$3,595,000 Active
3126 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
·
4.0 Baths
·
4,801 Sq Ft
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Our data on this home

About This Property

Tucked away on a cul-de-sac in a private subdivision of Olympic Valley, this home offers a peaceful mountain retreat surrounded by beautiful wooded scenery. With five bedrooms, four full bathrooms, and multiple gathering spaces, this spacious home is ideal for bringing family and friends together throughout the seasons. The thoughtfully designed floor plan includes a formal dining room, living room, family room, generous breakfast nook, and an oversized bonus room with double doors opening to the outdoors. Extensive improvements include an updated kitchen with stainless steel appliances, two renovated bathrooms, including the primary bath with jetted soaking tub and steam shower, updated laundry room, roof, flooring, and paint. The attached two-car oversized garage features a separate side entrance. Just minutes from Palisades Tahoe Ski Resort, enjoy world-class skiing and snowboarding in winter; hiking, biking, and golf in summer; and the beauty of nearby Lake Tahoe year-round. Whether hosting memorable gatherings or escaping for a quiet mountain weekend, this home offers the space, privacy, and comfort to enjoy the best of Olympic Valley living.

Listed by Chiara Gajar — Lawrence Realty

Listing Details

Status Active
MLS # 20262189
Days on Market 1
Price/Sq Ft $749

Property History

Oct 31, 2026
Listed for sale
$3,595,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Aug 1997 · county record $1,080,000 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 4.0
Sq. Ft. 4,801
Lot Size 0.25 acres
Year Built 1992
Property Type Single Family Residence
Style Bavarian
Subdivision Olympic Valley
County Placer
STR Jurisdiction Placer County
APN 096590003
Parking
Garage Spaces 2
Parking Features Two, Attached, Oversized
Attached Garage Yes
Exterior & Lot
Lot Features Greenbelt
View Peek, Filtered, Trees/Woods, Mountain(s)
Construction Wood Siding, Stucco
Roof Composition
Foundation Concrete Perimeter
Utilities & Systems
Heating Propane, Hydronic, Radiant, In Floor
Financial
HOA Fee $400 / Monthly
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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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Home Insurance Estimate

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

$9,800 – $11,500/yr
about $888/mo
Est. Rebuild Cost (Coverage A)
$2,640,550
FAIR Plan (fire)
$8,200/yr
DIC wrap (theft, water, liability)
$1,600 – $3,300/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

$22,659 per month
Principal & interest
$18,178/mo
Property taxes
$3,193/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
$400/mo
From MLS listing data.
Home insurance
$888/mo
CA FAIR Plan + DIC estimate, ~$9,800–$11,500/yr — wildfire-zone rates vary; not a bindable quote.
Down payment
20% ($719,000)
Home price
$3,595,000
Loan details
30-yr fixed, 6.5%
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