Sold $1,050,000 $1,095,000 Closed
340 Olympic Valley Road
Olympic Valley, CA 96146
SOLD 2026-09-21
Sold for $1,050,000 (listed at $1,095,000)
📋 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
·
2.0 Baths
·
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It sold for $1,050,000 on 2026-09-21, and prices have moved since. Three boxes: leave your number and Murat calls you with what it would sell for today, priced from the latest closed sales nearby.

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About This Property

Some mountain cabins you rent. Some you dream about owning. This is the one you drop everything for. Soaring vaulted ceilings with original timber beams, a dramatic wall of windows pouring forest light into an open living and dining area, and a massive authentic stone fireplace crackling with real wood. Not a gas insert. Not a decorative surround. A genuine wood-burning hearth of the kind that simply cannot be built new in this valley anymore. This is an authentic Tahoe cabin done right: warm, clean, bright, and completely unpretentious. No wasted square footage to heat in winter — just three character-filled bedrooms, a bunk room the kids will never leave, and filtered views of Painted Rock from the upper deck where coffee and dinner both happen. Outside, towering pines frame a generous private yard — hang a hammock, string a slack line, build a treehouse. Some mornings a black bear wanders through the forest across the street, just to remind you where you are. The Mountaineer picks you up at your door for stress-free, car-free days at Palisades Tahoe. A flat circular driveway — a genuine luxury in Tahoe winters — leads to a detached two-car garage that swallows every piece of gear you own. Cabins with this character, this location, and this value don't come around often in Olympic Valley.

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

Listing Details

Status Closed
MLS # 20260919
Sold Date 2026-09-21
Sold Price $1,050,000

Property History

May 21, 2026
Listed for sale
$1,095,000
Aug 22, 2026
Pending
$1,095,000
Sep 21, 2026
Sold
$1,050,000

Sale History · changed hands 2×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Aug 2021 · via MLS history $1,050,000 — —
Sep 2026 · this listing $1,050,000 Breck OverallSierra Sotheby's Int - Rock Ryan StokesCOMPASS

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 3
Baths 2.0
Lot Size 0.33 acres
Year Built 1978
Property Type Single Family Residence
Style Mountain
Subdivision Olympic Valley
County Placer
STR Jurisdiction Placer County
APN 096272005000
Parking
Garage Spaces 2
Parking Features Two, Detached
Attached Garage Yes
Exterior & Lot
Lot Features Street
View Trees/Woods
Construction Frame
Roof Metal
Foundation Concrete Perimeter, Perim Block
Utilities & Systems
Heating Electric
HOA & Community
Community Amenities Cross Country Skiing, Down Hill Skiing

STR Investment Summary — 340 Olympic Valley Road, Olympic Valley

Est. Gross Annual Revenue
$30K – $70K
typically ~$50,000
Avg Nightly Rate
$256
Projected Occupancy
53.6%
Cap Rate
1.8%
Structural Score: 65 / 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

$2,400 – $2,800/yr
about $217/mo
Est. Rebuild Cost (Coverage A)
$657,000
FAIR Plan (fire)
$2,000/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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