$799,000 Active
15541 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.
2 Beds
·
1.5 Baths
·
1,200 Sq Ft
Virtual Tour

About This Property

Welcome to 15541 South Shore Drive, a wonderful two bedroom, one and a half bathroom cabin tucked away on the quiet back streets of Donner Lake. Sitting right on South Shore Drive, this home is perfectly positioned within close proximity to both the private homeowners beach and the public beach, putting everything Donner Lake has to offer just steps from your front door. This charming and fully original cabin is full of authentic character and soul. Upon entry you are welcomed by a unique enclosed entryway housing the washer, utility sink, and full bathroom, a wonderfully practical setup for rinsing off and cleaning up after a day on the lake or slopes before stepping into the main living space. The main floor continues with a bright living room and kitchen, with peeking lake views from the living room window adding a lovely touch to the everyday living experience. Head upstairs to find two comfortable bedrooms, one featuring a fun bunk bed setup perfect for kids and the other a queen bedroom with a half bath ensuite. Both bedrooms connect through pass through closets, adding a charming and practical touch to the upper floor layout. The wooded lot is beautifully surrounded by lush bushes and mature trees, creating a wonderfully private and serene outdoor setting. Two decks extend your outdoor living space, a front deck right at the entry and a second deck on the side of the home, both nestled among the trees in a peaceful natural setting. The home also comes complete with a kayak and dedicated kayak storage above the front deck, a fantastic bonus for anyone looking to get out on the water from day one. Sold partially furnished and ready to enjoy, this is a sweet and well appointed original Donner Lake cabin in an unbeatable location on one of the lake's most beloved streets.

Listed by John McCormick — McCormick Realty

Listing Details

Status Active
MLS # 20261379
Days on Market 1
Price/Sq Ft $666

Property History

Jul 03, 2026
Listed for sale
$799,000
Property Overview
Beds 2
Baths 1.5
Sq. Ft. 1,200
Lot Size 0.12 acres
Property Type Single Family Residence
Style Mountain
Subdivision Donner Lake
County Nevada
STR Jurisdiction Town of Truckee
APN 017246009
Parking
Parking Features None
Exterior & Lot
Lot Features Street, Corner Lot
View Lake, Peek, Trees/Woods
Construction Frame
Roof Metal
Foundation Concrete Perimeter
Utilities & Systems
Heating Natural Gas
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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 — 15541 South Shore Drive, Truckee

Est. Annual Revenue
$40,304
Avg Nightly Rate
$282
Projected Occupancy
40.2%
Cap Rate
2.0%
Structural Score: 46 / 100 (Standard) · 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% ($159,800)
Home price
$799,000
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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