About This Property
New co-ownership opportunity by Pacaso: Own one-eighth of Olympic Valley, a professionally managed, turnkey home. This 4-bedroom, 4.5-bath home is minutes from the base of Palisades Tahoe and about 10 minutes from Lake Tahoe, offering convenient access to year-round recreation. Designed for gathering and everyday comfort, the open floor plan features a living room with a sleek fireplace, window seat and access to an expansive deck with mountain views, a fire pit and hot tub. The kitchen includes a waterfall-edge island, wood cabinetry and open shelving for a warm, contemporary feel. A floating staircase leads to the spacious primary suite, where large windows frame views of surrounding pines. The en suite bath includes dual vanities and a tiled walk-in shower. Three additional bedrooms each offer en suite bathrooms. The lower level includes a media room and oversized mudroom with storage for outdoor gear. Offered fully furnished and professionally decorated.
Listing Details
Property History
Sale History · changed hands 2×
| Sold | Price | Listing agent (sell side) | Buyer agent (buy side) |
|---|---|---|---|
| May 2022 | $2,551,000 | Deborah HoyerPalisades Realtors Inc | Heather WhitneySierra Sotheby's Int Rlty TK2 |
| Jan 2023 | $429,000 (-83%) | Joseph MaehlerPacaso, Inc. | Joseph MaehlerPacaso, 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 — 339 Palisades Circle #49, 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
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