$4,995,000 Active
3119 Sierra Crest Court
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.
5 Beds
·
6.0 Baths
·
5,414 Sq Ft

Our data on this home

About This Property

Your Tahoe story starts here. Welcome to 3119 Sierra Crest Ct, a rare opportunity to create your own mountain retreat in the heart of Olympic Valley. Surrounded by the breathtaking beauty of the Sierra Nevada, this property invites you to slow down, reconnect, and embrace the year-round Tahoe lifestyle. Imagine waking up to crisp mountain air, spending your days exploring the endless outdoor recreation that surrounds Olympic Valley, and returning home to peaceful evenings beneath the Sierra sky. From unforgettable winter adventures to summer days filled with hiking, biking, and exploring, every season brings a new reason to fall in love with this extraordinary mountain setting. Whether you're searching for a personal getaway, a place to gather with family and friends, or an opportunity to establish your own foothold in one of Tahoe's most desirable destinations, 3119 Sierra Crest Ct offers the canvas to bring your vision to life. Here, the pace slows, the scenery inspires, and every day feels like a getaway. Come experience Olympic Valley for yourself and discover the possibilities waiting at 3119 Sierra Crest Ct. Your next Tahoe chapter begins here.

Listed by Jamison Blair — COMPASS

Listing Details

Status Active
MLS # 20262138
Days on Market 1
Price/Sq Ft $923

Property History

Oct 19, 2026
Listed for sale
$4,995,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Jun 2004 · county record $3,120,000 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 5
Baths 6.0
Sq. Ft. 5,414
Lot Size 0.28 acres
Year Built 2004
Property Type Single Family Residence
Style Mountain
Subdivision Squaw Valley
County Placer
STR Jurisdiction Placer County
APN 096590002
Parking
Garage Spaces 3
Parking Features Three, Attached, Insulated, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Lot Features Street, Landscaped, Cul-De-Sac
View Trees/Woods, Mountain(s)
Construction Frame
Roof Composition
Foundation Concrete Perimeter
Utilities & Systems
Heating Propane, CFAH, Hydronic, In Floor
Financial
HOA Fee $1,200 / Quarterly
📊

STR Investment Analysis

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

STR Investment Analysis

STR analysis
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PROJECTED GROSS ANNUAL REVENUE
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Avg Nightly
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Home Insurance Estimate

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

$11,000 – $12,900/yr
about $996/mo
Est. Rebuild Cost (Coverage A)
$2,977,700
FAIR Plan (fire)
$9,200/yr
DIC wrap (theft, water, liability)
$1,800 – $3,700/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

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

$30,990 per month
Principal & interest
$25,257/mo
Property taxes
$4,437/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
$300/mo
From MLS listing data.
Home insurance
$996/mo
CA FAIR Plan + DIC estimate, ~$11,000–$12,900/yr — wildfire-zone rates vary; not a bindable quote.
Down payment
20% ($999,000)
Home price
$4,995,000
Loan details
30-yr fixed, 6.5%
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