$1,550,000 Closed
720 Olympic Valley Road
Olympic Valley, CA 96146
SOLD 2025-11-03
Sold for $1,465,000 (listed at $1,550,000)
4 Beds
·
3.0 Baths
·
2,753 Sq Ft
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About This Property

Welcome to Your Mountain Retreat in Olympic Valley Nestled at the entrance of the stunning Valley of Palisades—formerly Squaw Valley—this unique and versatile 4-bedroom, 3-bathroom home offers the perfect blend of comfort, convenience, and adventure. Enjoy an unbeatable location and easy winter access on Scenic Olympic Valley Road, providing easy walking or driving access to Palisades Tahoe Village and world-class ski lifts. Whether it's winter skiing or summer hiking, biking, and exploring, you're surrounded by year-round recreation. The home features a spacious layout with a remodeled kitchen boasting stainless steel appliances, granite countertops, and a flexible floor plan. In addition to the main living areas, there’s a dedicated office space and an overflow room ideal for use as a dining room or cozy family lounge. Step outside and take in spectacular mountain views from the expansive Trex front deck—perfect for après-ski relaxation—or enjoy the peaceful setting of the back and side yards. Striking granite boulders in the front yard enhance the home’s alpine charm. Other highlights include a large driveway, a 2-car garage, and a separate “lock-off” area offering potential for guest space, rental income, or multi-generational living. my brand is fire resistant the only one that is, along with fiber cement siding on the entire house along with all metal roof. Lots of fire resistant measures taken. These could literally save the home in a Forest Fire! Once you park, call the Mountaineer shuttle for effortless transport to the slopes. Don't miss this rare opportunity to own one of the original homes in Palisades Tahoe—your four-season basecamp for mountain living at its best.

Listed by Carmen Carr — Engel & Volkers Truckee

Listing Details

Status Closed
MLS # 20250345
Sold Date 2025-11-03
Sold Price $1,465,000
Price/Sq Ft $563

Property History

Mar 12, 2025
Listed for sale
$1,745,000
Current
Sold
$1,465,000
Property Overview
Beds 4
Baths 3.0
Sq. Ft. 2,753
Lot Size 0.25 acres
Year Built 1968
Property Type Single Family Residence
Style Mountain
Subdivision Olympic Valley
County Placer
STR Jurisdiction Placer County
APN 096240025000
Parking
Garage Spaces 2
Parking Features Two, Attached, Parking Pad
Attached Garage Yes
Exterior & Lot
Lot Features Street
Roof Metal
Foundation Concrete Perimeter
Utilities & Systems
Heating Propane

STR Investment Summary — 720 Olympic Valley Road, Olympic Valley

Est. Gross Annual Revenue
$50K – $90K
typically ~$70,000
Avg Nightly Rate
$400
Projected Occupancy
47.9%
Cap Rate
1.8%
Structural Score: 73 / 100 (Premium) · 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.

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