$1,095,000 Active
340 Olympic Valley Road
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
·
2.0 Baths
·

About This Property

Some mountain cabins you rent. Some you dream about owning. This is the one you drop everything for. Soaring vaulted ceilings with original timber beams, a dramatic wall of windows pouring forest light into an open living and dining area, and a massive authentic stone fireplace crackling with real wood. Not a gas insert. Not a decorative surround. A genuine wood-burning hearth of the kind that simply cannot be built new in this valley anymore. This is an authentic Tahoe cabin done right: warm, clean, bright, and completely unpretentious. No wasted square footage to heat in winter — just three character-filled bedrooms, a bunk room the kids will never leave, and filtered views of Painted Rock from the upper deck where coffee and dinner both happen. Outside, towering pines frame a generous private yard — hang a hammock, string a slack line, build a treehouse. Some mornings a black bear wanders through the forest across the street, just to remind you where you are. The Mountaineer picks you up at your door for stress-free, car-free days at Palisades Tahoe. A flat circular driveway — a genuine luxury in Tahoe winters — leads to a detached two-car garage that swallows every piece of gear you own. Cabins with this character, this location, and this value don't come around often in Olympic Valley.

Listed by Breck Overall — Sierra Sotheby's Int - Rock

Listing Details

Status Active
MLS # 20260919
Days on Market 66

Property History

May 21, 2026
Listed for sale
$1,095,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Aug 2021 · county record $1,050,000 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 2.0
Lot Size 0.33 acres
Year Built 1978
Property Type Single Family Residence
Style Mountain
Subdivision Olympic Valley
County Placer
STR Jurisdiction Placer County
APN 096272005000
Parking
Garage Spaces 2
Parking Features Two, Detached
Attached Garage Yes
Exterior & Lot
Lot Features Street
View Trees/Woods
Construction Frame
Roof Metal
Foundation Concrete Perimeter, Perim Block
Utilities & Systems
Heating Electric
HOA & Community
Community Amenities Cross Country Skiing, Down Hill Skiing
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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 — 340 Olympic Valley Road, Olympic Valley

Est. Annual Revenue
$49,771
Avg Nightly Rate
$254
Projected Occupancy
53.6%
Cap Rate
1.8%
Structural Score: 63 / 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% ($219,000)
Home price
$1,095,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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