$2,850,000 Active
1003 Lanny Lane
Olympic Valley, CA 96146
✓ STR Allowed — Permit Required
Placer County STR permit required. County-wide cap of 3,900 permits — new permits available until cap is reached.
📋 STR Permit on File
Placer County's public short-term-rental registry shows a permit on file for this home. Permits never transfer with a sale — a buyer applies for their own.
6 Beds
·
3.5 Baths
·
3,920 Sq Ft

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About This Property

Experience the mountain lifestyle in this 6-bedroom, 3.5-bathroom beautiful home in Olympic Valley, offering views of Palisades Tahoe ski resort. With 3,920 sq. ft. of beautifully designed living space and level access into a 2-car garage, this home blends mountain charm with modern elegance. The main level is designed for gathering, featuring a spacious living area with breathtaking views, a fully updated chef’s kitchen, a media room, a cozy den, and 2 ensuite bedrooms for privacy and comfort. Updated bathrooms throughout the home add a touch of sophistication, while the bunk room provides the perfect space for kids. Step outside to the expansive deck, complete with a private hot tub—ideal for relaxing after a day on the slopes. Close by Palisades Village, you’ll enjoy year-round access to world-class skiing, dining, shopping, and seasonal festivals. Whether you’re seeking a family retreat or an investment opportunity, this home offers proven rental income potential while providing the luxury mountain experience you’ve been waiting for.

Listed by Roland Lawrence — Lawrence Realty

Listing Details

Status Active
MLS # 20262053
Price/Sq Ft $727

Property History

Oct 02, 2026
Listed for sale
$2,850,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Oct 2017 · county record $1,499,000 Deed record — brokerage sides not reported

MLS closed sales, with duplicate ingestions collapsed and lease records excluded, so each row is a distinct transaction. Rows marked county record come from the assessor's deed data, which reaches back further than the MLS feed; rows marked via a listing site fill the years the feed misses using that site's public sale record.

Property Overview
Beds 6
Baths 3.5
Sq. Ft. 3,920
Lot Size 0.36 acres
Year Built 1970
Property Type Single Family Residence
Style Mountain
Subdivision Olympic Valley
County Placer
STR Jurisdiction Placer County
APN 096180037
Parking
Garage Spaces 2
Parking Features Two, Attached
Attached Garage Yes
Exterior & Lot
Lot Features Street
View Panoramic, Mountain(s), Golf Course, Ski Resort
Roof Composition
Utilities & Systems
Heating Propane, CFAH
📊

STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Yellow Zone
STRUCTURAL SCORE Premium
72
PROJECTED GROSS ANNUAL REVENUE
$45K – $125K typically ~$100,000
~$8,333 per month
Avg Nightly
$578
Occupancy
47%
Cap Rate
1.4%

STR Investment Summary — 1003 Lanny Lane, Olympic Valley

Est. Gross Annual Revenue
$45K – $125K
typically ~$100,000
Avg Nightly Rate
$578
Projected Occupancy
47.4%
Cap Rate
1.4%
Structural Score: 72 / 100 (Premium) · STR Zone: Yellow

Based on comparable vacation rental performance data for Olympic Valley. Gross of management, cleaning and platform fees. Assumes full-year availability, professional management and dynamic pricing; owner use reduces it. Revenue projections are estimates and may vary.

Cost Segregation Tax Savings

Estimated first-year bonus depreciation savings

Estimated First-Year Tax Savings
$0
via bonus depreciation
Land Value
$0
Improvement Basis
$0
5-Year Property (18%)
$0
15-Year Property (10%)
$0
Estimates are for informational purposes only and do not constitute tax advice. Consult a qualified CPA or tax professional for your specific situation. Actual savings depend on individual tax circumstances.

Payment calculator

$17,668 per month
Principal & interest
$14,411/mo
Property taxes
$2,532/mo
1.0659% of the price, Placer County's 2025-26 rate, plus direct charges: California re-assesses a home at its sale price.
HOA dues
$0/mo
From MLS listing data.
Home insurance
$725/mo
CA FAIR Plan + DIC estimate, ~$8,000–$9,400/yr — wildfire-zone rates vary; not a bindable quote.
Down payment
20% ($570,000)
Home price
$2,850,000
Loan details
30-yr fixed, 6.5%
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