$359,000 Active Partial Ownership
Heads up: This listing is a partial ownership / fractional share — you would be buying a share of the property (not the whole home). Carefully review the listing details and any ownership documents before making an offer.
342 Palisades Circle
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 by Pacaso: Own one-eighth of Jasper, a professionally managed, turnkey home. Modern mountain living awaits at Jasper, located minutes from Palisades Tahoe and approximately 10 minutes from Lake Tahoe. Blending contemporary design with warm finishes, this home offers inviting indoor and outdoor spaces for gathering and relaxing year-round. Upcoming owner availability currently includes 6/27–7/31, 8/8–11/6 and 11/14–12/11. The great room features a gas fireplace and opens to a covered deck with modern metal railings. The gourmet kitchen includes custom wood cabinetry, generous storage, abundant counter space, a waterfall-edge island, stainless steel gas range and wine refrigerator. The main level also includes laundry and a powder room. Upstairs, floating wood and metal stairs lead to a sitting area and four bedrooms. The primary suite opens to a covered deck and includes an en suite bath with dual-sink vanity, soaking tub and tiled shower. The home comes fully furnished and professionally decorated.

Listed by Maxx Rifkin — Pacaso, Inc.

Listing Details

Status Active
MLS # 20261053
Days on Market 12
Price/Sq Ft $137

Property History

Jun 03, 2026
Listed for sale
$359,000
Property Overview
Beds 4
Baths 3.5
Sq. Ft. 2,630
Stories 2
Year Built 2022
Property Type Residential
Style Contemporary
Subdivision Squaw Valley
County Placer
STR Jurisdiction Placer County
APN 118020005
Parking
Parking Features Two
Exterior & Lot
Exterior Features Hot Tub
View Wooded
Construction Framed
Utilities & Systems
Heating Natural Gas,Electric
HOA & Community
Community Amenities Other/See Remarks
📊

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 — 342 Palisades Circle, Olympic Valley

Est. Annual Revenue
$66,979
Avg Nightly Rate
$683
Projected Occupancy
27.2%
Cap Rate
7.5%
Structural Score: 57 / 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% ($71,800)
Home price
$359,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC
(530) 317-0373

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