$849,000 Active
15214 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.
3 Beds
·
3.0 Baths
·
Virtual Tour

About This Property

Embrace the timeless magic of Donner Lake in this quintessential 3-bedroom, 3-bathroom mountain cabin, perfectly positioned on Donner Pass Road directly across from the water. Framed by expansive, unobstructed views across the lake and surrounding peaks, this rare setting delivers the front-row alpine lifestyle buyers dream of. Step out onto the expansive, south-facing deck drenched in all-day Sierra sunshine—the ultimate vantage point for morning coffee over glass-calm water or unwinding after a day on the lake as the sun sets over the pass. Inside, the home offers warm, classic cabin character with comfortable living spaces tailored for family gatherings, mountain getaways, or seamless four-season entertaining. Lake days couldn't be more effortless. Stroll just steps from your front door to nearby public piers for a morning swim or paddle, and enjoy eligibility to join the coveted Donner Lake Property Owners Beach Club, offering private sandy beach access, boat trailer parking, docks, and pavilion amenities. Adding exceptional long-term value, the deep parcel extends street-to-street all the way to West Reed Avenue. This rare dual-street frontage creates an extraordinary canvas for future expansion—offering ideal grade and access to add a detached garage, guest quarters, accessory living space, or expanded off-street parking for boats toys. Whether enjoyed in its authentic cabin glory today or elevated for tomorrow, this is a legacy Donner Lake property in one of Truckee’s most enduring lakeside corridors.

Listed by John Biebl — Sierra Sotheby's Int - Rock

Listing Details

Status Active
MLS # 20261961
Days on Market 4

Property History

Sep 16, 2026
Listed for sale
$849,000
Property Overview
Beds 3
Baths 3.0
Property Type Single Family Residence
Style Mountain
Subdivision Donner Lake
County Nevada
STR Jurisdiction Town of Truckee
APN 017182021
Parking
Parking Features None, Parking Pad
Exterior & Lot
Lot Features Street
View Lake, Trees/Woods
Construction Frame
Roof Metal
Foundation Concrete Perimeter
Utilities & Systems
Heating Natural Gas, CFAH, Wall Furnace
📊

STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Red Zone
STRUCTURAL SCORE Premium
64
PROJECTED GROSS ANNUAL REVENUE
$35K – $90K typically ~$50,000
~$4,167 per month
Avg Nightly
$265
Occupancy
52%
Cap Rate
2.3%

STR Investment Summary — 15214 Donner Pass Road, Truckee

No revenue projection. Short-term rental permits are not currently obtainable here — the local jurisdiction has reached its permit cap or is waitlisting all new applications.
Est. Gross Annual Revenue
$35K – $90K
typically ~$50,000
Avg Nightly Rate
$265
Projected Occupancy
51.6%
Cap Rate
2.3%
Structural Score: 64 / 100 (Premium) · STR Zone: Red

Based on comparable vacation rental performance data for Truckee. Gross of management, cleaning and platform fees. Assumes full-year availability, professional management and dynamic pricing; owner use reduces it. 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% ($169,800)
Home price
$849,000
Loan details
30-yr fixed, 6.5%
Request a Tour

We'll contact you soon.

R
Real Estate Tahoe
Real Estate Agent

Send a Message