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For sale
  • $1,750,000

    10199 Donner Lake Rd, Truckee, CA 96161

    --beds
    --baths
    --sqft
    : 
    $11,463/mo
    Get pre-qualified
    Multi Family
    Built in ----
    -- sqft lot
    $1,699,500 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Private balconyAttached single-car garageSit among the pinesCedar and corrugated-metal exteriorsGranite countersDedicated storage
    Donner Lake Six: six modern residences in three two-unit buildings, completed in 2024 to LEED Gold-equivalent standards and fully leased. Cedar and corrugated-metal exteriors sit among the pines, about a quarter mile from the Donner Lake shoreline and minutes from I-80, downtown Truckee and the region's ski resorts. Each of the three one-bedroom and three studio homes has its own entrance, a private balcony and an attached single-car garage. Inside: a full kitchen with stainless appliances, dishwasher and granite counters, a full bath with tub/shower, dedicated storage and washer/dryer hookups. Electric and water are metered separately by unit. The property operates under recorded deed restrictions that run in perpetuity: tenants must work 30+ hours per week within the TTUSD boundary, leases run six to twelve months, and total monthly housing cost is capped at 180% of Nevada County AMI for a two-person household. A stabilized, newly built workforce-housing asset with in-place local demand. Trailing-twelve-month NOI of $90,614 (Aug 2025 through Jul 2026, unaudited). Offering memorandum available to qualified buyers. Buyer to independently verify all information. Shown by appointment only, do not disturb tenants.
    21 days
    626
    34

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    David L Gove 619-248-6434,

    Real Broker

    Source: TSMLS,MLS#: 20262152MLS Logo

      Facts & features

      Interior

      Heating
      • Natural Gas
      Interior area
      • Total structure area: 0

      Property

      Parking
      • Parking features: Black Top
      Features
      • Levels: Two
      • Has view: Yes
      • View description: Lake, Mountain(s)
      • Has water view: Yes
      • Water view: Lake
      Lot
      • Features: CONDO PROJECT, Sep Meters
      • Topography: Downslope
      Details
      • Parcel number: 017170032000
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: MOUNTAIN
      • Property subtype: Multi Family
      Materials
      • Frame, Cedar
      • Foundation: Concrete Perimeter
      • Roof: Composition,Metal
      Condition
      • New construction: No

      Utilities & green energy

      • Sewer: Utility District
      • Water: Utility District
      • Utilities for property: Natural Gas Available

      Community & HOA

      Community
      • Security: Fire Alarm, Fire Sprinkler System
      • Subdivision: Donner Lake
      Location
      • Region: Truckee

      Financial & listing details

      • Tax assessed value: $1,644,362
      • Annual tax amount: $13,723
      • Price range: $1.8M - $1.8M
      • Date on market: 10/23/2026
      • Listing terms: None

        Estimated market value

        $1,699,500

        $1.61M - $1.78M

        $2,685/mo

        Price history

        DateEventPrice
        10/23/2026Listed for sale$1,750,000+483.3%
        Source: TSMLS #20262152 Report a problem
        6/23/2025Listing removed$1,800
        Source: Zillow Rentals Report a problem
        6/4/2025Price change$1,800-2.7%
        Source: Zillow Rentals Report a problem
        3/25/2025Listed for rent$1,850-5.1%
        Source: Zillow Rentals Report a problem
        3/18/2025Listing removed$1,950
        Source: Zillow Rentals Report a problem
        2/6/2025Listed for rent$1,950
        Source: Zillow Rentals Report a problem
        12/29/2022Sold$300,000
        Source: TSMLS #20220545 Report a problem
        10/29/2022Pending sale$300,000
        Source: TSMLS #20220545 Report a problem
        4/8/2022Listed for sale$300,000+215.8%
        Source: TSMLS #20220545 Report a problem
        2/2/2018Sold$95,000-69.4%
        Source: TSMLS #20171378 Report a problem
        3/6/2006Sold$310,000+342.9%
        Source: Public Record Report a problem
        6/5/2000Sold$70,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026-- $1,644,362 +159.6%
        2025$8,564 +24%$633,420 +2%
        2024$6,905 +369.6%$621,000 +497.7%
        2023$1,471 +1.2%$103,895 +2%
        2022$1,453 +16.7%$101,858 +2%
        2021$1,245 -28.3%$99,861 +1%
        2020$1,735 -0.7%$98,838 +2%
        2019$1,748 -5.9%$96,900 -12.7%
        2018$1,857 +2.1%$111,000 +3.7%
        2017$1,819 +2.2%$107,000 +4.9%
        2016$1,780 -60.8%$102,000 -71.1%
        2015$4,540 +3.8%$352,488 +2%
        2014$4,373 $345,584 +0.5%
        2013-- $344,023 +2%
        2012-- $337,278 +2%
        2011-- $330,665 +0.8%
        2010-- $328,194 -0.2%
        2009-- $328,974 +2%
        2008-- $322,524 +2%
        2007-- $316,200 +158.4%
        2006-- $122,392 +2%
        2005-- $119,993 +2%
        2004-- $117,641 +1.9%
        2003-- $115,486 +2%
        2002-- $113,223 +2%
        2001-- $111,003
        Find assessor info on the county website

        Monthly payment

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        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 96161

        Getting around

        22 / 100
        Car-Dependent
        34 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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