Sold $935,000 $950,000 Closed
201 Shirley Canyon Road #302
Olympic Valley, CA 96146

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SOLD 2026-03-17
Sold for $935,000 (listed at $950,000)
1 Beds
·
1.0 Baths
·
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It sold for $935,000 on 2026-03-17, and prices have moved since. Three boxes: leave your number and Murat calls you with what it would sell for today, priced from the latest closed sales nearby.

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About This Property

Get ready to live your most epically adventurous life! Nestled at the base of the legendary Palisades Tahoe Ski area, The Palisades Tahoe Lodge boasts a location that is absolutely unbeatable! This is a true ski-in, ski-out paradise. Imagine: Step into your boots, walk out the door, clip into your boards, and traverse easily to the KT-22 or Wa She Shu Chair lifts to carve up Palisades' most legendary terrain. This spacious, contemporary one-bedroom condo is perfectly situated on the top floor end corner with vaulted ceilings and offers spectacular, jaw-dropping mountain and ski area views of KT-22, Red Dog ridge, and all your favorite runs! It’s a truly bespoke mountain experience unlike any other. With contemporary finishes and an elegant modern simplicity, this unit is designed to be your exciting yet peaceful mountain haven. The unit boasts full bath and kitchen with new appliances, new windows, custom track lighting, Hunter Douglas shades, new Karndean flooring and carpet, and custom painted murals of the peaks of Squaw Valley. Perched as the perfect retreat or family gathering spot, lit’s a simple, bespoke life filled with the exhilarating experiences you've earned. Just "set it and forget it"! Turn the key to this adventure and start living your mountain dream TODAY!

Listed by David Gemme — Sierra Sotheby's Int Realty TC

Listing Details

Status Closed
MLS # 20252588
Sold Date 2026-03-17
Sold Price $935,000

Property History

Dec 15, 2025
Listed for sale
$950,000
Current
Sold
$935,000
Property Overview
Beds 1
Baths 1.0
Year Built 1987
Property Type Residential
Style Modern
Subdivision Olympic Valley
County Placer
STR Jurisdiction Placer County
APN 096553002000
Parking
Garage Spaces 1
Parking Features One, Attached, Other
Attached Garage Yes
Exterior & Lot
Lot Features Ski Trail, Tennis Court, Ski In/Ski Out
View Lake, Peek, Mountain(s), Ski Resort, Meadow
Pool & Spa
Pool Swimming Pool
Financial
HOA Fee $2,204 / Monthly
HOA & Community
Community Amenities Pool, Tennis Court(s), Down Hill Skiing, Exercise Equipment, Other/See Remarks

STR Investment Summary — 201 Shirley Canyon Road #302, Olympic Valley

Est. Gross Annual Revenue
$30K – $60K
typically ~$45,000
Avg Nightly Rate
$224
Projected Occupancy
55.0%
Cap Rate
1.9%
Structural Score: 56 / 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

$2,200 – $2,500/yr
about $196/mo
Est. Rebuild Cost (Coverage A)
$570,000
FAIR Plan (fire)
$1,800/yr
DIC wrap (theft, water, liability)
$400 – $700/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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