$1,095,000 Active
1004 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.
3 Beds
·
2.0 Baths
·
1,967 Sq Ft
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About This Property

Set among the pines on a 0.24-acre lot in one of Olympic Valley’s most desirable locations, 1004 Lanny Lane is a rare Olympic-era cabin being offered for sale for the first time. Just minutes from Palisades Tahoe, it puts powder days, summer rides, hiking trails, and time along the Truckee River within easy reach. The three-bedroom, two-bathroom home welcomes you with a spacious foyer for skis, boots, and all the gear that comes with mountain living. Upstairs, the expansive living room draws everyone together beneath soaring ceilings. Warm wood finishes, original hardwood floors, and a wood-burning fireplace surrounded by stone give the space its enduring character. The floors continue into the open-concept kitchen, while French doors lead to a sunny deck with views of the valley, a place to linger after a day outdoors. The home’s distinct levels offer room to gather and room to retreat. Two guest bedrooms occupy their own level, and the spacious primary bedroom and bathroom encompass the top floor. The primary bedroom can open to the living room below, creating a connection to the heart of the home. High ceilings distinguish each bedroom, while fresh paint and new LVP flooring complement the original woodwork. A large basement provides storage, laundry, and utility space. With world-renowned skiing minutes away, biking and hiking close at hand, and Lake Tahoe a short drive from home, every season brings a reason to be here. Rich in history and ready for a new vision. Here, the best of Olympic Valley becomes part of your everyday.

Listed by Jovanah McKinney — Serhant California, Inc.

Listing Details

Status Active
MLS # 20262006
Days on Market 3
Price/Sq Ft $557

Property History

Sep 23, 2026
Listed for sale
$1,095,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Nov 2000 · county record $275,000 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 3
Baths 2.0
Sq. Ft. 1,967
Lot Size 0.24 acres
Year Built 1967
Property Type Single Family Residence
Style Contemporary
Subdivision Olympic Valley
County Placer
STR Jurisdiction Placer County
APN 096200018000
Parking
Parking Features None, Parking Pad
Exterior & Lot
Lot Features Street
View Filtered, Trees/Woods, Mountain(s), Ski Resort
Construction Frame
Roof Composition
Utilities & Systems
Heating Propane, CFAH
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STR Investment Analysis

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

STR Investment Analysis

Yellow Zone
STRUCTURAL SCORE Standard
51
PROJECTED GROSS ANNUAL REVENUE
$35K – $75K typically ~$45,000
~$3,750 per month
Avg Nightly
$242
Occupancy
51%
Cap Rate
1.6%

STR Investment Summary — 1004 Lanny Lane, Olympic Valley

Est. Gross Annual Revenue
$35K – $75K
typically ~$45,000
Avg Nightly Rate
$242
Projected Occupancy
51.0%
Cap Rate
1.6%
Structural Score: 51 / 100 (Standard) · 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

$0 per month
Principal & interest
$0
Property taxes
$0
HOA dues
$0
From MLS listing data.
Home insurance
$0
Insurance estimate only — Tahoe wildfire-zone rates vary; get a local broker quote for accuracy.
Down payment
20% ($219,000)
Home price
$1,095,000
Loan details
30-yr fixed, 6.5%
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