$1,695,000 Active
15205 Point 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.
6 Beds
·
3.0 Baths
·
3,300 Sq Ft

About This Property

Welcome to 15205 Point Drive, one of Donner Lake's most unique and versatile homes, where breathtaking lake views meet incredible flexibility. This spectacular 6-bedroom, 3-bathroom property offers something almost impossible to find: two homes in one. The original 2-bedroom A-frame has been thoughtfully preserved with its own full kitchen, bathroom, private backyard, and expansive lake-facing deck. It can be completely locked off, making it ideal for guests, multi-generational living, long-term rental income, or creating the ultimate family legacy retreat. The main residence is equally impressive, featuring 4 spacious bedrooms, 2 bathrooms, and an absolutely stunning fully remodeled chef's kitchen designed for gathering after unforgettable days at the lake. Walls of windows frame the sparkling water, while another lake-facing deck invites morning coffee, sunset dinners, and endless memories. With three decks, you'll always have the perfect place to soak in the panoramic Donner Lake views. And the lifestyle doesn't stop there: • Attached 2-car garage • RV parking • Boat parking • Donner Lake HOA eligibility with the opportunity to join the coveted waitlist for private beach access and amenities Whether you're searching for an incredible primary residence, a mountain getaway, an investment opportunity, or a home that brings generations together, this property delivers possibilities that rarely come to market.

Listed by Kaili Sanchez — COMPASS

Listing Details

Status Active
MLS # 20261434
Days on Market 16
Price/Sq Ft $514

Property History

Jul 10, 2026
Listed for sale
$1,695,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Jul 2020 · county record $900,000 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 6
Baths 3.0
Sq. Ft. 3,300
Year Built 1973
Property Type Single Family Residence
Style Mountain
Subdivision Donner Lake
County Placer
STR Jurisdiction Town of Truckee
APN 017260010000
Parking
Garage Spaces 2
Parking Features Two, Attached, Boat, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Lot Features Street
View Lake, Mountain(s)
Construction Frame
Roof Metal
Foundation Concrete Perimeter
Utilities & Systems
Heating Propane
HOA & Community
Community Amenities Beach Access, Boat Ramp
📊

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 — 15205 Point Drive, Truckee

Est. Annual Revenue
$97,007
Avg Nightly Rate
$561
Projected Occupancy
47.3%
Cap Rate
2.3%
Structural Score: 76 / 100 (Luxury) · 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% ($339,000)
Home price
$1,695,000
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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