$1,200,000 Pending
1850 Village South Road #4-419
Olympic Valley, CA 96146
✓ STR Allowed — No Permit Needed
Placer County lists the Village at Palisades Tahoe as an approved condo-hotel (county list of March 16, 2026), so its units need no county STR permit. Check the building's own rental rules.
2 Beds
·
2.0 Baths
·
893 Sq Ft
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About This Property

This top-floor Village at Palisades condo is tastefully updated and features high ceilings in the living room offering lovely natural light, a stone gas fireplace for cozy evenings and beautiful mountain and sunset views towards Shirley Canyon. The modern kitchen offers granite countertops, stainless steel appliances, and a bar top counter that flows into the dining and living spaces, creating an inviting setting for entertaining or relaxing after a day outdoors. Comfortable floor plan, private deck, underground garage parking and stylish finishes throughout complete the experience. Ideally located in the heart of the Village with easy access to skiing, hiking, dining, shopping, and year-round recreation, this turnkey condo delivers the ultimate mountain lifestyle. HOA offers hot tubs, saunas, exercise equipment, a pool table, a media room, owner and renter ski lockers in various locations through the Village.

Listed by Chiara Gajar — Lawrence Realty

Listing Details

Status Pending
MLS # 20260906
Days on Market 136
Price/Sq Ft $1,344

Property History

May 21, 2026
Listed for sale
$1,200,000
Sep 05, 2026
Pending
$1,200,000
Property Overview
Beds 2
Baths 2.0
Sq. Ft. 893
Year Built 2002
Property Type Residential
Style Mountain
Subdivision Olympic Valley
County Placer
STR Jurisdiction Placer County
APN 096680015
Parking
Garage Spaces 1
Parking Features One, Attached, Other
Attached Garage Yes
Exterior & Lot
Lot Features Condo/PUD Project, Ski In/Ski Out
View Mountain(s)
Foundation Concrete Perimeter, Other
Utilities & Systems
Heating Propane, Baseboard
Financial
HOA Fee $2,127 / Monthly
HOA & Community
Community Amenities Exercise Equipment, Other/See Remarks
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STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Premium
72
PROJECTED GROSS ANNUAL REVENUE
$25K – $60K typically ~$40,000
~$3,333 per month
Avg Nightly
$212
Occupancy
52%
Cap Rate
1.3%

STR Investment Summary — 1850 Village South Road #4-419, Olympic Valley

Est. Gross Annual Revenue
$25K – $60K
typically ~$40,000
Avg Nightly Rate
$212
Projected Occupancy
51.6%
Cap Rate
1.3%
Structural Score: 72 / 100 (Premium) · STR Zone: Green

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.

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

$9,349 per month
Principal & interest
$6,068/mo
Property taxes
$1,066/mo
1.0659% of the price, Placer County's 2025-26 rate, plus direct charges: California re-assesses a home at its sale price.
HOA dues
$2,127/mo
From MLS listing data.
Home insurance
$88/mo
CA FAIR Plan + DIC estimate, ~$1,000–$1,100/yr — wildfire-zone rates vary; not a bindable quote.
Down payment
20% ($240,000)
Home price
$1,200,000
Loan details
30-yr fixed, 6.5%
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