$4,250,000 Active
15735 Donner Pass 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.
2 Beds
·
2.0 Baths
·
1,556 Sq Ft
Virtual Tour

About This Property

Donner Lake Village Waterfront Opportunity | Sale includes both 15735 ( Unit A) & 15745 ( Unit B) Donner Pass Road, Building E | Truckee, California. SHOWN BY APPOINTMENT ONLY One of Donner Lake's most unique waterfront offerings, this property combines two beautifully renovated lakefront residences in a spectacular setting rarely available to the market. Offered together as one exceptional waterfront property, Building E - Units A and B at Donner Lake Village, each unit features two bedrooms and two full bathrooms, creating a rare opportunity to own two beautifully remodeled lakefront residences on the shores of Donner Lake. Showcasing breathtaking panoramic lake views, private waterfront living, and an unmatched mountain lifestyle, these residences offer the perfect blend of luxury, flexibility, and income potential. Designed for effortless year-round enjoyment, the south-facing location captures abundant sunshine throughout the day, with the sandy beach and sparkling waters of Donner Lake just steps from your door. Inside, spacious great rooms, soaring ceilings, and stunning stone fireplaces create inviting spaces to gather and relax while taking in the spectacular lake views. Owners enjoy assigned boat slips, ample boat storage and parking across the street, professional onsite property management, and the flexibility of short term rental opportunities. Properties within Donner Lake Village are tightly held and often transfer between neighbors, friends, and family, rarely reaching the open market. This is an extraordinary opportunity to acquire one of Donner Lake's most coveted beachfront ownership offerings. Perfectly positioned along the water's edge, each unit offers extensive luxury renovations featuring premium finishes, designer fixtures, custom cabinetry, high end appliances, and thoughtfully curated details throughout. Expansive great rooms with soaring exposed beam ceilings create a warm yet sophisticated atmosphere, while rich wood flooring and walls of glass frame spectacular views of Donner Lake and the surrounding Sierra Nevada mountains. Blending contemporary elegance with timeless mountain architecture, these residences have been thoughtfully reimagined to deliver an exceptional turnkey lakefront living experience. The spa-inspired bathrooms offer a true retreat, featuring luxurious finishes, eleork, and a refined,fined modern aesthetic. Every detail has been carefully selected to create a home that balances modern comfort with the beauty and tranquility of its waterfront setting. Unit A at 15735 Donner Pass Road has been fully completed and is ready for immediate occupancy. Offers 2 bedrooms, 2 full baths, 1556 sq ft per the Assessor. Unit B, 15745 Donner Pass Road, is nearing completion following an extensive renovation, with only a short list of finishing items remaining before it is move-in ready. Offering 2 bedrooms, 2 full baths, 1940 Sq ft per the Assessor. Owners and guests enjoy access to the exceptional amenities of Donner Lake Village, including a private sandy beach, pier and dock access, beautifully maintained lakeside grounds, kayak and paddleboard storage, and direct access to one of Truckee's most sought-after recreational destinations. Just minutes from Historic Downtown Truckee, premier ski resorts, championship golf courses, hiking and biking trails, and year-round outdoor recreation, this location offers the very best of the Tahoe lifestyle. Whether you envision a luxury family compound, multi-generational retreat, legacy property, or investment opportunity, this offering delivers the rare combination of a premier lakefront setting, extensive renovations, and two fully independent residences. Opportunities to acquire an entire waterfront offering of this caliber on Donner Lake are exceptionally rare. Experience the beauty, recreation, and lifestyle of Donner Lake from this remarkable waterfront property.

Listed by MelindaTilly Mezger — Chase International - Trk

Listing Details

Status Active
MLS # 20261105
Days on Market 11
Price/Sq Ft $2,731

Property History

May 28, 2026
Listed for sale
$4,250,000
Property Overview
Beds 2
Baths 2.0
Sq. Ft. 1,556
Stories 2
Year Built 1987
Property Type Residential
Style Mountain
Subdivision Donner Lake
County Nevada
STR Jurisdiction Town of Truckee
APN 017-460-045
Parking
Parking Features None
Exterior & Lot
Exterior Features High Ceilings
Lot Features Level
View Lake,Panoramic-Lake,Wooded
Roof Metal
Utilities & Systems
Heating Propane,Electric
Water Source Pier,Shared Pier,Other
Financial
HOA Fee $875
HOA / Community https://donnerlakevillage.com/#
HOA & Community
Community Amenities Beach Access,Boat Ramp,Other/See Remarks
📊

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 — 15735 Donner Pass Road, Truckee

Est. Annual Revenue
$219,375
Avg Nightly Rate
$1875
Projected Occupancy
32.0%
Cap Rate
2.1%
Structural Score: 60 / 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% ($850,000)
Home price
$4,250,000
Loan details
30-yr fixed, 6.5%
Request a Tour
Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

Send a Message

Or call directly: (530) 317-0373