$649,998 Active
1880 Village South Road #3-332
Olympic Valley, CA 96146

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✓ STR Allowed — No Permit Needed
Placer County lists the Village at Palisades Tahoe as an approved condo-hotel (county list of March 16, 2026), so its units need no county STR permit. Check the building's own rental rules.
1 Beds
·
1.0 Baths
·
574 Sq Ft

Our data on this home

About This Property

Adorable and beautifully updated, this charming condo is ideally located in the heart of The Village at Palisades Tahoe. Perched just above Rockr and only steps from the gondola, this highly desirable residence offers the ultimate ski-in/ski-out lifestyle.Thoughtfully refreshed with upgraded light fixtures, designer paint, new shutters, updated artwork, a new A/C unit (2026), and a new sleeper sofa, the home also features newer furnishings throughout the main living area. The spacious kitchen offers ample storage and workspace, complemented by modern décor that creates a warm, inviting mountain retreat. Step onto your private balcony to enjoy fresh alpine air and watch Village concerts and events from the comfort of home. Residents enjoy an exceptional collection of premium amenities, including a private owner's ski locker, heated underground parking, multiple hot tubs, sauna, a fully equipped fitness center, and exclusive media rooms reserved for Village owners and their guests. Just minutes from the crystal-clear waters of Lake Tahoe, you'll enjoy year-round recreation, including boating, paddleboarding, hiking, biking, beaches, and breathtaking alpine scenery. Whether you're seeking an unforgettable vacation getaway, a year-round mountain retreat, or an outstanding investment opportunity, this exceptional condo offers the very best of mountain living with the beauty and adventure of Lake Tahoe just moments away.

Listed by Russell Ford — Ellington Properties

Listing Details

Status Active
MLS # 20261588
Days on Market 85
Price/Sq Ft $1,132

Property History

Jul 31, 2026
Listed for sale
$649,998

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Jan 2020 · via MLS history $345,000 — —

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; rows marked via a listing site fill the years the feed misses using that site's public sale record.

Property Overview
Beds 1
Baths 1.0
Sq. Ft. 574
Property Type Residential
Style Mountain
Subdivision Olympic Valley
County Placer
STR Jurisdiction Placer County
APN 096651027000
Parking
Parking Features None
Exterior & Lot
Lot Features Condo/PUD Project, Rental History, Ski In/Ski Out
View Panoramic, Mountain(s), Ski Resort
Utilities & Systems
Heating Radiant, In Floor
📊

STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Standard
52
PROJECTED GROSS ANNUAL REVENUE
$30K – $60K typically ~$45,000
~$3,750 per month
Avg Nightly
$224
Occupancy
55%
Cap Rate
2.8%

STR Investment Summary — 1880 Village South Road #3-332, Olympic Valley

Est. Gross Annual Revenue
$30K – $60K
typically ~$45,000
Avg Nightly Rate
$224
Projected Occupancy
55.0%
Cap Rate
2.8%
Structural Score: 52 / 100 (Standard) · STR Zone: Green

Based on comparable vacation rental performance data for Olympic Valley. Gross of management, cleaning and platform fees. Assumes full-year availability, professional management and dynamic pricing; owner use reduces it. Revenue projections are estimates and may vary.

Home Insurance Estimate

California FAIR Plan fire policy + a DIC wrap policy, the usual Tahoe setup

$600 – $700/yr
about $54/mo
Est. Rebuild Cost (Coverage A)
$172,200
FAIR Plan (fire)
$500/yr
DIC wrap (theft, water, liability)
$100 – $200/yr

Estimate from this ZIP's California FAIR Plan rates (Plan data as of 6/30/2026, with the 29.1% increase effective 10/15/2026) on an estimated rebuild cost, plus a DIC policy at 20–40% of the FAIR premium. Not a bindable quote; a local broker quote depends on the home's age, roof, defensible space and claims history.

See it in the monthly payment Tahoe wildfire insurance costs

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

$3,918 per month
Principal & interest
$3,287/mo
Property taxes
$577/mo
1.0659% of the price, Placer County's 2025-26 rate, plus direct charges: California re-assesses a home at its sale price.
HOA dues
$0/mo
From MLS listing data.
Home insurance
$54/mo
CA FAIR Plan + DIC estimate, ~$600–$700/yr — wildfire-zone rates vary; not a bindable quote.
Down payment
20% ($130,000)
Home price
$649,998
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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