Lake Tahoe Homes for Sale | Incline Village Luxury Real Estate

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$1,750,000
3 Days On Site

10199 Donner Lake Road
Truckee, CA 96161

For Sale|Multi Family|Active
0
Beds
0
Total Baths
—
SqFt
—
/SqFt
Subdivision:
Donner Lake
County:
Nevada
Listing courtesy of David L Gove of Real Broker
10199 Donner Lake Road10199 Donner Lake Road10199 Donner Lake Road10199 Donner Lake Road
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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.

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Listing Snapshot
Price 
$1,750,000
Days On Site 
3 Days
Bedrooms 
N/A
Inside Area (SqFt) 
0 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
N/A
MLS Number 
20262152
Status 
Active
Property Tax 
$13,723
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 days agoListing updated with changes from the MLS
4 days agoListing first seen on site
General Features
Foundation 
Concrete Perimeter
Levels 
Two
Parking 
Paved
Property Sub Type 
Multi Family
Security 
Fire AlarmFire Sprinkler System
Sewer 
Public Sewer
Special Circumstances 
Standard
Style 
MOUNTAIN
Utilities 
Natural Gas Available
Water Source 
Public
Interior Features
Heating 
Natural Gas
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Exterior Features
Construction Details 
FrameCedar
Roof 
CompositionMetal
View 
LakeMountain(s)
Waterview 
LakeMountain(s)
Community Features
MLS Area 
DONNER LAKE TRACT-8DL
Listing courtesy of David L Gove of Real Broker



Listing information is provided by Participants of the Tahoe Sierra Board of REALTORS MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Tahoe Sierra Board of REALTORS MLS.
Data last updated at: 2026-10-27 06:35 PM UTC

Neighborhood & Commute
Source: Walkscore
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