Donnelly Homes with Two Story w/ Below Grade Stories

Welcome to Donnelly, Idaho – a hidden gem nestled in the heart of Valley County. This picturesque town is surrounded by stunning natural beauty, including the majestic Payette National Forest and the shimmering waters of Lake Cascade. Donnelly offers a perfect blend of outdoor adventure and small-town charm, making it an ideal place for families and nature enthusiasts alike.

Donnelly is renowned for its year-round recreational opportunities. In the winter, the nearby Tamarack Resort transforms into a snowy wonderland, perfect for skiing, snowboarding, and snowmobiling. As the seasons change, hiking, fishing, and boating take center stage, with the breathtaking landscapes providing a perfect backdrop for all your outdoor activities. The community is warm and welcoming, with local events and festivals that celebrate the unique culture and spirit of this vibrant town.

If you’re searching for the perfect home in this idyllic setting, look no further than our stunning two-story homes with below-grade stories. These thoughtfully designed residences offer spacious living areas, modern amenities, and the added bonus of extra space for recreation or storage in the lower levels. Imagine enjoying your morning coffee on a sun-drenched deck, followed by a day of adventure in the great outdoors, and returning to a cozy retreat that feels like home.

Donnelly’s real estate market is thriving, presenting an excellent opportunity for both buyers and investors. Discover the charm of Donnelly and the beauty of two-story homes with below-grade stories that are waiting to welcome you to this enchanting Idaho community!

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 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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