Sold $525,000 $549,000 Closed
201 Shirley Canyon Road #233
Olympic Valley, CA 96146

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SOLD 2026-02-24
Sold for $525,000 (listed at $549,000)
1.0 Baths
·
562 Sq Ft
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About This Property

Turnkey mountain studio at Palisades Tahoe Lodge, offering peaceful mountain views overlooking the tennis courts and the beautiful Shirley Canyon. This fully furnished studio is thoughtfully laid out with a comfortable living and sleeping areas, efficient kitchenette, and large windows that bring in natural light and alpine scenery. Enjoy ski-in/ski-out convenience with immediate access to world-class skiing, hiking, dining, and the Village at Palisades Tahoe. Owners and guests enjoy resort-style amenities including a swimming pool, indoor and outdoor hot tubs, steam and dry saunas, fitness center, owner lounges, ski lockers, covered parking, and on-site management. Ideal as a personal mountain retreat or income-producing property with excellent rental potential. A great opportunity to own a low-maintenance foothold in one of Tahoe’s most iconic destinations.

Listed by Chiara Gajar — Lawrence Realty

Listing Details

Status Closed
MLS # 20252582
Sold Date 2026-02-24
Sold Price $525,000
Price/Sq Ft $977

Property History

Dec 14, 2025
Listed for sale
$549,000
Current
Sold
$525,000
Property Overview
Baths 1.0
Sq. Ft. 562
Year Built 1987
Property Type Residential
Style Mountain
Subdivision Olympic Valley
County Placer
STR Jurisdiction Placer County
APN 096555009
Parking
Garage Spaces 1
Parking Features One, Attached, Other, Parking Pad
Attached Garage Yes
Exterior & Lot
Lot Features Condo/PUD Project, Tennis Court, Ski In/Ski Out
View Mountain(s)
Pool & Spa
Pool Swimming Pool
Utilities & Systems
Heating CFAH
Financial
HOA Fee $1,657 / Monthly
HOA & Community
Community Amenities Pool, Tennis Court(s), Exercise Equipment, Other/See Remarks

Home Insurance Estimate

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

$600 – $700/yr
about $54/mo
Est. Rebuild Cost (Coverage A)
$168,600
FAIR Plan (fire)
$500/yr
DIC wrap (theft, water, liability)
$100 – $200/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
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