$549,000 Active
227 Olympic Valley Road #3
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.
1 Beds
·
2.0 Baths
·
892 Sq Ft

About This Property

Welcome to your mountain retreat in the heart of Olympic Valley (formerly Squaw Valley), where year-round adventure meets effortless alpine living. This desirable downstairs corner unit at Tavern Inn offers a spacious 1-bedroom, 2-bath floor plan with added privacy, easy access, and outstanding potential to create your dream Tahoe getaway. Inside, the open-concept living area is warm and inviting, featuring a cozy fireplace, peaceful pine forest views, and good size kitchen. The thoughtful layout is perfect for gathering with family and friends after a day on the slopes or enjoying a quiet evening surrounded by nature. This property is an exceptional opportunity for investors or buyers looking to add value. With solid bones and an ideal floor plan, it's ready for a stylish remodel that can maximize both enjoyment and future appreciation in one of Tahoe's most sought-after mountain communities. Located just minutes from Palisades Tahoe, you'll enjoy quick access to world-class skiing and snowboarding, scenic hiking and mountain biking trails, championship golf, and the crystal-clear waters of nearby Lake Tahoe for boating, paddle boarding, and beach days. During ski season, the complimentary Mountaineer on-demand shuttle provides door-to-door transportation throughout Olympic Valley, making it easy to reach the slopes, restaurants, and local events without ever moving your car. Residents also enjoy outstanding HOA amenities, including a swimming pool, hot tubs, saunas, tennis and pickle ball courts. The neighboring county park offers a playground and soccer field, while the adjacent paved bike path provides a beautiful ride to Tahoe City or the vibrant Palisades Village, home to year-round dining, shopping, concerts, and festivals. Everyday conveniences are close at hand, with a 7-Eleven just a short walk away. Whether you're searching for a full-time mountain residence, a vacation retreat, or an investment property with tremendous upside, this Tavern Inn condominium offers an outstanding opportunity to enjoy—and enhance—the very best of the Lake Tahoe lifestyle. Current tenant lives there until 9/2/26.

Listed by C. Kelly Smith — Centr-21 Tahoe North, Realtors

Listing Details

Status Active
MLS # 20261358
Price/Sq Ft $615

Property History

Jul 02, 2026
Listed for sale
$549,000
Property Overview
Beds 1
Baths 2.0
Sq. Ft. 892
Year Built 1982
Property Type Residential
Style Mountain
Subdivision Squaw Valley
County Placer
STR Jurisdiction Placer County
APN 096460003000
Parking
Parking Features None
Exterior & Lot
Lot Features Street
View Meadow
Financial
HOA Fee $1,159 / Monthly
📊

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 — 227 Olympic Valley Road #3, Olympic Valley

Est. Annual Revenue
$36,077
Avg Nightly Rate
$212
Projected Occupancy
44.5%
Cap Rate
2.6%
Structural Score: 53 / 100 (Standard) · 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% ($109,800)
Home price
$549,000
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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