$935,000 $995,000 ↓ $60,000 reduced
201 Shirley Canyon Road #714
Olympic Valley, CA 96146

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✓ STR Allowed — No Permit Needed
Placer County lists Palisades Tahoe Lodge 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.
1 Beds
·
1.0 Baths
·
770 Sq Ft

Our data on this home

About This Property

Ski-In/Ski-Out One-Bedroom Condo with Mountain Views at Palisades Tahoe Lodge! This beautifully upgraded one-bedroom condo at Palisades Tahoe Lodge offers a perfect blend of comfort, style, and convenience, with spectacular views of the mountain. Nestled in a prime location, this suite provides easy ski-in/ski-out access to the slopes and is just moments from the vibrant Palisades Tahoe Village. Featuring a refreshed kitchen, cozy living area with a gas fireplace, and a private balcony, providing an inviting space to unwind after a day on the mountain. Whether you’re relaxing by the fireplace or enjoying the stunning views of the valley and surrounding peaks, this one-bedroom retreat is designed for both relaxation and adventure. Take advantage of on-site amenities such as outdoor hot tubs, a fitness center, and convenient ski storage, all within the heart of one of Tahoe’s premier ski destinations. Don't miss the opportunity to experience the ultimate mountain lifestyle in this rarely-offered, well-located condo!

Listed by Jovanah McKinney — Sierra Sotheby's Int - Rock

Listing Details

Status Off Market
MLS # 20260023
Days on Market 282
Price/Sq Ft $1,214

Property History

Jan 07, 2026
Listed for sale
$995,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Feb 2025 $850,000 Jovanah McKinneyeXp Realty of California, Inc. Jovanah McKinneyeXp Realty of California, Inc.

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 1
Baths 1.0
Sq. Ft. 770
Stories 1
Year Built 1999
Property Type Residential
Style Mountain
Subdivision Olympic Valley
County Placer
STR Jurisdiction Placer County
APN 096-640-015-000
Parking
Parking Features One
Exterior & Lot
Exterior Features Phone,Cable TV,Swimming Pool,Tennis Court,High Speed Internet,Hot Tub,Sauna,Ski In/Ski Out
Lot Features Level
View Filtered,Panoramic,Mountain,Ski Resort
Construction Framed
Roof Composition
Foundation Perim Concrete
Utilities & Systems
Heating Propane,CFAH
HOA & Community
Community Amenities Pool,Tennis Courts,Exercise Equipment,Other/See Remarks
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STR Investment Analysis

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

STR Investment Analysis

STR analysis
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Home Insurance Estimate

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

$800 – $1,000/yr
about $75/mo
Est. Rebuild Cost (Coverage A)
$231,000
FAIR Plan (fire)
$700/yr
DIC wrap (theft, water, liability)
$100 – $300/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

$5,634 per month
Principal & interest
$4,728/mo
Property taxes
$831/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
$0/mo
From MLS listing data.
Home insurance
$75/mo
CA FAIR Plan + DIC estimate, ~$800–$1,000/yr — wildfire-zone rates vary; not a bindable quote.
Down payment
20% ($187,000)
Home price
$935,000
Loan details
30-yr fixed, 6.5%
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