$1,695,000
400 Resort Road #556 558 560
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
·
3.0
Baths
·
1,454
Sq Ft
About This Property
The stunning 3 bedroom corner unit is located at the end of the building where it enjoys lovely ski area, golf and meadow views. The convenience of the lock off bedrooms provides a variety of use and rental options. This turn key condo provides convenience with slope side access to the ski area and world class amenities including golf, swimming complex, spa, shops, restaurants and more. King in 1 BR, King in middle Studio and 2 Queens in other studio.
Listed by Roland Lawrence — Lawrence Realty
Listing Details
Status
Active
MLS #
20241206
Days on Market
650
Price/Sq Ft
$1,166
Property History
Jun 21, 2024
Listed for sale
$1,695,000
Property Overview
Beds
3
Baths
3.0
Sq. Ft.
1,454
Stories
1
Year Built
1990
Property Type
Residential
Style
Other
Subdivision
Olympic Valley
County
Placer
STR Jurisdiction
Placer County
APN
102-090-023-000
Parking
Parking Features
None
Exterior & Lot
Lot Features
Varies
View
Panoramic,Mountain,Golf,Ski Resort,River/Creek,Meadow
Financial
HOA Fee
$2,738 / 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 #556 558 560, Olympic Valley
Est. Annual Revenue
$47,555
Avg Nightly Rate
$323
Projected Occupancy
41.3%
Cap Rate
1.1%
Structural Score: 50 / 100 (Standard)
· 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% ($339,000)
Home price
$1,695,000
Loan details
30-yr fixed, 6.5%
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