$749,500 Active
227 Olympic Valley Road #48
Olympic Valley, CA 96146

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✓ STR Allowed — Permit Required
Placer County STR permit required. Eastern Placer cap of 3,900 permits (not reached) — new permits available until cap is reached.
2 Beds
·
2.0 Baths
·
1,437 Sq Ft

Our data on this home

About This Property

Spacious two-bedroom plus loft condominium in Olympic Valley. Located on the top floor at Tavern Inn, this inviting mountain home features a bright living area with vaulted ceilings, a gas fireplace, and access to a private deck overlooking the surrounding pines. The main level includes a well-appointed kitchen with pantry, two bedrooms, and two full bathrooms. Upstairs, the generous loft provides additional sleeping space with a full bed and two twin beds, making this rare floor plan especially versatile for family and guests. A detached garage provides convenient parking and plenty of room for skis, bikes, and mountain gear. Tavern Inn amenities include tennis and pickleball courts, a spa, sauna, and seasonal swimming pool. Enjoy a convenient Olympic Valley location just minutes from the lifts, trails, dining, and all the action at Palisades Tahoe, with spectacular Lake Tahoe just a short drive away.

Listed by Roland Lawrence — Lawrence Realty

Listing Details

Status Active
MLS # 20262042
Days on Market 15
Price/Sq Ft $522

Property History

Oct 01, 2026
Listed for sale
$749,500

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Oct 2004 · county record $505,000 Deed record — brokerage sides not reported

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 2
Baths 2.0
Sq. Ft. 1,437
Year Built 2000
Property Type Residential
Style Mountain
Subdivision Olympic Valley
County Placer
STR Jurisdiction Placer County
APN 096460051
Parking
Garage Spaces 1
Parking Features One, Detached
Attached Garage Yes
Exterior & Lot
Lot Features Condo/PUD Project, Tennis Court
View Filtered, Trees/Woods
Foundation Concrete Perimeter
Pool & Spa
Pool Swimming Pool
Utilities & Systems
Heating Propane, CFAH
Financial
HOA Fee $1,298 / Monthly
HOA & Community
Community Amenities Pool, Tennis Court(s), Other/See Remarks
📊

STR Investment Analysis

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

STR Investment Analysis

Yellow Zone
STRUCTURAL SCORE Premium
67
PROJECTED GROSS ANNUAL REVENUE
$25K – $55K typically ~$35,000
~$2,917 per month
Avg Nightly
$177
Occupancy
54%
Cap Rate
1.9%

STR Investment Summary — 227 Olympic Valley Road #48, Olympic Valley

Est. Gross Annual Revenue
$25K – $55K
typically ~$35,000
Avg Nightly Rate
$177
Projected Occupancy
54.1%
Cap Rate
1.9%
Structural Score: 67 / 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

$1,600 – $1,800/yr
about $142/mo
Est. Rebuild Cost (Coverage A)
$431,100
FAIR Plan (fire)
$1,300/yr
DIC wrap (theft, water, liability)
$300 – $500/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

Building Permit History

Placer County permit records for this parcel

2 expired permits
RESIDENTIAL: FULL REVIEW - Additions, Accessory Structures, Pools, Demo, Generators, and Other · 2023-09-13
Expired
Unit 48 Drywall tape repairs.
Permit #BLD23-05660
Building-Residential Other · 2017-03-14
Expired
*****UNIT 48********* REPLACE SHEETROCK AND FLOORING. REPLACE ELECTRICAL AS NEEDED. NO CHANGE TO DHW OR MECHANICAL. REPAIR AREA -------819SF
Permit #BLD17-00836

Public permit records from the Placer County permit portal, last checked 2026-10-02. 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

$5,896 per month
Principal & interest
$3,790/mo
Property taxes
$666/mo
1.0659% of the price, Placer County's 2025-26 rate, plus direct charges: California re-assesses a home at its sale price.
HOA dues
$1,298/mo
From MLS listing data.
Home insurance
$142/mo
CA FAIR Plan + DIC estimate, ~$1,600–$1,800/yr — wildfire-zone rates vary; not a bindable quote.
Down payment
20% ($149,900)
Home price
$749,500
Loan details
30-yr fixed, 6.5%
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