$542,500 Active
201 Shirley Canyon Road #203
Olympic Valley, CA 96146

Get condos like this by email

When a condo like this lists in Olympic Valley at a similar price and size, we email you the same day. No account needed.

✓ 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.
1.0 Baths
·
550 Sq Ft
Virtual Tour

Our data on this home

About This Property

Enjoy the convenience of ski-in/ski-out access to the Aerial Tram, KT-22, Wa She Shu, and Funitel lifts at Palisades Tahoe from this second-floor studio condo at Palisades Tahoe Lodge. This spacious studio features updated kitchen cabinetry, countertops and bathroom finishes. Palisades Tahoe Lodge offers an impressive array of amenities, including an outdoor swimming pool, multiple indoor and outdoor hot tubs, steam room, sauna, a fitness center, ski lockers, ski tuning and bike storage facilities, conference space. The on-site rental management program offers convenient potential for year-round rental income. Experience the ease of slopeside living with world-class skiing, hiking, biking, dining, and year-round recreation right outside your door, all just a short drive from Lake Tahoe.

Listed by Chiara Gajar — Lawrence Realty

Listing Details

Status Active
MLS # 20262191
Days on Market 1
Price/Sq Ft $986

Property History

Oct 31, 2026
Listed for sale
$542,500
Property Overview
Baths 1.0
Sq. Ft. 550
Year Built 1987
Property Type Residential
Style Mountain
Subdivision Olympic Valley
County Placer
STR Jurisdiction Placer County
APN 096552003
Parking
Garage Spaces 1
Parking Features One, Other
Attached Garage Yes
Exterior & Lot
Lot Features Condo/PUD Project, Landscaped, Rental History, Tennis Court, Ski In/Ski Out
View Filtered, Mountain(s)
Roof Composition
Foundation Concrete Perimeter
Pool & Spa
Pool Swimming Pool
Utilities & Systems
Heating Propane, CFAH
Financial
HOA Fee $1,929 / Monthly
HOA & Community
Community Amenities Pool, Tennis Court(s), Down Hill Skiing, Exercise Equipment, Other/See Remarks
📊

STR Investment Analysis

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

STR Investment Analysis

STR analysis
STRUCTURAL SCORE —
—
PROJECTED GROSS ANNUAL REVENUE
—
~— per month
Avg Nightly
—
Occupancy
—
Cap Rate
—

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)
$165,000
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

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

$5,208 per month
Principal & interest
$2,743/mo
Property taxes
$482/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
$1,929/mo
From MLS listing data.
Home insurance
$54/mo
CA FAIR Plan + DIC estimate, ~$600–$700/yr — wildfire-zone rates vary; not a bindable quote.
Down payment
20% ($108,500)
Home price
$542,500
Loan details
30-yr fixed, 6.5%
Request a Tour

We'll contact you soon.

R
Real Estate Tahoe
Real Estate Agent

Send a Message