$270,000
211 Palisades Circle #2
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.
4 Beds
·
3.5 Baths
·
2,630 Sq Ft
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About This Property

New co-ownership opportunity: Own one-eighth of this professionally managed, turnkey home by Pacaso. No matter the season, this Tahoe home offers the ultimate in modern mountain living. The two-story home is part of The Palisades community near the Truckee River, and offers an open floor plan perfect for relaxed living and entertaining. The great room features a fireplace and plenty of spaces to relax and dine, and opens to an expansive deck. The open plan also includes the gourmet kitchen with an adjoining mudroom and laundry room. The main floor also has a guest bedroom and bath, and a powder room. The upstairs primary suite is made for relaxing, with a full en-suite and doors to an upper deck with a hot tub. Two more bedrooms and a spacious flex room make it easy to host family and friends. You’ll never run out of things to do near this retreat: epic skiing on 3,600 skiable acres across multiple peaks; fishing, riding, hiking and boating, plus shopping, music and other events throughout the year in nearby Olympic Valley Village. And Lake Tahoe is just 10 minutes away. The home comes fully furnished and professionally decorated.

Listed by Maxx Rifkin — Pacaso, Inc.

Listing Details

Status Active
MLS # 20242313
Days on Market 490
Price/Sq Ft $103

Property History

Nov 13, 2024
Listed for sale
$270,000
Property Overview
Beds 4
Baths 3.5
Sq. Ft. 2,630
Stories 2
Year Built 2020
Property Type Residential
Style Modern
Subdivision Squaw Valley
APN 118-030-017-000
Parking
Parking Features Two
Exterior & Lot
Exterior Features Hot Tub
View Wooded,Mountain
Financial
HOA Fee $23
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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%

Payment calculator

$0 per month
Principal & interest
$0
Property taxes
$0
HOA dues
$0
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($54,000)
Home price
$270,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Real Estate Agent
License #CA 02235314

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