$677,500 Active
1880 Village South Road #3-442
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.
More Lake Tahoe homes for sale where STRs are allowed →
1 Beds
·
1.0 Baths
·
563 Sq Ft

Our data on this home

Short-term rental income $15K – $35K/yr Est. gross · $136/night · 50.4% booked Home insurance $600 – $700/yr FAIR Plan + DIC wrap, the usual Tahoe setup

About This Property

This is one of the premier 1-bedroom/1-bath properties in the entire Village at Palisades-Tahoe...enjoy front-row access to a world-class ski resort, as well as all the base-village shops, restaurants, and resort amenities. This sunny, top-floor unit, with views towards the ski area, has a preferred floorplan and location. The recently completed updates makes it light and bright with modern designer touches. Come be a part of the future of Palisades Tahoe now that the new Village development has been approved. Be ahead of the game and get the best location in the base area, without paying the new construction price. You can also enjoy your new ski property NOW, instead of waiting 3-4 years. The recent price adjustment accounts for an incomplete 1031 Exchange.

Listed by Michael Murphy — COMPASS

Listing Details

Status Active
MLS # 20261684
Days on Market 73
Price/Sq Ft $1,203

Property History

Aug 12, 2026
Listed for sale
$625,000
Sep 25, 2026
Price increased
$667,500 $625,000 ↑ $42,500
Sep 28, 2026
Price increased
$677,500 $667,500 ↑ $10,000
Property Overview
Beds 1
Baths 1.0
Sq. Ft. 563
Year Built 2000
Property Type Residential
Style Mountain
Subdivision Olympic Valley
County Placer
STR Jurisdiction Placer County
APN 096652034
Parking
Garage Spaces 1
Parking Features One, Other
Attached Garage Yes
Exterior & Lot
Lot Features Ski Trail, Ski In/Ski Out
View Mountain(s), Ski Resort
Financial
HOA Fee $1,832 / Monthly
HOA & Community
Community Amenities Down Hill Skiing, Exercise Equipment
📊

STR Investment Analysis

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

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Premium
62
PROJECTED GROSS ANNUAL REVENUE
$15K – $35K typically ~$25,000
~$2,083 per month
Avg Nightly
$136
Occupancy
50%
Cap Rate
1.5%

STR Investment Summary — 1880 Village South Road #3-442, Olympic Valley

Est. Gross Annual Revenue
$15K – $35K
typically ~$25,000
Avg Nightly Rate
$136
Projected Occupancy
50.4%
Cap Rate
1.5%
Structural Score: 62 / 100 (Premium) · 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)
$168,900
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

$5,914 per month
Principal & interest
$3,426/mo
Property taxes
$602/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
$1,832/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% ($135,500)
Home price
$677,500
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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