$2,450,000 Active
1081 Sandy Way
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.
5 Beds
·
4.5 Baths
·
4,155 Sq Ft
Virtual Tour

About This Property

Offering exceptional value in Olympic Valley, this expansive mountain retreat is situated toward the end of a quiet cul-de-sac with sunny southern exposure, offering mountain views and abundant off-street parking. With over 4100 sqft of indoor living space, multiple outdoor seating areas, and a spacious level yard with a custom putting green. The versatile floor plan lives like three homes under one roof, featuring a main residence with two suites and a large secondary living area ideal for a bunk room, game room, or additional gathering space, plus two separate ADUs located above and below the garage, all with their own entrances and plentiful parking. This flexible layout is perfect for extended family, guests, multi-generational living, or rental income potential. Built as a primary residence for 'Master Plumber', Dale Cox of Squaw Valley Plumbing, the home showcases exceptional mechanical systems, including full-house hydronic radiant heating with individual thermostats and shut-offs in every room. Advanced hydronic snow-melt systems serve the driveway, walkways, and roof eaves, providing effortless winter maintenance. Additional highlights include a steam shower in the primary suite, extensive storage, a heated garage, 2 large level driveways, and a prime location near the bike path leading to the Village at Palisades Tahoe. A rare combination of size, flexibility, exceptional engineering/mechanics, and convenience, this property offers outstanding year-round living and easy access to world class recreation in the heart of Olympic Valley.

Listed by Brendan Boyle — Mountain Luxury Properties Tah

Listing Details

Status Active
MLS # 20261164
Price/Sq Ft $590

Property History

Jun 15, 2026
Listed for sale
$2,450,000
Property Overview
Beds 5
Baths 4.5
Sq. Ft. 4,155
Lot Size 0.28 acres
Stories 3
Year Built 1994
Property Type Single Family Residence
Style Mountain
Subdivision Olympic Valley
County Placer
STR Jurisdiction Placer County
APN 096-180-007-000
Parking
Parking Features Two
Exterior & Lot
Exterior Features Pantry,Landscaping,Rental History,High Speed Internet
Lot Features Downslope,Gentle
View Wooded,Mountain
Roof Composition
Foundation Perim Concrete
Utilities & Systems
Heating Propane,Hydronic,Radiant,In Floor
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STR Investment Analysis

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

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Excellent
87
PROJECTED ANNUAL REVENUE
$142,500 ($118K – $167K range)
~$11,875 per month
Avg Nightly
$485
Occupancy
68%
Cap Rate
5.2%

STR Investment Summary — 1081 Sandy Way, Olympic Valley

Est. Annual Revenue
$96,194
Avg Nightly Rate
$999
Projected Occupancy
26.1%
Cap Rate
1.6%
Structural Score: 72 / 100 (Premium) · STR Zone: Yellow

Based on comparable vacation rental performance data for Olympic Valley. 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% ($490,000)
Home price
$2,450,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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