$1,995,000 Active
1600 Christy 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.
4 Beds
·
2.0 Baths
·
1,648 Sq Ft
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About This Property

Perhaps THE Premier location at Palisades Tahoe Ski Area with an original "Mountain Modern" house has spectacular views of KT22 and Red Dog! Designed by the renowned architect, Henrick Bull, this recently updated home and 2 car garage are located on a lush, oversized lot. Beautifully maintained, the property with mature landscaping, native plants, wildflowers and flowering gardens is set up as 2 separate apartments. (Placer County shows zoning as SF / Halfplex) The 2 separate apartments consist of 2 bedrooms , 1 bathroom and a full kitchen each. *In addition to the 4 bedrooms, 2 bathrooms upstairs, downstairs there is separate entry to the bonus room; a studio /1 bedroom with a full bathroom and shaded deck. Walk or just a short drive to the Village at Palisades' activities, shops and restaurants. In winter, enjoy the free on-demand rides to skiing, snowboarding, the Village at Palisades and Alpine Meadows with "Mountaineer" shuttles.

Listed by Tamara McKinney — Sierra Sotheby's Int Realty TC

Listing Details

Status Active
MLS # 20261495
Days on Market 1
Price/Sq Ft $1,211

Property History

Jul 18, 2026
Listed for sale
$1,995,000
Property Overview
Beds 4
Baths 2.0
Sq. Ft. 1,648
Year Built 1960
Property Type Single Family Residence
Style Modern
Subdivision Olympic Valley
County Placer
STR Jurisdiction Placer County
APN 096122017000
Parking
Garage Spaces 2
Parking Features Two, Detached
Attached Garage Yes
Exterior & Lot
Lot Features Street, Rental History
View Mountain(s)
Construction Frame
Roof Composition
Foundation Concrete Perimeter
Utilities & Systems
Heating Propane, Wood Stove
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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 — 1600 Christy Lane, Olympic Valley

Est. Annual Revenue
$52,114
Avg Nightly Rate
$283
Projected Occupancy
50.4%
Cap Rate
1.0%
Structural Score: 68 / 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% ($399,000)
Home price
$1,995,000
Loan details
30-yr fixed, 6.5%
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