$935,000 Active
201 Shirley Canyon Road #714
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
·
770 Sq Ft
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About This Property

A rare opportunity to own true slopeside at Palisades Tahoe Lodge. Residence 714 sits ideally positioned with direct ski-in/ski-out access and sweeping mountain views, just steps from the lifts in one of Tahoe's most sought-after locations. This one-bedroom condo features an updated kitchen, an open-concept living area with a gas fireplace, and a private balcony overlooking the slopes, creating a year-round setting to take in the mountain. The layout is functional and comfortable, well suited for personal use or strong rental potential. Palisades Tahoe Lodge delivers a full-service, resort-style experience built for effortless ownership. Amenities include on-site ski storage with valet and tuning services, tennis courts, a fitness center, health club and spa, sauna and steam rooms, indoor and outdoor hot tubs, a seasonal heated outdoor pool, and an on-site game room. Owners also benefit from a 24-hour front desk and concierge, housekeeping services, on-site rental and property management, covered parking, and bell service. Located just steps from Palisades Tahoe Village, residents enjoy immediate access to dining, shopping, and year-round recreation. Premier location, comprehensive amenities, and true ski-in/ski-out access combine for a seamless lock-and-leave lifestyle in one of Tahoe's most iconic destinations. Well-located ski-in/ski-out residences are limited, making this a compelling opportunity to own in Building 7, at the heart of Palisades Tahoe.

Listed by Jovanah McKinney — Serhant California, Inc.

Listing Details

Status Active
MLS # 20261736
Days on Market 1
Price/Sq Ft $1,214

Property History

Aug 19, 2026
Listed for sale
$935,000

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.

Property Overview
Beds 1
Baths 1.0
Sq. Ft. 770
Year Built 1999
Property Type Residential
Style Mountain
Subdivision Olympic Valley
County Placer
STR Jurisdiction Placer County
APN 096640015
Parking
Garage Spaces 1
Parking Features One, Attached, Oversized, Other
Attached Garage Yes
Exterior & Lot
Lot Features Ski Trail, Landscaped, Rental History, Tennis Court, Ski In/Ski Out
View Filtered, Panoramic, Mountain(s), Ski Resort
Construction Frame
Roof Composition
Foundation Concrete Perimeter
Pool & Spa
Pool Swimming Pool
Utilities & Systems
Heating Propane, CFAH, Hydronic
Financial
HOA Fee $2,074 / Monthly
HOA & Community
Community Amenities Pool, Tennis Court(s), Exercise Equipment, Other/See Remarks
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STR Investment Analysis

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

STR Investment Analysis

Yellow Zone
STRUCTURAL SCORE Premium
55
PROJECTED GROSS ANNUAL REVENUE
$32K – $59K typically ~$46,496
~$3,875 per month
Avg Nightly
$231
Occupancy
55%
Cap Rate
2.0%

STR Investment Summary — 201 Shirley Canyon Road #714, Olympic Valley

Est. Gross Annual Revenue
$32K – $59K
typically ~$46,496
Avg Nightly Rate
$231
Projected Occupancy
55.0%
Cap Rate
2.0%
Structural Score: 55 / 100 (Premium) · STR Zone: Yellow

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.

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% ($187,000)
Home price
$935,000
Loan details
30-yr fixed, 6.5%
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