Cascade Reservoir Homes for Sale

Welcome to Cascade Reservoir, a hidden gem nestled in the heart of Idaho's breathtaking Valley County, specifically within the charming city of Donnelly. This picturesque subdivision offers a unique blend of serene lakeside living and the majestic beauty of the surrounding mountains, making it an ideal destination for those seeking both adventure and tranquility.

Cascade Reservoir is renowned for its stunning landscapes, crystal-clear waters, and a plethora of recreational activities. Whether you enjoy fishing, boating, hiking, or simply soaking in the natural beauty, this area has something for everyone. The reservoir itself is a hub for outdoor enthusiasts, providing ample opportunities for summer fun and winter sports alike, with nearby ski resorts just a short drive away.

The homes for sale in Cascade Reservoir reflect the region's enchanting ambiance. Ranging from cozy cabins to spacious family homes, each property offers a unique charm and character, often featuring breathtaking views and easy access to the water. Imagine waking up to the sound of gentle waves lapping at the shore and sipping your morning coffee on a deck overlooking the reservoir.

In addition to the stunning natural surroundings, Cascade Reservoir is conveniently located near the vibrant community of Donnelly, where you can find local shops, restaurants, and community events that foster a strong sense of belonging.

Whether you’re looking for a year-round residence or a seasonal retreat, Cascade Reservoir invites you to explore its homes for sale and discover the perfect place to create lasting memories in Idaho's beautiful outdoors. Come experience the magic of Cascade Reservoir—your dream home awaits!

Newest Cascade Reservoir Homes for Sale

$275,000

192 SqFt. ⋅ 3.5 Acres ⋅ 98988567 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

$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

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