$850,000 Active
415 Shirley Canyon Road #8
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.
2 Beds
·
2.0 Baths
·
1,078 Sq Ft

About This Property

Nestled in a quiet community just beyond the Tram Building at Palisades Tahoe, this south-facing unit offers stunning views of KT-22, Tram, Funitel, new Base to Base Gondola and surrounding peaks. Part of what makes this the perfect mountain retreat is the ability to walk to the Tram, winter resort access, Village, or Shirley Canyon Trailhead in just minutes. Enjoy unbeatable access to year-round adventure. This desirable floor plan features 2 real bedrooms with full-sized closets, 2 baths, plus an attached 1-car garage for added convenience. Upstairs, you’ll find a bright and inviting living space that takes full advantage of the views and is complete with a real wood-burning fireplace, dining area, spacious kitchen with breakfast bar. Step outside onto the private deck to take in the alpine scenery and fresh mountain air. The living level also includes a laundry room/bath. Available mostly furnished this home is ready for immediate enjoyment. Opportunities in this complex are rare. Don’t miss your chance to own in one of Tahoe’s most sought-after locations.

Listed by Matt Hanson — Tahoe Truckee Homes Inc

Listing Details

Status Active
MLS # 20260959
Price/Sq Ft $788

Property History

May 22, 2026
Listed for sale
$850,000
Property Overview
Beds 2
Baths 2.0
Sq. Ft. 1,078
Stories 2
Year Built 1979
Property Type Residential
Style Mountain
Subdivision Olympic Valley
County Placer
STR Jurisdiction Placer County
APN 096-440-011
Parking
Parking Features One
Exterior & Lot
Lot Features Level
View Wooded,Mountain,Ski Resort
Construction Framed
Utilities & Systems
Heating Electric
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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 — 415 Shirley Canyon Road #8, Olympic Valley

Est. Annual Revenue
$39,558
Avg Nightly Rate
$265
Projected Occupancy
40.9%
Cap Rate
1.9%
Structural Score: 61 / 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% ($170,000)
Home price
$850,000
Loan details
30-yr fixed, 6.5%
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