$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 The Alpine, a professionally managed, turnkey home. Located within The Palisades community near the Truckee River, this two-story mountain home offers an open floor plan designed for everyday living and entertaining, with convenient access to year-round recreation in Olympic Valley and nearby Lake Tahoe. The great room features a fireplace, multiple gathering and dining areas, and access to an expansive deck for indoor-outdoor living. The open-concept layout includes a gourmet kitchen, adjoining mudroom and laundry room. The main level also offers a guest bedroom and bathroom, plus a powder room. Upstairs, the primary suite includes an en suite bathroom and access to an upper deck with a hot tub. Two additional bedrooms and a spacious flex room provide options for guests, recreation or work-from-home needs. Nearby recreation includes skiing, hiking, biking, fishing, boating, shopping, dining and seasonal events in Olympic Valley and the surrounding Tahoe area. Lake Tahoe is approximately 10 minutes away. Offered fully furnished and professionally decorated.

Listed by Maxx Rifkin — Pacaso, Inc.

Listing Details

Status Active
MLS # 20260994
Price/Sq Ft $110

Property History

May 26, 2026
Listed for sale
$289,000
Property Overview
Beds 4
Baths 3.5
Sq. Ft. 2,630
Stories 2
Year Built 2020
Property Type Residential
Style Modern
Subdivision Squaw Valley
County Placer
STR Jurisdiction Placer County
APN 118-030-017-000
Parking
Parking Features Two
Exterior & Lot
Exterior Features High Ceilings,Landscaping,Hot Tub
View Wooded
📊

STR Investment Analysis

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

STR Investment Analysis

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

STR Investment Summary — 211 Palisades Circle, Olympic Valley

Est. Annual Revenue
$67,950
Avg Nightly Rate
$693
Projected Occupancy
27.2%
Cap Rate
9.4%
Structural Score: 60 / 100 (Premium) · STR Zone: Yellow

Based on comparable vacation rental performance data for Olympic Valley. 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% ($57,800)
Home price
$289,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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