Cascade Reservoir Homes with Two Story w/ Below Grade Stories

Welcome to Cascade Reservoir, a hidden gem nestled in the heart of Donnelly, Idaho. This picturesque subdivision is a haven for nature lovers and outdoor enthusiasts, offering unparalleled access to the stunning Cascade Reservoir and the breathtaking landscapes that surround it. With its serene atmosphere and vibrant community, Cascade Reservoir is the perfect place to call home.

In Cascade Reservoir, you'll find a variety of beautifully designed homes, including two-story residences with below-grade stories. These spacious homes are perfect for families or those who love to entertain, providing ample room for living, dining, and relaxation. The well-thought-out floor plans ensure that every square foot is utilized efficiently, while large windows invite natural light and offer stunning views of the surrounding mountains and pristine waters.

Living in Cascade Reservoir means embracing an active lifestyle. With the reservoir just a stone's throw away, residents can enjoy activities such as boating, fishing, and kayaking in the summer, while winter brings opportunities for snowmobiling, skiing, and ice fishing. The community is also conveniently located near local amenities, including charming shops, restaurants, and parks, making it easy to enjoy everything Donnelly has to offer.

Whether you're seeking a peaceful retreat or an adventure-filled lifestyle, Cascade Reservoir has it all. Explore the possibilities that await you in this enchanting subdivision, where your dream home and the beauty of Idaho's great outdoors come together in perfect harmony. Come discover why Cascade Reservoir is the ideal setting for your next chapter!

Newest Cascade Reservoir Homes with Two Story w/ Below Grade Stories

$3,490,000

5 Beds ⋅ 6 Baths ⋅ 7,189 SqFt. ⋅ 3.1 Acres ⋅ 98981966 MLS

Perched above Lake Cascade, this custom mountain retreat offers panoramic lake views from every bedroom and the great room. Located just minutes from Tamarack Resort, the home provides significantly more space and privacy than many in-resort properties, while maintaining convenient access to year-round recreation. A spacious deck and hot tub overlook the water, creating an ideal setting to relax and take in the scenery. Designed for gathering and entertaining, the home features a massive great room with expansive windows framing the lake and mountain views, generous living spaces, a large bonus room, and a sauna. The 40x30 garage with 12x16 doors offers ample room for boats, RVs, snowmobiles, and gear. Set on 3.1 private wooded acres, the property offers 7,189 sq ft of living space and a rare combination of scale, privacy, and proximity to Tamarack, Lake Cascade, skiing, golf, and year-round outdoor recreation. Currently operating as a short-term rental, the home is offered fully furnished and turnkey.

1505 Bear Rock Trail, Donnelly

$999,500

3 Beds ⋅ 3 Baths ⋅ 2,045 SqFt. ⋅ 1.112 Acres ⋅ 98980761 MLS

Experience elevated mountain living in this private, year-round retreat just minutes from Tamarack Resort. Surrounded by nature and designed for comfort, this property offers panoramic Lake views enjoyed from the expansive wrap-around deck—perfect for morning coffee or sunset entertaining. A nearby new marina will feature boat slips, fuel services, rentals, and lakeside food and beverage options with cabanas. Inside, the open-concept living space showcases hardwood floors, granite countertops, and a fireplace insert. The main-level primary suite offers a walk-in closet and private bath, while the upper level includes two bedrooms, a full bath, and a versatile loft ideal for guests, office, or media space. The lower level adds a multipurpose room, cool-storage pantry, and premium infrastructure including reverse osmosis, tankless water heater, propane furnace, and water tanks. Additional highlights include an artesian well, backup generator, fire pit, ample RV/toy parking, no HOA, and vacation rental appeal.

1539 West Mountain Rd, Donnelly

Start Your Search

Information courtesy of Intermountain Multiple Listing Service. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non‐commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. All listings provided by IMLS are marked with the official IMLS IDX icon.