About This Property
New co-ownership opportunity by Pacaso: Own one-eighth of The Alpine, a professionally managed, turnkey home. Located within The Palisades community near the Truckee River, this two-story mountain home offers an open floor plan designed for everyday living and entertaining, with convenient access to year-round recreation in Olympic Valley and nearby Lake Tahoe. The great room features a fireplace, multiple gathering and dining areas, and access to an expansive deck for indoor-outdoor living. The open-concept layout includes a gourmet kitchen, adjoining mudroom and laundry room. The main level also offers a guest bedroom and bathroom, plus a powder room. Upstairs, the primary suite includes an en suite bathroom and access to an upper deck with a hot tub. Two additional bedrooms and a spacious flex room provide options for guests, recreation or work-from-home needs. Nearby recreation includes skiing, hiking, biking, fishing, boating, shopping, dining and seasonal events in Olympic Valley and the surrounding Tahoe area. Lake Tahoe is approximately 10 minutes away. Offered fully furnished and professionally decorated.
Listing Details
Property History
Sale History · changed hands 4×
| Sold | Price | Listing agent (sell side) | Buyer agent (buy side) |
|---|---|---|---|
| Dec 2020 · county record | $1,997,000 | Deed record — brokerage sides not reported | |
| Jan 2024 | $333,000 (-83%) | Joseph MaehlerPacaso, Inc. | Joseph MaehlerPacaso, Inc. |
| Jan 2025 | $269,000 (-19%) | Joseph MaehlerPacaso, Inc. | Joseph MaehlerPacaso, Inc. |
| May 2026 | $265,000 (-1%) | Maxx RifkinPacaso, Inc. | Maxx RifkinPacaso, Inc. |
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.
STR Investment Analysis
Permitted ZoneSTR Investment Summary — 211 Palisades Circle, Olympic Valley
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