$1,585,000 Active
1850 Village South Road #218 (4-218)
Olympic Valley, CA 96146

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✓ 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
·
1,098 Sq Ft
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Our data on this home

About This Property

Come home from the hill to unwind in 218 West, an updated and spacious Village 2-. Spread out with the tribe and point out your day's lines on KT. Head down the hall to the hot tubs with the best views in the Village, then out for dinner and a evening stroll in the falling snow. Ah! another powder day tomorrow and no drive or shovel needed. 218 West is offered mostly furnished sans the live-edge coffee table; the Keokis are available separately. Images in televisions and fire in fireplace added by photographer. HOA dues include all utilities including wifi and DirecTV hotel signal, and all insurance except your contents & liability policy. NO Mello Roos, No Private Transfer Fee. Optional onsite rental program, rent on your own or just enjoy with your family and friend like the Owner has enjoyed.

Listed by Suzanne Gale — COMPASS

Listing Details

Status Active
MLS # 20262193
Price/Sq Ft $1,444

Property History

Nov 01, 2026
Listed for sale
$1,585,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Jul 2014 · county record $615,000 Deed record — brokerage sides not reported

MLS closed sales, with duplicate ingestions collapsed and lease records excluded, so each row is a distinct transaction. Rows marked county record come from the assessor's deed data, which reaches back further than the MLS feed; rows marked via a listing site fill the years the feed misses using that site's public sale record.

Property Overview
Beds 2
Baths 2.0
Sq. Ft. 1,098
Year Built 2003
Property Type Residential
Style Contemporary
Subdivision Olympic Valley
County Placer
STR Jurisdiction Placer County
APN 096672012
Parking
Garage Spaces 1
Parking Features One
Attached Garage Yes
Exterior & Lot
Lot Features Condo/PUD Project
Financial
HOA Fee $6,381 / Quarterly
📊

STR Investment Analysis

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

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Premium
60
PROJECTED GROSS ANNUAL REVENUE
$25K – $55K typically ~$40,000
~$3,333 per month
Avg Nightly
$206
Occupancy
53%
Cap Rate
1.0%

STR Investment Summary — 1850 Village South Road #218 (4-218), Olympic Valley

Est. Gross Annual Revenue
$25K – $55K
typically ~$40,000
Avg Nightly Rate
$206
Projected Occupancy
53.3%
Cap Rate
1.0%
Structural Score: 60 / 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.

Home Insurance Estimate

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

$1,200 – $1,400/yr
about $108/mo
Est. Rebuild Cost (Coverage A)
$329,400
FAIR Plan (fire)
$1,000/yr
DIC wrap (theft, water, liability)
$200 – $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

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

$11,126 per month
Principal & interest
$8,015/mo
Property taxes
$1,408/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
$1,595/mo
From MLS listing data.
Home insurance
$108/mo
CA FAIR Plan + DIC estimate, ~$1,200–$1,400/yr — wildfire-zone rates vary; not a bindable quote.
Down payment
20% ($317,000)
Home price
$1,585,000
Loan details
30-yr fixed, 6.5%
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