$1,995,000 Active
15735 Donner Pass Road #A
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
·
1,978 Sq Ft
Virtual Tour

About This Property

Experience the best of lakefront living at 15735 Donner Pass Road, Unit A, an exceptional waterfront residence within Donner Lake Village. Perfectly positioned just steps from the sandy shoreline, this beautifully renovated condominium offers approximately 1,978 square feet (per architectural plans), 2 spacious bedrooms, 2 full bathrooms, and an expansive lakefront Hot tub deck designed to capture breathtaking panoramic views of Donner Lake and the surrounding Sierra Nevada mountains. A rare advantage of this offering is the availability of a Town of Truckee Short-Term Rental permit for Building E. While new STR permits are currently unavailable, this availability provides the opportunity for significant rental income for future ownership (subject to applicable Town regulations). Thoughtfully redesigned with quality craftsmanship and timeless mountain style, the residence blends modern luxury with the relaxed charm of lakeside living. Soaring exposed beam ceilings create a dramatic sense of space, while walls of glass fill the great room with natural light and frame the ever-changing lake views. Rich wood finishes, premium materials, custom cabinetry, designer fixtures, a striking stone fireplace, and a copper pipe fire suppression system. Enjoy the inviting atmosphere for gathering with family and friends after a day on the water or the slopes. The spacious primary suite and guest accommodations provide comfort and privacy, while the spa-inspired bathrooms feature refined finishes and contemporary design. Every detail has been carefully selected to create a turnkey residence that is equally suited for weekend escapes, extended vacations, or seasonal living. Step outside onto the expansive lakefront deck where the centerpiece is a private hot tub overlooking Donner Lake. Whether enjoying a quiet morning coffee, entertaining guests, or relaxing beneath the stars, this outdoor living space offers an extraordinary front-row seat to one of Truckee's most spectacular waterfront settings. Owners enjoy access to the outstanding amenities of Donner Lake Village, including a private sandy beach, gated lakefront access, pier and dock privileges for owners and guests, beautifully maintained lakeside grounds, kayak and paddleboard storage, and convenient seasonal boat storage and parking across the street. The community is professionally managed with on-site personnel, allowing owners to enjoy a carefree mountain lifestyle. Waterfront opportunities at Donner Lake are exceptionally limited, and residences within Donner Lake Village are rarely offered for sale. Many remain in the same families for generations or transfer privately before ever reaching the market. Combining an irreplaceable beachfront location, extensive renovations, exceptional amenities, and remarkable lifestyle appeal, 15735 Donner Pass Road, Unit A represents a truly rare opportunity to own one of Donner Lake's most desirable lakefront properties. Located just minutes from Historic Downtown Truckee, world-class skiing, championship golf, mountain biking, hiking trails, and year-round recreation, this residence places the very best of the Tahoe lifestyle within easy reach.

Listed by MelindaTilly Mezger — Chase International - Trk

Listing Details

Status Active
MLS # 20261698
Days on Market 2
Price/Sq Ft $1,009

Property History

Aug 13, 2026
Listed for sale
$1,995,000
Property Overview
Beds 2
Baths 2.0
Sq. Ft. 1,978
Year Built 1987
Property Type Residential
Style Mountain
Subdivision Donner Lake
County Nevada
STR Jurisdiction Town of Truckee
APN 017460045
Parking
Parking Features None, Boat
Exterior & Lot
View Lake, Panoramic-Lake, Trees/Woods
Roof Metal
Utilities & Systems
Heating Propane, Electric
Financial
HOA Fee $875 / Monthly
HOA & Community
Community Amenities Beach Access, Other/See Remarks
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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 — 15735 Donner Pass Road #A, Truckee

Est. Annual Revenue
$39,036
Avg Nightly Rate
$199
Projected Occupancy
53.7%
Cap Rate
0.8%
Structural Score: 63 / 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% ($399,000)
Home price
$1,995,000
Loan details
30-yr fixed, 6.5%
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