$769,000 $799,000 ↓ $30,000 reduced Active
227 Olympic Valley Road #22
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.
3 Beds
·
2.5 Baths
·
1,660 Sq Ft
Virtual Tour

About This Property

Your dream Tahoe base camp awaits — the perfect launchpad for every season and every adventure. Skiers can hop on the free door-to-door shuttle to Palisades Tahoe. Mountain bikers and trail runners? The legendary Western States Trail practically waves hello from your front door. Pickleball and tennis players have on-site courts ready for action, and Lake Tahoe plus the Truckee River are just a scenic cruise away on the paved bike path. After a day well spent, unwind on the sunny deck with mountain views that pair beautifully with morning coffee or an après-everything BBQ. Prefer a slower pace? The vaulted-ceiling bedrooms and warm natural light make curling up with a book feel like its own kind of luxury. With 1,660 sq ft of airy living space, there’s room for everyone to gather, spread out, and savor quality time. Located in Placer County, this home also allows short-term rentals, giving you flexibility whether you’re hosting guests or enjoying it all to yourself.

Listed by Stephanie Fillinger — Engel & Volkers Truckee

Listing Details

Status Active
MLS # 20260642
Days on Market 141
Price/Sq Ft $463

Property History

Apr 25, 2026
Listed for sale
$799,000

Sale History · changed hands 2×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Sep 2020 · via MLS history $659,000
Apr 2022 · via MLS history $960,000 (+46%)

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 2.5
Sq. Ft. 1,660
Year Built 1982
Property Type Residential
Style Chalet
Subdivision Olympic Valley
County Placer
STR Jurisdiction Placer County
APN 096460022
Parking
Parking Features None
Exterior & Lot
Lot Features Condo/PUD Project, Tennis Court
View Trees/Woods, Mountain(s)
Construction Frame, Stucco
Roof Composition
Foundation Perim Block
Pool & Spa
Pool Swimming Pool
Utilities & Systems
Heating Propane, CFAH
Financial
HOA Fee $1,397 / Monthly
HOA & Community
Community Amenities Pool, Tennis Court(s)
📊

STR Investment Analysis

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

STR Investment Analysis

Yellow Zone
STRUCTURAL SCORE Premium
56
PROJECTED GROSS ANNUAL REVENUE
$35K – $75K typically ~$50,000
~$4,167 per month
Avg Nightly
$262
Occupancy
52%
Cap Rate
2.6%

STR Investment Summary — 227 Olympic Valley Road #22, 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: 56 / 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.

Building Permit History

Placer County permit records for this parcel

1 expired permit
RESIDENTIAL: LIMITED REVIEW - Electrical, Mechanical, Plumbing, Roof Solar, etc · 2024-01-31
Construction Complete
Replace old heater NEW / REPLACEMENT: Replace Existing # OF SYSTEMS: 1 DUCT AFFECTED: 0 SYSTEM TYPE: Package Unit
Permit #BLD24-00439
Building-Non-SFD · 2011-11-03
Expired
INSERT FIREPLACE INSERT AND EXTEND GAS LINE (PROPANE) ** INSTALLATION MANUAL REQUIRED AT TIME OF INSPECTION
Permit #0740 44066.11
Building/Residential/Full Review/NA
DONE
Permit #TCON 25799-1

Public permit records from the Placer County permit portal, last checked 2026-09-05. 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% ($153,800)
Home price
$769,000
Loan details
30-yr fixed, 6.5%
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