Sold $3,250,000 $3,745,000 Closed
381 Sierra Crest Trail
Olympic Valley, CA 96146

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SOLD 2026-09-08
Sold for $3,250,000 (listed at $3,745,000)
4 Beds
·
4.5 Baths
·
4,195 Sq Ft
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About This Property

A striking blend of modern mountain architecture and refined craftsmanship, this newly constructed home offers an elevated Tahoe living experience in one of Olympic Valley’s private neighborhoods. Surrounded by towering pines and designed to embrace its alpine setting, this exceptional home delivers privacy, natural beauty, and year-round comfort. The dramatic great room features soaring ceilings with exposed timber trusses, expansive windows, and a stunning stone fireplace that anchors the space. Natural light pours in, creating a seamless connection between indoors and the surrounding forest landscape. The open concept design flows effortlessly into a chef’s kitchen appointed with custom cabinetry, a statement range and hood, oversized island, and dedicated entertaining bar. Expansive outdoor deck extend the living space, ideal for apre ski gatherings, summer dining, or quiet mornings in the fresh mountain air. Thoughtfully designed bedrooms, all ensuites, provide peaceful retreats, including a luxurious primary suite with its own fireplace and spa-inspired bath featuring a freestanding soaking tub and stone accents. A dedicated media room and separate office offer flexible living options and either could be converted into addidtional bedroom space if desired. Built with exceptional attention to detail and quality materials throughout, this home is perfectly suited as a full-time residence or a premier mountain getaway. The home is further enhanced by firewise construction and integrated smart home technology, including a Control4 system that allows seamless control of lighting, audio, climate, and select home features, providing modern convenience alongside refined mountain living. Located just minutes from world-class skiing, hiking, and the array of recreational opportunities of Olympic Valley and Lake Tahoe, this home represents mountain living at its finest.

Listed by Chiara Gajar — Lawrence Realty

Listing Details

Status Closed
MLS # 20260077
Sold Date 2026-09-08
Sold Price $3,250,000
Price/Sq Ft $893

Property History

Jan 17, 2026
Listed for sale
$3,995,000
Jul 04, 2026
Price changed
$3,945,000
Jul 10, 2026
Price reduced
$3,895,000 $3,945,000 ↓ $50,000
Jul 17, 2026
Price reduced
$3,845,000 $3,895,000 ↓ $50,000
Jul 24, 2026
Price reduced
$3,795,000 $3,845,000 ↓ $50,000
Aug 07, 2026
Price reduced
$3,745,000 $3,795,000 ↓ $50,000
Aug 14, 2026
Pending
$3,745,000
Sep 08, 2026
Sold
$3,250,000
Property Overview
Beds 4
Baths 4.5
Sq. Ft. 4,195
Lot Size 0.26 acres
Year Built 2024
Property Type Single Family Residence
Style Mountain
Subdivision Olympic Valley
County Placer
STR Jurisdiction Placer County
APN 096580005
Parking
Garage Spaces 2
Parking Features Two, Attached
Attached Garage Yes
Exterior & Lot
Lot Features Greenbelt
View Trees/Woods, Mountain(s)
Roof Composition
Foundation Concrete Perimeter
Utilities & Systems
Heating Propane, CFAH, In Floor
Financial
HOA Fee $396 / Monthly

Home Insurance Estimate

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

$8,600 – $10,100/yr
about $779/mo
Est. Rebuild Cost (Coverage A)
$2,307,250
FAIR Plan (fire)
$7,200/yr
DIC wrap (theft, water, liability)
$1,400 – $2,900/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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