Cascade Reservoir Real Estate

Welcome to Cascade Reservoir, a stunning subdivision nestled in the heart of Donnelly, Idaho, within the picturesque Valley County. This enchanting community is a haven for those seeking a blend of natural beauty, outdoor adventure, and a relaxed lifestyle.

Cascade Reservoir is renowned for its breathtaking landscapes, where the shimmering waters of the reservoir meet the majestic backdrop of the surrounding mountains. Whether you’re an avid fisherman, a boating enthusiast, or simply someone who enjoys serene lakeside walks, this area offers a plethora of recreational activities right at your doorstep. The reservoir is not only a perfect spot for summer fun, but it also transforms into a winter wonderland, providing opportunities for ice fishing, snowmobiling, and cross-country skiing.

The subdivision itself boasts a variety of thoughtfully designed homes, each with unique architectural styles that harmonize with the natural surroundings. Residents enjoy spacious lots, many with stunning views of the water or the mountains, creating an idyllic setting for families and retirees alike. The community fosters a friendly atmosphere, where neighbors become friends and the spirit of camaraderie flourishes.

In addition to its breathtaking scenery, Cascade Reservoir is conveniently located near the charming town of Donnelly, where you’ll find delightful shops, local dining, and community events that celebrate the vibrant culture of the area. With its perfect blend of outdoor adventure and community charm, Cascade Reservoir is not just a place to live; it’s a lifestyle waiting to be embraced. Come discover your dream home in this captivating Idaho oasis!

Newest Listings in Cascade Reservoir

$280,000

1 Acres ⋅ 98993287 MLS

LAND CLOSE TO TAMARACK WITH LAKE VIEW! One acre of level to gently sloped, forested ground is hard to find. Directly across the road from public land. Well, septic and power all in. Includes a storage shed. No CCR’s. NO HOA. Winter access. In the heart of a recreational paradise. Close to boat launches, hiking, mountain biking, hunting, skiing, ATVing, snowmobiling and huckleberry/morel picking! Ready for your dream cabin get-away!

1610 Bear Trail Loop, Donnelly

$349,000

1 Acres ⋅ 98991575 MLS

Imagine looking back a few years from now and saying, "I should have bought back in 2026." Just 2 miles south of Tamarack Resort, this build-ready mountain homesite offers an opportunity that's becoming harder to find. Power, and an installed 4 bedroom septic system, a professionally designed private surface water system with water rights are already in place, saving you time and expense. A year-round creek flows through the property, complimented by beautiful Lake Cascade views and towering pines. With no HOA or CCRs, you have the freedom to build the mountain retreat you've envisioned—from a custom home to a cabin, manufactured home, or tiny home. Enjoy skiing, boating, golfing, hiking, and mountain biking just minutes away while investing in an area poised for tremendous growth as Tamarack continues to expand. Build today and enjoy for generations to come.

1608 Bear Trail Loop, Cascade

$275,000

3.5 Acres ⋅ 98988574 MLS

Discover 3.5 acres in beautiful Donnelly, offering the perfect balance of privacy, recreation, and mountain living. Tucked among mature trees with stunning views of Lake Cascade, this property features an existing dry cabin and endless possibilities as a getaway retreat or Idaho adventure basecamp. Offered fully furnished and equipped, the property includes cabin furnishings, kitchen essentials, solar components, water storage systems, outdoor entertaining items, and additional equipment for immediate enjoyment. Complete list of included items available in the documents tab. Conveniently located near Donnelly, Tamarack Resort, Lake Cascade, boating, skiing, hiking, hunting, and year-round recreation. Whether you're looking for a weekend escape, recreational property, or future homesite, this unique property offers incredible potential in one of Idaho's premier mountain destinations.

123 Arling Trail, Donnelly

$275,000

192 SqFt. ⋅ 3.5 Acres ⋅ 98988567 MLS

123 Arling Trail, Donnelly

$189,000

1.8 Acres ⋅ 98983999 MLS

Wooded Camp or Building Lot that is one block off West Mountain Rd. There are No CC&R's or HOA Dues for this mountain retreat. Only a few miles from the Tamarack Resort entrance and the Public Boat launch area. This is an absolutely great location to come and enjoy the Cascade Reservoir experience along with the mountains and the many trails in the area. This is a Hard-to-Find Property that allows you to enjoy it in unlimited ways without HOA Restrictions! Feel free to walk the Property unaccompanied by your self or with your agent.......... COME CHECK IT OUT

1601 Bear Trail Loop, 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

$150,000

0.43 Acres ⋅ 98981128 MLS

Lake and mountain views await on this wooded property, offering the opportunity to selectively clear for even more expansive vistas. With no HOA or CC&Rs, you’ll enjoy the freedom to create your ideal retreat surrounded by a beautiful mix of mature trees. Ideally located for outdoor enthusiasts, this property provides easy access to ATV trails, hiking, and biking, as well as nearby lake recreation. Just a short distance away, Tamarack Resort continues to grow, offering year-round amenities including skiing, golfing, and a brand-new marina debuting this summer. Whether you're looking for a peaceful camping getaway or envisioning the potential for a future build site to enjoy for generations, this versatile lot shouldn’t be overlooked.

30 Burnt Wagon 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

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