Sold $719,000 $759,000 Closed
227 Olympic Valley Road #15
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.

SOLD 2026-09-03
Sold for $719,000 (listed at $759,000)
3 Beds
·
3.0 Baths
·
1,660 Sq Ft
Virtual Tour

Own this home or one nearby?

What's this home worth today?

It sold for $719,000 on 2026-09-03, and prices have moved since. Three boxes: leave your number and Murat calls you with what it would sell for today, priced from the latest closed sales nearby.

Priced by a local broker from real closed MLS sales near you. Free, no obligation.

Looking to buy instead? See similar homes for sale nearby ↓

Our data on this home

About This Property

Convenient mountain living at its best in this end-unit townhome at the Tavern Inn in Olympic Valley/Palisades Tahoe! Ideally positioned for privacy and natural light, this three-story residence features a thoughtfully designed layout, with the main living area located on the middle level, perfect for gathering and entertaining. The living room is anchored by a wood-burning stone fireplace, which creates a warm, alpine ambiance. It opens to a west-facing deck where you can relax and enjoy sunsets after a day on the slopes at Palisades or hiking in Shirley Canyon. The upper-level features two comfortable bedrooms with vaulted ceilings and one and a half bathrooms. The lower level offers an expansive third bedroom/flex room, full bathroom, plus a large lock-off storage room, ideal for gear and seasonal items, as well as two lockable ski closets. Enjoy a full suite of HOA amenities, including a pool, hot tub, sauna, and two tennis courts. World-class skiing at Palisades Tahoe is just minutes from your front door. Lake Tahoe and Historic downtown Truckee are just a quick drive away, a few miles away. With easy access to paved and dirt biking trails and hiking paths, this condo is perfectly suited as a full-time residence, weekend escape, or investment opportunity. Short-term rental history available. HOA dues include: Master Policy Insurance, Exterior Maintenance, Snow Removal, Amenity Maintenance, and Trash Collection. A rare chance to own a versatile mountain retreat in one of Olympic Valley’s most desirable locations. Welcome home to your own Tahoe...

Listed by Scott Willers — Compass

Listing Details

Status Closed
MLS # 20260073
Sold Date 2026-09-03
Sold Price $719,000
Price/Sq Ft $457

Property History

Jan 17, 2026
Listed for sale
$869,000
Aug 17, 2026
Pending
$759,000
Sep 03, 2026
Sold
$719,000

Sale History · changed hands 2×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Oct 2020 · via MLS history $650,000 — —
Sep 2026 · this listing $719,000 (+11%) Scott WillersCompass Anna KennerleyCOMPASS

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; rows marked via a listing site fill the years the feed misses using that site's public sale record.

Property Overview
Beds 3
Baths 3.0
Sq. Ft. 1,660
Year Built 1982
Property Type Residential
Style Bavarian
Subdivision Olympic Valley
County Placer
STR Jurisdiction Placer County
APN 096460015
Parking
Parking Features None, Parking Pad
Exterior & Lot
Lot Features Condo/PUD Project, Rental History
View Mountain(s)
Construction Stucco
Roof Composition
Foundation Concrete Perimeter
Utilities & Systems
Heating Propane, CFAH
Financial
HOA Fee $1,397 / Monthly
HOA & Community
Community Amenities Pool, Tennis Court(s), Other/See Remarks

STR Investment Summary — 227 Olympic Valley Road #15, Olympic Valley

Est. Gross Annual Revenue
$35K – $75K
typically ~$50,000
Avg Nightly Rate
$262
Projected Occupancy
52.3%
Cap Rate
2.6%
Structural Score: 59 / 100 (Premium) · 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.

Home Insurance Estimate

California FAIR Plan fire policy + a DIC wrap policy, the usual Tahoe setup

$1,800 – $2,100/yr
about $162/mo
Est. Rebuild Cost (Coverage A)
$498,000
FAIR Plan (fire)
$1,500/yr
DIC wrap (theft, water, liability)
$300 – $600/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
Request a Tour

We'll contact you soon.

R
Real Estate Tahoe
Real Estate Agent

Send a Message