$1,150,000
1985 Olympic Valley Road #216 (2-216)
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.
2
Beds
·
2.0
Baths
·
896
Sq Ft
About This Property
Best-priced Village 2-Bedroom is recently refreshed and Premier for Palisades Tahoe rental program earning higher rates and larger split. Boot up and grab your skis from the Village-level locker - it's only a few steps to the lifts. Village amenities include 8 hot tubs, 4 saunas, 3 fitness rooms, billiards, kids' room, media room, guest & owner ski lockers, bike storage, and underground parking. Dues include all utilities and insurance, except contents & liability policy. Ditch the red-light parade and start living slopeside this winter.
Listed by Suzanne Gale — COMPASS
Listing Details
Status
Active
MLS #
20260108
Days on Market
69
Price/Sq Ft
$1,283
Property History
Jan 23, 2026
Listed for sale
$1,150,000
Property Overview
Beds
2
Baths
2.0
Sq. Ft.
896
Stories
1
Year Built
2002
Property Type
Residential
Style
Mountain
Subdivision
Olympic Valley
County
Placer
STR Jurisdiction
Placer County
APN
096-650-013
Parking
Parking Features
One
Financial
HOA Fee
$2,246
HOA / Community
https://sites.google.com/view/firstascentoa/home
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 — 1985 Olympic Valley Road #216 (2-216), Olympic Valley
Est. Annual Revenue
$40,129
Avg Nightly Rate
$289
Projected Occupancy
37.8%
Cap Rate
1.4%
Structural Score: 53 / 100 (Standard)
· 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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($230,000)
Home price
$1,150,000
Loan details
30-yr fixed, 6.5%
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