$1,995,000
400 Resort Road #838 840
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
·
3.5
Baths
·
1,970
Sq Ft
About This Property
Two story penthouse in the Resort at Squaw Creek- a mountain resort. World class amenities and activities. Easy access to Lake Tahoe. Breathtaking ski area, golf course and valley views from large two story windows in the living room. Unique kitchen with full size appliances. Two bedrooms and two and one half bathrooms in main penthouse unit and attached lock-off studio with a bedroom and a bathroom.
Listed by Roland Lawrence — Lawrence Realty
Listing Details
Status
Active
MLS #
20241188
Days on Market
657
Price/Sq Ft
$1,013
Property History
Jun 20, 2024
Listed for sale
$1,995,000
Property Overview
Beds
3
Baths
3.5
Sq. Ft.
1,970
Stories
2
Year Built
1990
Property Type
Residential
Style
Other
Subdivision
Olympic Valley
County
Placer
STR Jurisdiction
Placer County
APN
102-150-032-000
Parking
Parking Features
None
Exterior & Lot
Lot Features
Varies
View
Panoramic,Mountain,Golf,Ski Resort,River/Creek,Meadow
Financial
HOA Fee
$2,899 / M
HOA & Community
Community Amenities
Pool,Tennis Courts,Golf,Cross Country Skiing,Down Hill Skiing,Exercise Equipment
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 — 400 Resort Road #838 840, Olympic Valley
Est. Annual Revenue
$47,650
Avg Nightly Rate
$423
Projected Occupancy
34.6%
Cap Rate
1.0%
Structural Score: 55 / 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% ($399,000)
Home price
$1,995,000
Loan details
30-yr fixed, 6.5%
Send a Message
Or call directly: 9166671444
