed with sophisticated dark cabinetry, pristine stone countertops, a modern tiled backsplash, and stainless steel appliances. A large center island with bar seating provides the perfect gathering spot for entertaining, while thoughtful under-cabinet lighting adds a warm, ambient glow to the space. Adjacent to the kitchen, the open dining area easily accommodates a large table for hosting memorable mountain dinners with family and friends. For ultimate daily convenience, a dedicated separate laundry room is also thoughtfully located on this main level. An elegant, modern staircase anchored by minimalist horizontal cable railings leads to the upper level, where you will find a versatile open loft overlooking the living space below. This flexible area is perfect for a home office, a secondary media lounge, or an extra sleeping space. The home's bedrooms and bathrooms continue this same elevated design standard, serving as serene, spa-like sanctuaries. The primary bathroom features an impressive, oversized walk-in shower wrapped in floor-to-ceiling stone-patterned tile, complemented by a large vanity with integrated full-height linen storage cabinetry, sleek brushed nickel fixtures, and a warm wood-framed accent mirror. The secondary bathroom offers equally striking design choices, featuring a deep soaking tub surrounded by contemporary vertical picket-weave tile, high-contrast matte black fixtures and hardware, a crisp gray vanity with stone countertops, and minimalist framed mirrors. Beyond the front door lies a lifestyle of effortless adventure. Walk right across the street to access world-class cross-country skiing, snowshoeing, mountain biking, hiking, and equestrian trail networks. Enjoy the ultimate convenience of having Tahoe Donner’s premier community hub, seasonal events, and local dining just steps away, all while maintaining the absolute peace, privacy, and quiet luxury of your own mountain retreat. This is a rare opportunity to own a flawless, design-forward property in one of Truckee’s most coveted locations.

Listed by John Biebl — Sierra Sotheby's Int - Rock

Listing Details

Status Active
MLS # 20261079
Days on Market 1
Price/Sq Ft $854

Property History

Jun 04, 2026
Listed for sale
$1,195,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,400
Lot Size 0.33 acres
Stories 2
Year Built 1988
Property Type Single Family Residence
Style Mountain
Subdivision Tahoe Donner
County Placer
STR Jurisdiction Town of Truckee
APN 046-340-005
Parking
Parking Features Two
Exterior & Lot
Lot Features Upslope,Gentle
View Wooded
Construction Framed
Roof Metal
Foundation Perim Concrete
Utilities & Systems
Heating Natural Gas,CFAH
Financial
HOA Fee $3,621
HOA / Community www.TahoeDonner.com
HOA & Community
Community Amenities Beach Access,Pool,Tennis Courts,Golf,Equestrian Center,Cross Country Skiing,Down Hill Skiing,Exercise Equipment,Boat Ramp
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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 — 15540 Alder Creek Road, Truckee

Est. Annual Revenue
$44,245
Avg Nightly Rate
$344
Projected Occupancy
36.9%
Cap Rate
1.5%
Structural Score: 67 / 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% ($239,000)
Home price
$1,195,000
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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