$359,000
342 Palisades Circle
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
·
3.5 Baths
·
2,630 Sq Ft
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About This Property

New co-ownership opportunity: Own one-eighth of this professionally managed, turnkey home. Modern meets mountains in Jasper, just minutes from the base of Palisades Tahoe Resort and 10 minutes from Lake Tahoe. This retreat offers contemporary design, with comfortable gathering spaces inside and out. The great room is anchored by a gas fireplace and doors to a covered wood deck with modern metal railings. The gourmet kitchen features custom wood cabinets, an island with waterfall edges, loads of counter space and storage, a stainless steel gas range and a wine fridge. The main floor also has laundry and powder rooms. Floating wood and metal stairs lead to a cozy sitting area and four bedrooms. The rustic chic primary suite has doors to a second covered deck and features an en suite bathroom with a double-sink vanity, a soaking tub and tiled shower. The home comes fully furnished and professionally decorated.

Listed by Maxx Rifkin — Pacaso, Inc.

Listing Details

Status Active
MLS # 20252400
Days on Market 154
Price/Sq Ft $137

Property History

Oct 30, 2025
Listed for sale
$359,000
Property Overview
Beds 4
Baths 3.5
Sq. Ft. 2,630
Stories 2
Year Built 2022
Property Type Residential
Style Contemporary
Subdivision Squaw Valley
County Placer
STR Jurisdiction Placer County
APN 118020005
Parking
Parking Features Two
Exterior & Lot
Exterior Features Hot Tub
View Wooded
Construction Framed
Utilities & Systems
Heating Natural Gas,Electric
HOA & Community
Community Amenities Other/See Remarks
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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 — 342 Palisades Circle, Olympic Valley

Est. Annual Revenue
$66,656
Avg Nightly Rate
$680
Projected Occupancy
27.2%
Cap Rate
7.4%
Structural Score: 56 / 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% ($71,800)
Home price
$359,000
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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