$800,000 Closed
201 Shirley Canyon Road #311
Olympic Valley, CA 96161
SOLD 2025-10-09
Sold for $800,000
1 Beds
·
2.0 Baths
·
914 Sq Ft
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About This Property

Experience true ski-in/ski-out living in this top-floor, 1-bedroom + loft, 2-bathroom suite at Palisades Tahoe Lodge that also offers a stunning view of the surrounding peaks. Combining mountain ambiance with sophisticated comfort, this two-story retreat features a lower-level sleeping area, full bath, open living space, and kitchenette—ideal for après-ski gatherings. Upstairs, a spacious en-suite master boasts soaring ceilings and ample storage. Located just steps from your favorite chairlifts and a short stroll to the Village for shopping and dining, this condo offers year-round adventure. Enjoy hiking, mountain biking, and golfing in the summer, plus access to the Lodge’s heated pool for added relaxation. Easily placed on the rental program for earning potential, this is the perfect investment and getaway! As a resident of Palisades Tahoe Lodge, you'll enjoy exclusive HOA amenities, including a large gym, steam room, sauna, and indoor/outdoor hot tubs—perfect for relaxing after a day of adventure. Situated directly on the slopes of Palisades Tahoe, this condo offers premier access to world-class skiing and snowboarding in the winter. In the warmer months, enjoy hiking, mountain biking, and golfing right outside your door.

Listed by Sami Bass — Home and Slate Real Estate

Listing Details

Status Closed
MLS # 20250426
Sold Date 2025-10-09
Sold Price $800,000
Price/Sq Ft $875

Property History

Mar 27, 2025
Listed for sale
$850,000
Current
Sold
$800,000
Property Overview
Beds 1
Baths 2.0
Sq. Ft. 914
Year Built 1987
Property Type Residential
Style Mountain
Subdivision Olympic Valley
County Placer
STR Jurisdiction Placer County
APN 096553011000
Parking
Garage Spaces 2
Parking Features Two, Oversized, Other, Parking Pad
Attached Garage Yes
Exterior & Lot
Lot Features Condo/PUD Project, Landscaped, Rental History, Tennis Court, Ski In/Ski Out
View Mountain(s), Ski Resort
Construction Frame
Roof Composition
Foundation Concrete Perimeter
Pool & Spa
Pool Swimming Pool
Utilities & Systems
Heating Propane, CFAH
Financial
HOA Fee $1,582 / Monthly
HOA & Community
Community Amenities Pool, Tennis Court(s), Cross Country Skiing, Down Hill Skiing, Exercise Equipment, Other/See Remarks

STR Investment Summary — 201 Shirley Canyon Road #311, Olympic Valley

Est. Gross Annual Revenue
$20K – $60K
typically ~$35,000
Avg Nightly Rate
$175
Projected Occupancy
54.8%
Cap Rate
1.7%
Structural Score: 59 / 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.

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