$689,000 Active
15484 Donner Pass Road #18
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
·
2.5 Baths
·
1,354 Sq Ft
Virtual Tour

About This Property

Open house Saturday August 8th 2:00-5:00. Perched above Donner Lake, this beautifully maintained, turnkey condominium offers the perfect combination of mountain charm, panoramic lake views, and year-round recreation. Featuring 2 bedrooms, 2½ bathrooms, a sleeping loft, and a detached one-car garage, this multi-level townhome is ideal as a full-time residence or four-season getaway. Thoughtfully positioned in the front of the complex to take advantage of panoramic lake views of Donner Lake and the Sierra Nevada mountains from almost every room, but set far enough back to avoid road noise. The home was professionally remodeled in 2014 including new custom cabinetry, countertops and lighting. The bright main level features an open living room, dining area, kitchen and a half bath. Unique to this unit is the hand crafted ladder up into the loft area which can be used as an office or overflow sleeping area. It's also possible to lock off the loft with the 9' tall custom crafted barn door. Expansive windows fill the home with natural light, while the spacious deck provides the perfect setting for morning coffee, evening entertaining, or watching Donner Lake's spectacular Fourth of July fireworks. Downstairs you will find two comfortable bedrooms including a private ensuite with a heated floor and a gas fireplace. The second bedroom is on this level with it's own bathroom. Also on this level is a dedicated laundry room. The entry room floor also has a heated tile floor making it even cozier in the winter and melting snow off your winter boots. Another great feature of this property is the location of the garage. It's also directly across the street from the public boat ramp making it easy to wheel over a kayak or other water toys and hop onto the lake. Owners enjoy exclusive access to Donner Pines West's private gated beach complete with a sandy shoreline, lakefront gazebo, floating dock, kayak and paddle board racks, and additional storage for beach gear. The HOA beach is absolutely lovely and rarely used. Directly across the street from the condo is the public boat launching ramp and a great place to jump into the lake. Located just 10 minutes from both downtown Truckee and Donner Summit, with Sugar Bowl, Donner Ski Ranch, Boreal, and Royal Gorge all nearby, this home places endless outdoor recreation right at your doorstep. Easy access to I-80 makes travel convenient, and with short-term rentals prohibited, the community offers a quiet, relaxing environment to enjoy all four seasons.

Listed by Christine Hinkel — Sierra Sotheby's Int - Rock

Listing Details

Status Active
MLS # 20261661
Days on Market 1
Price/Sq Ft $509

Property History

Aug 07, 2026
Listed for sale
$689,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Jan 2013 · county record $212,000 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 2
Baths 2.5
Sq. Ft. 1,354
Year Built 1974
Property Type Residential
Style Mountain
Subdivision Donner Lake
County Nevada
STR Jurisdiction Town of Truckee
APN 01745001800
Parking
Garage Spaces 1
Parking Features One, Detached, Parking Pad
Attached Garage Yes
Exterior & Lot
Lot Features Condo/PUD Project
View Lake, Panoramic-Lake, Mountain(s)
Construction Frame
Roof Composition
Foundation Pillar/Post/Pier
Utilities & Systems
Heating Natural Gas, Electric
Financial
HOA Fee $2,002 / Monthly
HOA & Community
Community Amenities Beach Access
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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 — 15484 Donner Pass Road #18, Truckee

Est. Annual Revenue
$35,652
Avg Nightly Rate
$185
Projected Occupancy
53.0%
Cap Rate
2.1%
Structural Score: 73 / 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% ($137,800)
Home price
$689,000
Loan details
30-yr fixed, 6.5%
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