$1,995,000 $2,195,000 ↓ $200,000 reduced Active
400 Resort Road #838 840
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
·
3.5 Baths
·
1,970 Sq Ft
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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 766
Price/Sq Ft $1,013

Property History

Jun 20, 2024
Listed for sale
$1,995,000

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.

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
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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 — 400 Resort Road #838 840, Olympic Valley

Est. Annual Revenue
$43,318
Avg Nightly Rate
$233
Projected Occupancy
50.8%
Cap Rate
0.9%
Structural Score: 55 / 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
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% ($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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