Donnelly Homes with Two Story w/ Below Grade Stories

Welcome to Donnelly, Idaho – a hidden gem nestled in the heart of Valley County, where breathtaking natural beauty meets a vibrant community spirit. Known for its stunning landscapes, Donnelly is a gateway to outdoor adventures, from the pristine waters of Lake Cascade to the majestic peaks of the surrounding mountains. Whether you’re an outdoor enthusiast or someone looking to enjoy a peaceful retreat, Donnelly offers an idyllic setting for your next home.

One of the most sought-after property types in this charming town is the two-story homes with below-grade stories. These spacious residences provide an abundance of living space, perfect for families or those who enjoy entertaining. With multiple levels, these homes offer versatility and privacy, allowing everyone to have their own space while still being part of the household. Imagine hosting gatherings in your open-concept main floor, while the lower level serves as a cozy retreat, complete with a game room, home gym, or guest suite.

Donnelly's real estate market is thriving, and these two-story homes with below-grade stories are in high demand. They often feature modern amenities, expansive yards, and stunning views of the surrounding mountains, making them ideal for anyone looking to embrace the beauty of Idaho living.

As you explore your options in Donnelly, you’ll find a warm community that welcomes you with open arms, ensuring that your new home is not just a place to live, but a place to thrive. Discover the perfect blend of comfort, space, and natural beauty in Donnelly, Idaho – your dream home awaits!

Newest Donnelly Homes with Two Story w/ Below Grade Stories

$2,000,000

4 Beds ⋅ 4 Baths ⋅ 3,216 SqFt. ⋅ 0.191 Acres ⋅ 98995434 MLS

This beautiful 4/4 is your perfect mountain getaway. Enjoy an expansive deck with a fireplace and hot tub for entertaining. Location is convenient for ski-in/ski-out opportunities, with the lifts just a short ride away. Enjoy this beautiful kitchen with luxurious appliances, a large great room, a walk-out basement and more! Tamarack is truly a four-seasons resort, and this is the perfect place for you to enjoy all that the Idaho mountains have to offer! Ice fishing, skiing, snowmobiling, hunting, golf and more are right outside the door. This house is fully furnished and move-in-ready.

25 Francois Court, Donnelly

$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

$1,350,000

2 Beds ⋅ 3 Baths ⋅ 1,700 SqFt. ⋅ 0.089 Acres ⋅ 98981387 MLS

Perfectly positioned along the Tamarack Express, this exceptional ski-in/ski-out townhouse offers direct access to one of the country’s premier four-season resort destinations. Set within Tamarack Resort, the property provides effortless access to skiing, golf, mountain biking, and lake activities all in one place. This stunning mountain retreat blends modern luxury with rustic charm. Inside, you’ll find thoughtful design details throughout, including elegant shiplap accents, warm wood finishes, and striking quartz countertops that elevate the home’s sophisticated feel. High-end finishes and craftsmanship are evident in every room, creating a space that is both refined and inviting. 2 bedroom 3 bathroom home that sleeps up to 10 people with current configuration. Whether you're enjoying direct access to the slopes in winter, teeing off on the golf course in summer, or spending the day at nearby Lake Cascade, this property offers an unmatched lifestyle for outdoor enthusiasts. Enjoy a scenic chairlift ride in the summer, hiking, and downhill mountain biking. The Tamarack Marina features seasonal boat slips, on water fuel service, motorized and non motorized boat rentals, and beachfront amenities. Just a short distance from the Village at Tamarack with a multitude of dining options. Home is being sold fully furnished with over 100k in value.

69 Golden Bar Ct., 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 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

$2,995,000

5 Beds ⋅ 3 Baths ⋅ 5,287 SqFt. ⋅ 0.92 Acres ⋅ 98968203 MLS

Luxury ski in-ski out mountain estate in Tamarack's Whitewater Estates. The natural interior design includes antler light fixtures, stunning great room with rock fireplace, & tile floors. The gourmet kitchen highlights stainless Wolf appliances, granite counters, an overlay built-in fridge, & wet bar. Master suite has a corner fireplace, jetted tub, & walk-in shower. Home also features a ski-gear room, elevator, & rec room. Relax on the outdoor covered patio in the hot tub or next to the outdoor fireplace.

516 Whitewater Dr, 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.