$995,000 Active
450 Shirley Canyon Road #4
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
·
1,056 Sq Ft

About This Property

Looking for that West Olympic Valley condo to make your own that's an easy walk-to-the-lifts with covered parking that feels like a home and not an ordinary condo? How about a creekside one with 12 to 15 foot vaulted ceilings throughout with high living area windows, and southern exposure? May I present #4 SV West on the inside corner of Shirley Canyon as it bends to the historic Olympic Valley Chapel. This condo is also a lock-off allowing flexibilithy of use and rental, though this property has never been rented before, just cherished and cared for by one family for over 40 years. HOA dues include water! Ready for your pre-season updates, don't wait and call today to come see for yourself.

Listed by Suzanne Gale — COMPASS

Listing Details

Status Active
MLS # 20261878
Days on Market 9
Price/Sq Ft $942

Property History

Sep 04, 2026
Listed for sale
$995,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Mar 1996 · county record $50,682 Deed record — brokerage sides not reported

MLS closed sales, with duplicate ingestions collapsed and lease records excluded, so each row is a distinct transaction. Rows marked county record come from the assessor's deed data, which reaches back further than the MLS feed; rows marked via a listing site fill the years the feed misses using that site's public sale record.

Property Overview
Beds 2
Baths 2.0
Sq. Ft. 1,056
Year Built 1967
Property Type Residential
Style Mountain
Subdivision Olympic Valley
County Placer
STR Jurisdiction Placer County
APN 096350007
Parking
Parking Features Carport
Exterior & Lot
View Ski Resort, Water
Financial
HOA Fee $1,600 / Quarterly
📊

STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Yellow Zone
STRUCTURAL SCORE Standard
52
PROJECTED GROSS ANNUAL REVENUE
$25K – $60K typically ~$40,000
~$3,333 per month
Avg Nightly
$203
Occupancy
54%
Cap Rate
1.6%

STR Investment Summary — 450 Shirley Canyon Road #4, Olympic Valley

Est. Gross Annual Revenue
$25K – $60K
typically ~$40,000
Avg Nightly Rate
$203
Projected Occupancy
54.1%
Cap Rate
1.6%
Structural Score: 52 / 100 (Standard) · STR Zone: Yellow

Based on comparable vacation rental performance data for Olympic Valley. Gross of management, cleaning and platform fees. Assumes full-year availability, professional management and dynamic pricing; owner use reduces it. Revenue projections are estimates and may vary.

Building Permit History

Placer County permit records for this parcel

Building/Residential/Full Review/NA
DONE
Permit #TCON 42744-3
Building/Residential/Full Review/NA
DONE
Permit #TCON 57022-2

Public permit records from the Placer County permit portal, last checked 2026-09-04. Open permits should be finaled or closed before close of escrow; verify current permit status directly with the county.

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
From MLS listing data.
Home insurance
$0
Insurance estimate only — Tahoe wildfire-zone rates vary; get a local broker quote for accuracy.
Down payment
20% ($199,000)
Home price
$995,000
Loan details
30-yr fixed, 6.5%
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