$625,000 Active
1880 Village South Road
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.
1 Beds
·
1.0 Baths
·
563 Sq Ft

About This Property

Back on the market, after a long-term Summer rental...at a fantastic NEW PRICE! This is one of the premier 1-bedroom/1-bath properties in the entire Village at Palisades-Tahoe, and now is also one of the best values. Enjoy front-row access to a world-class ski resort, as well as all the base village shops, restaurant and resort amenities. This sunny, top-floor unit, with views towards the ski area, has a preferred floorplan and location. The recently completed updates makes it light and bright with modern designer touches. Come be a part of the future of Palisades Tahoe now that the new Village development has been approved. Be ahead of the game and get the best location in the base area, without paying the new construction price. You can also enjoy your new ski property NOW, instead of waiting 3-4 years.

Listed by Michael Murphy — COMPASS

Listing Details

Status Active
MLS # 20261684
Price/Sq Ft $1,110

Property History

Aug 12, 2026
Listed for sale
$625,000
Property Overview
Beds 1
Baths 1.0
Sq. Ft. 563
Year Built 2000
Property Type Residential
Style Mountain
Subdivision Olympic Valley
County Placer
STR Jurisdiction Placer County
APN 096652034
Parking
Parking Features None, Other
Exterior & Lot
Lot Features Ski Trail, Ski In/Ski Out
View Mountain(s), Ski Resort
Financial
HOA Fee $1,832 / Monthly
HOA & Community
Community Amenities Down Hill Skiing, Exercise Equipment
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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%

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% ($125,000)
Home price
$625,000
Loan details
30-yr fixed, 6.5%
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