$1,995,000 $2,195,000 ↓ $200,000 reduced Active
400 Resort Road #838 840
Olympic Valley, CA 96146

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✓ STR Allowed — No Permit Needed
Placer County lists Everline Resort & Spa as an approved condo-hotel (county list of March 16, 2026), so its units need no county STR permit. Check the building's own rental rules.
More Lake Tahoe homes for sale where STRs are allowed →
3 Beds
·
3.5 Baths
·
1,970 Sq Ft
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Our data on this home

Short-term rental income $30K – $70K/yr Est. gross · $243/night · 50.8% booked Home insurance $2,200 – $2,500/yr FAIR Plan + DIC wrap, the usual Tahoe setup

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 869
Price/Sq Ft $1,013

Property History

Jun 20, 2024
Listed for sale
$2,195,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Oct 2022 · county record $1,495,000 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 3
Baths 3.5
Sq. Ft. 1,970
Year Built 1990
Property Type Residential
Style Other
Subdivision Olympic Valley
County Placer
STR Jurisdiction Placer County
APN 102150032000
Parking
Parking Features None
Exterior & Lot
Lot Features Condo/PUD Project
View Panoramic, Mountain(s), Golf Course, Ski Resort, Water, Meadow
Financial
HOA Fee $2,899 / Monthly
HOA & Community
Community Amenities Pool, Tennis Court(s), Golf Course, Cross Country Skiing, Down Hill Skiing, Exercise Equipment
📊

STR Investment Analysis

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

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Premium
55
PROJECTED GROSS ANNUAL REVENUE
$30K – $70K typically ~$45,000
~$3,750 per month
Avg Nightly
$243
Occupancy
51%
Cap Rate
0.9%

STR Investment Summary — 400 Resort Road #838 840, Olympic Valley

Est. Gross Annual Revenue
$30K – $70K
typically ~$45,000
Avg Nightly Rate
$243
Projected Occupancy
50.8%
Cap Rate
0.9%
Structural Score: 55 / 100 (Premium) · STR Zone: Green

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.

Home Insurance Estimate

California FAIR Plan fire policy + a DIC wrap policy, the usual Tahoe setup

$2,200 – $2,500/yr
about $196/mo
Est. Rebuild Cost (Coverage A)
$591,000
FAIR Plan (fire)
$1,800/yr
DIC wrap (theft, water, liability)
$400 – $700/yr

Estimate from this ZIP's California FAIR Plan rates (Plan data as of 6/30/2026, with the 29.1% increase effective 10/15/2026) on an estimated rebuild cost, plus a DIC policy at 20–40% of the FAIR premium. Not a bindable quote; a local broker quote depends on the home's age, roof, defensible space and claims history.

See it in the monthly payment Tahoe wildfire insurance costs

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

$14,955 per month
Principal & interest
$10,088/mo
Property taxes
$1,772/mo
1.0659% of the price, Placer County's 2025-26 rate, plus direct charges: California re-assesses a home at its sale price.
HOA dues
$2,899/mo
From MLS listing data.
Home insurance
$196/mo
CA FAIR Plan + DIC estimate, ~$2,200–$2,500/yr — wildfire-zone rates vary; not a bindable quote.
Down payment
20% ($399,000)
Home price
$1,995,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC
(530) 317-0373

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