$699,000 Closed
227 Olympic Valley Road #5
Olympic Valley, CA 96146
SOLD 2025-10-14
Sold for $680,000 (listed at $699,000)
2 Beds
·
2.0 Baths
·
1,236 Sq Ft
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About This Property

Enjoy stunning views of the Palisades Tahoe peaks from this beautifully remodeled 2-bedroom, 2-bathroom, condo in one of the most sought-after locations in Olympic Valley. Thoughtfully renovated in 2017, this 1,326 sq. ft. residence combines mountain charm with modern convenience—featuring updated finishes, a spacious open layout, bonus loft that comfortably sleeps four and abundant natural light. Located just minutes from world-class skiing, hiking, and the Village at Palisades Tahoe, this turnkey retreat also offers access to fantastic HOA amenities including a pool, hot tub, sauna and tennis courts. Whether you're looking for a full-time home, weekend getaway, or investment property, this mountain condo checks every box.

Listed by Brandon Walsh — Compass

Listing Details

Status Closed
MLS # 20251695
Sold Date 2025-10-14
Sold Price $680,000
Price/Sq Ft $566

Property History

Jul 25, 2025
Listed for sale
$739,000
Current
Sold
$680,000
Property Overview
Beds 2
Baths 2.0
Sq. Ft. 1,236
Year Built 1982
Property Type Residential
Style Mountain
Subdivision Olympic Valley
County Placer
STR Jurisdiction Placer County
APN 096460005000
Parking
Parking Features None
Exterior & Lot
Lot Features Street
View Mountain(s), Ski Resort
Construction Frame
Financial
HOA Fee $1,236 / Monthly
HOA & Community
Community Amenities Pool, Tennis Court(s)

STR Investment Summary — 227 Olympic Valley Road #5, Olympic Valley

Est. Gross Annual Revenue
$25K – $55K
typically ~$35,000
Avg Nightly Rate
$180
Projected Occupancy
53.2%
Cap Rate
2.0%
Structural Score: 47 / 100 (Standard) · 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.

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