Sold $1,775,000 Closed
260 Palisades Circle
Olympic Valley, CA 96146

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SOLD 2025-10-27
Sold for $1,775,000
📋 STR Permit on File
Placer County's public short-term-rental registry shows a permit on file for this home. Permits never transfer with a sale — a buyer applies for their own.
3 Beds
·
3.0 Baths
·
2,001 Sq Ft

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Our data on this home

About This Property

Live the Tahoe dream in this mountain modern home featuring a seamless blend of sophistication, easy luxury, and the beauty of nature. With breathtaking Palisades at Tahoe and Painted Rock views, this home is an entertainer's dream, thoughtfully designed for both relaxation and gathering with family and friends. Step inside the open-concept living space bathed in natural light, with a spacious chef's kitchen featuring an oversized island, top-of-the-line stainless steel appliances, and plenty of counter space to inspire culinary creativity. The smart layout opens directly to the covered upper deck, offering year-round outdoor living and sweeping views of KT22. The primary bedroom is a serene retreat with built-in closets and a spa-like ensuite bathroom, while two guest bedrooms and two additional guest baths provide ample space for family or visitors. For entertainment, enjoy the dedicated media room with a private deck that backs up to open space and forested views. Perfect for unwinding after a day of adventure. Located just minutes from Palisades at Tahoe resort, enjoy year-round recreation right outside your door, with world-class skiing, hiking, and biking all just moments away. Plus, the beauty of Lake Tahoe is just a short drive away, offering endless opportunities for water activities and exploration. Whether you're enjoying the panoramic views from the deck, entertaining in the gourmet kitchen, or relaxing in the tranquil surroundings, this home offers the perfect balance of modern design, outdoor adventure and low-maintenance luxury living.

Listed by Deborah Hoyer — COMPASS

Listing Details

Status Closed
MLS # 20251379
Sold Date 2025-10-27
Sold Price $1,775,000
Price/Sq Ft $887

Property History

Jun 24, 2025
Listed for sale
$1,850,000
Current
Sold
$1,775,000
Property Overview
Beds 3
Baths 3.0
Sq. Ft. 2,001
Year Built 2018
Property Type Residential
Style Modern
Subdivision Olympic Valley
County Placer
STR Jurisdiction Placer County
APN 118030001000
Parking
Garage Spaces 2
Parking Features Two, Attached, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Lot Features Greenbelt
View Trees/Woods, Mountain(s), Ski Resort
Construction Wood Siding, Steel Siding, Other
Roof Other
Utilities & Systems
Heating Propane, In Floor
Cooling Air Conditioning
Financial
HOA Fee $627 / Quarterly

STR Investment Summary — 260 Palisades Circle, Olympic Valley

Est. Gross Annual Revenue
$35K – $75K
typically ~$50,000
Avg Nightly Rate
$269
Projected Occupancy
51.0%
Cap Rate
1.1%
Structural Score: 62 / 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

$2,300 – $2,700/yr
about $208/mo
Est. Rebuild Cost (Coverage A)
$600,300
FAIR Plan (fire)
$1,900/yr
DIC wrap (theft, water, liability)
$400 – $800/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
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