$3,000,000 $33,000,000 ↓ $30,000,000 reduced Active
1060 Sandy Way
Olympic Valley, CA 96146

Get lots like this by email

When a lot like this lists in Olympic Valley at a similar price and size, we email you the same day. No account needed.

✓ STR Allowed — Permit Required
Placer County STR permit required. Eastern Placer cap of 3,900 permits (not reached) — new permits available until cap is reached.
Virtual Tour

About This Property

Dotted in towering pines and framed by panoramic views of mountains and valley, this coveted slice of Olympic Valley spans an expansive, 5.3 acres. One of the largest parcels in the area, this upsloping property offers the rare opportunity to build the home of your dreams, mere minutes to local ski lifts. Equipped with a newly paved and impressive driveway and retaining wall, this turnkey parcel is construction-ready, outfitted with underground power lines. Perched above the valley floor with sought-after southern exposure, this idyllic setting offers the quintessence of seclusion. Full Valley and mountain views including KT-22. Mountain living at its best, 1060 Sandy Way offers ultimate convenience, located a short drive to the ski area and village and 10-20 just minutes to Tahoe City and Truckee. Supremely private, centrally located, and rife with natural beauty, this 5.3-acre parcel offers the unique opportunity to own one of Olympic Valley’s premier properties.

Listed by Samantha Hall — COMPASS

Listing Details

Status Active
MLS # 20241854
Days on Market 783

Property History

Aug 30, 2024
Listed for sale
$33,000,000
Property Overview
Lot Size 5.30 acres
Property Type UnimprovedLand
Subdivision Olympic Valley
County Placer
STR Jurisdiction Placer County
APN 096050018/19
Exterior & Lot
Lot Features Greenbelt
📊

STR Investment Analysis

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

STR Investment Analysis

STR analysis
STRUCTURAL SCORE —
—
PROJECTED GROSS ANNUAL REVENUE
—
~— per month
Avg Nightly
—
Occupancy
—
Cap Rate
—

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

$17,835 per month
Principal & interest
$15,170/mo
Property taxes
$2,665/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
$0/mo
From MLS listing data.
Home insurance
$0/mo
Land — no home to insure, so no insurance estimate.
Down payment
20% ($600,000)
Home price
$3,000,000
Loan details
30-yr fixed, 6.5%
Request a Tour

We'll contact you soon.

Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

Send a Message

Or call directly: (530) 317-0373