$6,000,000
3122 Mountain Links Way
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.
4 Beds
·
4.5 Baths
·
5,070 Sq Ft
Virtual Tour

About This Property

The Bear Chalet is a striking architectural residence designed by acclaimed architect Tim Ward, positioned along one of Olympic Valley’s most desirable golf course settings. The views of the Olympic Valley and Palisades Ski Resort are unmatched! Built in 1998 with a rare steel-frame structure, this 5,070-square-foot estate offers four bedrooms and 4.5 baths, blending structural integrity with refined mountain living. Thoughtful craftsmanship is evident throughout — from rich knotty alder floors to a newer composition roof that enhances both longevity and aesthetic appeal. Comfort is seamless year-round with dual heating systems, including forced air and hydronic heat, along with heated garage floors for added convenience during winter months. Designed for both entertaining and everyday living, the home features an integrated sound system, a private outdoor hot tub, and multiple gathering spaces that invite connection. The chef’s kitchen anchors the main living area, while a temperature-controlled wine room stores more than 500 bottles for the serious collector. Additional highlights include a cozy library, a dedicated home theater, a generous workout room, two laundry areas, and a flexible media room that could easily function as a fifth bedroom if desired. Set against a backdrop of national forest and surrounded by serene natural beauty, the property offers exceptional privacy. A level driveway ensures easy year-round access — a rare and practical advantage in the Sierra. The Bear Chalet represents a unique opportunity to own a legacy-quality home where architectural strength, comfort, and mountain lifestyle converge.

Listed by Breck Overall — Sierra Sotheby's Int - Rock

Listing Details

Status Active
MLS # 20260269
Days on Market 29
Price/Sq Ft $1,183

Property History

Mar 04, 2026
Listed for sale
$6,000,000
Property Overview
Beds 4
Baths 4.5
Sq. Ft. 5,070
Lot Size 0.31 acres
Stories 2
Year Built 1998
Property Type Single Family Residence
Style Chalet
Subdivision Olympic Valley
County Placer
STR Jurisdiction Placer County
APN 096-570-010
Parking
Parking Features Three
Exterior & Lot
Exterior Features Pantry,High Ceilings,Landscaping,Phone,Cable TV,High Speed Internet,Hot Tub,Steam Shower,Wine Room
Lot Features Level,Gentle
View Panoramic,Wooded,Mountain,Golf,Ski Resort,Meadow
Construction Framed,Steel
Roof Composition
Foundation Pier
Utilities & Systems
Heating Propane,CFAH
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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 — 3122 Mountain Links Way, Olympic Valley

Est. Annual Revenue
$217,152
Avg Nightly Rate
$1856
Projected Occupancy
32.0%
Cap Rate
1.4%
Structural Score: 76 / 100 (Luxury) · 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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($1,200,000)
Home price
$6,000,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Real Estate Agent
License #CA 02235314

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