$839,000 Active
1591 Olympic Valley Road #29
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.
2 Beds
·
2.0 Baths
·
996 Sq Ft
Virtual Tour

About This Property

Welcome to The Meadows, one of Olympic Valley’s most peaceful and quietly coveted condo settings. Tucked away from the main road yet remarkably close to the heart of Palisades Tahoe, this well-maintained 2-bedroom, 2-bath mountain retreat captures the rare balance of privacy, scenery, and walkable convenience. Set along a greenbelt with Washeshu Creek, The Links at Everline golf course, and sweeping views toward Palisades Tahoe, this condo offers a front-row connection to the natural beauty of Olympic Valley. Large windows frame views of the meadow, creek, golf course, and mountain/resort, creating an inspiring backdrop for everyday living. Relax by the fireplace after a powder day, enjoy summer evenings on the deck, and watch the morning light move across the peaks. The open kitchen, dining, and living areas create an easy flow for gathering, while updated kitchen appliances, a primary suite, second bedroom, in-unit laundry, and exterior storage for skis and gear add comfort and convenience. Walk to Palisades Tahoe, The Village, restaurants, shops, and events. The bike path passes by the driveway, offering direct access along the Truckee River corridor toward Tahoe City. With panoramic views, a greenbelt, creekside setting, and rare walkability to Palisades Tahoe, this condo offers a special opportunity to own a peaceful mountain retreat in one of Tahoe’s most iconic year-round destinations. Offered turn-key for convenience.

Listed by David Westall — Sierra Sotheby's Int - Rock

Listing Details

Status Active
MLS # 20261116
Days on Market 4
Price/Sq Ft $842

Property History

Jun 09, 2026
Listed for sale
$839,000
Property Overview
Beds 2
Baths 2.0
Sq. Ft. 996
Lot Size 0.19 acres
Stories 1
Year Built 1991
Property Type Residential
Style Mountain
Subdivision Olympic Valley
County Placer
STR Jurisdiction Placer County
APN 096-102-029
Parking
Parking Features None
Exterior & Lot
Exterior Features High Ceilings
Lot Features Level,Gentle
View Panoramic,Mountain,Golf,Ski Resort,River/Creek,Meadow
Construction Framed,Wooded
Roof Composition
Foundation Perim Concrete
Utilities & Systems
Heating Propane,CFAH
Financial
HOA Fee $3,172
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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 — 1591 Olympic Valley Road #29, Olympic Valley

Est. Annual Revenue
$41,431
Avg Nightly Rate
$272
Projected Occupancy
41.3%
Cap Rate
2.0%
Structural Score: 53 / 100 (Standard) · 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% ($167,800)
Home price
$839,000
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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