Sold $1,800,000 $1,990,000 Closed
1221 Sandy Way
Olympic Valley, CA 96146

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SOLD 2025-11-17
Sold for $1,800,000 (listed at $1,990,000)
4 Beds
·
3.0 Baths
·
1,872 Sq Ft
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Our data on this home

About This Property

Live the Olympic Valley Lifestyle – Year-Round Adventure Awaits! Wake up in Olympic Valley and step into a life of four-season adventure. In the winter, hop on the Mountaineer shuttle to the slopes of Palisades Tahoe, world-class restaurants, and boutique retail. In summer, bike to Lake Tahoe, hike the breathtaking Shirley Canyon trail, or join the locals every Tuesday at the beloved Bluesdays for live music, dancing, and vibrant community energy. This ideally located 4-bedroom home is just moments from the ski lifts and offers stunning views of the surrounding mountains and trees. Set on a generous lot with a spacious backyard and a large deck for relaxing or entertaining, it’s your private alpine basecamp. Inside, you’ll find a freshly painted interior, upgraded kitchen, and open-concept living that flows seamlessly to the outdoors. Two bedrooms are on the main level, while two primary suites downstairs each feature beautifully updated bathrooms—perfect for hosting family and friends in comfort and style. Recent improvements include a brand-new roof, newly stained exterior and decks, and a fresh, turnkey feel throughout. With the planned expansion of The Village bringing even more amenities to your doorstep, this is a smart move for those seeking both lifestyle and long-term value.

Listed by Valerie Forte — COMPASS

Listing Details

Status Closed
MLS # 20251782
Sold Date 2025-11-17
Sold Price $1,800,000
Price/Sq Ft $1,063

Property History

Aug 07, 2025
Listed for sale
$1,990,000
Current
Sold
$1,800,000
Property Overview
Beds 4
Baths 3.0
Sq. Ft. 1,872
Lot Size 0.28 acres
Year Built 1955
Property Type Single Family Residence
Style Mountain
Subdivision Olympic Valley
County Placer
STR Jurisdiction Placer County
APN 096170009000
Parking
Parking Features None, Parking Pad
Exterior & Lot
Lot Features Street, Rental History
View Trees/Woods, Mountain(s)
Construction Frame, Wood Siding
Roof Composition
Foundation Concrete Perimeter
Utilities & Systems
Heating Propane, CFAH

STR Investment Summary — 1221 Sandy Way, Olympic Valley

Est. Gross Annual Revenue
$50K – $90K
typically ~$70,000
Avg Nightly Rate
$387
Projected Occupancy
49.6%
Cap Rate
1.4%
Structural Score: 52 / 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.

Home Insurance Estimate

California FAIR Plan fire policy + a DIC wrap policy, the usual Tahoe setup

$2,900 – $3,400/yr
about $262/mo
Est. Rebuild Cost (Coverage A)
$786,240
FAIR Plan (fire)
$2,400/yr
DIC wrap (theft, water, liability)
$500 – $1,000/yr

Estimate from this ZIP's California FAIR Plan rates (Plan data as of 6/30/2026, with the 29.1% increase effective 10/15/2026) on an estimated rebuild cost, plus a DIC policy at 20–40% of the FAIR premium. Not a bindable quote; a local broker quote depends on the home's age, roof, defensible space and claims history.

See it in the monthly payment Tahoe wildfire insurance costs
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