$289,000 Active Partial Ownership
Heads up: This listing is a partial ownership / fractional share — you would be buying a share of the property (not the whole home). Carefully review the listing details and any ownership documents before making an offer.
211 Palisades Circle
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.
4 Beds
·
3.5 Baths
·
2,630 Sq Ft
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About This Property

New co-ownership opportunity by Pacaso: Own one-eighth of this professionally managed, turnkey home. The Alpine sits in The Palisades community in Olympic Valley, where the Truckee River runs nearby and Palisades Tahoe's terrain is just outside the door. The two-story exterior has a snow-ready presence, with a mudroom, ski storage and a hot tub deck that make the transition from mountain to home feel genuinely effortless. The main level has light hardwood floors, a gas fireplace and an open plan living and dining area with a statement chandelier, opening to an expansive deck alongside. The kitchen has light brown cabinetry, a double oven range, pendant lighting and a beverage cooler, with a mudroom and laundry room just off the back entry. The primary suite has a private upper deck with a hot tub, a walk-in closet and an en suite bath. Two additional bedrooms, a flex loft with beamed ceilings and a fourth bedroom complete the layout. The upper deck and hot tub face the surrounding mountain terrain, with Lake Tahoe a ten-minute drive for summer mornings on the water. Olympic Valley Village's shops, restaurants and events are close, and Palisades Tahoe's 3,600 acres of skiable terrain — across multiple peaks — are accessible just down the road in every direction. The Alpine is fully designed, furnished and managed by Pacaso. Ownership here is effortless by design, with every detail handled well before owners arrive.

Listed by Maxx Rifkin — Pacaso, Inc.

Listing Details

Status Active
MLS # 20260994
Days on Market 91
Price/Sq Ft $110

Property History

May 26, 2026
Listed for sale
$289,000

Sale History · changed hands 4×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Dec 2020 · county record $1,997,000 Deed record — brokerage sides not reported
Jan 2024 $333,000 (-83%) Joseph MaehlerPacaso, Inc. Joseph MaehlerPacaso, Inc.
Jan 2025 $269,000 (-19%) Joseph MaehlerPacaso, Inc. Joseph MaehlerPacaso, Inc.
May 2026 $265,000 (-1%) Maxx RifkinPacaso, Inc. Maxx RifkinPacaso, 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 4
Baths 3.5
Sq. Ft. 2,630
Year Built 2020
Property Type Timeshare
Style Modern
Subdivision Squaw Valley
County Placer
STR Jurisdiction Placer County
APN 118030017000
Parking
Garage Spaces 2
Parking Features Two, Attached
Attached Garage Yes
Exterior & Lot
Lot Features Greenbelt, Landscaped
View Trees/Woods
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STR Investment Analysis

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

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Excellent
87
PROJECTED GROSS ANNUAL REVENUE
$118K – $167K typically ~$142,500
~$11,875 per month
Avg Nightly
$485
Occupancy
68%
Cap Rate
5.2%

Building Permit History

Placer County permit records for this parcel

RESIDENTIAL: New Home - Greater than 3,000 sq ft or above 5,000 ft elevation · 2019-07-03
Construction Complete
Vol 3rd party plan check = CSG Lot 39/211 Palisades Cir Verified SF by CSG Living Area=2630sf Garage/storage=599sf Deck=175sf Porch=280sf 625 Hot Tub SPECIAL INSPECTION REQUIRED Self contained hot tub on upper deck per Lina. sm
Permit #BLD19-02839
Building/Residential/Full Review/NA
DONE
Permit #TCON E112923

Public permit records from the Placer County permit portal, last checked 2026-08-22. Open permits should be finaled or closed before close of escrow; verify current permit status directly with the county.

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% ($57,800)
Home price
$289,000
Loan details
30-yr fixed, 6.5%
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