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. The 2 separate apartments consist of 2 bedrooms , 1 bathroom and a full kitchen each. *In addition to the 2 - 2 bedroom, 2 bathroom apartments upstairs, there is separate entry downstairs to the "bonus room"; a 1 bedroom studio 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
See projected rental revenue, occupancy rates, and investment scores.
STR Investment Analysis
Yellow Zone
STRUCTURAL SCOREPremium
67
PROJECTED GROSS ANNUAL REVENUE
$25K – $80Ktypically ~$50,000
~$4,167 per month
Avg Nightly
$272
Occupancy
50%
Cap Rate
1.1%
STR Investment Analysis
STRUCTURAL SCORE
PROJECTED GROSS ANNUAL REVENUE
Avg Nightly
Occupancy
Cap Rate
Est. NOI
Net Operating Income = annual gross rental revenue minus operating expenses (cleaning, property management, taxes, insurance, HOA, utilities, maintenance, supplies) — but before mortgage payments.
We estimate it as NOI = Projected Annual Revenue × 40%, assuming ~60% of gross goes to operating expenses on a typical Tahoe STR.
NOI feeds the cap rate below: Cap Rate = NOI ÷ List Price.
Legal Occupancy
MONTHLY REVENUE
AVERAGE DAILY RATE
ADJUSTED OCCUPANCY
Estimates based on 2024-2025 comparable rental performance. Actual results vary.
STR Investment Summary — 1600 Christy Lane, Olympic Valley
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.
Remove and replace existing 100-amp overhead meter-main service equipment with new 100-amp meter-main combination panel in the existing location. Reconnect existing branch circuits and upgrade grounding and bonding to current code requirements. No service size increase. Like-for-like panel replacement. CURRENT PANEL AMPERAGE: 100 PROPOSED PANEL AMPERAGE: 100 CHANGE OUT / NEW: Change Out - Like for Like
Permit #BLD26-04149
Building-Non-SFD · 2013-09-03
Expired
2010 CRC CRC 327.5 ROOF COVERINGS, VALLEY AND GUTTER PROTECTION REQUIRED REROOF PERMIT FOR: SINGLE FAMILY DWELLING REPLACE FLAT ROOF MINIMUM CLASS A ROOFING ASSEMBLY REQUIRED THE ROOF COVERING INSTALLED ON THE STRUCTURE IDENTIFIED ABOVE MUST BE INSTALLED PER THE MANUFACTURER'S REQUIREMENTS FOR INSTALLATION.
Permit #529645
Building/Residential/Full Review/NA
DONE
Permit #TCON 34951
Building/Residential/Full Review/NA
DONE
Permit #TCON 17703-1
Building/Residential/Full Review/NA
DONE
Permit #TCON 9791
Building/Residential/Full Review/NA
DONE
Permit #TCON 34952
Public permit records from the Placer County permit portal, last checked 2026-09-05. Open permits should be finaled or closed before close of escrow; verify current permit status directly with the county.
Cost Segregation Tax Savings
Estimated first-year bonus depreciation savings
Estimated First-Year Tax Savings
$0
via bonus depreciation
Using estimated land ratio. Actual ratio may vary based on county assessment.
Land Value
$0
Improvement Basis
$0
5-Year Property (18%)
$0
15-Year Property (10%)
$0
How Cost Segregation Works:
Cost segregation reclassifies building components into shorter depreciation categories, allowing accelerated deductions.
Calculation:
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.
