Sold $1,600,000 $1,695,000 Closed
1281 Sandy Way
Olympic Valley, CA 96146

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SOLD 2025-11-21
Sold for $1,600,000 (listed at $1,695,000)
4 Beds
·
4.0 Baths
·
2,640 Sq Ft

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It sold for $1,600,000 on 2025-11-21, and prices have moved since. Three boxes: leave your number and Murat calls you with what it would sell for today, priced from the latest closed sales nearby.

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Our data on this home

About This Property

This lovely mountain home in Olympic Valley offers a main house with four bedrooms and three bathrooms plus a two car garage. Below the garage is a charming studio apartment, perfect for a caretaker or overflow guests. Well cared for and ready to use, this home is perfect for mountain enthusiasts, who want to be close to Palisades Tahoe ski area. Bright and sunny location, nice views of Red Dog Ridge of Palisades Tahoe Ski Area, this could your piece of mountain paradise. Other features include: off street parking, good size lot with room to expand and covered stairs from garage to reduce shoveling efforts on those big storm days. Lake Tahoe is just a short drive away adding to the array of year round activities.

Listed by Chiara Gajar — Lawrence Realty

Listing Details

Status Closed
MLS # 20252116
Sold Date 2025-11-21
Sold Price $1,600,000
Price/Sq Ft $642

Property History

Sep 10, 2025
Listed for sale
$1,695,000
Current
Sold
$1,600,000
Property Overview
Beds 4
Baths 4.0
Sq. Ft. 2,640
Lot Size 0.23 acres
Year Built 1974
Property Type Single Family Residence
Style Modified A-Frame
Subdivision Olympic Valley
County Placer
STR Jurisdiction Placer County
APN 096160017
Parking
Garage Spaces 2
Parking Features Two, Detached
Attached Garage Yes
Exterior & Lot
Lot Features Street
View Panoramic, Mountain(s), Golf Course, Ski Resort, Meadow
Roof Metal, Shake/Shingle, Other
Foundation Concrete Perimeter
Utilities & Systems
Heating Electric

STR Investment Summary — 1281 Sandy Way, Olympic Valley

Est. Gross Annual Revenue
$50K – $105K
typically ~$75,000
Avg Nightly Rate
$408
Projected Occupancy
50.4%
Cap Rate
1.8%
Structural Score: 63 / 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.

Home Insurance Estimate

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

$4,100 – $4,800/yr
about $371/mo
Est. Rebuild Cost (Coverage A)
$1,108,800
FAIR Plan (fire)
$3,400/yr
DIC wrap (theft, water, liability)
$700 – $1,400/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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