$1,095,000 Active
340 Olympic Valley Road
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.
3 Beds
·
2.0 Baths
·
1,202 Sq Ft
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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 Active
MLS # 20260919
Days on Market 1
Price/Sq Ft $911

Property History

May 20, 2026
Listed for sale
$1,095,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,202
Lot Size 0.33 acres
Stories 2
Year Built 1978
Property Type Single Family Residence
Style Mountain
Subdivision Olympic Valley
County Placer
STR Jurisdiction Placer County
APN 096-272-005-000
Parking
Parking Features Two
Exterior & Lot
Lot Features Level
View Wooded
Construction Framed
Roof Metal
Foundation Perim Concrete,Perim Block
Utilities & Systems
Heating Electric
HOA & Community
Community Amenities Cross Country Skiing,Down Hill Skiing
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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 — 340 Olympic Valley Road, Olympic Valley

Est. Annual Revenue
$41,234
Avg Nightly Rate
$272
Projected Occupancy
42.8%
Cap Rate
1.5%
Structural Score: 63 / 100 (Premium) · 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% ($219,000)
Home price
$1,095,000
Loan details
30-yr fixed, 6.5%
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