$265,000 Active
15897 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.
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About This Property

A rare opportunity awaits at Donner Lake with this flat, sunny parcel ideally positioned directly across from the West End Beach and the Donner Lake Property Owners Association’s private beach. In one of Truckee’s most coveted year-round mountain and lake settings, the lifestyle here is all about parking the car and embracing everything the West End has to offer right from your doorstep. Spend summers boating, paddleboarding, fishing, swimming and relaxing on the sandy beaches, while world-class hiking, mountain biking, road cycling, rock climbing, ski resorts and backcountry access are all just moments away. Zoned Neighborhood Mixed Use – Commercial, the property offers a unique range of future possibilities including a mixed-use development (residential and commercial) or 100% commercial opportunities. Adding to the excitement, recent updates to the Town’s development code now provide substantially improved flexibility for future building plans by allowing required commercial parking to be accommodated at the front of the parcel. This is a meaningful advantage for maximizing usability and coverage on the site. A future two-story build would capture beautiful Donner Lake and Donner Peak views from the upper level, further enhancing the appeal of this exceptional offering. The West End remains one of Truckee’s most treasured neighborhoods where homes and businesses are often held for generations thanks to the unmatched combination of recreation, community and natural beauty. The opportunity is now to create a truly special legacy property at Donner Lake.

Listed by Jeremy Jacobson — Sierra Sotheby's Int - Rock

Listing Details

Status Active
MLS # 20260902
Days on Market 61

Property History

May 20, 2026
Listed for sale
$265,000
Property Overview
Lot Size 0.17 acres
Property Type UnimprovedLand
Subdivision Donner Lake
County Nevada
STR Jurisdiction Town of Truckee
APN 017220001000
Exterior & Lot
Lot Features STREET
View Filtered, Panoramic-Lake, Panoramic, Mountain(s)
HOA & Community
Community Amenities Beach Access, 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 — 15897 South Shore Drive, Truckee

Est. Annual Revenue
$32,530
Avg Nightly Rate
$169
Projected Occupancy
52.6%
Cap Rate
4.9%
Structural Score: 42 / 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% ($53,000)
Home price
$265,000
Loan details
30-yr fixed, 6.5%
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